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Spain ranked 10th: Countries most interested in crypto

The most crypto-obsessed countries 2024: Spain #10

  • A new study has named the Netherlands as the most crypto-obsessed country, topping the rankings with an average of 2,698 monthly searches for crypto-related terms 
  • Austria is in second place with 2,042 crypto-related searches, while Switzerland is in third place with an average of over 1,873 monthly searches 
  • The study analyzed the countries with the highest search volumes for terms related to cryptocurrency  

A new study has named the Netherlands as the country most interested in cryptocurrency, leading the rankings with an average of 2,698 monthly searches for crypto-related terms.  

Experts at the trading review website BinaryOptions.com analyzed the countries with the highest search volumes for terms related to cryptocurrency, such as “Crypto market analysis” and “Crypto trading.” Each country's average number of monthly searches was then compared to its population, determining the final list. 

The study identifies the Netherlands as the most crypto-obsessed country, topping the rankings with an average of 2,698 monthly searches per 100,000 people. “Bitcoin” is the leading search term in the country. Other recurring search terms include “Crypto wallet” and “Bitcoin mining.”  

Austria is named the second-most crypto-obsessed country, with an average monthly search volume of 2,042 per 100,000 residents. Popular search terms in the country include “Blockchain” and “Cryptocurrency prices.”  

Switzerland ranks as the third-most interested country in cryptocurrency, with an average of 1,873 monthly searches per 100,000 people. “Altcoin” and “Crypto market” are among some of the country's most popular search terms.  

Germany is in fourth place, with an average of 1,717 searches per 100,000 residents. “Bitcoin” is the leading search term in the country, followed by “Blockchain.”  

The top 10 countries most interested in cryptocurrency:  

Rank  

Country  

Average Monthly Search Volume per 100K  

1 

Netherlands 

2,698 

2 

Austria 

2,042 

3 

Switzerland 

1,873 

4 

Germany 

1,717 

5 

Finland 

1,536 

6 

Luxembourg 

1,531 

7 

Liechtenstein 

1,430 

8 

Canada 

1,417 

9 

Sweden 

1,377 

10 

Spain 

1,296 

 

Finland ranks fifth, with an average of 1,536 searches per 100,000 residents. Recurring search terms in the country include “Crypto wallet” and “Bitcoin wallet.”  

Luxembourg residents are revealed to be the sixth-most interested in cryptocurrency, with an average of 1,531 monthly searches per 100,000 people. Some of the country’s most popular search terms include “Crypto exchange” and “Ethereum.”  

Liechtenstein is in seventh place, with an average of 1,430 monthly searches per 100,000 residents. “Bitcoin” and “Bitcoin wallet” are some of the country's most recurring search terms.  

Canada ranks eighth, with an average of 1,417 monthly searches per 100,000 people. The study found that residents frequently search for “Cryptocurrency prices” and “Bitcoin mining.”  

Sweden ranks as the ninth-most crypto-obsessed country, with an average monthly search volume of 1,377 per 100,000 residents. The study suggests that there is a rise in people investing in crypto for the first time, with “What is cryptocurrency” being one of the most popular search terms in the country.  

Spain is named as the tenth-most interested country in cryptocurrency, with an average of 1,296 monthly searches per 100,000 people. Some of the country’s most popular search terms include “Crypto exchange” and “Crypto market.”  

Meanwhile, Chad is named the country least interested in crypto, with the lowest average monthly search volume of 1.2 per 100,000 residents 

Other low-ranking countries include Niger, with an average of 1.5 monthly searches per 100,000 people, and the Democratic Republic of Congo, with an average monthly search volume of 1.9 per 100,000 residents 

Andre Witzel, a Trading Expert at BinaryOptions.com, commented:  

This study highlights that interest in cryptocurrency differs substantially on a regional level, and this is due to numerous factors.  

Countries that are self-proclaimed tech hubs and invest thousands in technological advancements have been quicker to embrace crypto, unlike countries that are wary of adopting new technologies.  

