Africa's largest economy, Nigeria, posted Bitcoin monthly P2P volumes of about $31 million
This dominant and decentralized currency has proven that people can be its driving force, as its users practically own the market.
High demand for Bitcoin by a growing number of Nigerians has led the unofficial crypto market to thrive.
An on-going phishing scam has already stolen more than 1,150,000 XRP from victims.
Cryptos are fast becoming more popular for payment transactions around the world and Nigeria has emerged Africa's biggest market.
Users can buy and sell Bitcoin (BTC) and Tether (USDT) using NGNT, a Naira pegged stablecoin.
Blockchain technology is slowly but surely moving beyond secure, seamless, transparent, trusted and convenient transactions.