Africa lately Is looking for more ways of Investments and payments and found in Crypto the opportunity to fullfill those queries. The Traditional Methods Of International Payments online are banning in mass certain Countries and let life of Young unemployed Persons that are Working Online to get paid For their jobs.
That is one of the important reasons that let Africans to start looking for better options or solutions to continue their online career and get paid for their efforts. Africa is becoming the most Trending Continent looking for Bitcoin,as seen On Google .
The Top Country In Africa Searching for Bitcoin On Google Is Nigeria.
Nigeria start looking for better solutions to get income from Internet as the Traditional Online Payment processor like PayPal banned the Country due to Some users that was acting Fraudulent according to This Payment Processor Company...and That Galvanized The Hunting for Crypto From Nigerians.
To refer, that In the Continent there are 3 Countries where the Crypto "fever" is ongoing and that will catapult the other ones to follow them:
- South Africa ,where almost 10.7% of the Adult population own some kind of crypto; Nigeria , 7.8% of the adults own some crypto and Ghana with 7,3% Of the People having some Crypto.
South Africa have Developed the best conditions to the crypto adoption as the Reserve Bank is seeing This Field as a new environment that could be explored more special the Blockchain not opposing In any instances the adoption of Cryptocurrency for now, Major volume in Bitcoin Trading and have the more number of Bitcoin ATM's in the Continent.
Nigeria has the best startups that have authorization for the Central Bank of Nigeria to operate Cryptocurrency, like the Flutterwave that partnered with Binance and Ripple.
South Africa and Nigeria are the Giants In the Field but there are lot more Countries involved besides Ghana that occupy the 3rd position like,Uganda, Zimbabwe, Djibouti ,Kenya...that have a preponderance In the Crypto Field.
Africa is slowly emerging to Crypto and with the whole environment Behind it surely will become the Future of Cryptocurrency as the most Governments are not seeing any problem with Crypto...where the majority of the Adult population doesn't have a Bank account only store money in mobile wallets, there is are good environment to the Development of Cryptocurrency in Continent.