Cryptocurrency Gaining Traction in Oman: 65,000 Crypto Owners Now in the Country

• The Souq Analyst survey concluded that 65,000 people in Oman possess bitcoin and other forms of cryptocurrency, making up almost 2% of the country’s adult population.
• The survey revealed that 98% of the adult population had heard of cryptocurrencies, showing a growing awareness.
• Bitcoin was revealed to be the most popular cryptocurrency among Oman’s crypto owners, with over 55% of respondents indicating ownership.

In a recent survey conducted by Souq Analyst, it was revealed that bitcoin and other forms of cryptocurrency are gaining traction in Oman, with about 65,000 people in the country now owning some form of crypto. This figure represents almost 2% of the country’s adult population, indicating a growing level of crypto-awareness in the Arab state.

The survey showed that an impressive 98% of the adult population had heard of cryptocurrencies, showing a growing level of awareness in the country. Bitcoin was found to be the most popular cryptocurrency among Oman’s crypto owners, with over 55% of respondents indicating ownership. Ethereum was revealed to be the second most popular cryptocurrency, followed by XRP, Tether, and other alternative cryptocurrencies.

The study also indicated that a sizeable percentage of Oman’s bitcoin owners consider their holdings as a secure alternative to traditional money. Over 12% of respondents said they own crypto assets worth more than 10,000 USD, while almost half of the respondents owned crypto assets worth more than 1,000 USD.

The survey also revealed that the majority of cryptocurrency owners in the country are between the ages of 18 and 44, and that almost one-fourth of the respondents had completed high school.

Overall, the results of the Souq Analyst survey show that cryptocurrency is steadily gaining traction in Oman, with more people turning to digital assets as an alternative form of financial security. With a growing level of crypto-awareness in the country and a sizeable percentage of bitcoin owners using their holdings as a secure alternative to traditional money, it seems that Oman is well on its way to becoming a crypto-friendly nation.