1 bitcoin to nigerian naira according to the foreign exchange rate for today. You have just converted one bitcoin to nigerian naira according to the recent foreign exchange rate 7,217,272.09698807. For one bitcoin you get today 7,217,272 naira 09 kobo.
Finally, what is the future of Cryptocurrency in Nigeria?
The global cryptocurrency market is rising and will surpass $1.4 billion by 2027 as predicted by the experts. However, the Nigerians will improve the systems in the near future by creating good backup plans when the accounts get hacked. But the Central Bank Nigeria and the Senate have warned people as well.
No less, is Bitcoin 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. You should consider whether you understand the possibility of losing money due to leverage.
For that reason, how can I trade Bitcoin in Nigeria?
Nigeria is currently not supported by Coinbase, meaning Nigerian users are unable to access the exchange. However, anyone can use Coinbase Wallet which enables the sending and receiving of cryptocurrencies. You just won't be able to buy, sell, or convert from one crypto to another on Coinbase.
How do I trade online with Bitcoin?
Steps to trade bitcoin