{"id":53152,"date":"2022-09-29T15:06:56","date_gmt":"2022-09-29T13:06:56","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=53152"},"modified":"2022-09-29T15:06:56","modified_gmt":"2022-09-29T13:06:56","slug":"ghana-is-about-to-catch-up-with-the-other-african-states-in-crypto-adoption","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/ghana-is-about-to-catch-up-with-the-other-african-states-in-crypto-adoption\/","title":{"rendered":"Ghana Is About To Catch Up With the Other African States in Crypto Adoption"},"content":{"rendered":"
Several countries continue to ride on the crypto wave from all around the world. According to a recent research<\/strong><\/span> report<\/a><\/strong> by Chainalysis, it has been revealed that Ghana is actively adopting cryptocurrencies.<\/strong> The West African country is showing potential to become a leader in terms of cryptocurrency adoption. It is all set to challenge other African states in this regard.<\/span><\/p>\n <\/p>\n The research revealed that Ghana could soon match Kenya and Nigeria\u2019s crypto adoption levels.<\/strong> Both of these countries are ranked 11<\/span>th<\/span> and 19<\/span>th<\/span> respectively, in the global crypto adoption index of Chainalysis. The CEO of the P2P platform Paxful, Ray Youssef stated that the people of Ghana and the country\u2019s current growth trends are supportive of its increasing crypto adoption.<\/strong> Thus, Ghana can soon become a leading country in crypto adoption in Africa.<\/span><\/p>\n As per the report, the total trading volume of Paxful in Ghana saw a rise of over 100% in the last year. The total trading volume has increased by 400% in the last two years.<\/strong> These mammoth figures show that there has been a substantial increase in crypto interest and adoption among locals.<\/span><\/p>\nCryptocurrency Exchanges in Ghana Experience a Surge in Trading Volume<\/span><\/h2>\n