According to statista,nigeria is among the three countries with the highest number of cryptocurrency traders,so in the crypto business,nigeria can never be ignored because there are alot of cryptocurrency trading activities which exist in the country..
But in recent times,the traders from the country got the shock of their life when the central bank of nigeria said they were banning cryptocurrency trading in the country and that they will be banning accounts that gets involved in trading of cryptocurrency or transactions related to cryptocurrencies.......you can read the report here...https://www.bloomberg.com/news/articles/2021-02-05/nigerian-central-bank-orders-closure-of-cryptocurrency-accounts
So after the ban,whats next??how are nigerians still able to do crypto trading after there is a ban??
The answer is simple...they now get engaged in peer 2 peer (p2p) trading....
Many exchanges offer an awesome p2p trading platforms including binance,so many nigerians who are crypto traders now use various p2p exchanges to carry out their trading activities without fear of having their bank accounts getting closed by the central bank of nigeria......
And guess what??the p2p trading is even more effective in trading more than many nigerian crypto traders had expected,many of them now enjoy it,though the p2p trading comes with its own challenges but its worth it,and i like the fighting spirit of crypto traders in nigeria,they are so determined to become successful in the crypto world and they do not allow any world power to stop them from getting involved in cryptos..cryptos is the future....
I will say bravo to them and they deserve a kudos,investing in cryptos is a good decision and i am sure nigerians will keep doing everything possible to ensure they also benefits from the good things that crypto offers...