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Want to travel around Saudi Arabia and learn more about Bitcoin? This country is the most important market for this type of digital currency due to the favorable regulatory climate in the country. According to KuCoin's new study, this is due to a growing consumer base and interest.
Learn why Saudi Arabia is a great destination to learn about Bitcoins.
Saudi Arabia is one of the most influential digital markets in the world due to its high degree of penetration and adoption of cryptocurrencies. This is evidenced by the expansion in the Middle East and North region.
According to a recent survey conducted by KuCoin, approximately 3 million, or 14% of the adult population aged 18 to 60, have become crypto-investors. This means they currently own cryptocurrencies or have traded them in the last six months. Having this data enables you to understand that in this country, you can find people with this wisdom to help you learn more about the topic.
Is there an interest in Bitcoin?
Apart from the above results, the survey also highlights that 17% of the people are considered crypto curious and are likely to invest in cryptocurrencies soon. On the other hand, current investors plan to reinvest even more to continue working with Bitcoins.
This is also relevant for any traveler who wants to visit the country to learn about Microlearning because it broadens the range of people who can advise you. It would be more interesting to investigate if there are already tour groups dedicated to tourism focused on Bitcoins.
Bitcoin will reach new all-time highs in 24 months.
Consider which group of people you should look for during your trip to learn about Bitcoin. According to the report, 63% of crypto investors are male. Young crypto-investors under 30 account for at least a third of the population and have increased to 37% in Q2 2022.
There's a lot of Bitcoin in the country. KuCoin reported that the Saudi Arabian Petroleum Company incentivized users to invest in cryptocurrency followers. While this initiative sought to digitize and automate post-trade processing, it was also reported that Saudi Aramco would begin Bitcoin mining operations. This encouraged many to start investing.
Why should you travel to the country to learn about Bitcoin?
We're sure you are wondering why travel to another country when you can learn online or in your own country. Besides traveling for a specific purpose, the idea is also to explore the country and learn more about Bitcoin, whose success is unmatched in the region.
You often know what you need online but lack the answers to your questions. Consequently, you must always receive the proper feedback to all your doubts, and that is when you should be present.What's better than traveling, knowing a new destination, and filling yourself with knowledge about a topic of interest?
Get all your travel documents in order and learn more about Bitcoins
It is essential to know if you meet the requirements of having to process the [Saudi Arabia eVisa]. If you are unsure about it or prefer to consult with an expert, you are in luck! At iVisa, a team of experts will advise you throughout the entire process of obtaining your travel documents.
The Saudi Arabia eVisa is a travel document that allows you to travel through the country for tourism or to visit friends. You can stay for a maximum of 90 days. This document is mandatory for more than 50 countries worldwide; therefore, you must determine if you need this document to enter the country to avoid problems at the border.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.