Nigeria hits $1.5bn in crypto trading despite the imposed ban

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Horlar626
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April 29th, 2021, 4:46 am

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Despite the ban on crypto-currency trading in Nigeria, the country has emerged as the biggest market for Paxful, a global peer-to-peer fintech and crypto-currency trading platform, with an impressive volume which currently stands at $1.5 billion and 1.5 million users.

As at April 2021, the top four countries by volume on Paxful aside Nigeria are China, United States of America, India, and Kenya, but globally, over $5 billion has been traded with six million users to date on the platform.
CEO and co-founder of Paxful, Mr. Ray Youssef, told Vanguard that the traditional financial system is failing 99 percent of the world’s population, explaining that this means there is no way out of income inequality for a lot of people in the world.

Youssef said: “With crypto-currencies, we see an alternative, a way to rest the financial system based on equality. Our mission at Paxful is to give everyone equal access to finance no matter who they are or where they are so they can control their own money and build the future they want with financial freedom.”
https://www.vanguardngr.com/2021/04/nig ... o-trading/

Please share...

the sun is rising :thnk: :thnk:
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eMade
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Location: Abuja
 

April 29th, 2021, 6:30 am

That's not unexpected. :D:
Learn more about βCoins: 61200 ✓ VIP Members: 61848 ✓ Referral: 62508
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Kelceeboy
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April 29th, 2021, 7:42 am

This nigeria no dey tired ni
DM Let's Vibes Naughty :wink:
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Joemiles
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Location: lagos
 

April 29th, 2021, 7:56 am

Me i tire o
Just like to be myself
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Dsunny
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Location: Enugu
 

April 29th, 2021, 5:06 pm

Ok they are trying :clap:
Victorvector
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April 30th, 2021, 12:18 am

Wow....we are fast booming into the cryptoworld
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TitanKenneth
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Location: NEW YORK
 

April 30th, 2021, 12:30 am

mixed feelings :thnk:
i'm a great colossal/armoured titan :tu: kenneth's the name :D:
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Swiri
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Location: Abuja
 

April 30th, 2021, 12:58 am

Horlar626 wrote:
cryptocurrency.jpg
Despite the ban on crypto-currency trading in Nigeria, the country has emerged as the biggest market for Paxful, a global peer-to-peer fintech and crypto-currency trading platform, with an impressive volume which currently stands at $1.5 billion and 1.5 million users.

As at April 2021, the top four countries by volume on Paxful aside Nigeria are China, United States of America, India, and Kenya, but globally, over $5 billion has been traded with six million users to date on the platform.
CEO and co-founder of Paxful, Mr. Ray Youssef, told Vanguard that the traditional financial system is failing 99 percent of the world’s population, explaining that this means there is no way out of income inequality for a lot of people in the world.

Youssef said: “With crypto-currencies, we see an alternative, a way to rest the financial system based on equality. Our mission at Paxful is to give everyone equal access to finance no matter who they are or where they are so they can control their own money and build the future they want with financial freedom.”
https://www.vanguardngr.com/2021/04/nig ... o-trading/
Na wah for naija oh
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Arnold
Junior
 

April 30th, 2021, 12:54 pm

Wow! We are adapting into the world of crypto, which is very good for us
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Sophie64
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Location: Port Harcourt, Rivers State, Nigeria
 

April 30th, 2021, 7:38 pm

:good:
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Gloria50
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Location: Enugu, Nigeria
 

May 23rd, 2021, 12:28 pm

This is funny
Telephone
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