Nigerians Pile Into Bitcoin, Crypto: KuCoin Report

KuCoin conducted a report with multiple surveys that shows 35% of the adult population aged 18-60 in Nigeria are vested in bitcoin or other cryptocurrencies. The investor class is largely made up of a youthful population driven by Nigeria’s median age of 18.4 years old, which leads to 52% of the investors being below the age of 30. Nigeria hosts many long-term investors in the space as its currency, the Naira, has seen a 209% depreciation over a six-year period. 37% of investors in the…
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