Young Nigerians have made up a large part of crypto trading volume, and they tend to ignore local exchanges, according to Paxful.
The largest stock exchange in Nigeria – Nigerian Exchange Ltd. – will reportedly roll out a blockchain-enabled trading platform next year to facilitate the capital market and attract young investors. The main application of the distributed-ledger technology will be in trade settlements, the company revealed.
Jay Zhuang is a journalist and artist with a background in digital art curation. He started writing about cryptocurrency in 2020 and began contributing to DAOs in 2021. He can be reached on Twitter.
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