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Crypto in Africa

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Written by   44
1 month ago

The continent of Africa is showing enormous growth today in the crypto world, with crypto ownership, trade volumes, and regulations all moving towards greater adoption.

Arcane Research and Luno report that Uganda, Nigeria, South Africa, Ghana and Kenya are often among the top 10 countries by Google searching for the word "Bitcoin."

From this it can be described that Africa has become one of the most promising regions for the adoption of cryptocurrency.

Where at present Nigeria has long dominated the continent's trading volume, from existing reports that South Africa has the highest percentage of cryptocurrency or usage among internet users in Africa with 13%, followed by Nigeria with 11%.

For the world language, South Africa ranks fifth for the adoption of crypto among connected citizens.

From all that we can see that indeed the African continent is now the main goal of companies and large projects in crypto to make Africa as the aim of adopting crypto today.

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Comments

Yes this is indeed good, hopefully there is no monopoly behind it for the African continent. And indeed for the welfare of the entire African population.

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1 month ago

Yes. I was focusing on this long ago and I also see now, how more and more people got the hint.

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1 month ago

Africans are now increasing their awareness in terms of cryptocurrency trading, inspite of governments indifference to cryptocurrency adoption.

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1 month ago

Yes. I was focusing on this long ago and I also see now, how more and more people got the hint.

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1 month ago