Quidax and IFS Data Shows Most Users Earn Under ₦250k, Stablecoins Lead, and CEX Is Preferred
TL;DR, The quidax report shows 85% of Nigerian crypto investors earn under ₦250k ($171) monthly, using crypto as a utility for survival, not for high-risk speculation. Nigerian users overwhelmingly prefer Centralized Exchanges (88%) for their security and ease of use, valuing trust and stability over the ideological benefits of P2P or DEX platforms. Stablecoins are…
