Bitcoin gets stronger if its adoption level increases and its reach expands.

Recently, Coinmarketcap revealed the best countries in terms of increasing the number of cryptocurrency users.

Among the data revealed by Coinmarketcap, a special section shows the countries that achieved significant growth in the number of users in the first quarter of the current year, and these countries include:

India, Pakistan, Colombia, Canada and Nigeria.

As for the countries that have seen an increase in the number of female users, they are Greece and Romania.

46% increase in the number of young users in Nigeria by 211%:

Coinmarketcap, the leading provider of cryptocurrency prices and market data, published a report on Friday highlighting the crypto market and user trends for the first quarter of this year.

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The company explained that the analyzed data comes from the property’s market value data and user statistics from its huge user base.

Coinmarketcap has found two other trends that it considers promising.

The first is the quarterly growth of 43.24% of its female users on its website and the other is the 46.04% quarterly growth of its young users (aged 18-24).

Report details:

Regarding the youth user segment (aged 18-24), Oceania saw the largest share with the percentage jumping at 151.95%, followed by Africa with 91.47%.

Specifically, Coinmarketcap named nine countries larger than others in terms of an increase in the number of users aged between 18 and 24 in the first quarter of 2020 compared to the previous quarter.

Nigeria led the nine countries with a user growth rate of at least 80%.

Nigeria saw an increase of 210.6%, followed by Australia (158.07%) and Spain (120.71%).

The other top countries were Canada (112.45%), Mexico (97.33%), the United Kingdom (91.48%), Colombia (85.07%), India (83.07%) and Pakistan (81.79%).

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Female users increased by 43%, Greece by 164%

Coinmarketcap revealed that the number of female users also increased significantly in the first quarter, and explained:

While we have consistently seen an increasing number of female users, this segment has seen particularly strong growth of 43.24% compared to the previous quarter.

Within the female user segment, the Americas and European regions grew by more than 50% of users.

Coinmarketcap also named 9 other countries by number of users in the first quarter of 2020 compared to the previous quarter.

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Greece topped the group with a growth of 163.67%, followed by Romania (145.09%), Argentina (98.23%), Portugal (89.95%), Indonesia (88.92%), Ukraine (86.68%), the Czech Republic (85.6%), Colombia (82.03%). and Venezuela (80.23%).

Additionally, the company found a 41% increase in the number of users over the age of 65.

Coinmarketcap is currently ranked 569th in the world by Alexa-ranked visitors in April.

Coinmarketcap has already been acquired by Binance, which is what we were told in previous articles on the Bitcoin Arab website.

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