It’s no longer news that Nigeria is one of the African countries that have over time given open arms to the bloom of cryptocurrency. According to reports, the Nigerian ‘Bitcoin’ Google searches are topping the Trends and blazing the trail. Reports from Google Trends states that it is driving almost double the traffic as the second-ranked country, Austria.
A novel Bitcoin startup in Nigeria; Blockstale BTM, has installed Bitcoin Automated Teller Machine in Lagos- The first-ever in Nigeria.
Nigeria is one of the largest trading landscape for cryptocurrency and the 8th country to welcome a Bitcoin ATM in Africa.
Beyond this, the company plans to expand its horizons by establishing over 30 more ATMs across Nigeria.
According to the CEO, Daniel Adekunle:
Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in Africa.
Bitcoin Automated Teller Machines (Bitcoin ATMs) are fast gaining mentions across the globe and are helping to aid consumers in the buying and selling of bitcoin.
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