How can I buy Bitcoin in Nigeria?

Sheba Shurtleff asked, updated on February 16th, 2021; Topic: buy bitcoin in nigeria
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NairaEx is the largest Bitcoin exchange in Nigeria. Its customers can purchase bitcoins with Perfect Money, bank transfer or with cash via bank deposit.

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In all cases, is BTC legal in Nigeria?

Bitcoin is legal in Nigeria, but the Nigerian SEC, or Securities and Exchange Commission, warned citizens about cryptocurrency investments being risky and sometimes even fraudulent. ... Crypto assets are a high-risk investment.

Quite so, how can I buy Bitcoin with MasterCard in Nigeria? Step 1: Enter your mobile number in Quickteller's payment screen. Step 2: Select your preferred payment method. In this example, we choose β€œMasterCard Naira Debit”. Complete payment details and click on β€œpay”.

Quite as, is BTC illegal?

As of February 2020, Bitcoin was legal in the U.S., Japan, the U.K., Canada, and most other developed countries. In the emerging markets, the legal status of Bitcoin still varied dramatically. China heavily restricted Bitcoin without actually criminalizing the holding of bitcoins.

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How can I start buying and selling Bitcoin in Nigeria?

How to invest in Bitcoin in Nigeria
  • Creating an Account. Go to Quidax.com and click 'Create Account' in the menu. ...
  • Depositing Naira in your wallet. Click on β€œWallets” in the website menu. ...
  • Buying Bitcoin. Once your wallet is funded click on Instant Buy/Sell in the menu.

    • Can I buy Bitcoin online with a debit card in Nigeria?

    HOW TO BUY BITCOIN WITH DEBIT CARD IN NIGERIA
  • STEP 1 – Sign up on Coincola. ...
  • STEP 2 – Go to the OTC page on the CoinCola website. ...
  • STEP 3 – Choose an offer. ...
  • STEP 4 – Read the description and terms set out by the seller. ...
  • Step 5 – Type in the amount of money you want to buy and click the BUY NOW button. ...
  • STEP 6 – Mark the payment as PAID.

    • How can I start Bitcoin business in Nigeria?

    You can buy and sell bitcoins in nigeria with sites like Nairaex, Remitano and Luno and then fill your bitcoin wallet, but these site are for trade only in naira. Open trading accounts with foreign bitcoin exchanges and you can trade bitcoin with other currencies directly.
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