{"id":947342,"date":"2021-10-17T22:41:01","date_gmt":"2021-10-18T02:41:01","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=947342"},"modified":"2025-02-13T18:01:03","modified_gmt":"2025-02-13T23:01:03","slug":"finder-cryptocurrency-adoption-index","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/cryptocurrency\/crypto-research\/finder-cryptocurrency-adoption-index","title":{"rendered":"Finder Cryptocurrency Adoption Index for 2022"},"content":{"rendered":"<p>Finder\u2019s Cryptocurrency Adoption Index measures the growth of cryptocurrencies worldwide through an ongoing survey of internet users in 26 countries.<\/p><h3>Key Canadian crypto adoption trends for November 2022 report<\/h3><style>\n    .infographicBuilder__container {\n        display: flex;\n        align-items: center;\n        justify-content: center;\n    }\n\n    .infographicBuilder__grid>div.u-grid__col:not(:first-child) {\n        margin-bottom: 15px;\n    }\n\n    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20px;\n        display: flex;\n    }\n\n    .infographicBuilder__percentageBar_section {\n        color: white;\n        padding: 1rem;\n        font-weight: 800;\n        line-height: 1rem;\n  justify-content: center;\n    }\n\n    .infographicBuilder__percentageBar_section>span {\n        display: block;\n        font-weight: 500;\n        font-size: 0.8rem;\n    }\n\n    .infographicBuilder__highlightBarChart {\n        padding-bottom: 0;\n        display: flex;\n        justify-content: center;\n        flex-direction: column;\n    }\n\n    .infographicBuilder__highlightBarChart_bars {\n        overflow: hidden;\n        display: block;\n        width: 100%;\n    }\n\n    .infographicBuilder__highlightBarChart_bar {\n        min-height: 35px;\n        font-weight: 800;\n        padding: 1rem;\n        line-height: 1rem;\n        color: white;\n    }\n\n    .infographicBuilder__highlightBarChart_bar>span {\n        display: block;\n        font-weight: 500;\n        font-size: 0.8rem;\n    }\n\n    .infographicBuilder__highlightBarChart_descContainer {\n        padding-bottom: 0;\n        display: flex;\n        justify-content: center;\n        flex-direction: column;\n    }\n\n    .infographicBuilder__highlightBarChart_desc {\n        padding-bottom: 0;\n        display: flex;\n        justify-content: center;\n        flex-direction: column;\n    }\n\n    .infographicBuilder__footer {\n        display: flex;\n        justify-content: space-between;\n        align-items: center;\n        margin: 8px 5px;\n    }\n\n    .infographicBuilder__footer_logo {\n        background-image: url(https:\/\/cdn.finder.com.au\/finder-au\/wp-uploads\/2020\/08\/finder-logo-RGB-blue_400x95.png);\n        background-repeat: no-repeat;\n        background-position: center;\n        background-size: contain;\n        height: 30px;\n        min-width: 75px;\n    }\n\n    .infographicBuilder__footer_text {\n        font-size: 0.75rem;\n        text-align: end;\n    }\n\n\n    @media (min-width: 961px) {\n        .infographicBuilder__grid>div.u-grid__col:not(:first-child) {\n            margin-bottom: 30px;\n        }\n\n        .infographicBuilder__statistic__smallAnnotation {\n        font-size: 0.8rem;\n    }\n    }\n<\/style><div id=\"infographicBuilder_e7c4984f-e0b3-48c1-adc7-20b1a7bc36a9\" class=\"infographicBuilder__container\" style=\"max-width: 1200px;\"><div class=\"u-grid u-grid--gutterCollapse infographicBuilder__grid\" style=\"max-width: 1200px;\"><div class=\"u-grid__col u-1\/1\"><\/div><div class=\"u-grid__col u-1\/1 u-1\/3@m\"><div class=\"infographicBuilder__element\"><div><h2 class=\"infographicBuilder__h2\">Canadian crypto ownership<\/h2><div><p class=\"infographicBuilder__statistic infographicBuilder__statistic__largeAnnotation\"><em>2.6M<\/em> Canadians own crypto.