Buy bitcoins in nigeria local bitoins

BitPesa is a Bitcoin remittance company. Once you locate a seller, you meet up in-person and conduct the trade. Depending on your needs, the best Nigerian Bitcoin exchange for one person may not be the best for another. Bitcoin has gained immense popularity ever since it was founded by Satoshi Nakamoto almost a decade ago in response to the financial crisis of

The State of Bitcoin in Nigeria

In Nigeria, you can find bitcoin startups, digital currency exchanges, meetups, conferences, and a continuously rising demand for bitcoin. Unlike in many African countries, where bitcoin trading is often limited to Whatsapp groups and social media networks, Nigeria has a multitude of exchanges where locals can buy bitcoin with nairas. In this article, you bitoiins discover the most active and most secure digital currency exchanges you can use to buy bitcoin in Nigeria. Visit Their Website. What exactly can you, as a user, accomplish at Ice3x? The operation is suited for the frequent trading of these currency pairs too, though it is also a sensible destination to those looking to invest into crypto currencies long-term, in Africa. Once signed up, you will receive an email to verify your account.

The State of Bitcoin in Nigeria

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?

In Nigeria, you can find nigeira startups, digital currency exchanges, meetups, conferences, and a continuously rising demand for bitcoin. Unlike in many African countries, where bitcoin trading is often limited to Whatsapp groups and social media networks, Nigeria has a multitude of exchanges where locals can buy bitcoin with nairas. In this article, you will discover the most active and most secure digital currency exchanges you can use to buy bitcoin in Nigeria.

Visit Their Website. What exactly can you, as a user, accomplish at Ice3x? The operation is suited for the frequent trading of these currency pairs too, though it is also a sensible destination to those looking to invest into crypto currencies long-term, in Africa. Once signed up, you will receive an email to verify your account. After successfully funding your account, you can proceed nigerria place a buy order. Visit Ice3x.

NairaEx is the largest Bitcoin exchange in Nigeria. Its customers can purchase bitcoins with Perfect Money, bank transfer or with cash via bank deposit. The exchange was founded in and is simple and easy to navigate with an inbuilt real-time exchange rate of bitcoin to naira. Buying bitcoin on NairaEx is very simple. Upon confirmation lcoal your order, the transaction will be initiated and once it has been completed your account will be funded with the bitcoin you just bought.

They target a global expansion, so you should see many more countries in the upcoming time. At jigeria moment, this is a very busy and popular service in bitoiins developing markets like Vietnam, Malaysia, or India. After keying in your desired volume and bitcoin address, a list of top sellers will be listed below depending locall the rating. You will then click on any seller you wish and proceed to make payment.

After successfully making your bbitcoins, Remitano will then release the funds to the seller and you receive your bitcoin. Visit Remitano Website. It is one of the exchange Bitoihs highly recommend bifcoins buy Bitcoin. They have been around since They are present in ih 40 countries and have served over 30 million users. Their platform is user-friendly and they have an app to increase ease of use.

It is designed in such a way that newcomers to bitcoin can easily use the wallet. Visit Luno Website. Bitkoin Africa is Person-to-Person P2P cryptocurrency trading platform where users can sell and buy cryptocurrency from kn users. Africa based in Lagos, Nigeria and cater to Nigerians in Nigeria who are interested in trading cryptocurrency. The exchange was launched in October and has since seen substantial user uptake in Nigeria.

Users are assured of instant settlements on all trades, without the need to communicate with corresponding buyers or sellers. This makes us the only Bitcoin exchange platform to bring instant payments and settlements on all Bitcoin trades to Africa. Visit Bitcoin. Africa Website. NGexchanger is a leading and most trusted e-currency service provider in Nigeria, specializing in the buying, selling and exchanging of e-currency in Nigeria.

We have vast knowledge and experience in e-currency services and driven by a vision to provide reliable and affordable e-currency exchange services and have adopted several mission objectives to achieve. We treat every of our bltcoins in a unique and special way. To buy bitcoin from the platform, you will need to create an account and get the account verified by uploading a valid ID card. However, you can still buy bitcoin without having a verified account.

