Nigerla is the second largest bitcoin market.

[Abigael]

That is great to know. I guess that the Nigerians have learnt the peofit in investing in bitcoin and that is why so many of them trade it. The high unemployment there also motivates people to look for other methods of earning a living and bitcoin has presented a good opportunity.

 

[Patrik]

i have seen that in the news, it's actually one of the highest country in terms of paying with bitcoin usage, nigeria actually has did some very quick improvement in terms of cryptocurrency usage, i hope they keep going up up!

 

[BrolySSJ]

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 an incredible development to see that Nigeria has been doing so well in terms of its cryptocurrency usage and its adoption as well. With so much of Bitcoin wallets that have been generated and transactions that are happening daily from this country what is the government's stance that they have taken against cryptocurrency? Is the government in Nigeria for cryptocurrency or are they against it?

 

[lelakil3]

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.

What a nice investment to nigerians if it the alternatives to the unemployment of the nigerians i salute them going ta an digital world most of people panic what cause the basics of digital world is complicated.

 

[Rainlover207]

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.

 

[Akinwale701]

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.

Yes, you're right and I think I've seen something like this on one Cryptocurrency Website too, Paxful to be precise. Nigeria and Nigerians seem to be turning up for Crypto trading and investment after having witnessed how bitcoin experienced great increase for the past years. It's a good thing, though.
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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.

Yes, you're right and I think I've seen something like this on one Cryptocurrency Website too, Paxful to be precise. Nigeria and Nigerians seem to be turning up for Crypto trading and investment after having witnessed how bitcoin experienced great increase for the past years. It's a good thing, though.

 

[Chizfab]

Yes, so true and it is the best means of payment, as many other means does not favour us. It has also created a gap between investors and financial institutions, making business transactions easier and better with hitches.
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Yes, so true and it is the best means of payment, as many other means does not favour us. It has also created a gap between investors and financial institutions, making business transactions easier and better with hitches.

 

[Iamsodex]

This is a good news because most Nigerians trooping into the market Young ones, automatically this will reduce the rate of unemployment in the country and I hope most of them will be able to create job opportunities for others who are not in this market. I hope we get more young newbies coming in this year

 

[Cybersec]

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.

 

[Holluwaphemmy]

I am not suprised because most of the investors I know are from Nigeria . Many Nigerians even use crypto currency as their preferred means of payment . This really boost the bitcoin market. My concern is about the recent downfall of the mighty Bitcoin
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I am not suprised because most of the investors I know are from Nigeria . Many Nigerians even use crypto currency as their preferred means of payment . This really boost the bitcoin market. My concern is about the recent downfall of the mighty Bitcoin

 

[MarieArie]

Bitcoin trade had its highest spike of 30% this year during the national lockdown in the country and the highest volume traded during the peak of the pandemic. Between January and September, Paxful reported a 137% increase in new registrations in Nigeria. During the police brutality protests in Nigeria in October, bitcoin saved the day when the government shut out protesters from using local payment platforms for collecting donations to support it.

 

[golamike]

I'm happy you quoted the source of your claim. I was skeptical at first until I saw the statistics and source. Truth is many Nigerians are entering the crypto space (not just bitcoin). I know a couple of guys (Nigerians) who are mainly living (working, sleeping, eating, driving) in cryptocurrency. There are many Nigerian crypto merchants and exchanges out there and are doing fine. The good thing is that the awareness is increasing on a daily basis. It's surprising to see persons i never thought could embrace an idea like crypto accepting it. Great one from Nigerians.

 

[Tinaconcept]

Yes, it's true and am not surprise, if it should continue this way we may also be at the top. Because it currency and growth of the business is very high.
Also the business is a very safe and profitable business, it's all about buying and selling of coins.
It's now the hot trending online business,

 

[Abbas ali]

With $566M Trade Value, Nigeria Becomes Second Biggest Bitcoin Market. Between 2015 and 2020, Nigeria has traded over 60,000 bitcoins, valued at $566 million, making the country the second biggest market for the currency

 

[Kehinde]

Coinbase. Coinbase is one of the easiest ways to buy, sell and hold cryptocurrencies such as Bitcoin, Ethereum and Litecoin. ...
Blockchain Wallet. Blockchain claims to be the world's most popular digital wallet for storing Bitcoin and Ether. ...
Trezor Wallet. ...
Exodus. ...
Luno Wallet.

 

[Emma Aneni]

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 my money saved.

 

[Tinaconcept]

Yes, it's true and am not surprise, if it should continue this way we may also be at the top. Because it currency and growth of the business is very high.
Also the business is a very safe and profitable business, it's all about buying and selling of coins.
It's now the hot trending online business,

[automerge]1611580138[/automerge]

Yes, it's true and am not surprise, if it should continue this way we may also be at the top. Because it currency and growth of the business is very high.
Also the business is a very safe and profitable business, it's all about buying and selling of coins.
It's now the hot trending online business.

 

[Ehtisham memon]

That a good nigerla become a second largest country to the bitcoin increased in this country but usd is high in this time but I don't idea about the bitcoin currency I also want to invest in this site and earning but in my country it now it illegal some person still to legalized then I joined to the site of bitcoin currency

 

[Erik4150]

it is not surprising that Nigeria is second largest cryptocurrency market. The naira, official currency of Nigeria is decreasing in value everyday compared to dollar. Many Nigerians have embraced cryptocurrency as an alternative to fiat currency.

 

[Dekadet]

Well I am not surprised at all. What do you expect from a country whose unemployment rate is increasing rapidly by the day and the government and private sectors fold their arms to watch. Nigerians had to rise up and create their own source of lively hood to be Able to feed and pay other bills. Cryto currency trading and investment came at the right time, those that caught the early worm are millionaires now. Crytocurrency buying and selling is the in-thing now so if you are not a part of it my brothers and sisters, then save some money and join the trend because it has come to stay. So join the trend now or you might regret later on. I have personaly joined and hope to smile very soon, I started small but I am optimistic that it will grow beyond my wildest imagination.