Cryptocurrency adoption and trends in Morocco in 2021
It is estimated that around 0.9 million people, 2.4% of Morocco’s total population, currently own cryptocurrency.
Morocco recorded a Bitcoin trading volume of US$6 million, the highest in North Africa. Morocco is positioned 4th in the African continent, behind Nigeria, South Africa and Kenya.
Moroccans are open to cryptocurrency, with peer to peer Bitcoin trading volumes increasing steadily over the years and reaching record highs of 2.18 million Moroccan Dirham in 2020.