A cryptocurrency (or “crypto”) is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. Much of the interest in these unregulated currencies is to trade for profit, with speculators at times driving prices skyward.
Who uses cryptocurrency the most?
The world's top 10 crypto countries, according to the Statista data, are:
- Nigeria: 32%
- Vietnam: 21%
- Philippines: 20%
- Turkey: 16%
- Peru: 16%
- Switzerland: 11%
- India: 9%
- China: 7%
What is the most used cryptocurrency?
Bitcoin is still by far the most popular cryptocurrency and its price movement has a strong impact on the rest of the crypto market.