Bitcoin still Australia’s most popular cryptocurrency, survey finds

The number of Australians investing in cryptocurrency is on the rise and one digital currency has emerged as the top pick for buyers Down Under.

The 2021 Independent Reserve Cryptocurrency Index (IRCI) has offered insight into Australia’s cryptocurrency habits, revealing more than a quarter of citizens now own some form of crypto.

The IRCI is a national survey that has been running for three years and aims to provide a benchmark for the awareness, trust and confidence that everyday Australians have in digital currencies.

Just under 29 per cent of Aussies now own or have owned crypto, up from 18.4 per cent in 2020.

Unsurprisingly, bitcoin is still the most popular and well-known cryptocurrency, with 21.1 per cent owning it and 89.1 per cent of Australians saying they have heard of bitcoin.

In second place in ethereum, with 11 per cent of people owning the cryptocurrency, up from 5 per cent in 2020.

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Source: Bitcoin, ETH: Australia’s most popular cryptocurrency revealed