Online Crypto Gambling Is Booming In Nigeria

Author: Live Casino Direct
 
Online Crypto Gambling Is Booming In Nigeria
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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.