How to buy bitcoin cash in nigeria

how to buy bitcoin cash in nigeria

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. Login Sign up. Bitpesa is a Bitcoin remittance company that serves several countries in Africa, including Kenya, Nigeria , and Uganda. This can be positive for the cryptocurrency world in general, but it means that it will be necessary to provide private information to a centralized party. 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. Spreading of FUD by media, negative press from influential people, banning of crypto by certain countries regulation and hacking of altcoin and exchange platforms has a negative effect on altcoin prices. Download the Coindirect app now.

The State of Bitcoin in Nigeria

Well, today might as well be your lucky day. The goal was to have a hassle-free transaction, but instead, I end up losing some of my money. Buying Bitcoin bjy several merchants in Nigeria can be risky because you stand the chance of falling a victim. In other to avoid this I recommend buying your Bitcoin with a credit card using Luno wallet. Luno, formerly BitX is a Bitcoin exchange company headquartered in London with operations in Nigeria, South Africa, and 38 other countries. Luno accepts Master or Visa Card from any bank and accepts Nigeria local currency. You can also cash your Bitcoin as Naira into your local bank account.

The State of Bitcoin in Nigeria

how to buy bitcoin cash in nigeria
If you are wondering about the different ways of how to buy Bitcoins, then this would serve as the perfect guide for you. You can buy Bitcoins through cash, credit card, debit card, wire transfer as well as through Paypal. Always do your own research regarding website security and downtime. Cryptsy Provide a safe environment for users to trade crypto-currencies with other users in an efficient and easy to use manner. Twitter here: Cryptsy buy bitcoin. Coins-E Coins-E has solid security. With two factor authentication, we guarantee to protect your account.

Bitcoin Cash Price

Well, today might as well be your lucky day. The goal was to have a hassle-free transaction, but instead, I end up losing some of my money. Buying Bitcoin from several merchants in Nigeria can be risky because you stand the chance of falling a victim. In other to avoid this I recommend buying your Bitcoin with a credit card using Luno wallet. Luno, formerly BitX is a Bitcoin exchange company headquartered in London with operations in Nigeria, South Africa, and 38 vash countries.

Luno accepts Master or Visa Card from any bank and accepts Nigeria local currency. You can also cash your Bitcoin as Naira into your local bank account. For now, Luno is still the cheapest bictoin exchange in Nigeria and they charge 1. The first thing you need to do now bitcoi to Visit Luno and set up an account…. Click on the get started button to nigedia a free account with Luno. After registration, a confirmation link will be sent to your email, click the link to confirm your account.

Upon login, you will need to verify your account through SMS code. After that, you will be directed to the above page. Click the PayU icon to deposit your hod into your Luno wallet. Input all the necessary card details and click continue. Your bank OTP will be sent to you to verify you are the one doing the transaction. After clicking the Next button its going to direct you to a success page and your account will be credit immediately.

Now refresh your wallet and niheria back to the homepage. At the home page, you should see something like the above image, hit the bitcoin logo to proceed to the next page. Choose what you want to buy. Just click the confirm button and wait for your bitcoin. Upon every transaction, a notification will b sent to your email to keep you Updated.

Buy Bitcoin. This other un allows you to exchange bitcoin with other altcoins using your hoa card. They include:. They are known for their fast transaction processing and easy to use Platform to exchange your cryptocurrency.

Binance is my one stop exchange site, virtually all my cryptos are exchanged on Binance. Visit Binance. Cryptopia is another huge exchange site you can easily use here in Nigeria. I call it an all in one platform. It as everything you will ever need when it comes to cryptocurrency. From trading platform to exchange and marketplace.

They focus on more user experience rather being a stop by exchange site. Hoe interface is friendly bitvoin easy to use. They virtually have hundreds on different altcoins you can buy at a cheaper price to later make profits in the nearest future.

Visit Cryptopia. Subscribe to our newsletter and learn how to have an additional source of income through e-commerce in How to buy bitcoin cash in nigeria. Great article, I love the fact that you explained with pictures, makes it very easy to understand… Binance UI is very confusing.

Your email address will not be published. Buying Bitcoin with Credit card in Nigeria with Luno By simple breakdown of how to buy bitcoin with credit card in Nigeria using Luno wallet. How to buy Bitcoin with credit card in Nigeria with Picture description The nigegia thing you need to do now is to Visit Luno and set up an account… Click on the get started button to register a free account with Luno.

Click the more button and proceed to deposit money. Input the amount you want to pay and click. Proceed by clicking… Continue to PayU. What you need to do now is exchange the deposited money for bitcoin. Here you need to input the Bitcoin equivalent bitcoim Naira and click the next button. Visit Binance Cryptopia is another huge exchange site you can easily use here in Nigeria. Love is sharing. Comments Great article, I love the fact that you explained with pictures, makes it very easy to understand… Binance UI is very confusing.

Take time and scroll through you should bitcoib used to it. Leave a Reply Cancel reply Your email address will not be published.

How to Buy or Sell Bitcoin Cash Anonymously in 2019

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This makes it bicoin of the most private and quick ways to buy or sell Bitcoin around the world. Shopnow is an e-commerce platform in Nigeria based on the model of Overstock. Purchase method for Kenya is coming soon. We may receive compensation when you use LocalBitcoins. Minku, based out of the city of Lagos, botcoin an online boutique and accessories company that sells its products across 16 countries globally also accepts Bitcoin. However, users may advertise trades for whichever payment method they prefer. This can be positive for the cryptocurrency world in general, but it means that it will be necessary to provide private information to a centralized party. Luno also offers an Instant Buy feature. The government was hoping to protect itself against inflation with such a move, but it eventually backfired. Localbitcoins allows for the in-person how to buy bitcoin cash in nigeria of Bitcoin using an escrow service. You need nigreia accept their usage to remove this notice. Bitcoin has been created as a deflationary currency to protect investors biy the unilateral decision of a government or central bank to print more money. Always research as much as possible before buying any coin. Once you locate a seller, you meet up in-person and conduct the trade. Visit Bitpesa. You can use our Bitcoin ATM map to buy bitcoins with cash. Additionally, banks imposed a limit niheria the foreign spends Nigerian customers were able to make.

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