Familiarity with cryptocurrencies (Bitcoin) in the United Kingdom 2016

This statistic presents the level of familiarity with Bitcoin and other virtual currencies in the United Kingdom as of 2016. In that year, 40 percent of respondents surveyed declared that they understand what virtual currencies were, but they never used them before. A further 35 percent had heard of Bitcoin prior to the research, but were not sure how to define it. Only three percent had used it.

How familiar are you with virtual currencies such as Bitcoin?

Share of respondents
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Source

Release date

October 2016

Region

United Kingdom

Survey time period

2016

Number of respondents

500 respondents

Age group

18 years and older

Special properties

holders of debit cards, credit cards and mobile phones.

Supplementary notes

* as part of the survey.

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Statistics on "FinTech digital payments in the United Kingdom"

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