Learn about the countries that use the most digital currencies in the world

The reliance on remittances and the spread of phone payments has led to a sharp rise in the use of cryptocurrencies in Africa's largest economy, and according to a global consumer survey conducted by the German company statista in 74 countries, Nigerians were the most using or owning the cryptocurrency.

In a report published by the German site "Statista", writer Katrina Buchholz said that the high cost of sending money across borders in the traditional way has forced many to resort to local cryptocurrency exchanges that meet the needs of workers abroad and their families, according to Bitcoin.com. (Bitcoin.com).

Nigerians often use their phones to send money to each other or to pay in stores, and recently commercial companies in the country have added cryptocurrency extensions to phone payment options, adding another feature that allows Nigerians to use the cryptocurrency in their daily lives.

The survey revealed that Vietnam and the Philippines recorded the second and third highest rate of use of cryptocurrency in the world, and again, remittance payments play a role in expanding the use of cryptocurrencies.

According to the Bitcoin site.

Com ", the Philippine Central Bank agreed to adopt cryptocurrency exchanges to be like" payment and money transfer companies "in the country, and the government itself is already interfering with cryptocurrencies by creating blockchain application bonds with Union Bank to distribute government bonds. Union Bank of the Philippines installed a Bitcoin ATM in Makati, demonstrating how cryptocurrencies are slowly penetrating the country's economy.

In addition to its users in Africa and Southeast Asia, there is another region in the world in which there are many users of cryptocurrencies, which is Latin America, and the Republic of Peru tops the list of Latin American countries with 16% of users, while Brazil, Colombia, Argentina, Mexico and Chile have achieved above 10%.

Switzerland, along with Greece, recorded the highest use of the cryptocurrency in Europe (11% for each), and in general European and English-speaking countries recorded the lowest level of using cryptocurrencies.

This survey also included Japan, where a few people stated that they used or owned a cryptocurrency, and only 4% said they had a history of using this type of currency, which is the lowest rate recorded in the survey alongside Denmark.