Green Crypto For Nigeria

Nwaozuzu Evans
Dec 15, 2020

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As a digital medium for exchange, Cryptocurrency has generated a lot of opinions, such as folks who think its a financial means for fraudsters and criminals. After observing the increment in the value of bitcoin, cryptocurrency has proven to impact positively to the wallets and trading practices of investors worldwide. Crptocurrency will benefit Nigeria in the following ways:

Privacy in Transaction: In crypto, there is no leek of information, transactions and exchange is between two parties and information is transmitted through ‘push’ basis. Moreover, data miners who generates bitcoin and crptocurrencies recieve their compensation from the crpto network involved, it entails NO TRANSACTION FEE except for third parties.

Ease in International Trade: Using the peer-to-peer mechanism of blockchain, cross border transactions is conducted without complications over currency exchange fluctuations. And single handed, you are in charge unless you delegate management.

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