How Nigerians use Bitcoin

Team Luno
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1 minute read

Over the past few months, Bitcoin adoption in Nigeria has increased dramatically. Not only does the African country top Google Trends charts for Bitcoin-related searches, but wallet downloads and trading volumes are also growing exponentially.

As the virtual currency continues to gain ground, we asked our Nigerian customers: how do you view Bitcoin and what do you do with it?

Below are the results in an infographic on how often they use their Bitcoin wallets, if they use it more as a payments system or an investment tool, whether they trust it or not and what they think the Bitcoin price will be over time.

nigeria-use-bitcoin-infographic

Note: This image is licensed under the Creative Commons BY-ND 4.0 International License.
You may freely share it or use it on your website, blog or social channels in unedited/unaltered form with credit or a link to www.luno.com

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Team Luno

On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @lunomoney.

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