how to sell bitcoin in nigeria
Well, you are in luck because of all the bitcoin exchanges that are out there now, we can only but recommend the best. Where To Sell Bitcoin In Nigeria. Buy funds with bitcoin. Some Other Trusted Apps to buy Bitcoin in Nigeria; Buying Refurbished Phones; Top 5 Apps To Buy And Sell Bitcoin in Nigeria 1. Step by step guide on how to sell Bitcoin and cash out directly to your Nigerian bank account in 10 minutes. Ever since cryptoban in Nigeria that CNB financial institution Free Bitcoin Wallet in Nigeria. How To Buy Or Sell Bitcoins In Nigeria. So if Kay wants to buy Bitcoin from any of the platforms, here’s how it would go: Kay would have registered and verified her account on any of the exchanges given above Local Bitcoins is a great option for buying and selling Bitcoin in Nigeria using btc college in varanasi a variety of payment methods. There are many Bitcoin exchanges and brokers you can sell your Bitcoin in Nigeria, but for the sake of this guide, I will guide you with Luno exchange platform. How To Buy And Sell Bitcoin In Nigeria. We’re based in Lagos, Nigeria to cater to people who are interested in buying and selling bitcoin in Nigeria. Selling Bitcoin with PayPal. They also sell Ethereum. Identity verification offers less privacy than other purchase methods in Nigeria. As of now, one can say their position is neutral to the extent that the government cannot control bitcoins. Bitcoin trade is not really new, but there are ways you can do the same thing differently. Luno. Since Bitcoin is very volatile, how to sell bitcoin in nigeria lots of traders have made money from it by selling high and buying low. It has been dubbed to be one of the safest and cost-effective ways to buy and sell Bitcoin in Nigeria. Luno also offers an instant sell feature. The deals to buy and sell Bitcoin in Nigeria have grown very common over the past year. In particular, NairaEX is the biggest Nigerian Bitcoin broker and is your best bet when it comes to Bitcoin exchanges in Nigeria. This … Fast, easy and safe. Meanwhile, I will recommend you make use of either Binance or Luno exchange, whenever you want to sell BTC. You’d be taken to the exchange panel. The first thing you need to realise is you do not need to buy a whole bitcoin at once. On Truexgold, you pay on the left and then, receive on the right. Register And Verify Your ID. Wrapping Up on How To Sell Bitcoin In Nigeria. Bitcoin exchanger services include Nairaex, Remitano and so on. A platform created to make buying and selling of Bitcoin accessible for anyone especially in Nigeria. You can buy bitcoin and also sell instantly using your bank card with no stress. 1.5k. Direct trades between Bitcoin users are also possible but exchanges have been designed to be seamless, efficient and provide value for your Naira. 9 Best Site to Buy Bitcoin In Nigeria. The banking regulator and issuer of Nigeria’s Naira notes and Kobo coins, the Central Bank of Nigeria, appears to actively discourage the use of Bitcoin in Nigeria. It employ advance technology in offering this services to crypto traders which aid instant selling of cryptocurrency into naira bank account with full or partial automation. 4. This guide will show you how and where to sell BTC instantly. One of the most common services offered is the trading of Bitcoin via cash. Nigeria is no exception. Buy and sell Bitcoin in Nigeria. Our platform has been developed with user-friendliness in mind. Its customers can purchase Bitcoins with Perfect Money, bank transfer or with cash via bank deposit. Industry analysts say that Nigeria is in the top 10 list of Bitcoin users globally [1]. Naija Tech News (NTN) on 19, and in content, Bitpatt: How to Buy/Sell Bitcoin in Nigeria, Bitcoin, Bitpatt, Buy, how to, Make Money, Sell. Let us look at the seven best websites you can sell and buy bitcoin online in Nigeria while ensuring your funds are safe. Some Other Trusted Apps to buy Bitcoin in Nigeria; Buying Refurbished Phones; Top 5 Apps To Buy And Sell Bitcoin in Nigeria 1. We’re based in Lagos, Nigeria to cater to people who are interested in buying and selling bitcoin in Nigeria. Bitcoin trade is not really new, but there are ways you can do the same thing differently. As designed by the latter, bitcoin is said to be a digital asset functioning as a form of currency. Your wallet will be funded instantly! Some users have suffered theft of their digital investments and were unable to retrieve them mainly due to the nature of bitcoin (unlike bank transactions). Busha. BlockNewsAfrica is a Ghanaian based media company that will provide information and data on the developments in the cryptocurrency and blockchain technology industry on the African Continent. The Binance exchange is an exchange founded in 2017 with a strong focus on exchanging Bitcoin cryptocurrency against Altcoins. Luno is a Bitcoin exchange that does not just have a presence in Nigeria alone, but most other