Skip to content
Real Cryptocurrency Hub

Real Cryptocurrency Hub

Crypto Comeback Pro is an auto trading platform that allows you to invest in the crypto market and start making money right away. Sign Up HERE

  • Home
  • Start Trading
  • English
    • English
    • Español
    • Italiano
    • Polski
    • Svenska
    • Deutsch
    • العربية
  • News
    • Mining
    • Bitcoin (BTC)
    • ATM
  • Guides
  • How To’s
  • Exchange/Wallet
  • Brokers
  • Bitcoin Price Prediction
  • ✉ Contact
  • Home
  • Crypto News
  • Crypto Adoption Will Remain On Higher Side in Kenya for 2022 As Well
  • Crypto News
  • Cryptocurrency Mining
  • Trading

Crypto Adoption Will Remain On Higher Side in Kenya for 2022 As Well

Blaine Matta January 9, 2022 2 min read

GM of Luno from the African region, Marius Reitz, believes that 2022 will be the year when the African country, Kenya, will increase the adoption of cryptocurrencies. He bases his prediction on the P2P trade volume which is relatively higher in Kenya than any other African country for the past two years.

For almost two consecutive years, Kenya has been one of the top adopters of crypto through large-scale P2P trade volume. But would Kenya be able to repeat the same level of adoption for the year 2022 as well? For Luno’s GM namely Marius Reitz, Kenya would be able to dominate in terms of crypto adoption for this year as well.

Reitz had been looking at the affairs of Luno, which itself is a crypto firm operating in the African region also. He has been closely monitoring the crypto adoption in the region and has had issued crypto reports/analyses several times. Very recently, he made some predictions regarding the future of crypto in Kenya.

Firstly he predicted that crypto adoption in Kenya will again be on the higher side for 2022. He also said that there is a great deal of crypto understanding amongst Kenyans. Similarly, Kenyans have become acquainted with blockchain and how blockchain is used for sending instant transactions. He believes that crypto adoption continues to boom in Kenya at a rapid pace. Also, there is a mushroom growth of blockchain companies throughout Kenya, noted Reitz.

He also made mention of the ongoing competition between the top African countries, namely South Africa and Kenya, in terms of P2P trade volume. He said that there was a time when South Africa was the pioneer amongst African states with regard to trade volumes in P2P. However, the title of South African has now been taken by Kenya where, for the past two years, P2P trade volume is the highest. For the two consecutive years namely 2020 and 2021, Kenya hasn’t been allowing any other African state to take a lead. On this basis, Reitz believes that the year 2022 will also be no different than the past two years.

He also pointed out that so far African crypto space is moving in the direction without any hurdles. He noted that the regulation debate in the region is not that strong as it is in other countries. It would therefore be safe to suggest that the South African market is currently the safest in the world.

Post Views: 408

Continue Reading

Previous: Price Analysis of DMN, $ONLY, SHIBJUMP, and more Cryptocurrencies
Next: Price Analysis of BBL, PWR, YF-DAI, and more Cryptocurrencies

Related Stories

Class-Action Lawsuit Accuses Robinhood Of Market Manipulation
2 min read
  • Crypto News
  • Cryptocurrency/Cryptocoin

Class-Action Lawsuit Accuses Robinhood Of Market Manipulation

August 15, 2022
With 61% Gains, ETH has Successfully Overtaken Bitcoin Sberbank
2 min read
  • Crypto News
  • Ethereum (ETH)
  • Price Analysis

With 61% Gains, ETH has Successfully Overtaken Bitcoin

August 8, 2022
Ripple Survey Claims That In Three Years Cryptocurrencies Will Be Adopted By Three-Quarters Of Institutions
2 min read
  • Crypto News
  • DeFi (Decentralized Finance)
  • Ripple (XRP)

Ripple Survey Claims That In Three Years Cryptocurrencies Will Be Adopted By Three-Quarters Of Institutions

August 7, 2022

Read our disclaimer

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$23,824.00
-0.98%
ethereum
Ethereum (ETH)
$1,870.58
-1.37%
tether
Tether (USDT)
$1.00
-0.24%
usd-coin
USD Coin (USDC)
$1.00
-0.13%
binancecoin
BNB (BNB)
$313.39
-1.71%
cardano
Cardano (ADA)
$0.56
0.01%
ripple
XRP (XRP)
$0.373625
0.18%
dogecoin
Dogecoin (DOGE)
$0.084836
8.83%
polkadot
Polkadot (DOT)
$8.88
0.71%
Uniswap
Uniswap (UNI)
$8.29
-2.25%

