From research by Multiscope It turns out that there are no fewer than 1.9 million Dutch people who own crypto. In addition, it appears that this number has grown enormously in recent years. But which cryptocurrency is the most popular among the Dutch?
1 million new crypto Dutch
The survey was conducted among more than 4,000 Dutch people and tries to provide a representative picture of the rest of the Netherlands. For example, it appears that 14% of the Dutch population over the age of 18 owns crypto, which amounts to 1.9 million people.
Multiscope reports that more than 1 million new crypto owners have been added compared to its previous poll in 2018. That is perhaps not surprising given the bitcoin (BTC) price performance in recent years.
Furthermore, it appears that especially men are interested in crypto; 70% of the 1.9 million Dutch people are male. The age category in which most crypto-Dutch people can be found is 18 to 34 years old. In addition, the average crypto owner in the Netherlands is more often highly educated.
Bitcoin most popular, cardano and XRP also in the list
Then to perhaps the most interesting part of the research. Which cryptocurrency is now the most popular among the Dutch? It should come as no big surprise that bitcoin is at the top of this list. More than 1.2 million Dutch people over the age of 18 own BTC, or 9% of the Dutch population.
In second place we find ethereum (ETH) with 6% and the list continues down with 5% for cardano (ADA), and 3% for both ripple (XRP) and dogecoin (DOGE).
How Dutch people buy bitcoin
Multiscope also made a number of findings regarding the money that the Dutch use to buy crypto via, for example, the Dutch crypto exchange Bitvavo. More than 63% of crypto owners use money from their checking account and 41% use money from the savings account.
According to Multiscope, women are more likely to buy crypto with their savings. Fortunately, only 2% of Dutch people use borrowed money for their crypto and bitcoin purchases.
Another study, which appeared in the crypto news last week, states that there could be 1 billion crypto owners worldwide by 2030. You can read more about this in this article.
