Nigerian Metropolis of Lagos Among the many World’s Prime 20 Crypto Hub Cities — Research
February 8, 2023
In accordance with the findings of a examine by Recap, the crypto asset administration agency, the Nigerian metropolis of Lagos is ranked among the many world’s high 20 crypto hub cities. Apart from Lagos, 5 extra African cities, specifically the Angolan metropolis of Luanda, Nigeria’s Ibadan, and three South African cities — Cape City, Johannesburg and Pretoria — characteristic among the many 50 top-ranked crypto hub cities.
Lagos Amongst Cities With Most Folks ‘Working in Crypto-Primarily based Jobs’
In accordance with the findings of a current examine by Recap, a crypto asset administration agency, the Nigerian metropolis of Lagos is the one African metropolis that options on its listing of high 20 crypto hub cities. With a complete rating of 261.2 factors, Lagos is just outranked by 13 main cities out of the over 200 “most populated cities on this planet” that had been surveyed.
As proven by the study findings, whereas the town has one of many lowest figures for crypto-related occasions held or the variety of put in bitcoin automated teller machines (ATMs), it nonetheless boasts the best (45%) proportion of crypto holders relative to the inhabitants dimension. As well as, the information reveals that Lagos ranks amongst cities with the best numbers of people “working in crypto-based jobs.” Solely London, Dubai, New York Metropolis, Singapore, Los Angeles, and Paris have extra individuals engaged on such crypto-related jobs.
Whereas Lagos — considered one of Africa’s most populous cities — is among the many high 20 crypto hub cities, Ibadan, a metropolis in southwest Nigeria, is ranked twenty fourth on this planet and second in Africa. In accordance with the examine information, Ibadan, whose crypto possession charge is much like that of Lagos, has a complete rating of 235.8. This rating is over 10 factors greater than that of the following highest-ranked African metropolis, Cape City (ranked 30).
Two extra South African cities, specifically Pretoria (42) and Johannesburg (46) additionally characteristic among the many listing of high 50 crypto hub cities, whereas Angola’s Luanda (38) is the sixth African metropolis to characteristic on the listing.
In accordance with the examine findings, London is the highest-ranked metropolis with a rating of 458.5, and is intently adopted by Dubai which scored 447.2. New York Metropolis (3) and Los Angeles (5) are the one U.S. cities that characteristic among the many ten top-ranked crypto hub cities whereas Singapore Metropolis (4) and Bangkok (10) are the one Asian cities on the listing.
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