Buy bitcoin in nigeria

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The options to buy and sell bitcoin continue to increase in Nigeria and in other countries to eventually have everyone on a decentralized cryptocurrency worldwide. Transactions are completed within seconds when you exchange from bitcoin BTC to Verve in Nigeria and vice versa. An advance solution that gives you the ability to set the price at which you want instant users to buy bitcoin BTC with Verve in Nigeria.

Know a lot of people who want to buy or sell bitcoin in Nigeria? With our new affiliate program, you will have the most advanced tools in the market that will allow you to promote Pursa and generate commissions with us! Get started now. Pursa Exchange is a secure platform that makes it easy to buy, sell, convert or load card with bitcoin instantly in over countries. Coverage : EN FR.

Login Register Track FR. Interested in to sell bitcoin instead? Buy Bitcoin in Nigeria with Verve Buying bitcoin with Nigerian Naira NGN is going to continue to grow in Nigeria, along with cryptocurrency, blockchain and other non-valuable crypto buzz words.

Popular cities of Nigeria Abia. Adamawa State. Benue State. Edo State. Jigawa State. Kogi State. Ogun State. Rivers State. Abia State. Akwa Ibom. Bauchi State. Delta State. Gombe State. Katsina State. Nasarawa State. Oyo State. Yobe State. Abuja Federal Capital Territory. Akwa Ibom State. Borno State. Ekiti State. Kaduna State. Kwara State. Ondo State.

Sokoto State. Visit Quidax Here. BuyCoins features both peer-to-peer bitcoin and instant purchases. Or you can look through the marketplace, select a trade, and transact with another user. Visit Buycoins Here. Chipper Cash is a borderless way to send and receive money across Africa, including Nigeria. The platform recently allowed users to be able to buy bitcoin in the app. Check out our guide on how to buy and sell bitcoin with Chipper Cash.

Visit Chipper Cash Here. Visit KuCoin Here. Numerous payment methods like bank transfers, PayPal, TransferWise, supported fiat deposits, direct deposits, and M-Pesa makes CoinDirect a great platform to buy bitcoin in Nigeria. Users can also buy from the CoinDirect marketplace from other vendors and users.

Visit CoinDirect Here. The major payment method into the NairaEx wallet is via a virtual bank transfer which makes top-up instant. Visit NairaEx Here. BitPesa is an Africa crypto-exchange with over 26, users. The platform supports the purchase of Bitcoin from Nigeria and other African countries.

Users can pay with Paga or their debit card. However, BitPesa does not provide a Bitcoin wallet; users can create a third-party wallet to receive Bitcoin. Visit BitPesa Here. Bitsika allows users to make transactions, send and receive money across currencies, pay bills, create virtual cards , at low costs. Beyond that, you can buy and sell Bitcoin on the platform. In this post , we wrote about Bitsika being a universal money app.

Visit Bitsika Here. Bundle is a social payments app for cash and crypto. Hence, as a user, you can send, request, and receive Bitcoin on the platform. More importantly, you can buy Bitcoin from Nigeria after adding naira into your Bundle account. Visit Bundle Here. With YellowCard, you can buy and sell Bitcoin in Nigeria with bank transfer online or with cash in stores located nationwide at the best rates.

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As a beginner, you don't need a big range of features, and you can always sign up to other exchanges later. All of these exchanges are considered relatively beginner friendly and offer deposit methods in a variety of methods. You can see a list of exchanges in the table, which you can use to compare various features such as supported payment methods, security, fees and the number of different cryptocurrencies that they offer.

Once you have selected an exchange from the table, you can sign up for an account by selecting the "Go to site" button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address. You will then need to verify your identity and address, which is part of a process called Know Your Customer KYC , which is a legal requirement for most exchanges in Nigeria.

To do this, you will need photo ID as well as a copy of a recent bank statement or utility bill that has your address on it. KYC is typically approved instantly, although in some cases, you will have to wait a few days before your account is verified. Once your account is approved, you will need to choose a payment method to deposit funds into your account before you can make any purchases.

To buy Bitcoin BTC , you will first need to deposit money into your exchange account or link a credit or debit card. Depositing funds: The cheapest way to buy Bitcoin is typically by depositing money from your bank account to an exchange and then using it for purchases. However, you might end up waiting a few days for the funds to arrive, depending on the bank and the exchange.

