Best website to buy bitcoin in nigeria

Coindirect is an all in one trading platform. This quality of Bitcoin has made the digital currency a big hit in the African nation of Nigeria. Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices.

The State of Bitcoin in Nigeria

There were only specific ways to get to it, with debit and credit cards almost out of nigedia question. After the enormous rise in popularity, that has changed. One thing that we have noticed with almost all of the Bitcoin exchange websites popular nigegia Nigerians is their pricing differs in real time. Instead, purchase Bitcoin from different places. In this post, we will show you 5 reputable websites where you can buy bitcoins with Naira in Nigeria.

Conclusion – Which of Then Should You Buy BTC from?

I have been buying and selling bitcoin in Nigeria since mid In this post, I screened out the fraudulent and inefficient ones and listed only the best of the best. My list is based on the exchange type, its efficiency, reputation, speed, customer support, public opinion and my personal experiences with them. So in this post, I will not only show you the best BTC exchanges in Nigeria but also educate you on the Bitcoin exchange types, their advantages and disadvantages. I am already excited, so if you are ready, let dive right in. But hold on, If you are like me, I sometimes do not like to read but watch the video.

Why is Bitcoin so popular in Nigeria?

There were only specific ways to get to it, with debit and credit cards almost out of the question. After the enormous rise in popularity, that has changed. One thing that we have noticed with almost all of the Bitcoin exchange websites popular to Nigerians is their pricing differs in real time. Instead, purchase Bitcoin from different places. In this post, we will show you 5 reputable websites where you can buy bitcoins with Naira in Nigeria.

LocalBitcoins is a peer-to-peer Bitcoin exchange startup company based in Helsinki, Finland. LocalBitcoins is best website to buy bitcoin in nigeria marketplace where users can buy and sell Bitcoins to byu from each.

Users, called traders, create advertisements with the price and the payment method they want to offer. There are hundreds of Nigerians on the platform buying and selling Bitcoin. You can browse their website for trade advertisements in your location, and go for a trader with a payment method you sebsite. Most Nigerian based traders on the platform prefer bank transfer method of payment to a Nigerian bank websitd details provided by the seller.

NairaEx is the biggest local Bitcoin exchange platform in Nigeria. NairaEx provides secure and reliable Bitcoin exchange services for Nigerians to buy and sell Bitcoin with Naira. Unlike LocalBitcoins that is regarded as a marketplace for Hest traders, NairaEx has its own stock one of the largest asset liquidity in the country websits is therefore not an intermediary.

On NairaEx, customers send and receive funding directly from the company, avoiding any brst of being scammed bircoin defraud. Before you can buy or sell your Bitcoins on NairaEx, you will need to get your own Bitcoin wallet. Luno facilitates Bitcoin storage and transactions such as buying, selling and paying through their Bitcoin wallet services.

They also operate exchanges between fiat money and bitcoin. Since NovemberLuno has also supported Ethereum which is the second most widely used cryptocurrency after Bitcoin. Bitkoin Africa is Person-to-Person P2P cryptocurrency trading platform where users can sell and buy cryptocurrency from other users. The goal of Bitkoin Africa is to provide a platform that serves users best website to buy bitcoin in nigeria — whether it is buying, selling, storing or transferring Bitcoin — too conveniently and quickly as possible.

Quidax boasts of been the simplest and most secure way to buy and sell bitcoin, ethereum, ripple and other altcoins in Nigeria. Please note that before you buy Bitcoin, you need to get a Bitcoin wallet by going to a site like Blockchain. If you know any popular Bitcoin exchange that accepts Naira payment that we might have missed, kindly besr us know in the comment box.

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Bitcoin Exchange Types | Their Pro and Cons

In simple words, Nigeria declared that certain assets were unworthy of spending money on. It has a young and growing population and a technological sector that is moving forward with the technological revolution that the world is experiencing. Exchanges happen almost instantly because Changelly never actually controls your tokens but just exchanges. Vest of Use. Ok Read. They are the world largest bitcoin exchange with a presence in countries. This ensures that the seller does not run away with your money.