Month: March 2021

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How is Cryptocurrency a threat to Nigerian Banks and the Naira?

According to a recent survey carried out by the Research & Development team at Coinnest Africa, 38% of crypto enthusiasts believe that crypto is a big threat to the local currency (Naira). More than 60% of the survey respondents feel that the recent move by the Central Bank of Nigeria to stifle crypto operations in

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Common Bitcoin Scams: How to Spot and Avoid them

Crypto transactions are a fast, hardly trackable way of transferring funds across the globe. That’s why this is such an attractive asset to “bad actors”. At Coinnest Africa, we always go the extra mile to protect your funds and data, however, you should be exclusively responsible for securing access to your own account and assets.