countries like; South Africa, Singapore, Malaysia and Indonesia. The post How to Sell Bitcoins in Nigeria with Velocity on Jackocoins appeared first on BlockNewsAfrica. Previously called Bitx, Luno is another well trusted Bitcoin exchange service in Nigeria. One of the most trusted exchanges in Nigeria, Low fees; 0% for market makers and only 0% – 1% for market takers (depending on fiat currency). This exchange offers nearly all cryptocurrency pairs between different cryptocurrencies. Jackocoins is one of the best cryptocurrency exchange in Nigeria to sell your ETH, BTC and USDT at a high rate and with fast payment. Watch our tutorial how to easily buy Bitcoin . You can always refer to our content policy. There are a number of ways to sell Bitcoins in Nigeria. I recommend you read my NairaEx review to understand how this Nigerian Bitcoin broker operates. In this post, I listed the top 10 of the Best Exchanges to Buy Bitcoin in Nigeria 2020. In Uganda, you can buy with MTN or Airtel. Slightly higher prices than regular exchanges; premium for higher privacy. How to Sell Bitcoin in Nigeria To maximize your profit, do not sell Bitcoin when most people are selling them. If you are a beginner in Nigeria, getting around to invest in bitcoin can seem complicated but it is much easier when you break it down into steps. As soon as that is done, your account will be verified and your transaction limits will be increased as well. Binance is the most popular way to sell BTC in Nigeria. Interest by these big institutions has brought in new people into crypto space as well as bad actors. In this section, I’ll share with you 7 best sites to buy bitcoin online in Nigeria with a credit card or debit card, how to sell bitcoins instantly, more about bitcoin rate, bitcoin wallet, etc. Each bitcoin is divided into a unit of cryptocurrency known as Satoshis. After you do that, click on the “Sell” part. Apart from Bitcoin, NairaEx also sells Ethereum, Bitcoin Cash, just to mention a few. These Bitcoin ATMs have a restricted limit on how much you can withdraw, but for a small amount, this may be a good option. How To Buy Bitcoin & Sell Bitcoin in Nigeria June 5, 2019 November 9, 2020 Team bitcoin , buy , cryptocurrency , luno , nigeria Now that you already know what cryptocurrency is and also that bitcoin is the pioneering coin, you may have gotten the enthusiasm to buy bitcoin. Every time you receive crypto on your Jackocoin wallet,it will be sold at current price (USDT having the highest rate) and payment will be sent to default bank account. In this regard, bitcoin has been given alternative names including virtual currency, digital currency, cryptocurrency, electronic currency and digital cash. For example, RedimIT accepts Bitcoins and dozens of other cryptocurrencies like Bitcoin Cash, Ethereum, Litecoin, etc. Login to your NairaEx account, click on create new order. There are thousands of merchants that accept bitcoin across the world. TheBitcoinNews.com – Bitcoin News source since 2012. The exchange is based in Nigeria with branches in Ghana, UK, and USA. Note: Recently, it now does offer some fiat currency withdrawals, but most of the pairs are between cryptocurrencies. Jackobian is the active and fast platform you really need, to exchange your crypto to naira in a very fast manner without restriction and limit. What is FTX Token (FTT)? After the sales, your Naira wallet gets credited Brands, products or services mentioned in this article may pay me some commission at no extra cost to you. Buy Bitcoin with any payment option including Amazon Gift Card, iTunes Gift Card and Bank transfer! It depends on what you are looking for. Best app to sell Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) in Nigeria – Jackocoins. Get Funded! Bitcoin is divisible . It has been dubbed to be one of the safest and cost-effective ways to buy and sell Bitcoin in Nigeria. That is why I’m letting you in on information about selling Bitcoin, like the site you need to be on for your Bitcoin trade, and how you should consider rates (before anything else) when you make the decision to buy or sell. It is one of the most trusted exchange worldwide. Email: hello@nairaswitch.com. SHARES . This is a sponsored article. How to Sell Bitcoins in Nigeria with Velocity on Jackocoins. To find where to sell a gift card, bitcoin and cash app in Nigeria is not a difficult task. Users risks the possibility of being scammed, Harder to buy large amounts of Bitcoins compared to other exchanges. One major concern for bitcoin users is SAFETY. Jackocoins is one of the best cryptocurrency exchange in Nigeria to sell your ETH, BTC and USDT at a high rate and with fast payment. It offers maximum of 1% fees for market takers, meaning you can avoid fees if you place a sell order then wait for a buyer to take it. Here is another Bitcoin exchange where you can buy and sell Bitcoin in Ghana. How To Trade Bitcoin On Binance Buy/Sell In Nigeria 2021 Using Peer-to-peer (P2P). Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Nigerians blast Buhari govt for banning sale, buying of bitcoin, other Cryptos Don't Miss Ohanaeze Youths condole Senator Ekweremadu, Enugu government over commissioner’s death Another best exchange to buy and sell bitcoin in Nigeria for as low as N500 startup capital is roqqu. Are you searching for where you can sell Bitcoin for cash deposit? On Aug. 18, 2008, the Bitcoin.org domain was registered by an anonymous entity as a precursor to the body of work that would describe the intricacies of the Bitcoin protocol. Where to sell Bitcoin in Nigeria. You Must be a Nigerian: 2. 3. That is why I’m letting you in on information about selling Bitcoin, like the site you need to be on for your Bitcoin trade, and how you should consider rates (before anything else) when you make the decision to buy or sell. Bitcoin is divisible . However, we recommend using a reputable exchange, such as Bitkoin Africa or Remitano. You can choose either a peer-to-peer exchange, an instant buy/sell or an order book exchange. Our step-by-step process will help you buy and sell cryptocurrencies with ease. If you make use of the link I just gave you for registration on Luno exchange, both of us will get N200 worth added to our accounts on the platform. by BlockNewsAfrica. BitPesa also has a presence in 2 other African countries. Bank Transfer. Sell Ethereum in Nigeria Instantly. In-person trades require no personal information. REMITANO. Do let me know if you have any other questions regarding selling Bitcoin. Purchases of bitcoin can be made quickly via cash deposit. The amount you can buy from different exchanges can vary. Ethereum price stays stable at around US$1,800 despite mounting fee concerns. First of all, if you don’t have an account already, then you should create account on Luno. To learn more about how this Person-to-Person Bitcoin marketplace works, you should read my LocalBitcoins comprehensive review. Sell bitcoin for cash payment in nigeria Converting 1 btc to naira fiat money so easy in nigeria, we are the best solution for where to sell bitcoin & receive quick cash payment bank deposit. This top 10 was selected after a careful review of over 80 bitcoin exchanges in Nigeria.. From my over 4 years of experience in cryptocurrency trading, these are the most efficient, reliable, reputable, and safest exchanges used by most Nigerians. This service is known all over the world, and it helps connect Bitcoin buyers and sellers. Before we start, there are list of things you will need before learning how and where to sell Bitcoin for cash in Nigeria. This platform is exclusive designed and targeted at Nigerians only. If you follow all these steps perfectly, you will definitely get an alert in your bank app, or from your bank account through SMS. How To Buy Or Sell Bitcoins In Nigeria 1 Register And Verify Your ID Sign up and go through a very simple and interactive identity verification process and start trading immidiately! NairaEx is an e-currency exchange service provider that it’s headquarter is situated in Abeokuta, Ogun State, Nigeria. 1. RedimIT is the fastest and most secure exchange platform where users can buy and sell bitcoin instantly in Nigeria with Naira. 0. Another platform that is very famous in Nigeria to buy and sell Bitcoin is LocalBitcoins. A crypto wallet/address: 3. This includes specifying the price at which you want to sell your coins. We understand the importance of building a secured and safe platform which is why we thrive to provide a reliable platform to … Quidax is one of Nigeria’s newest cryptocurrency exchange providers. You can find Bitcoin ATM using a specific map designed to locate Bitcoin machines. Once the transaction passes all confirmation, you will receive your BTC. They represent an easy, secure, reliable and fast way for new and old customers to buy/sell bitcoins in Nigeria using naira. NairaEx is the largest Bitcoin broker in Nigeria. Click Here To Get Started With LocalBitcoins. 1. Visit PAXFUL to buy and sell your bitcoins in Nigeria and other digital currencies like ethereum, litecoins etc. In Nigeria, you can use BitPesa to buy bitcoins with your debit card or Paga account. There are several Bitcoin exchanges based in Nigeria, making it easy to buy and sell BTC. In this post, I listed the top 10 of the Best Exchanges to Buy Bitcoin in Nigeria 2020. Our map makes it super easy to find a Bitcoin ATM near you. 0. Get a wallet. If you are searching for best mobile app to easily sell popular cryptocurrency at high rate and with fast payment, Jackocoins is your answer. a) Click on top right menu button > bank account, Save Popularly used payment methods in Nigeria. Just so you know, this website is reader supported! Bitcoin ATMs often have 5-10% fees per purchase. It is a powerful and seamless trading platform that bridges the world of fiat and crypto. How to sell Ethereum, Bitcoin