According to a Finder Consumer Sentiment Tracker poll, 17% of Australians currently own cryptocurrencies. The total amount of crypto assets in the wallets of Australian citizens is estimated at $ 8 billion.
According to researchers, bitcoin remains a popular cryptocurrency among Australians – 9% of the country’s residents own it. Also popular are ETH (8%), DOGE (5%) and BCH (4%). At the same time, a third of respondents believe that by 2050, payments in bitcoins will be more popular than payments in national currency.
Among the owners of cryptocurrencies, men are much more common – 23% of the surveyed males keep digital assets and only 11% of the surveyed females. Moreover, in January the proportions were 29% and 7%, respectively.
Almost half of the respondents declare a complete lack of interest in cryptocurrencies and say that they will never buy digital assets. 32% of those surveyed said they would prefer to invest in cryptocurrencies buying shares or depositing in a bank. The main reason is the riskiness and volatility of digital assets. Moreover, if in January 29% of the respondents spoke about this, now this opinion is shared by 43% of the respondents.
It is interesting that if in January the Australians called the main reason for buying cryptocurrencies the hope of making money on the growth of the exchange rate (45%), now the desire to diversify their investment portfolio (30%) is coming to the fore. The share of respondents expecting an increase in quick earnings dropped to 24%. Another 17% of Australians simply do not want to “stay away” from this phenomenon, and 11% buy cryptocurrencies because of the novelty.
Recall that according to a survey by CNBC, about 11% of US citizens invest in cryptocurrencies, and mostly people under 35 years old.

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.