How can I get Bitcoins easily in Nigeria?

Where can I buy Bitcoin easily in Nigeria?

NairaEx. NairaEx is the largest Bitcoin exchange in Nigeria. Its customers can purchase bitcoins with Perfect Money, bank transfer or with cash via bank deposit.

How much can I use to start Bitcoin in Nigeria?

You can start investing in Bitcoin with as low as N50 and can fund your account with either your debit or via bank transfer. All you need to do is Create an Account, Deposit Naira into your Wallet and then Buy Bitcoin.

Can I buy Bitcoin from my bank in Nigeria?

Nigerians can buy and trade crypto as they like, but they just can’t do it with their bank accounts. In February 2021, the Central Bank of Nigeria (CBN) released an announcement that restricts all commercial banks from carrying out any crypto transactions.

How do I buy Bitcoin in Nigeria now?

Buy Bitcoin in Nigeria From These Platforms

  1. LocalBitcoins. LocalBitcoins is a peer-to-peer platform that enables Nigerians (and other users) to buy and sell bitcoin among themselves. …
  2. Paxful. …
  3. Luno. …
  4. Binance. …
  5. Quidax. …
  6. BuyCoins. …
  7. Chipper Cash. …
  8. KuCoin.
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Can I buy Bitcoin of 5000 naira?

2. There’s fantastic news for those who are new to the crypto community: you can buy any fraction of a single bitcoin! And in Nigerian terms, as little as 5k’ (#5000) can buy fractions of BTC.

What is the cheapest way to buy Bitcoin in Nigeria?

How to Buy Bitcoin in Nigeria using Trusted Sites & Apps

  1. Paxful. Paxful is a secure peer-to-peer marketplace Bitcoin that started in 2015 by Ray Youssef and Artur Schaback. …
  2. Remitano. Remitano is a P2P bitcoin marketplace where you can buy and sell bitcoin easily and safely. …
  3. Binance. …
  4. Quidax. …
  5. Nairaex. …
  6. Blockvila. …
  7. Kraken. …
  8. Buycoins.

How do I transfer Bitcoin to my bank account in Nigeria?

To withdraw bitcoin into your bank account, simply rush to the home page and click on “More” under your BTC balance. Click on an option termed “Instant Sell”, put in the amount you want to sell in naira or in BTC, and confirm the amount. After confirming the amount you continue.

How do I start Bitcoin for beginners?

How to Invest in Bitcoin in 5 Steps

  1. Join a Bitcoin Exchange.
  2. Get a Bitcoin Wallet.
  3. Connect Your Wallet to a Bank Account.
  4. Place Your Bitcoin Order.
  5. Manage Your Bitcoin Investments.

What is the best Bitcoin wallet in Nigeria?

List of Best Bitcoin Wallets in Nigeria

  • Coinbase Wallet.
  • Luno Wallet.
  • Trust Wallet.
  • Buycoins Wallet.
  • Quidax Wallet.
  • Remitano Wallet.
  • Paxful Wallet.
  • Busha Wallet.

How do I buy Bitcoins with ATM?

Buying Bitcoins with a debit card through Coinbase

  1. Create a Coinbase account.
  2. Go to “settings” – “payment methods” and click “add payment method”
  3. Add you debit card.
  4. Confirm your debit card.
  5. Go to “buy/sell” and select the amount of Bitcoins you want to buy.
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Who is the richest Bitcoin trader in Nigeria?

Gaius Chibueze (born 3 March 1988) is an African businessman and entrepreneur. He is one of Africa’s most influential pioneers in cryptocurrency trading particularly Bitcoin. He is popularly known as Bitcoin Chief.

Gaius Chibueze
Spouse(s) Oluchi Augusta Chibueze ​ ​ ( m. 2016)​
Children 2

How much is one Bitcoin to a Naira?

1 Bitcoin to Nigerian Naira stats

Last 30 Days Last 90 Days
Average These are the average exchange rates of these two currencies for the last 30 and 90 days. 16,706,000 19,211,000
Volatility These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. 3.63% 3.30%

Can I buy Bitcoin online with a debit card in Nigeria?

Quidax is one of the exchanges that allow its users to buy Bitcoin using debit/credit cards.

Post Summary

  1. Sites to Buy Bitcoin with Credit/Debit Card.
  2. Quidax.
  3. Luno.
  4. Binance.
  5. Paybis.
  6. Changelly.
  7. Coindirect.
  8. BuyCoins.

Is Bitcoin legal in Nigeria 2021?

While banks and other financial institutions are banned in Nigeria from trading in cryptocurrencies, cryptocurrency is not illegal, but it is unregulated.

Which site can I buy Bitcoin?

Compare the Best Places to Buy Bitcoin

Company Currencies Transactions
Coinbase Best Overall 100+ Buy, Sell, Transfer
eToro Best for Beginners 17 Buy, Sell, Transfer
Robinhood Best for No Cost 7 Buy or Sell
Coinmama Best Instant 9 Buy, Sell, Transfer