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Nigerians Ditch Naira For Crypto - Investment - Nairaland

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Can You Commit ₦500k To ₦1million For Crypto/forex Trading? I Will Trade For You / Nigerians Shun Naira For Foreign Currencies To Protect Wealth / I Have N500,000 Naira For Online Investment Please Help!!! (2) (3) (4)

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Nigerians Ditch Naira For Crypto by budaatum: 3:05pm On Feb 23, 2022
“It is difficult to pinpoint the earliest foray of cryptocurrency into Nigeria. But the pioneers certainly got skin in the game around 2015 with discussions being held in local forums like Nairaland and Facebook groups,” said Aliyu Pokima.

“For the early pioneers, cryptocurrencies provided a chance to escape the crippling effects of inflation and devaluation of the naira, Nigeria’s national currency. It was caused by poor monetary policies of the country’s central bank,” Pokima said. The opportunity to net impressive returns added to the magnetism around cryptocurrencies for these early investors. At that time, only a handful of local exchanges and users operated in the space. But the big break was just over the horizon.
https://beincrypto.com/nigeria-young-people-ditch-the-naira-for-crypto-thanks-to-inflation/
Re: Nigerians Ditch Naira For Crypto by jamace(m): 3:08pm On Feb 23, 2022
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