Exciting News for every Nigerian!
Bitcoin started is a digital and virtual currency that started in 2009 by Satoshi Nakamoto and it is currently making waves worldwide.
One Bitcoin is about 3.5 billion naira and 9,200 dollars currently, however, Bitcoin is mostly associated with complex technology and difficult ways to withdraw money, this is why the ATM launch is great news to Nigeria and Africa at large.
"Nigeria is the 8th country in the world and number one in Africa to have its own Bitcoin ATM."
The Chief Executive Officer of Block Stale, Nigeria’s leading blockchain company, Adekunle Daniel organized the event and could not contain his excitement at the launch at Ikorodu, Lagos on the 13th July 2020.
Daniel stated that the ATM machines were built with industry-standard components to allow the convenience and ease in operation for anyone trying to start a Bitcoin business in Nigeria. He also mentioned that he personally oversaw the design, manufacture and shipping of the ATM to Nigeria and assured that no one has to worry about any programming knowledge or back end problems while trading with the Bitcoin ATM.
Adekunle Daniel urged the government and the public to embrace cryptocurrency as a legal tender and key into the idea of digital currency and Blockchain technology in Nigeria. In his word “With this innovation, Nigeria ranks eighth in the world to experience the evolution of Bitcoin ATM which has brought global recognition to the country and Africa".
This is a big win for Nigeria, and it puts us at the spotlight of the world.
We hope for more of these innovations in the country.
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