Busha Weekly; 19th November
Turkey (the country, not the bird) is pro-cryptocurrency! The Turkish people have always been keen on crypto adoption even though there was some initial reluctance from their government. They have however embraced digital currencies after seeing their utility in facilitating online payments. The average Turk is crypto-literate and their online payments sector fully adopted crypto payments after PayPal was banned in the country. Cryptocurrency payments have helped them cope with economic uncertainties arising from conflicts in the region and the diminishing value of the Lira.
Cryptocurrency is saving economies globally and is making cross-border payments smoother than ever before. There are over six thousand Bitcoin ATMs worldwide with over a thousand of them deployed since June. For clarity, a Bitcoin ATM lets you exchange your cash for Bitcoin and vice versa. The adoption wave is growing steadily and there’s no better time than now to own some cryptocurrency.
Busha is Nigeria’s top cryptocurrency exchange with support for over four different cryptocurrencies. We are making a difference by spreading crypto literacy. Our learning portal gives you all the basic information you need to get started on your journey.
Till next week!
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