5 Countries that Use Crypto and Bitcoin the Most

In this article, we will be talking about the 5 countries that use crypto and Bitcoin the most. If you wish to read our detailed analysis, you can move directly to the 20 Countries that Use Crypto and Bitcoin the Most.

5. India 

Total Population as of 2022: 1.42 Billion

Percentage of Total Population That Owns Crypto as of 2022: 7.1%

Crypto Adoption Index as of 2022: 4

India ranks 5th with the highest Bitcoin and crypto usage. Crypto is regularly used as a payment method in India. Currently, there are limited regulations for or against the use of crypto.

4. Thailand

Total Population as of 2022: 71.7 Million

Percentage of Total Population That Owns Crypto as of 2022: 9.32%

Crypto Adoption Index as of 2022: 8

Thailand ranks fourth as the country with the highest use of crypto and Bitcoin. Supportive government regulations have fueled the use of crypto for retail purchases in the region.

3. United States 

Total Population as of 2022: 0.33 Billion

Percentage of Total Population That Owns Crypto as of 2022: 13.7%

Crypto Adoption Index as of 2022: 5

The United States, one of the biggest economic hubs, ranks third as the country with the highest use of crypto and Bitcoin. The country also ranks second for the DeFi retail value, indicating that crypto is commonly used as a mode of payment for commodities.

2. Ukraine

Total Population as of 2022: 38 Million

Percentage of Total Population That Owns Crypto as of 2022: 15.72%

Crypto Adoption Index as of 2022: 3

Ukraine stands second with a crypto adoption index of 3. The Russia-Ukraine conflict has fueled the ownership and adoption of crypto in the country as a safe option. 15.72% of the population in Ukraine owns crypto.

1. Vietnam

Total Population as of 2022: 98.19 Million

Percentage of Total Population That Owns Crypto as of 2022: 18.73%

Crypto Adoption Index as of 2022: 1

Based on our methodology, Vietnam ranks as the country with the most crypto and Bitcoin users. Almost 19% of the population owns crypto. The country boasts a crypto adoption index of 1. This indicates that the country uses crypto for retail purposes on a regular basis.

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