The graph above indicates that is exactly what Australian investors have been doing. It’s common in crypto for people to say ‘Do Your Own Research’ (DYOR). The whitepaper and community engagement are the most important factors when Australians are making investment decisions It’s important to note that much of bitcoin’s meteoric rise occurred just over a year today with the altcoins following after, helping explain some of the divergences between twelve-month returns. Naturally, looking at the most popular coins, the next question is how did they perform? As of January 2022, here’s how the five most held coins performed over the past year:Īs you can see, there is a vast difference between the performance of the coins over the past twelve months. Bitcoin (65% of crypto investors hold bitcoin).The five most popular cryptocurrencies in Australia are: However, both Cardano and Dogecoin are outside the top five, and Dogecoin is outside the top ten, indicating that while they’re widely held, it’s likely investors dedicated more of their portfolio towards bitcoin and Ethereum. It’s no surprise that bitcoin, Ethereum and Binance Coin are the most widely held coins as they’re the three largest by market cap. Bitcoin is Australia's most popular coin, while Dogecoin is the fourth favourite And now that regulations in Australia are becoming more welcoming of cryptocurrency, that figure looks set to rise much further. With 17.7% of Australians reporting that they own at least one cryptocurrency, an astonishing 4.6 million Aussies now own cryptocurrency. 4.6 million Australians own cryptocurrency 51% of Australians predict cryptos’ high volatility will continue.ġ.More men than women own crypto in Australia, for now.Australia has the third-highest rate of crypto adoption in the world.The whitepaper and community engagement are the most important factors when Australians are investing in crypto.Bitcoin is Australia's most popular coin, while Dogecoin is the fourth favourite.
Is Australia a leader of cryptocurrency growth and adoption? Looking at these statistics from Statista, Finder and Capterra, it certainly seems so. 7 key takeaways - Crypto statistics Australia Let’s start with seven key crypto statistics. In this article on cryptocurrency in Australia, we explore the key Australian cryptocurrency statistics and charts you can see which coins other Australians are hodling, where they store their coins, and their long-term predictions.
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