Triple A’s most recent crypto ownership data shows that Africa now has 53 million cryptocurrency-owners. This represents 16.5% of the global total of 320 millions. Nigeria holds more than a third of all crypto holders in Africa. This is just over 22million.
Globally, Nigeria is fourth in the number of crypto-owners, while the United States ranks first with 46 million holders. The data shows that India and Pakistan have 27.4 million and 26.4 millions respectively, respectively.
Nigerian Bitcoin and Crypto Internet searches the highest globally
Although Nigeria ranks fourth for crypto ownership, it is still a leader in the search volume of people searching for the keywords ‘crypto’ and a href=”https://news.bitcoin.com/study-nigeria-most-crypto-obsessed–english–speaking country–globally/”>. These findings seem to be supported by another study, which found that Nigeria was the country most obsessed about cryptocurrencies.
Triple A’s data also shows that South Africa has the highest number of cryptocurrency owners at 7.7 million. This number is close to 12.5% of South Africa’s total population. With 6.1 million crypto owners, Kenya is the third most populous country in Africa. This represents 11.6% of the country’s total population.
Eygpt (with 2.37 million holders) and Tanzania (with 2.32 million holders) round out Africa’s top five crypto-owner countries. The lowest-ranked African country is Seychelles with an estimated 1,257 crypto holders.