Paxful is one of the leading peer-to-peer bitcoin exchanges in Nigeria with lots of customers who are always kept satisfied. Transactions are very easy and fast. It is also very secure with escrow services. See: How To buy Bitcoins In Nigeria With PAXFUL. Luno is a Bitcoin exchange with a presence in South Africa, Singapore, Nigeria, Malaysia and Indonesia. It offers 0% fees for market makers, meaning you can avoid fees if you place a buy order then wait for a seller to take it. Luno also offers an Instant Buy feature. . Feb 11, · Luno is a cryptocurrency exchange/wallet provider. It was launched in as BitX. The company is headquartered in Singapore and has spread to several parts of the world. Luno records its highest trade volume in South Africa, followed closely by Nigeria.
Best place to trade bitcoin in nigeria9 Best Sites to Sell and Buy Bitcoin Online In Nigeria - Oasdom
On NairaEx, customers send and receive funding directly from the company, avoiding any risk of being scammed or defraud. Before you can buy or sell your Bitcoins on NairaEx, you will need to get your own Bitcoin wallet. Luno facilitates Bitcoin storage and transactions such as buying, selling and paying through their Bitcoin wallet services.
They also operate exchanges between fiat money and bitcoin. Since November , Luno has also supported Ethereum which is the second most widely used cryptocurrency after Bitcoin. Bitkoin Africa is Person-to-Person P2P cryptocurrency trading platform where users can sell and buy cryptocurrency from other users. The goal of Bitkoin Africa is to provide a platform that serves users needs — whether it is buying, selling, storing or transferring Bitcoin — as conveniently and quickly as possible.
Quidax boasts of been the simplest and most secure way to buy and sell Bitcoin, Ethereum, Ripple, and other altcoins in Nigeria. Please note that before you buy Bitcoin, you need to get a Bitcoin wallet by going to a site like Blockchain.
T here are several platforms and exchanges available in Nigeria through which you can buy and sell bitcoins at good prices. However, there are wide gaps between the rates of these platforms and you should try to buy at the best rates possible.
Here are some of the exchanges with the cheapest and best bitcoin rates in Nigeria:. Paxful is one of the leading peer-to-peer bitcoin exchanges in Nigeria with lots of customers who are always kept satisfied.
Transactions are very easy and fast. It is also very secure with escrow services. Localbitcoins is an extremely popular peer-to-peer bitcoin marketplace functioning all over the world.
It is one of the most reputable bitcoin marketplaces. Deriving most of its volume from South Africa, Luno is also popular in Nigeria and has recently expanded to service Bitcoiners in Uganda too. Add to this list Europe, Indonesia, and Malaysia, and you've got yourself an exchange worth considering.
Luno aims to provide a competing service to Coinbase , and has made its offerings available in many countries not served by the larger exchange. Since our original in-depth review of Luno , they've added support for Litecoin , which along with Bitcoin, Ethereum, and XRP are available for trading. Notably, Luno allows you to purchase crypto using a credit card. You can deposit and withdraw directly to a bank account.
Luno also offers Paystack and PayU deposits for Nigerian customers. These fees are very competitive compared to other exchanges. This puts it in rd place out of in Nomics' review of exchanges by liquidity and transparency. Luno boasts a clean trading interface in the same style as most, meaning you shouldn't have much trouble switching over from a different exchange.
You can trade on the Luno app, which is available for iOS and Android. More advanced features include API integration for automated trading, liquidity depth indicators, and the ability to export your trade history in a.
Local Bitcoins is a great option for buying and selling Bitcoin in Nigeria using a variety of payment methods. Once a deal is opened, the seller will fund the escrow wallet with the Bitcoin to be bought.
The buyer will transfer the money and once the seller confirms receipt they will release the BTC. Should there be any disagreement, the BTC will stay locked in escrow until a solution is found, which may require LocalBitcoins stepping in to act as mediators. Recently, Binance has been greatly expanding its support for Nigerian users. These events are run by local experts and aim to educate and raise awareness about Bitcoin and blockchain.
Complementing its education program, Binance has also made it easier than ever for Nigerians to buy, sell, and trade crypto on its platform. You can now deposit NGN directly into your Binance account using a credit or debit card, following a partnership with Flutterwave.
In Sub-Saharan Africa, about 95 million people remain unbanked while many regions in the area, including Nigeria, have embraced new technologies with an increasing amount of innovation.
Working with Flutterwave will help bridge the fiat-to-cryptocurrency gap and we hope to stimulate more financial inclusion as Africa demonstrates strong potential in leading crypto adoption. In addition to allowing users to buy Bitcoin with a debit or credit card, Binance also has a peer-to-peer P2P marketplace, similar to Paxful or LocalBitcoins.
The price you see is the price you get. Binance has a useful support guide for P2P trading here. Binance's strong advocacy programs and the fact that it makes an effort to cater to under-served users who can most benefit from Bitcoin means that the exchange stands out from the pack. The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. Atomic wallet is a multicurrency mobile wallet with a beautiful interface and easy to use features.
Electrum is a Bitcoin-only wallet that has been around since It's easy to use, but has advanced features.