RATE Group | Number of Australians Holding Cryptocurrency Doubles, New Survey Finds
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Number of Australians Holding Cryptocurrency Doubles, New Survey Finds

Number of Australians Holding Cryptocurrency Doubles, New Survey Finds

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A new August survey says the number of Australians currently holding virtual currency has nearly tripled since a similar study was carried out in January.


Nations like Malta and Switzerland often dominate headlines when it comes to cryptocurrencies.

Down under in Australia, virtual currencies are also booming as a number of entities and businesses across the country have shown a strong interest.

Queensland has been banking on crypto in order to bolster tourism. Queensland saw the Brisbane Airport become the first in the world to accept digital currency in May.

Exchange platform Cointree and billing platform Gobbill announced a partnership in late August that made it possible for all Australians to pay bills using virtual currency.

Now, a new survey from HiveEx suggests the number of crypto-holding Australians has jumped up significantly from the start of the year.

Rough Markets… No Problems?   

HiveEx surveyed 2,000 people in January and found that 5% of them owned…

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