Germany: cryptocurrency ownership by gender 2020

A payments behavior survey suggests that German men were significantly more likely to buy or use cryptocurrency than women in 2020. Overall ownership was believed to be around three percent of all respondents, with a penetration rate of five percent among men. These results were measured right before the price of Bitcoin started its steady climb towards a value of 60,000 U.S. dollars in late 2020 and early 2021. Whether figures have changed since then, or whether women have become more interested in Bitcoin or Ethereum in 2021, is not yet known.

Men and women who own a cryptocurrency in Germany in 2020

Characteristic	Share of respondents
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Release date

January 2021

More information

Region

Germany

Survey time period

August 18, 2020 to October 19, 2020

Number of respondents

5,022 respondents

Age group

18 years and older

Special properties

Consumers residing in households in the Federal Republic of Germany

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

This question was phrased by the source as follows: "Sogenannte Krypto-Token, z.B. Bitcoin, haben in den letzen Jahren immer wider Aufmerksamkeit auf sich gesogen. Welce der folgenden Aussagen trifft auf Sie personlich zu?" (in English: "Crypto tokens, such as Bitcoin, have regularly been attracting attention over the past few years. Which of the following statements applies to you personally?"

Multiple answers were possible. The numbers shown here concern respondents who responded to the question with "Ich habe sie schon einmal gekauft/zum Bezahlen genutzt" (in English: "I have purchased them/used them for payment in the past").

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