Nigeria’s predominantly young tech-savvy population is one of the reasons cryptos have found widespread acceptance in the country. According to Statista, 32% of Nigerians are users of cryptocurrencies, the highest in the world.

Estimates show that of the top 10 countries for trading volumes, Nigeria ranked third after the US and Russia in 2020, generating more than US$400 million worth of transactions.

This wide adoption comes on the back of heavy regulations from the nation’s apex bank. However, a number of platforms are aiding the seamless adoption of cryptocurrency and this article highlights five of the most prominent ones in no particular order.

The use and trade of Bitcoin and Cryptocurrencies have continued to surge in Nigeria. Nigeria is becoming one of the big players in the crypto-verse. There are services for which you can make payments in cryptocurrencies here in Nigeria, these include hotel bills or online stores.

With the increasing adoption of Bitcoin, it has become a thing of necessity to take steps in order to keep your bitcoin safe. Many people have lost their assets because they chose the wrong Bitcoin wallet.

However, a number of platforms are aiding the seamless adoption of cryptocurrency and this article highlights five of the most prominent ones in no particular order.

Patricia

Patricia harnesses the power of cryptocurrency to create alternative solutions to financial infrastructure, digital payments and global E-commerce. The platform allows you to securely buy or sell Giftcards and Bitcoin of any value, store them in a BTC or Local Currency Wallet and smoothly switch between the two for everyday transactions like airtime, data and cable subscriptions. Patricia has over 100,000+ downloads on playstore.

Features Receive funds through your Patricia Bitcoin wallet, Multiple assets support
Fiat and Bitcoin wallets available Buy/Sell Gift Cards,Instant transactions Virtual and physical debit cards available.

Paychatik

Paychatik is one of the easiest, safest, and fastest crypto wallets to send, receive, swap, and build a cryptocurrency portfolio. Its goal is to provide direct and regulated access to the digital blockchain ecosystem.

Paychatik is a multichain, web3 wallet that enables users to take control of your crypto and use it however you wish.

Paychatik is the first cryptocurrency wallet where users can chat with beneficiaries before initiating a payment or approving payment requests and the best app to pay with crypto at low fees.

Founded by entrepreneur, Theoder Innocent Okechukwu, Paychatik is one of the unique modern crypto wallets that you can use to send and receive cryptocurrency payments through NFC (Near-Field Communication) for its users for easy transactions.

Some of the cryptocurrencies supported on Paychatik are: Bitcoin, Ethereum, Litecoin, Dogecoin, Ripple XRP, Shina Inu, BNB, Tether, Solana and others.

Features,Receive funds through your Paychatik Bitcoin wallet.Trade on their crypto exchange platform Inflowchange. Multiple assets support.