Key Barriers to Cryptocurrency Adoption in Colombia 2024

Key Barriers to Cryptocurrency Adoption in Colombia 2024

Share the statistic on social media channels or embed the statistic in your website using "Embed Code", where available.

Share chart

Embed chart
Select Citation

Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook


  • APA
  • Chicago
  • Harvard
  • MLA
  • Bluebook
  • IEEE
TGM StatBox. (2025). Key Barriers to Cryptocurrency Adoption in Colombia 2024. TGM StatBox.
Chart Details
Country: Colombia
Type of survey: CAWI
Number of respondents: 513
Age group: 18-55+
Published date: 2025
Survey Question:

"What do you perceive as the biggest barrier to adopting cryptocurrency?"

Key Takeaways

Education and trust-building are paramount for increasing cryptocurrency adoption in Colombia. With 46.35% of respondents citing a lack of understanding as the biggest barrier, it’s clear that there is a significant gap in knowledge that needs to be addressed. Additionally, security concerns and lack of trust in platforms (combined, these account for over 70%) suggest that while there’s interest in cryptocurrency, people are hesitant due to fears about fraud, hacks, and transparency. To tackle these, platforms need to prioritize stronger security measures and clearer user protections. Overall, a well-rounded strategy that focuses on education, security, and clear regulation could foster a more trusting and informed population, ultimately leading to greater cryptocurrency adoption in Colombia.

For a broader context, visit other statistics on Colombia’s cryptocurrency adoption, Colombians’ interest in cryptocurrency, top payment methods in Colombia.

Would you like to know more?
Check our report on this topic

Cryptocurrency Insights Report in Colombia

Cryptocurrency Insights Report in Colombia

Cryptocurrency Insights Report in Colombia

Find out about Cryptocurrency users in Colombia with TGM StatBox. Access our detailed report, including graphs and tables, to uncover the market's trends.

Go to report

Further Recommended Statistics

Statbox vector
Statbox |form contact icon

Have Other Queries?

Statbox vector

Connect with our expert team for immediate assistance or comprehensive market analysis. We are always ready to support your business needs.