4 this country is called Crypto & Bitcoin money Paradise, RI enter?

The reason for this is that the cost of cross-border remittances is very high there. Many Nigerians own cryptocurrencies on exchanges that cater to overseas workers and their families.

In addition, there are also many who use their cell phones to send money or make payments. Recently, a number of businesses in Nigeria added crypto to their mobile payment options.

In addition to Nigeria, there are Vietnam and Philippines. The reason for the high use is also the cost of such remittances.

Report Bitcoin.com, the Philippine central bank has approved several crypto exchanges to operate as transfer and remittance companies. The government has also established Blockchain applications namely bonds.ph more about crypto.

Application is the result of cooperation with Unionbank to distribute government bonds. Unionbanks has also installed Bitcoin ATMs in Metro Manila, Makati.

While in mainland Latin America, there is Peru which is a paradise for Bitcoin Cs users. 16% of respondents voted for the country, while neighboring Brazil, Colombia, Argentina, Mexico and Chile reached double digits.

In Europe, there is Switzerland with the highest crypto adoption country. In addition there is Greece which also gets 11% of respondents.

Then among the countries of the world there are also regions with the lowest adoption of cryptocurrencies. Some of them, a number of countries in Europe and also Japan.

Only 4% of respondents mentioned having experience with crypto products. Japan shares the same place with Denmark in the survey.

Here are the results of a Statista survey of cryptocurrency users or owners conducted in 2020. This survey was conducted by looking at 1,000 to 4,000 respondents per country:

=Nigeria 32%

=Vietnam 21%

=Philippines 20%

=Turkish 16%

=Peru 16%

=Switzerland 11%

=China 7%

=United States (US) 6%

=Germany 5%

=Japan is 4%.

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