Busha is a cryptocurrency exchange platform that allows users in Nigeria to trade Bitcoin. It provides a straightforward interface for buying and selling digital assets. Prestmit offers a simple and convenient way to buy Bitcoin in Nigeria.
- Traditional exchanges and peer-to-peer platforms may charge higher fees, eating into your profits.
- The price of bitcoin has dropped more than 60% in the last eight months, from as high as $69,000 to around $20,000.
- With no limits on the amount of Bitcoin you can sell, QxChange is the leading platform for converting Bitcoin to naira instantly.
- Adnan produces written content to review crypto projects and support the crypto community.
- 👉 Traders that use crypto CFDs could anticipate a price increase by placing a “Buy” order or a price decline by using a “Sell” order.
- 👉 New currencies and projects are added regularly, and you will discover popular coins like DeFi, NFT, and Polkadot that could not be mentioned elsewhere.
Bybit App: The Rising App for Bitcoin Trading
While newer to Nigeria than exchanges like Binance, Kraken has rapidly grown its African user base by providing a premium experience. Kraken then allows you to easily trade your naira for Bitcoin at the real exchange rate without surfing the invariable higher fees of P2P platforms. Buying Bitcoin in Nigeria has never been easier thanks to an influx of excellent cryptocurrency exchanges catering specifically to Nigerian customers. With inflation raging and the Naira in turmoil, many Nigerians are turning to digital assets like Bitcoin as a smart investment and store of value. You only need a few steps to buy and sell bitcoin with Yellow Card.
Quidax stores the vast majority of digital assets in secure offline cold storage to achieve Sell bitcoin in Nigeria security. OKX provides different services including Buy crypto, Spot/Margin/Futures trading, Pool, Earn, Wallets, DeFi, P2P trading, and more. Additionally, Flooz is an aggregator so it enables users to swap tokens at the best price across exchanges. This exchange allows people living in Nigeria to buy cryptocurrencies with naira in a fully decentralized way.
Best Crypto Apps in Nigeria
- Separate from other cryptocurrencies, known as altcoins, there is a designated section for Bitcoin.
- I’ve the KuCoin Bitcoin app for years, and I can confidently say it’s one of the most underrated apps out there.
- Adnan is a crypto enthusiast who is always keeping an eye on the latest developments in the crypto ecosystem.
- Already, over 60,000 people use Flooz and more than $140 million worth of transactions have been completed on the platform.
- KuCoin offers cheap trading costs that are among the lowest in the industry, which is one of the major advantages of the platform in Nigeria.
- Remitano is supported in more than 50 countries and is accessible on both iOS and Android.
What if we told you that you could cash in on your gift cards by selling or exchanging them for cash? Yes, you can now easily sell gift cards online at tradewithoba.com. Thanks to the growing popularity of gift cards, many people have started giving money in gift cards instead of gift products or cash for special events and festivals. On the other hand, some cash gift cards are from brands or stores that you dislike.
👉 A good Bitcoin broker has robust financial support, which necessitates a substantial capital basis. This ensures that your Bitcoin is secure and that the broker will not go bankrupt. 👉 The need for Bitcoin brokers has grown because of the thousands of individuals interested in investing in cryptocurrencies globally. 👉 New currencies and projects are added regularly, and you will discover popular coins like DeFi, NFT, and Polkadot that could not be mentioned elsewhere. MEXC was one of the first exchanges to offer several popular tokens, far ahead of the competition.
Thankfully, all hope is not lost and selling Bitcoin in Nigeria can be easy, fast, and profitable if you choose the right platform. In this guide, we’ll walk you through where and how to sell Bitcoin, focusing on getting the best rates and ensuring quick payments. Quidax’s security protocols, which include multi-factor authentication and cold storage for customer cash, are one of its distinguishing characteristics. The platform is also known for its quick, effective, low-fee, and high-liquidity transactions. The drawback of Quidax is that, in comparison to other platforms, it actually does not offer quick transactions.