Bitcoin Trading Rises by N45bn in May Despite Ban

Bitcoin trading rises by N45bn in May despite ban the central bank had issued sometime in February on cryptocurrency. According to Useful Tips, May recorded the highest compared to the previous month.

$38.5m was traded in may, $33.1m in April; $33.6m in March; $31.9m in February, and $31.9m in January as bitcoin becomes the highest and most popular cryptocurrency.

Bitcoin had a significant crash price in the crypto market which left a lot of traders selling as quickly as possible to prevent further impact.

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Nigeria still remains the country in Africa with the highest trade-in bitcoins and cryptocurrency.