Online Crypto Gambling Is Booming In Nigeria
Online gambling within Nigeria is a popular pastime. Nigeria has the highest rate of cryptocurrency ownership globally. Between July 2020 and July 2021, African countries received close to $105.6 billion worth of crypto.
Online Crypto Gambling is booming in Nigeria.
Online Crypto Gambling is booming in Nigeria. Many Nigerians are gambling with Bitcoin. They enjoy a number of benefits that gambling in traditional currencies does not. They can make quicker deposits and withdraw their winnings at a faster rate. It is also possible to enjoy fairer games and anonymity. The country has invested a lot in internet connectivity. This has helped the industry to grow.
Nigeria is the largest gambling market in Africa. 30% of the population placed sports bets every single day in 2014. Online sports betting is also popular in Nigeria. Cryptocurrency is a growing industry in the country. It is not a surprise that the two industries are becoming intertwined.