How To Buy And Sell Bitcoin In Nigeria [Complete Guide!]

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Bitcoin business is the real deal today. Many more Nigerians are getting aware by the day about this business, and some are already making a killing out of it. You too can join them and start making good, consistent income from bitcoin. There are several ways to make money from bitcoin; you can make money from bitcoin by mining, or you can buy bitcoin in Nigeria and start trading with it. If you like, you can also provide services and be paid in bitcoin.

How To Buy Bitcoin in Nigeria

The reason to buy bitcoin in Nigeria may not be to make money or trading; you may buy bitcoin to pay for goods or services. It is however certain that most of the people buying bitcoin today are only focused on investing it since there are projections that the value of bitcoin will rise tremendously in the future.

The focus of this write-up is on how to buy bitcoin in Nigeria. If you want to invest in bitcoin for future purpose, then you can follow the instructions provided in this write-up. Let us take a look at how and  where to buy bitcoin in Nigeria first.

 

1.Visit exchangers

Many of the currency exchanges in Nigeria now buy and sell bitcoin. You can visit them to buy bitcoin in Nigeria. There are many of them these days.  While some are legit, some other ones are fake. Before you patronize any exchanger, find out if they are reliable or not. Visit their websites to investigate their reliability.

Go online to read reviews provided about them by their past clients. Do not patronize them if the reviews about them are not good. Find out how long it takes them to process transactions; do not deal with them if you are not comfortable with their turnaround time.

 

 

how to buy bitcoin in NigeriaTheir customer service is also very important. When you want to buy bitcoin in Nigeria from any exchanger, find out if their telephone numbers are provided on their websites. Call their line to find out if the numbers are reachable.

Do not patronize them if they fail to pick their calls. A good exchanger website from where you can buy bitcoin in Nigeria must have different means by which you can contact them. Some very good ones also provide live chat services via which you can contact them very fast.

The rate at which exchangers sell their bitcoins differ. Before you buy bitcoin in Nigeria from any exchanger, compare the rates offered by several exchangers and go for the most affordable among them.  The cheaper you can get your bitcoin the better.

2. Buy from earners

As mentioned earlier, some individuals work and get paid in bitcoin. You can also buy your bitcoin from any of these individuals. Many of them will be willing to sell to you provided you offer them a good price. No matter how much they may demand the bitcoin, their rates are often cheaper than those of exchangers.

How To Buy And Sell Bitcoin In Nigeria

If you are ready to start trading in Bitcoin currencies online, there are many exchangers online that allow you to buy or sell bitcoins.

Bitcoin exchanger services include Nairaex, Remitano and so on.

Bitcoin exchanger platforms such as Remitano acts like a website that connects buyers to sellers and secure the seller’s bitcoin in Escrow which is released to your account, after they confirm they have received payment from the buyer.

Do not forget that exchangers are selling bitcoin to make a profit, but these individuals are to selling to make a profit. So, you can also consider them when you want to buy bitcoin in Nigeria. Make sure you know the identity of the bitcoin before you do business with the individual.

In Conclusion…

Bitcoin business is the real deal today. Many more Nigerians are getting aware by the day about this business, and some are already making a killing out of it. You too can join them and start making good, consistent income from bitcoin. There are several ways to make money from bitcoin; you can make money from bitcoin by mining, or you can buy bitcoin in Nigeria and start trading with it. If you like, you can also provide services and be paid in bitcoin.

 

 

 

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