Nigeria buying bitcoins

nigeria buying bitcoins

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. You can use our Bitcoin ATM map to buy bitcoins with cash. Depending on your needs, the best Nigerian Bitcoin exchange for one person may not be the best for another.

The State of Bitcoin in Nigeria

Verify your account by uploading a valid ID card gitcoins proof of address to perform higher transactions. We practice the true meaning of instantfunding once we receive your payment for an order. We treat every of our customer in a unique and special way. Though Blockvila synchronizes with online nigria exchanges every minute, we cannot guarantee absolute accuracy of the displayed exchange rates. You should always confirm current rates before making any transactions that could be affected by changes in the exchange rates.

Why is Bitcoin so popular in Nigeria?

nigeria buying bitcoins
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. So, I made a video of this post just for you, you can either watch the video below or skip it to read the text, the choice is yours.


Why is Bitcoin so popular in Nigeria?

Depending on your needs, the best Nigerian Bitcoin exchange for one person may not be the best for. Top up your mobile phone in Nigeria. Another platform that is very famous in Nigeria to buy and sell Bitcoin is LocalBitcoins. 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. Luno is one of the most popular crypto exchanges in the world and serves customers in Nigeria. LocalBitcoins is also a good alternative to buy and sell Bitcoin if the user is interested in privacy, the same as Bitcoin ATMs. This is a very easy method to purchase Bitcoins because ATMs do not ask for sensitive information or private data. Bitpesa is another good option. Deposit money Choose your nigeria buying bitcoins payment method like bank transfer or credit card deposit to top up your Luno Wallet. People all over the world use Bitcoin to send money to friends and family or buy things online.

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