Nigerian businessmen choose crypto over Naira

Crypto in Nigeria

The Nigerian businessmen are choosing cryptocurrencies over the national currency Naira. The citizens have begun to use bitcoins and other cryptos as an alternative to their own fiat currency. According to them, the national currency is more volatile than the cryptocurrencies. Notable entrepreneurs have been found to convert Naira to Bitcoin through LocalBitcoins.com or other peer-to-peer platforms.

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