THELOGICALINDIAN - The cardinal of surveyed South Africans that own crypto grew hardly from 103 in October 2024 to 113 in December 2024 With this amount of buying South Africa is now ranked cardinal 21 out of the 27 countries whose internet users alternate in the survey
South African Ownership Rate Below Global Average
According to the allegation of the latest Finder survey, out of the 2,003 South African internet users that were surveyed, 11.3% said they own cryptocurrency. This cryptocurrency buying amount is said to be hardly college than that of the United States (10.5%) and Sweden (9.8%).
Still, as the analysis allegation show, South Africa’s latest cryptocurrency buying amount is yet beneath the all-around average, which jumped from 11.2% in October to 15.5% in December 2024. From the absolute of 27 countries that were surveyed, South Africa is now positioned in 21st place.
In agreement of the acceptance of altered cryptocurrencies, the analysis allegation announce that 56% of the crypto owners in South Africa own bitcoin. With this admeasurement of internet users that own BTC, South Africa is the second-highest ranked out of the 27 countries. However, the allegation additionally arise to advance that added cryptocurrencies are accepting ground.
“Between now and the aftermost survey, the cardinal of crypto owners surveyed who said they captivated BTC has collapsed from the 73.5% of respondents who said they own Bitcoin in October to 56% in December,” explains the Finder analysis report.
Altcoin Popularity Growing
According to the findings, ethereum is the additional best accepted cryptocurrency with a allotment of 31.5%. This buying rate, which is 7.1% college than the all-around boilerplate of 24.4%, sees South Africa rank as the country with the eighth-highest admeasurement of internet users that own ethereum. In third abode is XRP which is endemic by 25.8% of the surveyed users while dogecoin and solana are in the fourth and fifth positions respectively.
Meanwhile, the analysis additionally begin that out of those that said they own crypto, 62% are men and 38% are women. According to the analysis report, this agency South African “men are almost 1.6 times as acceptable to own crypto than women.”
On the added hand, the analysis begin that 48.7% of South Africans age-old 18 to 34 are crypto holders. This amount is 16 allotment credibility college than that of South African holders amid the ages of 35 and 54.
What are your thoughts apropos the allegation of the latest Finder survey? Tell us what you anticipate in the comments area below.
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