Tuesday, October 17, 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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  1. I'm gonna give it a trial immediately my October salary is paid.

    Thanks for this wonderful update

  2. Crypto currency is just too awesome,,, those them that invested alot in it now will stand out great in the next few years

  3. I will make sure i follow every update relating to crypto currency and its usage,, i know wizytechs will help me on relevant info

  4. Lemme equally join the train and thank you for this wonderful update

  5. Replies
    1. It's not like MMM please and it will never be like.

  6. Now I'm fully prepared to kick start this stuff.

  7. wow m into this....
    1bitcoin-1million naira

  8. mmm is a helping hand company
    bit coin is a wallet

  9. mmm is a helping hand company
    bit coin is a wallet

  10. mmm are scammers. but bit coin is like ur bank account details
    keep ur details safe

  11. I love to trade on this type of coin

  12. nigerians are becoming more aware of the bitcoin and the advantages of it.