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A Bitcoin is Worth 70% More in Nigeria Than in America, and Here is Why …

By Timothy Sohn Nov 28, 2016 7:07 PM EDT

(TechZim) – As I write this article a Bitcoin in Nigeria is trading at $1,280, $550 more than the price of a Bitcoin in the United States ($730), or 70 percent above its premium. Bitcoin in Nigeria has experienced a rapid surge in pricing characterized by high trading volumes on the Nigerian exchange, BitX.

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