Davido to start Bitcoin trading company
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Davido to start Bitcoin trading company

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Davido to start Bitcoin trading company

Davido reveals why he cannot do giveaway during Coronavirus lockdown

Nigerian singer, David Adeleke, better known by his stage name Davido took to micro blogging platform, Twitter, to indicated interest in establishing a company dealing in Bitcoin Cryptocurrency trading.

Taking to his Twitter page on Tuesday, the billionaire’s son posted that he is seriously contemplating starting off a Bitcoin company.

He wrote:

Thinking of starting a Bitcoin trading company … let’s see ..

This is coming at a time when many Nigerians are delving onto the bitcoin platform as the cryptocurrency continues to rise in value.

Considered by many as a market-liberation tool while critics continue to demonize it by labeling it as dangerous and volatile, bitcoins are no longer a mystery for the modern world.

Meanwhile, Cryptocurrencies use blockchain technology and are decentralized, which means a financial authority does not regulate them.

According to a recent report by Statista.com, there are over 18 million bitcoins in the world, with a global value of approximately $118 billion. During December 2017, bitcoin reached an all-time high price of $20,000 for a single bitcoin since its creation in 2009.

The post Davido to start Bitcoin trading company appeared first on Within Nigeria.

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