13% of Ukrainians own cryptocurrency, but almost everyone knows about it

On the country's leading cryptocurrency exchanges, the total trading volume reached $2 million. However, only 13% of Ukrainians actually own cryptocurrency. These figures were recently announced by Kantar TNS Online Track.

Ukraine is gradually digitizing and joining the blockchain revolution. Even in rural outback they are forming their own “cryptocurrency investment portfolio.” 

 According to the results of an online survey conducted by TNS among Internet users in Ukraine, the majority of respondents have knowledge and information about digital currency. 

Only 5% of respondents do not know the meaning of the word “cryptocurrency”, almost a quarter are familiar with this concept and 72% of respondents are confident in their knowledge of the crypto space and digital currencies. At the same time, the statistics are similar to global gender and age indicators: among crypto enthusiasts, 81% are Ukrainian men, of which 79% are young people.

In terms of popularity, the Ukrainians surveyed put Bitcoin in first place. 98% know this digital currency, and 88% of all cryptocurrency owners in the country have invested in Bitcoin. 

The second most popular is Litecoin. 29% know this currency and 18% own it. 

In third place is Bitcoin Cash, 27% have heard of it, and a quarter are BCH holders. 

Digital assets such as Dash and Ether are not particularly popular, and only seven percent of hodlers have them.

On the issue of government regulation of cryptocurrency, the votes were almost equally divided with a third of respondents for and against government regulation of digital assets and the same number found it difficult to answer this question. Among the radically minded, 19% of Ukrainians are in favor of banning cryptocurrency in the country, and the majority (41 percent) consider it necessary to freely circulate digital currency in Ukraine. 

Of course, this survey does not reveal the full picture of the Ukrainian crypto market, but, given the lack of official statistics, it at least gives an idea of ​​national trends in the crypto environment. 

According to experts in Ukraine, the turnover of hryvnia trading pairs on popular crypto platforms, BTC Trade UA, Kuna and Exmo, is approximately $700,000,000 per year. In addition, traders attract considerable funds not controlled by the state to the cryptocurrency market. 

Recall that Ukraine has been preparing for more than a year to legalize digital assets and accept regulatory and legal framework of the cryptocurrency market.