The countries most obsessed with crypto: the ranking by BinaryOptions

A recent survey revealed that citizens of the Netherlands are among the most obsessed with crypto, with an average of 2,698 monthly searches. Austria and Switzerland follow in the ranking, demonstrating a strong interest in the crypto world.  

Let’s see all the details in this article. 

Austria and Switzerland follow in the ranking of countries most interested in crypto 

As anticipated, a new study conducted by the trading review site, BinaryOptions.com, has revealed the countries with the greatest interest in crypto, based on the volume of monthly searches conducted.

At the top of the ranking, we find the Netherlands, with an average of 2,698 monthly searches per 100,000 inhabitants, a number that demonstrates the growing attention towards the crypto world in the country.

The Netherlands therefore stand out as the country most interested in cryptocurrencies, with “Bitcoin” as the most frequent search term. Other related terms that often appear in Dutch searches are “Crypto wallet” and “Bitcoin mining“.

Highlighting therefore the interest not only for the most popular virtual currency, but also for the tools and technologies necessary for the management and mining of criptovalute.

This obsession with cryptocurrencies is not surprising, considering the reputation of the Netherlands as one of the most technologically advanced countries in Europe, always ready to embrace new innovations.

Closely following the Netherlands, Austria ranks second, with an average of 2,042 monthly searches per 100,000 inhabitants. 

In Austria, the most common search terms include “Blockchain” and “Prezzi delle criptovalute,” demonstrating that Austrian interest is focused both on the technological infrastructure that supports cryptocurrencies and on monitoring their market prices.

In third place we find Switzerland, with an average of 1,873 monthly searches. With “Altcoin” and “Cryptocurrency market” as the main terms, Switzerland confirms itself as one of the most important hubs for trading and development of cryptocurrencies in Europe. 

The country, known for its economic stability and its advanced financial sector, has already earned the reputation of “Crypto Valley”, with numerous crypto companies choosing to establish themselves in the canton of Zug.

The other countries in the ranking

In fourth place we find Germany, with an average of 1,717 monthly searches. Here too, “Bitcoin” and “Blockchain” are the most searched terms, testifying to a growing interest in cryptocurrencies. 

Despite Germany being more conservative compared to other European countries when it comes to adopting new technologies, the interest in the crypto world is clearly on the rise.

Finland occupies the fifth position, with an average of 1,536 monthly searches. In Finland, users are particularly interested in crypto wallets, with “Crypto wallet” and “Bitcoin wallet” among the most searched terms. 

This suggests that more and more Finns are exploring safe ways to store their cryptocurrencies.

Interesting to note that smaller countries like Luxembourg and Liechtenstein occupy the sixth and seventh positions respectively. 

Luxembourg records an average of 1,531 monthly searches, with “Exchange di criptovalute” and “Ethereum” among the main terms. Liechtenstein, with 1,430 monthly searches, shows a strong interest in “Bitcoin” and related crypto wallets.

Canada, despite its vast geographical extension, ranks eighth, with 1,417 monthly searches. 

Canadian users are particularly interested in cryptocurrency prices and Bitcoin mining, demonstrating a growing adoption of the crypto world even across the Atlantic.

Sweden and Spain: the countries of northern and southern Europe

In ninth place we find Sweden, with 1,377 monthly searches. Among the most searched terms in the Nordic country is “What is cryptocurrency,” suggesting that many Swedes are just beginning to explore this sector. 

Finally, Spain closes the top 10 with 1,296 monthly searches, with a particular interest in exchanges and the cryptocurrency market.

On the other side of the ranking, we find countries like Chad, with only 1.2 monthly searches per 100,000 inhabitants, indicating minimal interest in cryptocurrencies. 

Other countries that show little attention towards this market are Niger and the Democratic Republic of the Congo.

According to Andre Witzel, an expert in trading at BinaryOptions.com, interest in cryptocurrencies varies significantly depending on the region and can be influenced by various factors, including the level of technological development and the stability of local financial systems. 

Countries like the United States and the United Kingdom, although technologically advanced, do not appear in the top 10, probably due to the widespread uncertainty towards cryptocurrencies, accentuated by frequent cases of fraud and scam.

Source: https://en.cryptonomist.ch/2024/09/28/the-countries-most-obsessed-with-crypto-the-ranking-by-binaryoptions/