Lack of proper financial services boosts crypto ownership in Nigeria, says report By Cointelegraph

Lack of proper financial services boosts crypto ownership in Nigeria, says report By Cointelegraph

Coinbase joins NGO

Lack of proper financial services boosts crypto ownership in Nigeria, says report

A new study has revealed staggering growth in crypto adoption across Nigeria, fueled by limited access to affordable fiat-based financial services in Africa.

Crypto exchange KuCoin’s “Into the Cryptoverse Report” highlights that many Nigerian citizens have started using cryptocurrencies as a viable alternative to store and transfer assets.

Cryptocurrency ownership by country. Source: Gemini