The new research conducted by Trading Browser has shown that 90 million people use or own cryptocurrency in Nigeria.
Highlights
- The new research conducted by Trading Browser has shown that 90 million people use or own cryptocurrency in Nigeria.
- The study also ranked Nigeria as the country with the highest number of crypto owners in the world in 2022.
- Although the Nigerian government had earlier ban commercial banks from facilitating cryptocurrency transactions, the youth however find succour in the Peer to Peer (P2P) transaction model instituted by Binance and Paxful.
- The United Arab Emirates is ranked fifth with 34 percent of its population owning or using cryptocurrency in 2022, representing almost 10 million people.
- The Philippines, ranked sixth with a 29 percent adoption rate, and Vietnam which sits in the seventh position with 27 percent adoption.
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