Cryptocurrency Ownership and Usage Rates in Nigeria 2024

Cryptocurrency Ownership and Usage Rates in Nigeria 2024

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TGM StatBox. (2025). Cryptocurrency Ownership and Usage Rates in Nigeria 2024. TGM StatBox.
Chart Details
Country: Nigeria
Type of survey: CAWI
Number of respondents: 608
Age group: 18-55+
Published date: 2025
Survey Question:

"Have you ever owned or used any cryptocurrency?"

Key Takeaways

With 59.95% of Nigerian respondents having owned or used cryptocurrency, Nigeria is among the leading countries in cryptocurrency adoption. This high adoption rate is likely driven by factors such as the search for alternative investments, concerns over inflation, and the growing accessibility of digital currencies. However, 37.32% of respondents have never owned or used cryptocurrency, representing a significant portion of the population. Despite the strong adoption rate, this group may be deterred by concerns about trust, volatility, or regulatory uncertainty, which are common barriers to entry for many.

Uncover more insights with related statistics on preferred payment options in Nigeria, Nigerian cryptocurrency interest, key obstacles to cryptocurrency adoption in Nigeria.

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Cryptocurrency Insights Report in Nigeria

Cryptocurrency Insights Report in Nigeria

Cryptocurrency Insights Report in Nigeria

Discover all you need to know about Cryptocurrency owners in Nigeria with TGM StatBox. Get the comprehensive insights report, featuring graphs and tables.

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