- 1.9 million Australians hold crypto exchange accounts.
- Bitcoin remains the top crypto choice.
- Overall crypto ownership is now 7.5% of the population.
The growth in cryptocurrency adoption in Australia highlights the increasing acceptance and investment in digital assets, as confirmed by Adrian Przelozny, CEO of Independent Reserve.
Australia’s crypto market has seen a notable rise, with over 1.9 million Australians now engaging with local crypto exchanges. This information derives from the IRCI, underlining a 7.5% market penetration among the total population. Adrian Przelozny, co-founder and CEO of Independent Reserve, emphasized the market’s maturation, pointing out evolving investment strategies and enhanced investor profitability. Bitcoin holds the spot as the most-owned digital asset, a pattern consistent with global trends as detailed by IRCI data.
The surge in adoption points to increased trading volumes and wallet activity, fostering wider economic engagement. With Bitcoin and Ethereum leading asset acquisition, Australian investors continue to demonstrate confidence in crypto’s potential. The current trend does not coincide with new regulatory shifts but reflects ongoing mainstream integration. Gender disparities remain visible, with a higher incidence of male ownership. The 25–34 age group exhibits the highest involvement in cryptocurrency, illustrating a youthful enthusiasm. Community feedback suggests a strong belief in cryptocurrencies’ investment potential. Historical reports show similar growth patterns, linked often to market bull phases and enhanced regulatory clarity.
Adrian Przelozny, CEO, Independent Reserve, said, “The findings in our sixth annual IRCI clearly show that Australia’s crypto market is coming into its own. Adoption is growing, investment strategies are evolving, and seasoned investors are seeing better profits.”
