ConsenSys: 99% residents of Nigeria are aware of cryptocurrencies – Bits Media

According to the survey, recently conducted by the analytical platform Consensys, Nigeria is the world leader in the awareness of cryptocurrencies - they know about them 99% residents of the country.

Consensys study was aimed at assessing the global perception of cryptocurrencies, NFT, Web3, blockchain and metavselnaya. Based on the results of the survey, it turned out, what 92% Respondents around the world heard about cryptocurrencies, At the same time, Nigeria, South Africa and Brazil became the countries most versed in cryptocurrencies.

So, 99% Nigeria respondents said, What they know about cryptocurrencies, At the same time 90% expressed their readiness to invest in them. Remarkably, what 70% Nigerians also demonstrated a good understanding of the blockchain.

Diversification of the portfolio was the main reason, on which the Nigerians bought cryptocurrency. The instability of the local currency - Nigerian Nyra - was another reason. People, who bought cryptocurrency in the past or have it now, told, that BTC prefers, ETH, BNB, DOGE, USDT i Shib.

Besides, 6 of 10 A man in Nigeria heard about bankruptcy of crypto companies in 2022 year. According to the Nigerians, Improving safety, Transparent and accountability was the best way to restore confidence in the cryptosector.

The study also revealed regional differences in relation to cryptocurrencies. European countries, Japan and South Korea showed more skepticism, stated, that for them cryptocurrency is associated with such negative concepts, like fraud and money laundering.

Recently Nigeria Information Technology Development Agency (Nitda) mining farms ceased operations after inspections by government agencies, that the blockchain is going to use to check the authenticity of certificates of the National Corps of Youth Service (NYSC). Previously, the Securities and Exchange Commission of Nigeria (SEC) warned the country's citizens about that, that the Binance cryptocurrency exchange is not registered and is not regulated in Nigeria.