<\/p><\/div><\/div><\/div><\/div><div class=\"u-grid__col u-1\/1 u-1\/3@m\"><div class=\"infographicBuilder__element\"><div><h2 class=\"infographicBuilder__h2\">Gender split<\/h2><div class=\"infographicBuilder__element_container\">Canadian men are 2.1x more likely than women to own crypto.<\/p><div class=\"infographicBuilder__percentageBar\"><div class=\"infographicBuilder__percentageBar_section\" style=\"background-color: #2c63d3; width: 68%;\">Men 68%<\/div><div class=\"infographicBuilder__percentageBar_section\" style=\"background-color: #d32cb7; width: 32%;\">Women 32%<\/div><\/div><\/div><\/div><\/div><\/div><div class=\"u-grid__col u-1\/1 u-1\/3@m\"><div class=\"infographicBuilder__element\"><div><h2 class=\"infographicBuilder__h2\">Most owned crypto<\/h2><div><p class=\"infographicBuilder__statistic infographicBuilder__statistic__largeAnnotation\"><em>31%<\/em> of crypto owners have \u20bfitcoin.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"templateFF-nav is-sticky\"><nav class=\"scrollspy\" data-spy=\"affix\"><div class=\"templateFF-content\"><div class=\"scrollspy__links\"><\/div><\/div><\/nav><\/div><iframe id=\"datawrapper-chart-uQxGY\" title=\"Cryptocurrency ownership percentages by coin\" width=\"100%\"   scrolling=\"no\"  src=\"https:\/\/datawrapper.dwcdn.net\/uQxGY\/\"  loading=\"lazy\"><\/iframe><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000000\" data-toggle=\"collapse\" data-target=\"#accordion0000000000\">\n        <span class=\"luna-accordion__title\">Global crypto ownership<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000000\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><iframe id=\"datawrapper-chart-9R4NH\" title=\"Global crypto adoption table\" width=\"100%\"   scrolling=\"no\" aria-label=\"table\" src=\"https:\/\/datawrapper.dwcdn.net\/9R4NH\/\"  loading=\"lazy\"><\/iframe><\/div>\n  <\/div>\n<\/li><\/ul><h3>Cryptocurrency adoption statistics in Canada<\/h3><p>Canada ranks 20th out of 26 countries for crypto adoption, according to Finder\u2019s Crypto Adoption November 2022 report, which has so far surveyed 389,345 people in 26 selected countries (14,109 in Canada since April 2022).<\/p><p>The crypto ownership rate in Canada is 9%, which is lower than the global average of 15%. India leads the way at 29%, with Germany at the other end of the spectrum with 6%.<\/p><p>Globally, ownership sits at 15% for the November 2022 report, following 14% in the previous report.<\/p><iframe id=\"datawrapper-chart-y6oB9\" title=\"Ongoing global crypto ownership average\" width=\"100%\"   scrolling=\"no\"  src=\"https:\/\/datawrapper.dwcdn.net\/y6oB9\/\"  loading=\"lazy\"><\/iframe><p>As it stands, roughly 3% of those surveyed in Canada say they own Bitcoin (BTC), with 2% saying they own Ethereum (ETH), 2% own Dogecoin (DOGE) and 2% own Cardano (ADA).<\/p><iframe id=\"datawrapper-chart-BPdaD\" title=\"Most popular coins with those who own crypto\" width=\"100%\"   scrolling=\"no\"  src=\"https:\/\/datawrapper.dwcdn.net\/BPdaD\/\"  loading=\"lazy\"><\/iframe><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000001\" data-toggle=\"collapse\" data-target=\"#accordion0000000001\">\n        <span class=\"luna-accordion__title\">Global crypto ownership by coin<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000001\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><iframe id=\"datawrapper-chart-ogdPS\" title=\"Crypto adoption in select countries\" width=\"100%\"   scrolling=\"no\" aria-label=\"table\" src=\"https:\/\/datawrapper.dwcdn.net\/ogdPS\/\"  loading=\"lazy\"><\/iframe><\/div>\n  <\/div>\n<\/li><\/ul><h3>Popular cryptocurrencies in Canada<\/h3><p>Out of the coins looked at for the survey, Bitcoin (BTC) is the most popular cryptocurrency with crypto owners in Canada followed by Ethereum (ETH) and Cardano (ADA).