[2015-07-07] CD: BitX Launches Bitcoin Services in Nigeria

[Grand_Voyageur]

BitX Launches Bitcoin Services in Nigeria

BitX has launched services in Nigeria, a move that will enable local users to access the company's bitcoin wallet, exchange and API services.

The announcement comes roughly six months after the emerging markets-focused bitcoin services provider launched in Indonesia. Both countries had been on BitX's list of planned markets since April 2014.

BitX CEO Marcus Swanepoel expressed his optimism that Nigeria would soon become one of the company's leading markets due to its "fast-growing" and "highly entrepreneurial economy".

Full story: http://www.coindesk.com/bitx-bitcoin-nigeria/

[Lethn]

Oh dear, nothing against Nigeria, but lets be honest, that is pretty much the worst place to have a company anywhere near it lol though if they can get legit business good for them.

[Grand_Voyageur]

Oh dear, nothing against Nigeria, but lets be honest, that is pretty much the worst place to have a company anywhere near it lol though if they can get legit business good for them.

Really? Probably, BitX wish to tap on the market of exchanging into BTC all that Nigerian Princes money willing to leave their country. 

[RustyNomad]

Oh dear, nothing against Nigeria, but lets be honest, that is pretty much the worst place to have a company anywhere near it lol though if they can get legit business good for them.

Nigeria has the largest economy (or 2nd largest, depending on which figures you look at) in Africa so a very good reason to start operations there.