Latest research has revealed that Nigeria topped the countries with the highest rate of cryptocurrency use and ownership in 2022.
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Nigeria, Africa’s largest economy, clinched the top spot, with almost half the population having used or owned cryptocurrency.
The study, conducted by an online casino guide Trading Browser, analysed data on crypto ownership and usage. The ranking was done via the percentage of the population that reported that they used or owned cryptocurrency each year from 2019 to 2022.
Nigeria tops the list, with 45 per cent of the population using or owning cryptocurrency in 2022. The nation boasts over 90 million people using cryptocurrency – that’s almost 150 per cent higher than the population of the United Kingdom.
From 2019 to 2022, Nigeria saw a 17 per cent total increase in ownership and use from 28 per cent to 45 per cent, equating to over 34 million people adopting cryptocurrency over the three years.
Coming in second place is Thailand. The Southeast Asian country has a massive 44 per cent of its population reporting using or owning cryptocurrency – equal to just over 30 million people.
The study was conducted by Trading Browser, a one-stop solution for cryptocurrency traders and investors. They have a dedicated team of experienced crypto professionals on hand to guide and help people through cryptocurrency trading. They also provide information on the market, best practices for trading, and useful tools and resources for making informed decisions.
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Tony Chimdiuto 
Nsikanabasi Edet