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Tuesday 17 October 2017

Bitcoin Adoption and Usage in Nigeria Getting Momentum




Over the past few months, Bitcoin adoption in Nigeria has increased dramatically. Not only does the African country top Google Trends charts for Bitcoin-related searches, but wallet downloads and trading volumes are also growing exponentially.
As the virtual currency continues to gain ground, we asked our Nigerian customers: how do you view Bitcoin and what do you do with it?


Below are the results in an infographic on how often they use their Bitcoin wallets, if they use it more as a payments system or an investment tool, whether they trust it or not and what they think the Bitcoin price will be over time.

Imagine, between last year and now, we’ve seen bitcoin rises about 200% and analyst forecast that before the year runs out, 1 bitcoin may be worth $10,000.






Those are the infographics of the massive popularity of Bitcoin and its usage in Africa, Nigeria in particular courtesy of www.luno.com.

 You can forgive yourself for not investing earlier in Bitcoin but you may not forgive yourself if you don't invest now in Bitcoin or at least the alternative like Swisscoin now that it's still very affordable.




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