and Tether Instantly in Nigeria Using Jackocoins. The process of selling entails the following steps: Sign Up for an Account With a Bitcoin Exchange Just click on the “Sell” on your Luno app and see at what rate Luno is buying from you, you can then proceed. Why Invest in Bitcoin in Nigeria? Nairadirect has been in the bitcoin business for over ten years in Nigeria, making us one of the most reliable Bitcoin platforms to buy and sell Bitcoin in Nigeria. (Read our sponsored article policy). Website: www.nairaswitch.com. If you want to sell another cryptocurrency, you must first exchange it for Bitcoin in the appropriate section. Most of the platforms listed in this article can also be used for selling bitcoin. The main attraction of ExchangeIndeed is reliability. Buying BTC via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy Bitcoins in Nigeria and many more countries. If I must say, there are great number of cryptocurrency wallets in the market due to obvious competition, so you need be very careful while selecting wallets. Busha. How to Sell Bitcoin in Nigeria? How to Sell Bitcoins in Nigeria with Velocity on Jackocoins. As stated by The Economist in 2015, bitcoins … Paxful, a major bitcoin marketplace, says that Nigeria has the second largest volume of Bitcoin trading worldwide behind the United States. XoticXchange is the Nigeria’s fastest Bitcoin (BTC) exchanger. Why Jackocoins is one of the best place to sell your crypto for naira. Local Nigerian Bitcoin Exchanges. Bitcoin News. 6 Ways to Buy Bitcoin with Interac e-Transfer [Canada], 16 Best Crypto Blockchain Explorers [Tested & Confirmed], Paste the recipient wallet address on the wallet. A Regulatory ID Card: 5. October 29, 2020. in Sponsored. Buy Bitcoin now Read More. This service is known all over the world, and it helps connect Bitcoin buyers and sellers. Quidax makes it safe and easy to buy and sell Bitcoin, Ethereum, Ripple, Litecoin, and other cryptocurrencies using your local currency. One of the most common services offered is the trading of Bitcoin via cash. Localbitcoins allows for the in-person transaction of Bitcoin using an escrow service. Buy Bitcoin with. Originally, bitcoin came from Satoshi Nakamoto who is regarded as its inventor and original designer. That means Nigerians are buying and selling Bitcoin. These days, it is apparently very easy to sell Bitcoin. Tap on the Naira logo on the right. Share on Facebook Share on Twitter. This top 10 was selected after a careful review of over 80 bitcoin exchanges in Nigeria.. From my over 4 years of experience in cryptocurrency trading, these are the most efficient, reliable, reputable, and safest exchanges used by most Nigerians. The only time when it is hard to sell Bitcoin is when you are in a country where Bitcoin … You can buy bitcoin and also sell instantly using your bank card with no stress. TheBitcoinNews.com holds several Cryptocurrencies, and this … Repeat steps 1&2 above. – Definition, How To Buy and Store FTT, African DeFi Project Swirge Partners With JustLiquidity Ahead of Presale, Top 5 Peer-to-Peer (P2P) Cryptocurrency Exchanges in Africa. While there are other ways of buying bitcoin, experts recommend going through an exchange for beginners. Sell bitcoin in Nigeria with Easy Crypto . Paybis is a UK based digital exchange platform that allows Nigerians to purchase and sell various cryptocurrencies offering a large choice of payment methods. Moving to the next step, let’s say you are to receive your Bitcoin from an offline wallet into your Luno wallet, you will need to create a Bitcoin wallet by going to the wallet tab. Want free money Airdrops? They have been around for over 5 years and have a strong presence in over 40 countries. A platform created to make buying and selling of Bitcoin accessible for anyone especially in Nigeria. You can buy and sell Bitcoin easily via exchanges designed to allow you and sell and buy Bitcoin on demand. There are … Quidax boasts of been the simplest and most secure way to buy and sell Bitcoin, Ethereum, Ripple, and other altcoins in Nigeria. Buy and Sell Bitcoin (BTC) in Nigeria. Over the last couple of years, cryptocurrency, especially bitcoin has seen great fame. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%. is one of the most trusted,reliable and secure crypto exchange in Nigeria, offering exchange for bitcoin,ethereum,USDT and more crypto to be added with time, instantly into your naira bank account. N.B. Our step-by-step process will help you buy and sell cryptocurrencies with ease. How to sell Bitcoin in Nigeria To sell your Bitcoin, first of all, in the “Wallet” section, you should select the Bitcoin currency. This is the main reason for a bitcoin user to trade only on secured platforms; one of which is Easy Crypto Nigeria. You will be required to post an advertisement to get your offer listed. How to Sell Bitcoin on Luno. Bitcoin ATM is quick and easy way to buy BTC and they’re also private. Put in the amount in dollars for which you want to make a sale. by admin. 