Are you trying to get into cryptocurrency investing or trading business in Nigeria? If yes, then you need to check on these top 10 cryptocurrency exchange websites in Nigeria.
The digital currencies (cryptocurrency) industry is becoming more popular and its accepted as means of payment in some countries in the world. Although, Cryptocurrency trading in Nigeria is not supported by the Central bank of Nigeria but at the same time, the federal government or any other financial institutions didn’t oppose it.
In some foreign banks, cryptocurrency can be exchanged directly to money but it is not so in Nigeria. The only way you can enjoy the fruit of your cryptocurrency investing and trading is to exchange it with trusted cryptocurrency exchange websites in Nigeria.
These exchange websites has made it possible to trade Cryptocurrency anywhere you are in Nigeria without any headache. But to avoid scammers who pretends to be an exchanger, I will be sharing these tested and trusted websites you can exchange your bitcoin for cash in Nigeria.
Here we go;
Trusted Cryptocurrency Exchange Websites In Nigeria
This is a very popular brand when it comes to crypto exchange in Nigeria and the world at large. Luno’s popularity is evident because of its unique service and features.
Luno is among one of the early industry pioneers and have been around since 2013, they’ve processed more than a billion dollars in transactions and have happy customers in over 40 countries.
Luno supports the two leading cryptocurrencies – BitCoin and Ethereum
Aside buying and selling of cryptocurrencies, users of also enjoy the Wallet feature provided by Luno. They also have a mobile app which simplifies the exchange process. This and many reasons makes Luno one of the best cryptocurrency exchange websites in Nigeria.
Though new in the industry, Remitano is gaining headways due to its quality service.
Remitano provides an escrowed peer to peer Bitcoin marketplace where people buy and sell Bitcoin easily and safely with notable simple UI, friendly online customer support 24/7 and lowest fee compared with major players on the market.
The Remitano mobile app which can be downloaded from both Apple App Store and Google Play Store gives users a sleek and secure trading experience.
Paxful is a Peer to Peer Bitcoin marketplace connecting buyers with sellers. On Paxful you buy bitcoin directly from other people to add money to your Paxful Wallet. It’s a listing service like Craigslist or Backpage. Sellers list their ads to sell you Bitcoin. They let you pay for the bitcoin in different ways, some take gift cards, others let you use PayPal, debit cards, and bank transfers. They take a fee to get you your bitcoins fast and privately.
One of the unique features of Paxful it multiple payment platforms, buyers can with either Bank transfer, iTunes/Gift cards, Western Union, MoneyGram or Amazon Gift cards. Paxful believes that not everyone has a physical bank account and they’re determined to make payments possible through virtual currency.
If you’re thinking about the best in crypto exchange in Nigeria I’ll suggest you give Paxful a try.
NairaEx allows you buy and sell Bitcoin, Naira and Perfect Money anytime easily and quickly.
NairaEx features same day funding & withdrawal into any Nigerian bank.
Another key feature is its referral scheme for all you guys that love referrals, I do referrals too, it helps in making extra cash. The referral system is quite the same with other referral schemes, you earn a certain percentage when any of your referral(s) trade on NairaEx.
NairaEx promises fast service when you want to remit your money. You can expect to send your money within a matter of hours.
The price of Bitcoin is never stable but at NairaEx the exchange rates are set at the time of the transaction so you don’t have to worry about fluctuation. Why don’t you give them a try and see for yourself, seeing is believing right?
NgExchanger.com provides cheapest bitcoin price for you. Your can also buy and sell Ethereum, Ripple, EOS, Steem coin, Ethereum classic, perfect money etc from NgExchanger
NgExchanger is an indigenous E-curerency platform it has grown to earn the trust of it’s customers and always delivers, their Headquarters is located in Port Harcourt Nigeria.
Some of the unique features includes; security of transactions, ability to buy bitcoin with other cryptocurrencies, verified accounts and instant payouts in Nigeria.
For those in Port Harcourt, they offer offline service also, were you can walk into their office and buy directly from them.
Coindirect is a peer-to-peer platform that connects buyers and Seller from around the world through an escrow service to trade a wide range of Altcoins safely. Coindirect has made It super easy and convenient as users can buy, sell, store and exchange up to 35 cryptocurrencies. Some of the features on offer includes; multiple payment methods, transparency, instant transactions and escrow protection.
TruexGOLD is one of the top cryptocurrency exchange websites in Nigeria where you can instantly buy, sell or exchange perfect money, bitcoin, payeer, advanced cash, binary, ethereum, planteofbets, and fifty other digital currencies to naira or other currencies.
They’ve got good affiliate and investment programs of which you can explore and make good income.
You can also buy and sell in multiple ways.
LocalBitcoin is about the most populous bitcoin exchange in the world. They have been around since 2012 and available in many countries. In this platform Bitcoin buyers and sellers come together to make exchange.
