An overview of the crypto adoption in South-Africa.
2022
Financial services
This source contains more information about the cryptocurrency holdings in South Africa
The crypto ownership rate in South Africa is 10%, which is lower than the global average of 15%, and roughly 5% of those surveyed in the country say they own bitcoin (BTC), with 2% saying they own ethereum, 2% dogecoin, and another 1% cardano .
With South Africa’s regulators becoming more lax and taking a liberal stance on crypto over the last few months, the country is likely to see an increase in crypto adoption over the next few months.
With regard to age, those aged 18–34 in South Africa lead the way in terms of the crypto split, making up 45% of crypto owners. Those aged 55 and above are the group least likely to own crypto, making up just 23% of crypto owners.
.png)
.png)