Nigeria's Bitcoin P2P Volume Soars to $400M in H1 2025: Ghana & Kenya Emerge as Key Markets

Nigeria continues to dominate the African Bitcoin peer-to-peer (P2P) market. According to Paxful, a leading P2P crypto exchange platform, Nigeria recorded a trading volume of $400 million in the first half of 2025. This signifies a strong and sustained interest in cryptocurrency, particularly Bitcoin, among Nigerian users.

The latest data from the peer-to-peer crypto exchange platform Paxful reveals that Nigeria’s bitcoin traded volumes in the first half of 2025 nearly topped $400 million. Nigeria nearly traded $400 million worth of bitcoin (BTC) in the first half of 2025, according to the most recent data from peer-to-peer cryptocurrency exchange platform, Paxful.

While Nigeria leads the pack, Ghana and Kenya are also showing significant growth in P2P Bitcoin trading. Further analysis will explore their market performance and the driving factors behind their increasing adoption rates.

Together with Nigeria’s growing volume of bitcoin traded via the peer-to-peer (P2P) exchange comes at a time when regulators are clamping down on financial institutions that are involved with Bitcoin transactions. This regulatory environment may be contributing to the growth of the P2P market as users seek alternative ways to access and trade Bitcoin.

Despite regulatory challenges, the demand for Bitcoin in Nigeria remains robust, solidifying its position as a major player in the global cryptocurrency landscape. We will continue to monitor the P2P Bitcoin trading volume across Africa and provide updates on emerging trends and market developments.

Keywords: Bitcoin, Nigeria, P2P, Paxful, Cryptocurrency, Trading Volume, Ghana, Kenya, H1 2025, Africa, Crypto Exchange, Peer-to-Peer, Regulations, BTC