Nigerians know more about cryptocurrencies than Americans

How to start accepting payments in cryptocurrency and why it is profitable_
How to start accepting payments in cryptocurrency and why it is profitable_

99% of Nigerians are aware of the existence of digital assets – the African state has overtaken the United States with a figure of 95%. This is evidenced by the ConsenSys study.

Data: ConsenSys.

The survey was conducted among 15,158 people from 15 countries aged 18 to 65 years. According to global data, 92% of people around the world understand cryptocurrencies.

Of the Nigerian respondents, 70% said they understood the fundamental concepts of blockchain. They are followed by citizens of South Korea (63%), South Africa (61%), Brazil (59%) and India (56%).

Among the 1,001 Nigerians surveyed, 76% own or have previously held cryptocurrencies. The most popular coins among locals are bitcoin, Ethereum, Binance Coin and Dogecoin.

65% of Nigerians and 56% of Argentines said that the instability of the national currency prompted them to buy digital.

50% of the total respondents indicated that regulators should create laws that encourage participation in the crypto market and protect investors.

Data: ConsenSys.

Experts noted that in Europe and the United States, the percentage of technology awareness is much lower than in African countries. However, only half of the Americans surveyed use digital assets.

Recall that an April study by Pew Research Center showed that two-thirds of the inhabitants of the United States are distrustful of cryptocurrencies due to the banking crisis and regulatory problems.

According to a survey by Goldman Sachs, in 2023, the number of “potentially interested” in digital assets of family offices decreased from 45% to 12%.

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