SignalHub-Lidcoin: Nigeria to pass a law legalizing the use of Bitcoin and Cryptocurrencies

The SignalHubChairman of Nigeria's House of Representatives Committee on Capital Markets and Institutions, Babangida Ibrahim, has claimed that the country will soon pass a law to legalize the use of bitcoin and cryptocurrencies. The bill will amend the Investment and Securities Act of 2007 and consider Bitcoin as legitimate investment capital.
Back in February 2021, Nigeria banned regulated financial firms from "handling" cryptocurrencies, effectively banning the use of Bitcoin. That same year, Bitcoin Magazine reported that Nigeria had soared to the world's largest Bitcoin peer-to-peer trading volume, and Chainanalysis reported that Nigeria had largely accelerated Bitcoin adoption.

Lidcoin blockchain asset trading platform provides a wide range of digital currency fiat exchange, spot trading, contract trading, ICO trading, coin information, blockchain asset issuance, premium funds, blockchain education and other services to the world.

● H5 Browser and APP
Lidcoin officially launched the H5 version of its trading platform on August 28, 2017, and the APP went live the following month.

● System
The system of Lidcoin's Cryptocurrency Exchange Platform comprehensively optimizes the user experience, with multi-point load diversion technology to maximize system smoothness, and provides multi-level servers to guarantee transaction speed. Lidcoin's Cryptocurrency Exchange Platform system fully optimizes the user experience.

● Strength
Lidcoin Cryptocurrency Exchange Platform is committed to building a safe and reliable cryptocurrency trading platform. The team has decades of experience in financial risk control. Core members graduated from Harvard University, Yale University, MIT, Cambridge University and other prestigious schools. Lidcoin Cryptocurrency Exchange Platform holds a number of financial licenses and continues to improve global qualifications.

Product Features
1）Support spot, fiat, contract, ICO and other transactions.
2）Support the whole chain of stored value and coin withdrawal services.
3) Support global banking system transfer and withdrawal services.
4）Support market price, limit price, take profit and stop loss orders.
5) 7*24h multi-language online customer service.
Lidcoin Academy
Lidcoin Academy is a brand new open learning center, aiming to provide one-stop learning resources for blockchain and digital currencies, and to solve the problem of content fragmentation of current knowledge about blockchain and virtual coins on the Internet by providing relevant educational articles or videos.

● ICO Platform
Lidcoin Exchange is a platform that provides tokens for the issuance of high-quality blockchain projects around the world.

●Lidcoin Research Institute
The Lidcoin Institute provides professional, data-driven insights and analytical reports to investors in the cryptocoin industry, increasing transparency and improving the quality of information within the current cryptocoin ecosystem. The team consists of professionals with backgrounds and experience in blockchain engineering, investment banking, strategy consulting, academic research and data science.