Cryptocurrency Awareness in Nigeria 2024

A significant portion of the Nigerian population, 61.28%, is familiar with cryptocurrency, indicating a strong base of awareness and potential for growth in the digital currency space. This familiarity likely stems from increasing discussions about cryptocurrencies, particularly Bitcoin and Ethereum, and the growing adoption of digital currencies across various sectors.

However, 19.74% of respondents are entirely unfamiliar with cryptocurrency, presenting an opportunity to educate and engage a sizable segment of the population that remains disconnected from this emerging technology. Additionally, a slightly smaller group reports being somewhat familiar, suggesting that while they may have heard of cryptocurrencies, they may not fully understand them. This gap provides an opportunity for targeted outreach and educational campaigns to convert somewhat familiar individuals into fully engaged users.

Find out more through related statistics on most popular cryptocurrency exchanges in nigeria, key obstacles to cryptocurrency adoption in Nigeria, preferred payment options in Nigeria.