Buy bitcoin in lagos

Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Frequently asked questions. Best Bitcoin Exchange We are among the very few indigenous bitcoin exchange platform in Nigeria that supports the buying and selling.

The State of Bitcoin in Nigeria

We may receive advertising compensation buyy 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?

Are you looking to purchase bitcoins or you have bitcoins you are willing to sell? Well, you are in luck because of all the bitcoin exchanges that are out there now , we can only but recommend the best. Not only that, it has integrated one of the most sophisticated blockchain API into its system such that each and every user has a unique bitcoin wallet! I am sure you understand what that means. Okay, incase you do not understand, every user can store bitcoins on the website in his own personal wallet.

The State of Bitcoin in Nigeria

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. LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers.

The most common method of payment for purchase is cash deposit. However, users may advertise trades for whichever payment method they prefer. Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country.

We may receive compensation when you use LocalBitcoins. Please visit LocalBitcoins for its exact pricing terms. NairaEx is the largest Bitcoin exchange in Nigeria. Its customers can purchase bitcoins with Perfect Money, bank transfer or with cash via bank deposit. BitPesa is a Bitcoin remittance company. BitPesa also has a presence in 2 other African countries. In Nigeria, you can use BitPesa to buy bitcoins with your debit card or Paga account. Purchase method for Kenya is coming soon.

You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they’re also private. Mycelium Local Trader helps you find local Bitcoin sellers. Once you locate a seller, you meet up in-person and conduct the trade. Mycelium charges absolutely no fees. While Mycelium Local Trader works great in highly-populated areas, users in low population areas will have trouble finding sellers.

Changelly lets you buy bitcoin with Litecoin, Dogecoin, altcoins and many other digital tokens. Changelly works in nearly every country but you will need another cryptocurrency in order to purchase bitcoins.

Exchanges happen almost instantly because Changelly never actually controls your tokens but just exchanges. Bitcoin has gained immense popularity ever since it was founded by Satoshi Nakamoto almost a decade ago in response to the financial crisis of With time, the digital currency has found its way into several financial markets along the globe as it is not controlled by a central regulatory authority, and its valuation is fixed by demand and supply on the open market.

This quality of Bitcoin has made the digital currency a big hit in the African nation of Nigeria. The government was hoping to protect itself against inflation with such a move, but it eventually backfired. Inflation eventually arrived and the government took other extreme measures such as managing foreign exchange demand. In simple words, Nigeria declared that certain assets were unworthy of spending money on. Additionally, banks imposed a limit on the foreign spends Nigerian customers were able to make.

This created a major hassle for importers who needed to make payments in foreign currencies such as the U. They were now left with an option to access the black market at much higher rates to access foreign currencies.

This is where Bitcoin stepped in, as it allowed Nigerian users to make payments to foreign suppliers without much hassle.

The massive rise in peer-to-peer Bitcoin payments in Nigeria last year is proof that there are a ton of merchants accepting the digital currency in the country. The low transaction fees associated with the cryptocurrency had encouraged more thanmerchants in Nigeria to accept Bitcoin payments before the end of The site supports over networks spread across countries. Minku, based out of the city of Lagos, is an online boutique and accessories company that sells its products across 16 countries globally also accepts Bitcoin.

Shopnow is an e-commerce platform in Nigeria based on the model of Overstock. However, high shipping fees led him to create a Nigeria-specific solution where customers can purchase items using Bitcoin without having to pay additional charges involved while bringing goods from outside the country. Nigeria is a classic example of a country where Bitcoin popularity has increased rapidly thanks to the problems and restrictions faced by citizens while using traditional currency.

The fact that users can easily purchase or sell Bitcoin in Nigeria with the help of bank transfers or debit cards, make payments for international purchases, and transact among each other because of the growing acceptability of this digital currency is proof buy bitcoin in lagos it will continue enjoying growth over.

Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Buy Bitcoin Worldwide is for educational purposes. Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices. Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisors, or hold any relevant distinction or title with respect to investing.

Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading. Buy Bitcoin Worldwide does not offer legal advice. Any such advice should be sought independently of visiting Buy Bitcoin Worldwide. Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect buy bitcoin in lagos the contents of its website.

Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet websites. Buy Bitcoin in Nigeria. Luno Popular. Ease of Use. Top up your mobile phone in Nigeria. LocalBitcoins Popular. Changelly Buy Bitcoin Changelly lets you buy bitcoin with Litecoin, Dogecoin, altcoins and many other digital tokens.

HOW TO BUY BITCOIN 2019 — Easy Ways to Invest In Cryptocurrency For Beginners!

Reasons to choose NairaDirect for your Crypto trading.

In simple words, Nigeria declared that certain assets were unworthy of spending ln on. It’s a new type of investment People are buying Bitcoin because it’s like digital gold. Please visit LocalBitcoins for its exact pricing terms. Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website. Before jumping into this page, an important disclosure. This quality of Bitcoin has made the digital currency a big hit in the African nation of Nigeria. Deposit Money. The bitcion of Bitcoin and other digital currencies are determined by supply and demand: the buyers who want a certain currency and the sellers who have that currency. Sign Up. We understand the importance of building a secured and safe platform which is why we thrive to provide a reliable platform to buy and sell Bitcoin at a very good rate. Ease of Use. Luno Popular. In Nigeria, you can use BitPesa to buy bitcoins with your debit card or Paga account. You can use our Bitcoin ATM map to buy bitcoins with cash. The leading bitcoin exchange platform, operating since Buy Bitcoin Worldwide buy bitcoin in lagos for educational purposes .