Once the funds arrive, you can then buy Bitcoin. Buying with a credit card: Buying Bitcoin with a credit card can be a convenient way to buy Bitcoin, but there are trade-offs. For starters, fees are typically more expensive than depositing funds through a bank transfer.

Credit cards are primarily used for instant purchases, so you can't use them to deposit funds in the exchange. If you only have a credit card available , the fees can add up quickly. For example, credit card providers will typically charge you a cash advance fee which can be quite costly.

Depending on your credit card provider and country, some providers will not let you purchase cryptocurrency. Check out Finder's guide on how to buy Bitcoin with a credit card to figure out the details that work best for you. Buying with a debit card: Buying with a debit card is a lot like using a credit card, but with much better fees. Of the 3 options to fund and buy Bitcoin, a debit card provides you with decent fees and near-instant deposit of funds or Bitcoin.

Don't stress too much about which option you choose, as you can always change it later. But if you're planning to make a large purchase, then it is worthwhile to calculate the fees involved with each method to determine the best value. First things first — you don't have to buy a whole Bitcoin.

Most exchanges will let you buy as little as a few Nigerian naira's worth, usually even less. Simply type in how much you want to spend in NGN, and let the exchange calculate the rest. Secondly, keep in mind that some exchanges only have one way to buy Bitcoin, while others offer multiple ways to buy. The 2 most common methods in Nigeria are instant buy and the spot market.

An instant buy is typically done with a credit card, but can also be done with fiat or crypto already in your exchange account. Instant buys tend to have the highest fees and are at market price, meaning you are likely paying more than you would if you used the spot market.

If using a credit card, there are additional fees too. With instant buys, you are paying for convenience and speed. Generally, you pick an asset to buy and an amount to spend. You are then given a preview of the transaction, and after checking the details, you finalise the purchase. The spot market is often found under a "Trade" or "Spot" heading. Unlike an instant buy, the spot market allows traders to set desired parameters for a purchase or sale.

There are multiple types of trades that you can make on a spot market page. You can also make a limit order. This is the other most common order type, where you choose a desired price to buy or sell. Limit orders have lower fees than market orders. There can be other trading options too, depending on the exchange. Once you've acquired Bitcoin, whether through an instant buy or the spot market, you have 2 options.

The first option is to leave it on the exchange in order to be able to quickly sell or trade it. The other option is to send your Bitcoin to an external wallet where you hold the keys. This is more complicated, but a safer overall choice. Learning how to use a cryptocurrency wallet takes some time and effort. But there are several benefits to moving your coins off an exchange. Exchanges have come a long way since the early days of Bitcoin.

Many of the big players now use advanced security practices, hardware and education to help protect user funds. Several exchanges now also insure user funds up to a certain value. Aside from security, there are additional reasons to consider when leaving Bitcoin on an exchange. You wouldn't invest in crypto without doing your research first, so make sure you understand some essential facts about Bitcoin before you buy:. Beginners can buy Bitcoin instantly by registering for a cryptocurrency exchange and using their instant buy options.

Alternatively, they can buy Bitcoin on a spot market with a little research into how trading interfaces work. Only buy as much Bitcoin as you are comfortable with and can afford to. Weigh the benefits of buying it and the potential risks. The safest way to buy Bitcoin is through a reputable cryptocurrency exchange. Finder has reviews of the best exchanges.

The best way to buy Bitcoin is to fund an exchange account and use the spot market. This results in the lowest fees and most BTC for your money compared to instant buys. Finding the right way to sell Litecoin is just as important as finding the right option to buy it. In this guide, we break down the options available and the factors to consider. This guide provides step-by-step instructions on how to buy Paribus, lists some exchanges where you can get it and provides daily price data on PBX.

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This guide provides step-by-step instructions on how to buy SafeCoin, lists some exchanges where you can get it and provides daily price data on SAFE. Click here to cancel reply. Optional, only if you want us to follow up with you. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.

While we are independent, the offers that appear on this site are from companies from which finder. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, the products offered on the website may not be suitable for all investors because of the risk of losing all of your invested capital.

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