Despite various rules put in place by some African countries to discourage their citizens from trading cryptocurrencies, they are still thriving.
A statement released by "documenting bitcoin", reveals that Africa is leading the world in peer-to-peer bitcoin trading volume growth this year so far.
Giving the unfair condition of the market in Africa especially Nigeria where the government has banned financial institutions from engaging in the buying or selling of crypto, this comes as a surprise.
I'm sure that not all of them are African who are doing trade there or the data is just a cover-up for the others who are actually not African. Actually, data such as that can be doctored nowadays and real things could not be traced. I mean, the real data that has the real statistic of the world in peer-to-peer bitcoin trading volume should come from not only one source. If that condition has been met, then you can tell the data is legit and if not, then more likely it's just a one-man show.