<\/p><iframe id=\"datawrapper-chart-vKfTi\" title=\"Most popular coins with those who own crypto\" width=\"100%\"   scrolling=\"no\"  src=\"https:\/\/datawrapper.dwcdn.net\/vKfTi\/\"  loading=\"lazy\"><\/iframe><h4>Bitcoin adoption in Canada<\/h4><p>In the November 2022 report, roughly 31% of crypto owners in Canada said they own Bitcoin. This is below the global average, which sits at 36%.<\/p><p>Australia sits atop the table, with 59% of crypto owners holding BTC. At the other end is Mexico, where roughly 23% of crypto owners say they own Bitcoin.<\/p><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000002\" data-toggle=\"collapse\" data-target=\"#accordion0000000002\">\n        <span class=\"luna-accordion__title\">Global BTC ownership<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000002\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><iframe id=\"datawrapper-chart-klQkl\" title=\"Percentage of people who own Bitcoin: By country \" width=\"100%\"   scrolling=\"no\" aria-label=\"table\" src=\"https:\/\/datawrapper.dwcdn.net\/klQkl\/\"  loading=\"lazy\"><\/iframe><\/div>\n  <\/div>\n<\/li><\/ul><h4>Ethereum&#8217;s popularity with crypto owners in Canada<\/h4><p>Ethereum (ETH) sits in the wallets of roughly 29% of crypto owners in Canada \u2014 above the global average (24%). Crypto owners in Australia are most likely to have ETH in their wallet (46%) and crypto owners in Venezuela have the lowest ownership (12%).<\/p><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000003\" data-toggle=\"collapse\" data-target=\"#accordion0000000003\">\n        <span class=\"luna-accordion__title\">Global ETH ownership<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000003\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><iframe id=\"datawrapper-chart-sFiwE\" title=\"Percentage of people who own Ethereum: By country \" width=\"100%\"   scrolling=\"no\" aria-label=\"table\" src=\"https:\/\/datawrapper.dwcdn.net\/sFiwE\/\"  loading=\"lazy\"><\/iframe><\/div>\n  <\/div>\n<\/li><\/ul><h4>Dogecoin ownership<\/h4><p>Ownership of Dogecoin (DOGE) in Canada sits above the global average of 19%, with roughly 19% Canadians who own crypto holding the asset. United States leads the way for DOGE at 24%, whereas just 12% of crypto owners in Venezuela say they own the memecoin.<\/p><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000004\" data-toggle=\"collapse\" data-target=\"#accordion0000000004\">\n        <span class=\"luna-accordion__title\">Global DOGE ownership<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000004\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><iframe id=\"datawrapper-chart-talBq\" title=\"Percentage of people who own Dogecoin: By country \" width=\"100%\"   scrolling=\"no\" aria-label=\"table\" src=\"https:\/\/datawrapper.dwcdn.net\/talBq\/\"  loading=\"lazy\"><\/iframe><\/div>\n  <\/div>\n<\/li><\/ul><h4>Cardano adoption<\/h4><p>Adoption of Cardano sits at approximately 20% of crypto owners following the November 2022 report, which is above the global average of 18%. Cardano is most popular with crypto owners in Hong Kong (26%), whereas just 11% of crypto owners in Nigeria say they hold ADA.<ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000005\" data-toggle=\"collapse\" data-target=\"#accordion0000000005\">\n        <span class=\"luna-accordion__title\">Global ADA ownership<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000005\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><iframe id=\"datawrapper-chart-IQRnu\" title=\"Percentage of people who own Caradno: By country \" width=\"100%\"   scrolling=\"no\" aria-label=\"table\" src=\"https:\/\/datawrapper.dwcdn.net\/IQRnu\/\"  loading=\"lazy\"><\/iframe><\/div>\n  <\/div>\n<\/li><\/ul><h3>Men in Canada more likely than women to own crypto<\/h3><p>Of those in Canada who own crypto, 68% are men and 32% are women.