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Nigerla is the second largest bitcoin market.

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ahmedo24

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Nigerla, an African countries is the next to the US in terms of bitcoin market from the statistics obtained recently from Qz.com. US has $3.7 billion plus market volume while Nigerla has $566 million plus trade volume. It is also reported that the number of Bitcoin wallets being created daily in Nigeria is on the high side. Nigerians see bitcoin Investment as alternatives to curb unemployment.
 

Josemendez

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Nigerla, an African countries is the next to the US in terms of bitcoin market from the statistics obtained recently from Qz.com. US has $3.7 billion plus market volume while Nigerla has $566 million plus trade volume. It is also reported that the number of Bitcoin wallets being created daily in Nigeria is on the high side. Nigerians see bitcoin Investment as alternatives to curb unemployment.
This is a good news for Nigerians as this has shown that Bitcoin is going to have strong ground there ,and it will help the investors fight off recession and unemployment
 

Sincerem

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Nigerla, an African countries is the next to the US in terms of bitcoin market from the statistics obtained recently from Qz.com. US has $3.7 billion plus market volume while Nigerla has $566 million plus trade volume. It is also reported that the number of Bitcoin wallets being created daily in Nigeria is on the high side. Nigerians see bitcoin Investment as alternatives to curb unemployment.
That shows we are trading more on Bitcoin than the way we trade other mineral resources like gold, silver, diamond, platform etc. Bitcoin has helped Nigerians ease unemployment rate a little.
 

ahmedo24

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China is even below Nigerla and South Africa is the number 10, Kenya is number 8 so from the top 10 we have 3 African countries doing very well.
 

Peterlight

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It is a good thing to see African national adapt to cryptocurrency, Nigeria have showed a great interest in the crypto world and I can see them getting advanced throught the help of the cryptocurrency.
 

Niftyyem

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I did not realize that Nigeria has gone up on the ladder of crypto markets in the world and at the same time I am not too surprised because just like many developing nations, the citizens find refuge in currencies that help beat inflation.
 

Kamon c4

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Well it’s of no surprise to me cause a lot of Nigerians mostly youth have endorsed bitcoin as their way of saving money in the bank and that’s because the banks deducts monthly tax on money saved. So why safe when I can safely put my money in a bitcoin wallet and watch it increase or decrease?
 

ahmedo24

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The monthly tax deducted by banks is even insignificant but the fact that the value of bitcoin and other Crypto currencies varies which most times appreciate makes Nigerians love bitcoin Investment.
 

Bookwormlux

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That's nice. In Nigeria, Bitcoin ha helped us a lot especially serving as a better alternative to PayPal that has strict restrictions for us. I believe more people would get to know about crypto currencies and the market will boom.
 

ahmedo24

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That's nice. In Nigeria, Bitcoin ha helped us a lot especially serving as a better alternative to PayPal that has strict restrictions for us. I believe more people would get to know about crypto currencies and the market will boom.
That's true, I guess the huge acceptance bitcoin got from most Nigerlans is as a result of the challenges they face using PayPal so with this life became much easier online.
 

Lyrrex

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It is a good thing to see African national adapt to cryptocurrency, Nigeria have showed a great interest in the crypto world and I can see them getting advanced throught the help of the cryptocurrency.
It's a perfect move for Nigerians and other African countries to embrace bitcoin due to the current decline in the value of naira. I see bitcoin as a way to cub unemployment.
 

Lagazine

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I don't know much about the Nigerian market but I often see Nigerians on the internet and I can see the interest of the people there in the corrupt currency. I have seen that there are hard working people so it would not be wrong to say that there will be another market for bitcoin in Nigeria.
@Munna ktk I can't tolerate that from you. Nigeria is a country with wealth of gifted young talents. We use our talents on different fields. If their is a verbal attack on any citizen of my country, their is verbal attack on the image of the unborn children, please denounce your message that 'you can see the interest of Nigerians on Corrupt currency'. Our leaders might be corrupt, but our citizens in your own country should be use to assess your ascertion.
As regards to the rate at which Nigerians thirst for bitcoin its as a result of devaluation in our currency.
 

Bookwormlux

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That's true, I guess the huge acceptance bitcoin got from most Nigerlans is as a result of the challenges they face using PayPal so with this life became much easier online.
Some people also have the believe that crypto currencies would make them rich and so they are investigating their money in Bitcoin which is more preferable to them. This helps to reduce number of those involved in sports gambling too.
 

ahmedo24

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Some people also have the believe that crypto currencies would make them rich and so they are investigating their money in Bitcoin which is more preferable to them. This helps to reduce number of those involved in sports gambling too.
Wow!!! I never new that Bitcoin investment has now made gambling get less patronage than it use to get before in Nigerla probably because I don't bet.
 

Bookwormlux

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Wow!!! I never new that Bitcoin investment has now made gambling get less patronage than it use to get before in Nigerla probably because I don't bet.
Most educated youths have reconsidered and are opting for Bitcoin investment and also forex trading which they feel it is more reliable for them. Rather than gambling that makes one to always be in a state of suspense.
 

Ralphjoe

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Wow I am so amazed by the news, Nigeria after the US in the countries that holds most Bitcoin? Now this is very shocking to me.
The most plausible explanation to this is that more Nigerians are using Bitcoins to receive payment online since PayPal doesn't have that feature for it in Nigeria.
 

Abibatabosede

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In Nigeria everyone especially the graduates are seeking for means of livelihood,bet me Bitcoin is one of the reliable source of income for most people in Nigeria,so as the awareness spreads the no investors increases.
 

ahmedo24

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I am very optimistic that the huge. gap between the Nigeria and US trade volume will be more narrow in the coming though not easy to mount the first position
 

Presido

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This is the fact though and we are really glad to hear this great news. I hope in the nearest future there's nothing like currencies. We should all be trading in bitcoins
 
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