Cryptocurrencies Gaining Popularity in Emerging Markets like Nigeria

Uk Jin

Summary

It was reported that in Nigeria, the willingness to invest in cryptocurrencies is 93%, drawing attention from emerging markets.
High levels of interest in cryptocurrency investments were also found in South Africa, the Philippines, India, and Indonesia.
In developed countries like the United Kingdom and the United States, the willingness to invest in cryptocurrencies is low, at 15% and 41%, respectively.

It has been found that cryptocurrency investments are gaining popularity, especially in emerging economies.

On the 12th, WuBlockchain reported, citing a survey by ConsenSys and YouGov, that 93% of Nigerians are willing to invest in cryptocurrencies next year.

Additionally, countries like South Africa (77%), the Philippines (59%), India (58%), and Indonesia (54%) also showed high levels of interest in cryptocurrency investments among their citizens.

In contrast, the willingness to invest in cryptocurrencies among citizens of major developed countries like the United Kingdom and the United States was only 15% and 41%, respectively.