Recent Posts

  • Class-Action Lawsuit Accuses Robinhood Of Market Manipulation

    Class-Action Lawsuit Accuses Robinhood Of Market Manipulation

    A class-action lawsuit was recently filed against Robinhood, which supports stock and crypto trading, and the platform has
  • JP Crypto Review – a Recommended Crypto Broker

    JP Crypto Review – a Recommended Crypto Broker

    JP Crypto Review Suppose you are interested in trading cryptocurrencies but are hesitant to do so due to
  • Alfabtc Review – A Recommended Cryptocurrency Broker

    Alfabtc Review – A Recommended Cryptocurrency Broker

     Alfabtc Review Alfabtc is a competent brokerage firm known for its fast and efficient execution of trade. The
  • With 61% Gains, ETH has Successfully Overtaken Bitcoin

    With 61% Gains, ETH has Successfully Overtaken Bitcoin

    The native token of Ethereum “Ether – ETH” has managed to outperform Bitcoin (BTC) prior to the implementation
  • Ripple Survey Claims That In Three Years Cryptocurrencies Will Be Adopted By Three-Quarters Of Institutions

    Ripple Survey Claims That In Three Years Cryptocurrencies Will Be Adopted By Three-Quarters Of Institutions

    A recent survey has shown that 76% of financial institutions will adopt cryptocurrencies. The survey result has shown

Start Trading

Categories

Top Posts

  • Price Analysis of CryptoFarming ($CFAR) and Bastille De La Bouje (BASTILLE)

    Price Analysis of CryptoFarming ($CFAR) and Bastille De La Bouje (BASTILLE)

    According to the latest reports from the cryptocurrency industry, several cryptocurrencies have ended up facing huge price dips.
  • Experienced Crypto Investors Share Tips that help them Gain High Profits

    Experienced Crypto Investors Share Tips that help them Gain High Profits

    One of the most common misconceptions about crypto trading is that it anybody can do it and that
  • Goldman Sachs: Ethereum will Reach $8,000 by the End of 2021

    Goldman Sachs: Ethereum will Reach $8,000 by the End of 2021

    The Managing Director of investment giant Goldman Sachs believes that Ethereum is going to keep undergoing price gains
  • What Threatens ETH’s Momentary Bullishness?

    What Threatens ETH’s Momentary Bullishness?

    Ethereum’s network has faced several roadblocks in the crypto market in terms of DeFi and price. Keep in
  • Agartha Asset Management Review – What Services Does This Company Offer?

    Agartha Asset Management Review – What Services Does This Company Offer?

    Agartha Asset Management Review The covid-19 pandemic has had a huge impact on the global economy. Almost every

Archives

You may have missed

Class-Action Lawsuit Accuses Robinhood Of Market Manipulation
2 min read
  • Crypto News
  • Cryptocurrency/Cryptocoin

Class-Action Lawsuit Accuses Robinhood Of Market Manipulation

August 15, 2022
JP Crypto Review – a Recommended Crypto Broker
3 min read
  • Brokers
  • Reviews

JP Crypto Review – a Recommended Crypto Broker

August 12, 2022
Alfabtc Review – A Recommended Cryptocurrency Broker
3 min read
  • Brokers
  • Reviews

Alfabtc Review – A Recommended Cryptocurrency Broker

August 10, 2022
With 61% Gains, ETH has Successfully Overtaken Bitcoin Sberbank
2 min read
  • Crypto News
  • Ethereum (ETH)
  • Price Analysis

With 61% Gains, ETH has Successfully Overtaken Bitcoin

August 8, 2022
  • Kraken
  • OrbitGTM
  • Fxoro
  • KuCoin
  • Huobi
  • Bitfinex
  • PrimeXBT
  • CTmatador
  • DXCBIT
  • PrimeHolders
  • CMC Markets
  • XCGIN
  • Virtual Payout
  • Gamma Capitals
  • Towards Soure
  • CoinsMarkets
  • ArgoTrade
  • Global Solution
  • CTProz
  • Alfabtc
  • JP Crypto
Copyright © All rights reserved. | DarkNews by AF themes.
  • bitcoinBitcoin(BTC)$23,824.00-0.98%
  • ethereumEthereum(ETH)$1,870.58-1.37%
  • tetherTether(USDT)$1.00-0.24%
  • usd-coinUSD Coin(USDC)$1.00-0.13%
  • binancecoinBNB(BNB)$313.39-1.71%
  • cardanoCardano(ADA)$0.560.01%
  • rippleXRP(XRP)$0.3736250.18%
  • SolanaSolana(SOL)$43.12-1.55%
  • dogecoinDogecoin(DOGE)$0.0848368.83%
  • polkadotPolkadot(DOT)$8.880.71%
  • UniswapUniswap(UNI)$8.29-2.25%
  • bitcoin-cashBitcoin Cash(BCH)$136.13-0.61%