As the number of cryptocurrency investors continues to grow worldwide, Türkiye ranks third globally in terms of cryptocurrency ownership relative to its population, with 19.3% of its citizens owning digital assets in 2023.
Global cryptocurrency adoption on rise
According to a Singapore-based finance company, Triple-A report of 2023:
- Approximately 420 million people globally invested in cryptocurrency.
- This figure increased by 33% in 2024, reaching 562 million investors.
- Asia leads the global market with 326.8 million investors.
- North America follows with 72.2 million investors.
Regional leaders in cryptocurrency ownership
The countries with the highest cryptocurrency ownership rates relative to population are:
- UAE: 25.3%
- Singapore: 24.4%
- Türkiye: 19.3%
- Argentina: 18.9%
- Thailand: 17.6%
Other notable countries include Brazil, Vietnam, the U.S., Saudi Arabia and Malaysia.
Investor demographics: Younger groups lead
Highlights from the demographic analysis:
- 61% of cryptocurrency investors are men, and 39% are women.
- Age distribution among investors:
- 25-34 years: 34% (largest group)
- 35-44 years: 31%
- 18-24 years: 14% (most gender-balanced group)
- A clear trend shows the proportion of male investors increases with age.
Bitcoin: Türkiye’s preferred cryptocurrency
Findings from Paribu’s “Cryptocurrency Awareness and Perception Survey,” in Türkiye:
- 1 in 4 cryptocurrency users started trading within the past 6 months.
- 1 in 3 users check their accounts at least once daily.
- 3 in 4 cryptocurrency users in Türkiye engage in short-term trading.
- 70% of investors trade Bitcoin, while 29% prefer Ethereum.
- Usage patterns:
- 53% of Bitcoin users view it as a long-term investment.
- 92% of Ethereum users use it for short-term trading.
