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International Business Times

Business

Marvie Basilan

An Astonishing 75% Of People In Crypto Skeptic Nigeria 'Trust' Bitcoin: Survey

Bitcoin Crypto Nigeria Binance

Bitcoin has become a popular choice among many Nigerians for their financial transactions, a new survey revealed. (Credit: CryptoWallet.com/flickr.com)

KEY POINTS

54% of Nigerian respondents said they were 'excited' to use Bitcoin
Some 49% of Nigerian consumers are actually using the digital currency
20% of the respondents use the popular digital coin in their daily transactions

A significant number of people in Nigeria have developed confidence in using Bitcoin for their financial transactions, a new survey revealed. This comes at a time when the West African nation is clamping down on the local cryptocurrency industry.

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