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In which countries is bitcoin gaining the most popularity?

avatarTraxx M14Dec 16, 2021 · 3 years ago2 answers

What are the countries where bitcoin is experiencing the highest level of adoption and popularity?

In which countries is bitcoin gaining the most popularity?

2 answers

  • avatarDec 16, 2021 · 3 years ago
    According to a recent report, bitcoin adoption is growing rapidly in Africa. Countries like Kenya, Nigeria, and South Africa are witnessing a surge in bitcoin usage, with more people using it for remittances, online transactions, and as an investment. The ease of transferring money across borders and the potential for financial inclusion are driving the adoption of bitcoin in these countries. Additionally, countries in Southeast Asia, such as Singapore and Malaysia, are also experiencing a growing interest in bitcoin, with more people investing in and using it for various purposes. Overall, bitcoin's popularity is not limited to specific regions but is gaining traction globally.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, has observed a significant increase in bitcoin trading volume in countries like the United States, Japan, and South Korea. This indicates that bitcoin is gaining popularity in these countries as more people are actively trading and investing in it. However, it's important to note that bitcoin's popularity is not limited to these countries alone. It is a global phenomenon that is being embraced by individuals and businesses in various parts of the world.