VICTORIA, Seychelles--(BUSINESS WIRE)--KuCoin, the global cryptocurrency exchange, has released the Into The Cryptoverse report analyzing investor behavior and cryptocurrency adoption rates in South Africa.
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South Africa is currently the most advanced country on the African continent in financial terms, making its economic environment favorable for the development of new technologies. According to the survey, 7.6 million South Africans, which constitutes about 22% of the country’s adult population aged 18-60, are crypto investors, who currently own cryptocurrencies or have operated with cryptocurrencies in the past six months. About 65% of the crypto investors surveyed responded that they consider crypto to be the future of finance. A large percentage of users seem to prefer lower-risk products, such as digital...
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