Nigeria Will Lead Bitcoin Adoption in Africa Soon

Nigeria Will Lead Bitcoin Adoption in Africa Soon

Many analysts are confident the drift will keep growing to the extent where Nigeria may overtake countries like Kenya and Ghana. Bitcoin adoption in Africa was being spearheaded by South Africa, Kenya, and Ghana, until recently. In fact, the year 2016 witnessed the upward improvement of Bitcoin penetration in the Federal Republic of Nigeria in an encouraging dimension. In October 2016, a Nigerian based Exchange BitX announced that their wallet on Google Play Store recorded 100,000 downloads. Besides the increase in volume, the exchange also stated among other things that the price rate was....


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