THELOGICALINDIAN - According to the latest Finder Cryptocurrency Adoption Index in October 2024 Nigeria had the accomplished amount of cryptocurrency buying globally at 242
Bitcoin Is the Most Popular Coin in Nigeria
In accession to award the West African nation as the country with the accomplished admeasurement of citizens that authority cryptocurrencies globally, the analysis additionally discovered that “of the 1 in 4 online adults in Nigeria who own some anatomy of cryptocurrency, bitcoin is the best accepted bread in Nigeria at 66.5% of crypto owners.” Alternatively, this agency added than bisected of the 24.2% of Nigerian respondents that own cryptocurrencies are in actuality bitcoin holders.
On the added hand, the analysis allegation advance ethereum (ETH) is the additional best accepted bread with Nigerian cryptocurrency holders, at 23.8%. Despite this acutely aerial amount of absorption in ETH, the arrangement of Nigerians captivation this cryptocurrency about to added countries is still lower, the analysis abstracts suggests.
In fact, according to the survey, the 23.8% ETH buying arrangement is alone abundant to see Nigeria actuality ranked the 15th country out of a absolute of 22 countries.
Dogecoin in Third Place
Meanwhile, the analysis allegation appearance the meme coin, dogecoin, in third abode at 21.8%. This arrangement in about-face is abundant to see Nigeria affection in the top ten. The analysis address explains:
In agreement of the architecture of cryptocurrency owners in Nigeria, the analysis begin 62.9% of Nigerian crypto owners to be men while women annual for the remainder.
In added words, this alterity amid the cardinal of males and females that own crypto agency men are 1.7 times added acceptable to own crypto. With the boilerplate amount globally at 1.5, this agency Nigeria has the 11th accomplished macho ascendancy of the 22 countries.
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