Bitcoin: Nigeria Leads as sub-Saharan Africa Edges Forward in Crypto Trading

The peer to peer trading volume of Bitcoin in sub-Saharan Africa has surpassed that on North America according to data from UsefulTulips
The latest happening now means that sub-Saharan Africa has the largest p2p trading market in the world
The data shows that sub-Saharan traded a total of $17,599,679 in BTC via P2P against $17,540,134 that was traded by North America

The trading volume of Bitcoin in Sub-Saharan Africa via Peer-to-Peer exchange has surpassed that of North America to become the largest in the world.

The latest development was disclosed in a report which was released by analytical platform UsefulTulips.

According to the report from the platform which used data from LocalBitcoins and Paxful, $17,599,679 was traded in BTC volume in Sub-Saharan Africa.

This slightly edged the $17,540,134 BTC P2P trading volume of North America.

Nigeria led Sub-Saharan’s trading with $8,761,051, while Kenya came and Ghana came second and third with $3,613,004 and $2,882,710 respectively.

In North America, the United States led trading volume with $16,752,803 in the same period.

Since the central bank of Nigeria issued a ban on cryptocurrency in Nigeria, there has been a surge in P2P trading in the country.

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