A recent cryptocurrency survey by Findler reveals rapidly growing interest in digital currencies among Australian citizens. The study shows that 17% of Australians now hold crypto assets, recognizing their potential as a financial tool.
Key Survey Findings:
Generational Trends:
- 31% of Gen Z Australians (Zoomers) prefer cryptocurrencies as an investment vehicle.
Barriers to Adoption:
- 20% of non-holders cite lack of knowledge about purchasing digital assets as their primary obstacle.
Top Cryptocurrencies Held:
- Bitcoin (9%) leads as the most popular investment.
- Other holdings include Ethereum, Bitcoin Cash, Litecoin, and Ripple.
Global Crypto Adoption Ranking:
- Nigeria (32%)
- Vietnam (21%)
- Philippines (20%)
- Australia (17%)
Australia's Crypto-Friendly Landscape:
- Pioneered the world’s first crypto city (Agnes Waters, 2018), where residents and tourists could transact exclusively with digital currencies.
Major cities now host crypto-accepting businesses:
- Melbourne (107)
- Sydney (90)
- Brisbane (42)
- 6 additional cities support crypto payments for daily transactions.
👉 Explore crypto-friendly services in Australia
FAQ Section
Q: Which generation in Australia adopts crypto the most?
A: 31% of Gen Z Australians hold cryptocurrencies, the highest among all age groups.
Q: What stops Australians from buying crypto?
A: 20% report not knowing how to purchase digital assets as their main challenge.
Q: How does Australia rank globally for crypto adoption?
A: Australia holds 4th place, trailing Nigeria, Vietnam, and the Philippines.
Q: Are there cities in Australia where crypto is widely accepted?
A: Yes! Melbourne, Sydney, and Brisbane lead with 239+ businesses collectively accepting crypto payments.
👉 Learn how to start investing in crypto
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