Cryptocurrency owners that carry out activities in Colombia multiplied by two. According to Finder, these owners share similarities with the Argentines that claimed first place in adoption among Latin Americans.

Colombia became the third nation with the highest growth of owners of bitcoin and other cryptocurrencies worldwide. Likewise, Argentina joined Mexico as the Latin American region with the most prominent adoption rate. This information comes from the most recent survey by the Finder group, a provider of statistics of Australian origin.

The data comes from the December 2021 query, in which Finder included Argentina and Venezuela, countries that were not evaluated in the previous version of the survey, carried out in October 2021.

The most recent results revealed that Colombia went from an average of 7.7% to 14.5% between October and December of the Internet users who own some cryptocurrency. This figure implies that the owners of these digital assets multiplied by 1.9 in the last three months of the year. Only Norway and Russia had experienced higher growth rates of 3 and 2.9.

However, the adoption ranking among Latin Americans got headed by Argentina, which shares a position with Mexico as the country with the highest percentage of cryptocurrency holders. According to the Finder survey, these countries have at least 15.2% among respondents, and both won 13th and 14th ranking positions in a list based in 27 countries.

Venezuela, Colombia, and Brazil achieved the first pots in the Latin American table, with positions 15, 16, and 17, respectively. All the countries in the region show results near the global average, which stood at 15.4% in the December survey.

Bitcoin holders in Latin America are below the world’s Average

The pollsters had pulled apart the Latin American preferences for certain cryptocurrencies. It showed that the piece of Bitcoin inside the cryptocurrency portfolio of Latin Americans is below the global average.

The highest percentage got registered in Brazil, where 28.4% of those surveyed said they owned bitcoin. Brazil got followed by Venezuela with 27.5%, Mexico with 22.8%, and Colombia with 20.5%. Argentina is at the bottom of the list, with a proportion of 16.6%, well below the global average, stood at 39.1%.

Argentines seem to prefer diversified portfolios. The survey included questions about ownership of ether (Ethereum cryptocurrency), dogecoin, Solana, and XRP, with participants from Argentina registering between 14% and 11.7%. On the other hand, Colombians and Venezuelans prefer Ethereum as a second currency, and in the rest of those evaluated, they showed averages below 10%.

It is worth noting that, to build its cryptocurrency adoption rate, Finder got based on an ongoing survey of Internet users in the 27 participating countries.

For August 2021, another survey carried out by the firm Chainalysis in 150 countries placed Venezuela in the first place of adoption in Latin America, followed by Argentina and Colombia.

By: Jenson Nuñez

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