Bitcoin is by far the most popular cryptocurrency in Saudi Arabia, with of respondents indicating it is the most traded coin. This aligns with Bitcoin's global dominance as the first and most recognized cryptocurrency. Its widespread acceptance and liquidity likely make it the preferred choice for many users in Saudi Arabia, where familiarity and trust play key roles in adoption.
Ethereum and Pepe are also notable, though less popular. While Ethereum is the second-largest cryptocurrency by market capitalization and widely used for decentralized applications and smart contracts, its relatively low trade share in Saudi Arabia may suggest limited interest in these use cases in the region. Pepe, a lesser-known coin, has a modest presence, which could indicate niche interests or speculative trading behavior among certain users in the country.
Get more insights by checking out cryptocurrency awareness in Saudi Arabia, Saudis’ cryptocurrency engagement levels, cryptocurrency adoption rate in Saudi Arabia.
