how is bitcoin in nigeria

Last Updated on March 30, 2023 by Paganoto

Out of control and rising: why bitcoin has Nigeria's government …

Out of control and rising: why bitcoin has Nigeria's government …

According to bitcoin trading platform Paxful, Nigeria is now second only to the US for bitcoin trading. The dollar volume of crypto received …

Nigerians Turn to Crypto Assets as Currency Weakens

Nigerians Turn to Crypto Assets as Currency Weakens

Cryptocurrency experts say Nigerians are hedging against the drop in value of their currency, the naira, by trading more dollar-denominated …

Cryptocurrencies: Why Nigeria is a global leader in Bitcoin trade

Cryptocurrencies: Why Nigeria is a global leader in Bitcoin trade

Bitcoin has jumped above $17,000 (£12,800) to hit a three-year high … More cryptocurrency trading goes on in Nigeria than almost anywhere else …

Crypto trading thrives in Nigeria despite official disapproval

Crypto trading thrives in Nigeria despite official disapproval

LAGOS, Oct 12 (Reuters) – Nigerian art dealer Ebuka Joseph started using cryptocurrencies last year when business ground to a halt due to …

The role of Bitcoin and other cryptocurrencies in empowering …

The role of Bitcoin and other cryptocurrencies in empowering …

For example, a Nigerian Over-the-Counter (OTC) trader can offer to buy bitcoin from another Nigerian and pay the person in Naira. Millions of …

How has Nigeria's digital currency fared since its launch?

How has Nigeria's digital currency fared since its launch?

As of April 2022, cryptocurrency exchange Kucoin reported that 33.4 million Nigerians trade or own crypto assets despite restrictions on …

Bitcoin Ban In Nigeria: What Has Changed?

Bitcoin Ban In Nigeria: What Has Changed?

While the ban on financial institutions made it difficult for individuals and entities alike to facilitate cryptocurrency transactions, Bitcoin …

Study: Nigeria Most Crypto-Obsessed English Speaking …

Study: Nigeria Most Crypto-Obsessed English Speaking …

A new study has ranked Nigeria as the country most curious about cryptocurrency post the April crypto market crash. The same study findings …

Nigeria Issues Crypto Asset Rules in Move Seen Boosting Trade

Nigeria Issues Crypto Asset Rules in Move Seen Boosting Trade

Nigeria Issues Crypto Asset Rules in Move Seen Boosting Trade · Rules aim to protect investors and promote transparency · Nigerians are among the …