Cryptocurrency adoption in Nigeria continues to grow despite government repression, and peer-to-peer (P2P) trading volume for Bitcoin recorded its second strongest week ever last month.
According to Google Trends data , Nigeria continues to rank according to search interest for the keyword "Bitcoin" at the time of this writing. P2P bitcoin trading denominated in the Nigerian Naira also grew steadily in 2021, With Nigeria ranking only behind the United States as the second largest market for peer-to-peer BTC trading, according to Useful Tulips.
The growing adoption of Bitcoin in Nigeria has helped sub-Saharan Africa become the leading region in terms of P2P volume, with weekly volume of $18.8 million to beat North America's $18 million last week.
