Friday, March 24, 2023
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
TechBooky Africa
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
  • Fintech/Finance
  • Login
No Result
View All Result
TechBooky Africa
Home Cryptocurrency

Binance Ranks Nigeria As The Leading Country Per Capita For Bitcoin And Cryptocurrency Adoption In The World

Idara Umoren by Idara Umoren
August 16, 2021
in Cryptocurrency, West Africa
0

A recent survey that considered evaluating countries according to crypto usage, showed that Nigeria ranks the 1st in cryptocurrency adoption, in the world.

Related posts

Leroy Merlin’s Partnership Deal With Jumia Will Leverage eCommerce Penetration In West Africa.

Leroy Merlin’s Partnership Deal With Jumia Will Leverage eCommerce Penetration In West Africa.

March 23, 2023
MetaMask/MoonPay

MetaMask & MoonPay Partnership Deal Will Leverage Seamless Crypto Purchases Via Direct Bank Transfer.

March 23, 2023

According to the survey, in 2021, about 300 million people globally have owned crypto, or even used it at some point in their lives. In Nigeria, at least 1-in-3 people have owned or used Crypto.

Binance, the largest cryptocurrency platform by trading volume, recently published data about Nigeria ranking 1st globally as per capita for Bitcoin and cryptocurrency adoption, with 1-in-3 Nigerians owning crypto assets in 2020.

According to the survey, certain factors may have made this trend possible. First, of the 200 million people in Nigeria, the larger population, are young people. Also, with this population being tech-savvy, and the prevalence of mobile phone-based P2P payments, the cryptocurrency adoption is something to be expected, as it is already playing out.

Vietnam ranks second by crypto adoption. The Asian nation has seen the increase in demand for crypto by a 100 million, with varying activities including trading, P2P payments and several other utilities.

Read more: The Central Bank Of Nigeria Bans Cryptocurrency, Asks Banks To Shut Down Accounts

Philippines and Turkey ranked third and fourth respectively by crypto adoption and Peru came 5th, in spite of being the most developed nation in Latin America.

As Binance reported on its blog, the ranking was done according to Statista’s survey of selected countries that used or owned crypto in 2020.

Binance says even though presently, over 300 million people have used or owned crypto globally, it is still a long journey on the road to an immersion of the world’s population in crypto adoption. As Binance puts it, 300 million people is just 3.8% of the world’s population, and 5.8% of the people on Earth who are between ages 15-65.

“For context, Google has nearly 4 billion users, Facebook has almost 3 billion users”, Binance noted, adding that by 50% users globally(2.55 billion people aged 15-65), it will become one of the widest-used technologies in the world.

Total
2
Shares
Share 2
Tweet 0
Pin it 0
Share 0
Tags: binancecryptocurrencynigeria
Previous Post

Kenya’s Mobile Money Transactions Surge By 52% In H1 2021 – CBK

Next Post

Angel Investing For Women, African Startup Funding So Far, Zoom’s Focus Mode

Next Post
Angel Investing For Women, African Startup Funding So Far, Zoom’s Focus Mode

Angel Investing For Women, African Startup Funding So Far, Zoom’s Focus Mode

RECOMMENDED NEWS

Airtel Africa Coffers $450M of its Parent Company’s Debt Ahead of Its Confidential Timing.

Airtel Africa Coffers $450M of its Parent Company’s Debt Ahead of In-House Confidential Countdown.

9 months ago
DIY: How To Group Images On Google Docs.

DIY: How To Group Images On Google Docs.

12 months ago
ThankUCash Rounded up 2021 Seed With $5.3m To Push Its Expansion Agenda To Both Kenya and Ghana marketplace..

ThankUCash Rounded up 2021 Seed With $5.3m To Push Its Expansion Agenda To Both Kenya and Ghana marketplace..

1 year ago
The Rwanda Coding Academy Has Received $1.7m Investment From The Korea International Cooperation Agency

The Rwanda Coding Academy Has Received $1.7m Investment From The Korea International Cooperation Agency

2 years ago

FOLLOW US

  • 70.9k Followers

BROWSE BY CATEGORIES

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa

BROWSE BY TOPICS

5g acquisition africa app banking CBDC cbn central bank of nigeria cloud cryptocurrency Crypto market cybersecurity e-commerce east africa ecommerce economy eNaira enterprise fintech Fraud funding Fundraising google government inec internet investment kenya License mtn ncc nigeria Partnership Regulator remittance ride hailing seed social media software south africa startup technology telecom twitter west africa

Featured Categories

App
20 Posts
View Posts
Banking
17 Posts
View Posts
Business
7 Posts
View Posts
Cryptocurrency
29 Posts
View Posts
Cybersecurity
13 Posts
View Posts
East Africa
24 Posts
View Posts
Economy
18 Posts
View Posts
Enterprise
32 Posts
View Posts
Event
9 Posts
View Posts
Fintech/Finance
87 Posts
View Posts
Funding
29 Posts
View Posts
Gadget
11 Posts
View Posts
Government
55 Posts
View Posts
Insight
4 Posts
View Posts
Internet
20 Posts
View Posts
Investment
18 Posts
View Posts
Nigerian/African Tech
31 Posts
View Posts
North Africa
2 Posts
View Posts
Personnel
2 Posts
View Posts
Research/How to do it
2 Posts
View Posts
Service
13 Posts
View Posts
Social Media
19 Posts
View Posts
Southern Africa
17 Posts
View Posts
Startup
83 Posts
View Posts
Telecom
37 Posts
View Posts
Transport
11 Posts
View Posts
Uncategorized
2 Posts
View Posts
West Africa
42 Posts
View Posts
No Result
View All Result
Loading
  • GitHub Incorporates GPT-4 Chatbot To Complete The Copilot X Code Snippet Generator.
    • March 24, 2023
  • OPay
    OPay Recorded 30 Million Users’ Active On The Mobile Banking App.
    • March 24, 2023
  • Leroy Merlin’s Partnership Deal With Jumia Will Leverage eCommerce Penetration In West Africa.
    • March 23, 2023
  • MetaMask/MoonPay
    MetaMask & MoonPay Partnership Deal Will Leverage Seamless Crypto Purchases Via Direct Bank Transfer.
    • March 23, 2023
  • The FG/CBN Signed A Partnership Deal With R3 Technology To Rehabilitate eNaira.
    • February 22, 2023
TechBooky Africa

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc.

Follow us on social media:

Recent News

  • GitHub Incorporates GPT-4 Chatbot To Complete The Copilot X Code Snippet Generator.
  • OPay Recorded 30 Million Users’ Active On The Mobile Banking App.
  • Leroy Merlin’s Partnership Deal With Jumia Will Leverage eCommerce Penetration In West Africa.

Category

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa
  • Home
  • TechBooky
  • Business
  • Video
  • Contact Us

© 2022 Techbooky Africa .

No Result
View All Result
  • Home
  • TechBooky
  • Business
  • TV
  • Startup

© 2022 Techbooky Africa .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In