Use of cryptocurrency wallets in the UK 2019

Published by Statista Research Department, Jun 13, 2023
Cryptocurrency owners in the United Kingdom in late 2019 preferred to store their digital coins close to where they bought them from. Nearly one third of the respondents to a question on virtual currency storage indicated they used a wallet for storage, rather than keeping the cryptocurrency on the trading platform. The United Kingdom ranks as one of the countries with the most Bitcoin trading in the world in 2020. Bitcoin transactions from the UK grew steadily during 2020, as the cryptocurrency's price gathered pace, but did were not nearly as high as in late 2017.

Most popular methods to store cryptocurrencies in the United Kingdom in 2019

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Sources

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Release date

June 2020

Region

United Kingdom

Survey time period

13 December, 2019 to 21 December, 2019

Number of respondents

492 respondents

Age group

18 years and older

Special properties

Current cryptocurrency owners

Method of interview

Panel survey

Supplementary notes

The results have been weighted to represent the entire population.

This question was phrased by the source as follows: "Where do you store your cryptocurrency? Please select all that apply".

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Global overview

5

United States

4

Canada

5

United Kingdom

5

Germany

3

Australia

3

Colombia

3

India

3

Nigeria

3

Russia

3

Turkey

3

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