Follow these simple nigera to buy bitcoin on NGExchanger:. Visit Ngexchanger. Instant Gold Nigeria is a total e-business solution provider that specializes in the provision of fast, reliable and efficient e-currency exchange service to the clients who desire to buy and sell nigerix with ease. IntantGoldNigeria is a reputable exchange to buy bitcoins in Nigeria.

Visit InstantGold Website. BitPesa is a Bitcoin remittance company. BitPesa also has nigeriaa presence in 2 other African countries. In Nigeria, bitolns can use BitPesa to buy bitcoins with your debit card or Paga account. Purchase method for Kenya is coming soon. Sending payments in and out of Africa has always been a difficult process. They rely on traditional financial processes, converting local currency into US dollars, passing it through multiple banks, and then converting it back into its destination currency.

Visit Bitpesa. Exchange directions for both Perfectmoney and Bitcoin on wink site are automated. Wink Payment have a modern epayment system that supports internal transfer where customers from over the world can use electronic payment for ecurrency and cryptocurrency funding.

Wink Payment customer can be rest assured that all transactions made on our site are secured, with years of experience in online and offline businesses, you can be in no better place.

Visit Winkpayment Website. They are the world largest bitcoin exchange with a presence in countries. Their Operation is like that of Remitano above in that they connect buyers and the sellers using the escrow. LocalBitcoins is the very first site where people bought Bitcoins in Nigeria. They also provide Bitcoin wallet for users. To buy bitcoin on LocalBitcoins exchange, you need to create an account on the platform, verify your identity, click on any seller on the homepage that is willing to sell you bitcoin at a price you feel comfortable with and a payment method that works for you.

You can choose whether or not to proceed with the particular buyer depending on how comfortable you are with these terms. Visit Localbitcoins Website. Then you enter the naira amount of bitcoin you intend to purchase and select the payment method you would like to use. Just like on LocalBitcoins, the reputations of sellers are scored and it is highly advisable that you select buyers with high reputation to locap. You then select a seller and begin your purchase order. Nigedia trade details will then pop-up on the left-side of the screen and a chat box on the right side of bitcoin screen where you can chat bitckins the seller so you can both track the stages of transaction execution.

Visit Buy bitcoins in nigeria local bitoins Website. Their customer service is excellent and their speed of transaction is commendable.

They way they function is that you initiate ln transaction on their website and complete it over WhatsApp with their rep. Visit bitoiins Website.

Mail us: support coinworldstory. We can not be responsible for any issues or loss from the use of information contained on Coinworldstory. Sign in. Log into your account. Password recovery. Forgot your password? Get help. Buy Bitcoin. By Coinworldstory. June 17, Wink Payment. About Nairaswipe. Read. Formerly called MoneyBooker, this nigeeia has more than Coinworldstory Coinworldstory. Thanks For Visiting Coinworldstory. Subscribe to our newsletter To be updated with all the latest news, offers and special announcements.

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Bitcoin Exchange Types | Their Pro and Cons

Visit NairaEx. Furthermore, Nigeria is building an interesting hub for virtual currencies, blockchain technology, and artificial intelligence. Additionally, the ATM may be located in central areas, leaving those in smaller cities without the chance of buying and purchasing virtual currencies. While Mycelium Local Trader works great in highly-populated areas, users in low population areas will have trouble finding sellers. Top up your mobile phone in Nigeria. NairaEx is the largest Bitcoin exchange in Nigeria. Only a legal professional can offer legal advice and Buy bitcoins in nigeria local bitoins Bitcoin Worldwide offers no such advice with respect to the contents of its website. However, high shipping fees led him to create a Nigeria-specific solution where customers can purchase items using Bitcoin without bitcouns to pay additional charges involved while bringing goods from outside the country. Visit Luno. Shopnow is an e-commerce platform in Nigeria based on the model of Overstock. The site charges a. Buy Bitcoin Worldwide does not offer legal advice. This created a major hassle for importers who needed to huy payments in foreign currencies such as the U. Cryptocurrencies such as Bitcoin work in a different way.