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Crypto
User Profiles
2022
Inside Scoop From Sumsub’s Identity
Verification Report
This year Sumsub released the first-ever identity
verification report for the crypto industry.
The findings should give crypto businesses
a clear understanding of industry verification
standards and, with that, opportunities to level
up user experience.
Get the report
Insights from 200 industry experts
with analysis of 100M+ identity verification checks
About Sumsub’s Identity Verification Report
We also took a look
at the characteristics of users
who pass verification checks
and built up a user profile
based on anonymized data
Crypto users' gender
Gender ratio by country, %
80%
80%
of crypto platform users are
male, although the gender
ratio varies by country
Crypto users' gender
Crypto users’ age
Most popular age by country
30
is currently
the average user
age
33
Last year, the average
was 33, so we can see
that this audience is
getting younger
Crypto users’ age
These statistics could be taken into consideration
when building the onboarding process, as younger
users expect faster verification and user-friendly
interfaces
Crypto users’ language
Here are the 10 most popular languages among users of crypto platforms:
English
Portuguese
Spanish
Vietnamese
Russian
Polish
Japan
Greek
Turkish
Moldovan
1
2
3
4
5
6
7
8
9
10
Crypto users’ language
Languages
English
Portuguese
Spanish
Vietnamese
Russian
English, Portuguese, Spanish,
Vietnamese, Russian are the five most
popular languages among users, so
businesses might consider localizing
their interfaces into these languages.
Where to find out more
Crypto businesses can take
these statistics on gender, age,
languages, into account to level
up the onboarding experience
for their users.
Where to find out more
Find more information about
verification time and dive deep into
identity verification standards in the
crypto industry to get a data-driven
advantage over your competitors
here.
Where to find out more
Get the report

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Crypto User Profiles 2022

  • 2. Inside Scoop From Sumsub’s Identity Verification Report This year Sumsub released the first-ever identity verification report for the crypto industry. The findings should give crypto businesses a clear understanding of industry verification standards and, with that, opportunities to level up user experience. Get the report Insights from 200 industry experts with analysis of 100M+ identity verification checks About Sumsub’s Identity Verification Report
  • 3. We also took a look at the characteristics of users who pass verification checks and built up a user profile based on anonymized data
  • 4. Crypto users' gender Gender ratio by country, %
  • 5. 80% 80% of crypto platform users are male, although the gender ratio varies by country Crypto users' gender
  • 6. Crypto users’ age Most popular age by country
  • 7. 30 is currently the average user age 33 Last year, the average was 33, so we can see that this audience is getting younger Crypto users’ age These statistics could be taken into consideration when building the onboarding process, as younger users expect faster verification and user-friendly interfaces
  • 8. Crypto users’ language Here are the 10 most popular languages among users of crypto platforms: English Portuguese Spanish Vietnamese Russian Polish Japan Greek Turkish Moldovan 1 2 3 4 5 6 7 8 9 10
  • 9. Crypto users’ language Languages English Portuguese Spanish Vietnamese Russian English, Portuguese, Spanish, Vietnamese, Russian are the five most popular languages among users, so businesses might consider localizing their interfaces into these languages.
  • 10. Where to find out more Crypto businesses can take these statistics on gender, age, languages, into account to level up the onboarding experience for their users.
  • 11. Where to find out more Find more information about verification time and dive deep into identity verification standards in the crypto industry to get a data-driven advantage over your competitors here.
  • 12. Where to find out more Get the report