Nigerian Exchange Ltd. plans to start a blockchain-enabled exchange platform next year to deepen trade and lure young investors to the market.
“For a lot of young and upcoming Nigerians, that is the kind of technology they adopt and we want to see how we can deploy it to grow our market,” Temi said. Nigerians traded $185 million of Bitcoins on the platform in the first three months of the year, accounting for a quarter of transactions in the period on Paxful.
Digitizing transactions will help attract young buyers looking for diversified products as well as fast and easy access to the market, Popoola said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: