RE: Steemit Crypto Academy Contest / S7W1 - Practical Guide on the best way to buy STEEM in Nigeria
@simonnwigwe Dear brother, I have read your article and you have written very well, and you have added very good points in the challenge post. I think cryptocurrency adoption in Nigeria is high, especially among young people. The government initially tried to fight it, but it has become increasingly accepted. The lockdown period in 2020 also led to a rise in interest and adoption as it provided a way for people to make money. Nigeria is among the top 10 countries in terms of cryptocurrency usage, and there are many groups and platforms, such as Facebook, Telegram, and WhatsApp, that educate and guide people on how to make money through cryptocurrency. The steem token is particularly popular in Nigeria because it rewards content creators and provides a way for people to earn a living.
P2P, Centralized Exchange and Decentralized Exchange are all methods to purchase crypto assets. P2P transactions involve buying from a peer, with the exchange acting as an intermediary. Centralized exchanges also involve intermediaries, while Decentralized exchanges use smart contracts to facilitate transactions without the need for a third party. CashLink (Bundle App) is a marketplace provided by Binance that allows users to purchase crypto assets using a merchant, with a small fee. Best of luck 🙂🙂🙂
Thanks for your comment and contributions my friend.