1 in 5 US Consumers Have Purchased Bitcoin

cryptocurrency

Three cryptocurrencies are the ones that the greatest shares of consumers currently own, have ever owned and are aware of. Making the top 3 in each of these aspects are bitcoin, ether and dogecoin.

Those are the three most common cryptocurrencies that consumers currently own, according to “The U.S. Crypto Consumer,” a PYMNTS and BitPay collaboration based on a survey of 2,334 U.S. consumers.

Get the report: The U.S. Crypto Consumer

Bitcoin is most common, as it’s currently held by 12% of consumers, followed by ether at 7% and dogecoin at 6%.

The remainder of the top 10 cryptocurrencies are held by 3% or less of consumers.

Those three cryptocurrencies are also the three most common that consumers have ever owned, including consumers who currently hold it, those who’ve held it in the last 12 months and those who’ve held it at some earlier time.

Eighteen percent of consumers have ever held bitcoin, 12% have ever held ether and 11% have ever held dogecoin.

Among the rest of the top 10 cryptocurrencies, only Bitcoin cash has ever been owned by at least 10% of consumers; the other cryptocurrencies have been owned by only single-digit percentages of consumers.

Ownership of these cryptocurrencies equates to consumers’ awareness of them. The three that the greatest shares of consumers currently own and have ever owned are also the ones that the greatest shares of consumers know, taking into account also those who have never held but know the coin.

Ninety-two percent of consumers know bitcoin, 50% know dogecoin and 42% know ether.

Not far behind one of those three in consumer awareness is bitcoin cash. While only 3% of consumers currently own bitcoin cash and about 10% of consumers have ever owned it, 41% of consumers know the coin. That’s not far behind the percentage of consumers who know ether.

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