Notably, the U.S. and the UK are both absent from the top ten ranking, likely due to the widespread level of uncertainty surrounding cryptocurrency. This uncertainty can be linked to the media often highlighting stories about crypto scams and fraud. As both countries already have stable financial systems and digital payment methods, the world of digital currency may be less appealing.  

“Meanwhile, the Netherlands has a reputation for quickly adopting new technologies, making them one of the most technologically advanced countries in the world. The country has a strong culture of tech innovation and encourages advancements in cryptocurrency, which explains why the Netherlands tops the rankings in this study.”  

This information was provided by experts at the trading review website, BinaryOptions.com.  

[ENDS] 

If you use any insights from this story, please provide a linked credit to Binaryoptions.com, as they conducted the research for this piece.  

Methodology  

  • First, a seed list of initial search terms was established based on the terms related to cryptocurrency. 
  • Then, the monthly average search volume for each term in each country was taken from Ahrefs
  • Once this was complete, the total number of monthly average searches in each location was compared against its population. This established the monthly average searches per 100,000 people, allowing for an accurate comparison of the search rate across locations of differing sizes. 
  • This final figure was used to sort the locations into the final ranking.
  • The complete data set is available on request.  

List of key terms included:  

  • [Name of crypto] 
  • [Crypto] market analysis 
  • [Crypto] exchange 
  • [Crypto] prices 
  • [Crypto] trading 
  • [Crypto] wallet 
  • [Crypto] investment 
  • [Crypto] investment strategy 
  • [Crypto] mining 
  • [Crypto] regulation 
  • [Crypto] scams 
  • [Crypto] fraud 
  • [Crypto] theft 
  • [Crypto] security 
  • [Crypto] hacks 
  • [Crypto] ransomware 
  • [Crypto] phishing 
  • [Crypto] malware 
  • [Crypto] tax guide 
  • [Crypto] explained
  • Future of [crypto]  

The top 50 countries most interested in cryptocurrency:  

Rank  

Country  

Average Monthly Search Volume per 100K  

1 

Netherlands 

2,698 

2 

Austria 

2,042 

3 

Switzerland 

1,873 

4 

Germany 

1,717 

5 

Finland 

1,536 

6 

Luxembourg 

1,531 

7 

Liechtenstein 

1,430 

8 

Canada 

1,417 

9 

Sweden 

1,377 

10 

Spain 

1,296 

11 

Czech Republic 

1,289 

12 

Australia 

1,262 

13 

Slovakia 

1,259 

14 

Portugal 

1,251 

15 

United Kingdom 

1,180 

16 

Andorra 

1,172 

17 

Gibraltar 

1,170 

18 

Belgium 

1,165 

19 

Iceland 

1,145 

20 

Brazil 

1,140 

21 

Norway 

1,131 

22 

Singapore 

1,124 

23 

Ireland 

1,051 

24 

Turkey 

1,006 

25 

Poland 

1,000 

26 

Italy 

999 

27 

United States 

971 

28 

Estonia 

940 

29 

Malta 

923 

30 

France 

913 

31 

Cyprus 

885 

32 

New Zealand 

880 

33 

Denmark 

860 

34 

Jersey 

843 

35 

Croatia 

837 

36 

Hong Kong 

766 

37 

United Arab Emirates 

758 

38 

Lithuania 

730 

39 

Greece 

667 

40 

Bermuda 

634 

41 

Latvia 

587 

42 

Slovenia 

543 

43 

Maldives 

518 

44 

Hungary 

506 

45 

Bulgaria 

492 

46 

Israel 

471 

47 

Montenegro 

462 

48 

Bhutan 

461 

49 

Bahamas 

434 

50 

Albania 

422 

All the best,
Tomasz Nowicki

 

tomasz.nowicki@journoresearch.org

Phone inquires: +44208 050 0054

 

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This email was sent on behalf of our client binaryoptions.com. Journo Research operates as binaryoptions.com’s Digital PR agency.

 

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