Cryptocurrency
Thailand Ranks Among the Top 10 Cryptocurrency Users Around the World
Published
2 years agoon
By
Arsi Mughal
(CTN News) – Among the top 10 cryptocurrency users in the world is Thailand, according to a survey by payment information website Merchant Machine.
Among the factors considered in determining the top 10 were the number of owners, businesses that accept crypto, and ATMs.
While India had more than 100 million cryptocurrency owners, but only 7.30% of its population, the United States topped the globe with exactly 27.49 million cryptocurrency owners, accounting for 8.31 percent of its population.
Similarly, the US had 33,212 bitcoin ATMs compared to just two in India.
Merchant Machine ranked Thailand fifth overall with 3.62 million owners, accounting for 5.20 percent of its population.
Even though Thailand had more crypto owners – 5.96 million – and a higher 6.12 percent population, it was ranked ahead of Vietnam, at 9th.
Investing in digital currencies has grown in popularity over the past few years, as more and more people choose to do so, according to Merchant Machine.
Globally, there are estimated to be 300 million crypto users as of 2021.
The top 10 cryptocurrency users, according to Merchant Machine, are:
1. US (27.49 million owners, accounting for 8.31% of population)
2. Ukraine (5.56 million, accounting for 12.73% of population)
3. UK (3.36 million, accounting for 4.95% of population)
4. India (100.74 million, accounting for 7.30% of population)
5. Thailand (3.62 million, accounting for 5.20% of population)
6. Russia (17.37 million, accounting for 11.91% of population)
7. France (2.17 million, accounting for 3.34% of population)
8. Netherlands (521,404, accounting for 3.04% of population)
9. Vietnam (5.96 million, accounting for 6.12% of population)
10. Colombia (3.12 million, accounting for 6.14% of population).
Related CTN News:
Bitcoin Reaches $25,000 For The First Time Since June Before Slipping
Ethereum Is One of The Best Cryptocurrencies to Buy for the Long-Term
Arsi Mughal is a staff writer at CTN News, delivering insightful and engaging content on a wide range of topics. With a knack for clear and concise writing, he crafts articles that resonate with readers. Arsi's pieces are well-researched, informative, and presented in a straightforward manner, making complex subjects accessible to a broad audience. His writing style strikes the perfect balance between professionalism and casual approachability, ensuring an enjoyable reading experience.
![Play Online Blackjack in Australia [2024]: Top 10 Online Australian Blackjack Sites](https://www.chiangraitimes.com/wp-content/uploads/2024/03/word-image-303235-1-80x80.jpeg "Play Online Blackjack In Australia [2024]: Top 10 Online Australian Blackjack Sites 16")
