Africa P2P Bitcoin Volumes are Exploding

Africa is joining the Bitcoin party

And they are mostly doing it outside of the centralized exchanges.

P2P bitcoin volume is up significantly in the past 3 months:

  • 125% in Nigeria
  • 199% in Kenya
  • 194% in South Africa
  • 257% in Ghana

(Source: https://twitter.com/kerooke/status/1277964516043583494)

Added all together this volume accounts for roughly $15 million worth of BTC transacting.

Africa is joining the bitcoin party indeed!


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  • @bigram13

    Seems like you need social unrest for bitcoin to do well. Like what is happening in the united states.