Turning to peer-to-peer transactions might Nigerians view bitcoin and smaller, in Nigeria healthier and more February Nigerians sent even more dollars in crypto across the border daily. Economic factors also appear to spur adoption.
Currently, with cryptocurrency, while Nigerians are free to do whatever they wish with crypto, including buying and selling, they cannot use their local banking system to do it. Depending on the platform and where it is registered, you may also need to provide data and personal information as part of a Know Your Customer KYC process. Cryptocurrency trading platforms: These are platforms that offer users the ability to trade Bitcoin and cryptocurrencies. To store the cryptocurrency you purchase, you must have access to a crypto wallet.
