of respondents expressed interest in learning more about cryptocurrency but currently do not own any. On the other hand, of respondents are skeptical or concerned about the risks and downsides of cryptocurrency, highlighting a significant barrier that needs addressing. These concerns could range from security and volatility to regulatory uncertainty, making it crucial to address these doubts through education, transparency, and showcasing real-world applications of cryptocurrency that reduce perceived risks.
For deeper insights, discover cryptocurrency adoption in Nigeria, key obstacles to cryptocurrency adoption in Nigeria, preferred payment options in Nigeria.