Depending on your needs, the best Nigerian Bitcoin exchange for one person may not be the best for another. The Nigerian exchange brand, markets itself as fast, secure and reliable. This could be a little bit uncomfortable for some individuals that are trying to preserve their identities and information.
The State of Bitcoin in Nigeria
There were only specific ways to get to it, with debit and credit cards almost out of the question. After nigeriah 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 nigeian with Naira in Nigeria. LocalBitcoins is a peer-to-peer Bitcoin exchange startup company based in Helsinki, Finland.
Hybrid Exchange Platforms
We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure. Don’t have a wallet? Luno also offers an Instant Buy feature. We may receive compensation when you use Luno. Please visit Luno for its exact pricing terms.
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 Buying bitcoin with nigerian currency exchange startup company based in Helsinki, Finland. LocalBitcoins is a marketplace where users can buy and sell Bitcoins to and 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 prefer.
Most Nigerian based traders on the platform prefer bank transfer method of payment to a Nigerian bank account 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 Bitcoin traders, NairaEx has its own stock one of the largest asset liquidity in the country and is buying bitcoin with nigerian currency not an intermediary. On NairaEx, customers send and receive funding directly from the company, avoiding any risk of being scammed or 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 needs — whether it is buying, selling, storing or transferring Bitcoin — as 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 let us know in the comment box.
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How to Turn Your Bitcoin Into Naira Instantly
Why is Bitcoin so popular in Nigeria?
Don’t have a wallet? Its customers can purchase bitcoins with Perfect Money, bank transfer or with cash via bank deposit. Visit Changelly. LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. Market takers pay a fee between 0 percent to 1 percent depending on the fiat currency used. The platform provides services to Nigerians interested in buying bitcoin. The buying bitcoin with nigerian currency platform offers the regular bitcoin exchange services and intends to offer a faster experience. Luno has a very positive reputation because of its low fees, being easy to use, and high limits. After signing up, select a seller who offers the amount of bitcoin you are willing to buy and then, begin your purchase order. Instead, the currencies are swapped in one transaction. These include the accepted payment options, fees, and trading limits. Top up your mobile phone in Nigeria. Save my name, email, and website in this browser for the next time I comment.
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