Nigerian City of Lagos Among the World’s Top 20 Crypto Hub Cities — Study

1 year ago

According to the findings of a survey by Recap, the crypto plus absorption firm, the Nigerian metropolis of Lagos is ranked among the world’s apical 20 crypto hub cities. Besides Lagos, 5 much African cities, namely the Angolan metropolis of Luanda, Nigeria’s Ibadan, and 3 South African cities — Cape Town, Johannesburg and Pretoria — diagnostic among the 50 top-ranked crypto hub cities.

Lagos Among Cities With Most People ‘Working successful Crypto-Based Jobs’

According to the findings of a caller survey by Recap, a crypto plus absorption firm, the Nigerian metropolis of Lagos is the lone African metropolis that features connected its database of apical 20 crypto hub cities. With a full people of 261.2 points, Lagos is lone outranked by 13 large cities retired of the implicit 200 “most populated cities successful the world” that were surveyed.

As shown by the study findings, portion the metropolis has 1 of the lowest figures for crypto-related events held oregon the fig of installed bitcoin automated teller machines (ATMs), it nevertheless boasts the highest (45%) proportionality of crypto holders comparative to the colonisation size. In addition, the information shows that Lagos ranks among cities with the highest numbers of individuals “working successful crypto-based jobs.” Only London, Dubai, New York City, Singapore, Los Angeles, and Paris person much radical moving connected specified crypto-related jobs.

While Lagos — 1 of Africa’s astir populous cities — is among the apical 20 crypto hub cities, Ibadan, a metropolis successful southwest Nigeria, is ranked 24th successful the satellite and 2nd successful Africa. According to the survey data, Ibadan, whose crypto ownership complaint is akin to that of Lagos, has a full people of 235.8. This people is implicit 10 points higher than that of the adjacent highest-ranked African city, Cape Town (ranked 30).

Two much South African cities, namely Pretoria (42) and Johannesburg (46) besides diagnostic among the database of apical 50 crypto hub cities, portion Angola’s Luanda (38) is the sixth African metropolis to diagnostic connected the list.

According to the survey findings, London is the highest-ranked metropolis with a people of 458.5, and is intimately followed by Dubai which scored 447.2. New York City (3) and Los Angeles (5) are the lone U.S. cities that diagnostic among the 10 top-ranked crypto hub cities portion Singapore City (4) and Bangkok (10) are the lone Asian cities connected the list.

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Terence Zimwara

Terence Zimwara is simply a Zimbabwe award-winning journalist, writer and writer. He has written extensively astir the economical troubles of immoderate African countries arsenic good arsenic however integer currencies tin supply Africans with an flight route.

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