Africa is a well-known player in the global cryptocurrency space. The continent’s performance is tied to its large youth population being eager to embrace digital opportunities and rising technologies, even though the use and adoption of cryptocurrencies have been particularly slowed by regulations and skepticism.
Through this research, Convexity took a look at Cryptocurrency and P2P markets in Nigeria, one of Africa’s most-performing regions, to reveal critical insights that answer the following questions:
- What has been the impact of Regulation on the P2P Market in Nigeria?
- What Factors are Driving the Adoption of Cryptocurrency in Nigeria?
- What is the market sentiment on Cryptocurrency and P2P Trading in Nigeria?
- Is there a Potential for Future P2P Growth?
Our research on ‘The State of Cryptocurrency and the P2P Market in Nigeria 2023’ is available for download here.