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Nigeria Tops Bitcoin Trading in Sub-Saharan Africa Despite Ban

Nigeria emerged top of the Bitcoin peer to peer chart in Sub-Saharan Africa for the past week.

This is even as $17,599,679 was traded in the sub-Saharan region alone, compared to the $17,540,134 that was traded in the whole of North America during the same period under review.

Despite the Central Bank’s ban, Nigeria led sub-Saharan charge with $8,761,051 in Bitcoin traded volume, with Kenya and Ghana coming second and third respectively with $3,613,004 and $2,882,710 in traded BTC volume for the period.

The United States led the North American charge with $16,752,803 in BTC volume for the period.

Since the ban in Nigeria, those into it have resorted to the peer-to-peer platform in order to do business.

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