1. Note: use this mode when you want to accumulate and sell at once to save fee, ii) when wallet mode is OFF – it means all receiving crypto will be sold at the current price and payment made into default bank account after 1 blockchain confirmation, Step 4: Copy your crypto receiving address and start selling your cryptos to Jackocoins. Also, a lot of countries has put the proper law and legislation for selling Bitcoin. Just of recent,there is a massive interest in bitcoin from big institutions which move the price and setting up the bull run for the year. All rights reserved. © 2021 The Crypto Staunch. Jackocoin is available on both mobile app and website, follow below steps to start selling your cryptocurrency; Step 2: set up your default bank account. Luno Bitcoin. Save Share on Facebook Share on Twitter. If you are ready to start trading in Bitcoin currencies online, there are many exchangers online that allow you to buy or sell bitcoins. TheBitcoinNews.com – Bitcoin News source since 2012. The first thing you need to realise is you do not need to buy a whole bitcoin at once. Where to sell bitcoin in nigeria On Binance a global exchange that is available in Nigeria allows users to where to sell bitcoin in nigeria buy a fraction of one bitcoin from $15. Other than Bitcoin, you can purchase most popular cryptocurrencies like Litecoin, Ethereum, Bitcoin Cash, and many more. Luckily, the process of selling BTC is just as easy as buying. There’s no shortage of methods you can use when it comes to selling Bitcoins, but keep in mind that most Bitcoin transactions are very much irreversible and you need to be very careful. One method people search for online often, is how to sell Bitcoins and receive funds to your PayPal account. Save Share on Facebook Share on Twitter. I believe that with this guide, you now know how and where exactly to sell your Bitcoin cryptocurrency for cash in Nigeria, without loss of investment to theft or scammers. I have compiled a list of the best Bitcoin brokers and exchanges available in Nigeria, both locally-operated exchanges to worldwide market leaders with especially good offerings for Nigerians. If you are a beginner in Nigeria, getting around to invest in bitcoin can seem complicated but it is much easier when you break it down into steps. There are several exchanges in Nigeria where you can sell Bitcoin at the snap of a finger. Although bitcoin was designed by its originator to function as a currency, there are still disputes over its currency status. NairaEx is a leading Nigerian Bitcoin exchange where you can buy and sell Bitcoin, Litecoin, Bitcoin Cash, Ethereum and Perfect Money with Naira at best rate. (You can buy or sell bitcoins with Naira with us in Nigeria) How to send bitcoins to Nigeria: Once you bought the bitcoin, you can go ahead and create a bitcoin Sell order at NairaEx with the amount of bitcoin you are trying to send. Create Order. Cryptocurrency and blockchain news by Africa for Africans: We provide the latest news, updates, and developments from the African continent. Selling BTC in Nigeria Unfortunately, the We The Cryptos kiosk can only be used to buy bitcoin, not sell. Many people believe that recent financial innovations has the capabilities to enhance the world financial system in the nearest future. C) make default, Note: You can save multiple accounts detail, just make sure you set the default account when selling into different account. While creating the account, you will need to pass KYC (Know Your Customer) requirement by uploading your BVN (Bank Verification Number), Government Issued Documents etc. Selling your bitcoin on Redimit gives you the chance to benefit from a deep understanding of the market and customers’ needs through our regular blog posts. Buy Bitcoin, Perfect Money and Ethereum at the cheapest rate and enjoy the best experience. NairaEx is a Nigeria-based bitcoin exchange. Everyone who is into Bitcoin business knows how important it is to use secure crypto wallet to avoid investment scam and theft. Though, not all ATMs in Nigeria allow Bitcoin transactions. Roqqu offers a newbie-friendly easy to navigate user interface. Wrapping Up on How To Sell Bitcoin In Nigeria. Selling your bitcoin on Redimit gives you the chance to benefit from a deep understanding of the market and customers’ needs through our regular blog posts. 8. How to Sell bitcoin on Truexgold. High to infinite limits for exchange (depending on verification level). Simply click on what you want to buy or exchange and then choose how you want to pay us or be paid. 2. October 29, 2020. in Sponsored. Started operations in 2016 on the Jacobian forum, where customer trust is won which led to expansion into one of the cryptocurrency exchanges in Nigeria today. Millions of people on daily basis from every country of the world uses bitcoin to perform transactions.