How is Bitcoin used in Africa in 2020?

Currently, there are 64 blockchain and cryptocurrency firms in Africa across 11 various sub-categories, including exchanges and wallets, based on the Block Crypto research. Last month, bitcoin trading platform Paxful added 80,000 wallets in the past 12 months. It has seen tremendous growth in African countries, including Nigeria, Ghana and Kenya.

The main point – Africa is better prepared for a move to crypto than other continents.
We are talking about bitcoin, cryptocurrencies, money transfers and other fintech subjects.

More and more Africans are turning to Bitcoin to overcome the limitations of restrictive banking options.
There are many cryptocurrency trading platforms in Nigeria, Ghana, Kenya.
These marketplaces are radically transform the way to spend money. People can use hundreds of different payment methods to buy, sell and send bitcoin. Africa massively adopting Bitcoins for money-transfers as well.

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