<\/p><iframe id=\"datawrapper-chart-Eq7bX\" title=\"Cryptocurrency ownership Men vs. women\" width=\"100%\"   scrolling=\"no\"  src=\"https:\/\/datawrapper.dwcdn.net\/Eq7bX\/\"  loading=\"lazy\"><\/iframe><p>There is a wide gap in adoption of crypto between men and women. Of those who own crypto, an average of 37% are women compared to 63% who are men. United Kingdom actually has the widest gap, with 75% of people that own crypto being men. Vietnam is the closest between the sexes (crypto ownership being 53% men, compared to 47% women).<\/p><iframe id=\"datawrapper-chart-VVB5S\" title=\"Global cryptocurrency ownership split: Men vs. women\" width=\"100%\"   scrolling=\"no\" aria-label=\"table\" src=\"https:\/\/datawrapper.dwcdn.net\/VVB5S\/\"  loading=\"lazy\"><\/iframe><h3>Age trends for crypto ownership in Canada<\/h3><p>Those aged 18-34 in Canada lead the way in terms of the crypto split, making up 50% of crypto owners. Those aged 55+ are the group least likely to own crypto, making up just 14% of crypto owners.<\/p><iframe id=\"datawrapper-chart-1ib0x\" title=\"Cryptocurrency ownership split in by age\" width=\"100%\"   scrolling=\"no\"  src=\"https:\/\/datawrapper.dwcdn.net\/1ib0x\/\"  loading=\"lazy\"><\/iframe><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000006\" data-toggle=\"collapse\" data-target=\"#accordion0000000006\">\n        <span class=\"luna-accordion__title\">Global age split<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000006\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><iframe id=\"datawrapper-chart-qXWsA\" title=\"Crypto ownership age split: By country\" width=\"100%\"   scrolling=\"no\"  src=\"https:\/\/datawrapper.dwcdn.net\/qXWsA\/\"  loading=\"lazy\"><\/iframe><\/div>\n  <\/div>\n<\/li><\/ul><h3>Methodology<\/h3><p>Finder regularly survey individuals across 26 countries to analyze cryptocurrency adoption rates, investment diversification and the demographics of investors.<\/p><p>Beginning in April 2022, Finder switched its method to a three-month rolling average. The July 2022 report will be the first to present data using the three-month rolling average, which is made up of responses gathered between April and June 2022. The August report will display May through July 2022 and so forth. So far the survey using the new method has garnered 389,345 responses.<\/p><p>The survey is designed by Finder and conducted by Google in all territories except for the first run in Australia, where the survey is conducted by Qualtrics\/SAP.<\/p><p>Participants are internet, smartphone and Google AdMob users or Qualtrics research panel participants. Sample sizes range from 1,000 to 2,500 people and are directly proportional to population size. Participating countries are selected based on global Finder site traffic and availability on research platforms.<\/p><p>Survey results are analyzed using Google&#8217;s Data Studio, which provides weighted averages for the top-level responses, along with breakdowns for sex and age.<\/p>","protected":false},"excerpt":{"rendered":"<p>Finder&#8217;s Cryptocurrency Adoption Index measures the growth of cryptocurrencies across the world through a regular survey.<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[107094],"tags":[],"asset_tag":[],"class_list":["post-947342","post","type-post","status-publish","format-standard","hentry","category-crypto-research"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - 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