There are various payment methods accepted on LocalBitcoin however they depend on your country and the sellers preferred payment method. The main accepted methods are: cash, wire transfer, bank transfer, webmoney, western union and PayPal.
Naira4Dollar is one of the leading and most trusted e-currency exchange company in Nigeria since 2006. They have gathered more experience and expertise more than any other exchanger in Nigeria. Naira4Dollar also deals with altcoins
This company has physical offices across seven major cities in Nigeria that you can walk into and transact with them.
This is a local brand, Port Harcourt to be precise.
They provide bitcoin exchanges services and exchange services for other e-currencies like perfect money, webmoney, solid trust, skrill, etc. they have made their mark as the second leading e-currency exchange in Port Harcourt.
As with other local crypto exchange companies, they have offline offices were you can walk into to transact or make enquires.
This is an European based crytocurrency exchange website that came to Nigeria in 2016.
Their aim is to create a well secured and simple platform where cryptocurrencies can be traded, i.e buy and sell in Nigeria.
Initially, they made it possible for users to buy and sell just 6 cryptocurrencies which are, Bitcoin, Bitcoin Cash, Bitcoin Gold, Litecoin, Ripple and Ethereum. But now, they have expanded more than expectation making them the largest cryptocurrency exchanger in Africa by the sheer number of choices available to users.
In the future, cryptocurrency is said to take over all other businesses and every pertaining to money are going to be digitalized in which Nigeria’s currency is not going to be left out.
But currently if you have some bitcoin or any of the cryptos for sell, check on any of these legit websites above.
So, those are the top cryptocurrency exchange websites in Nigeria as at now. Do you have any exchange website to nominate or you think shouldn’t be among this list? Kindly let us know using the comment box below and don’t forget to share with your friends.
Top 10 Cryptocurrency Wallet Apps in Nigeria – And Some Tips
Today, we’ll see the top 10 cryptocurrency wallet apps in Nigeria.
I get it, you’ve begun your journey into the ever-changing world of cryptocurrency. The benefits you hear are amazing. The risks? Every business has its risks.
“This is wonderful,” you say to yourself. You dive in. You learn the fundamentals.
You’re eager to start trading. To see how lucrative cryptocurrency investment is. You don’t want to miss out on the rewards. But frankly speaking, you need a wallet; a cryptocurrency wallet where you can store your bitcoin, Ethereum and other coins you have.
And that’s a problem:
I mean, the problem of knowing which of the wallet apps is meant for you.
…but you’re also smart! “There must be an answer,” you say. (Sure there is!)
So you beseech Google for answers:
- What’s the best cryptocurrency wallet in Nigeria?
- What’s the best Bitcoin wallet in Nigeria?
- What’s the best Ethereum wallet in Nigeria?..
Enough of the search! Take a seat, because…
…you’ve come to the right place, I’ll be answering your questions. And at the end of this blog post, you’d be able to choose what’s best for you.
Also, I’ll also be highlighting the pros and cons of each cryptocurrency wallet app listed here.
But before we get to the list, let’s understand some of the basics:
What is a Cryptocurrency Wallet?
A cryptocurrency wallet is used to store digital money or currencies, just as we use conventional wallets to store our money. And in some cases, they double as a cardholder.
And to store your digital assets securely, certain features need to be in place. Unfortunately, not all wallets are secure.
We have two broad categories of wallets, which are:
- Full Node and
- SPV Wallets.
SPV Wallet is further divided into:
- Hot wallets
- Cold wallets
Cold Wallets are more secure since they are offline.
In contrast, Hot Wallets are not as secure and are less expensive as Cold Wallets. This is due to their online nature which makes them susceptible to remote attacks.
In this blog post, I’ll be focusing on Hot Wallets which are:
- Web Wallets
- Desktop Wallets
- Mobile Wallets
Specifically, Mobile Cryptocurrency Wallets. And you may be thinking that…
Why Do I Need A Cryptocurrency Wallet?
You need a cryptocurrency wallet simply because of Security!
Let me explain: Storing your digital currencies on an exchange platform exposes your assets to risks, If the exchange gets hacked, you lose everything!
Since an exchange operates via an online structure, they run a risk of getting hacked.
We’ve had a lot of hacks in the crypto world:
Most recently, was the Italian cryptocurrency firm, Altsbit, which occurred in February 2020. They lost over $70,000 worth of cryptocurrency. A lot of traders lost huge sums due to this attack.
What’s my point?
Inasmuch as it is convenient to trade on exchanges, it is not a good option for holding cryptocurrencies. It is much safer to trade in chunks from your wallet, instead of risking it all on exchanges.
You should never store your digital assets on an exchange!
Now we’ve gotten that out of the way, what are the best cryptocurrency wallet apps in Nigeria?
We’re about to find out.
Top 10 Cryptocurrency Wallet Apps in Nigeria
#1. Blockchain Wallet App
Have you heard anything about Blockchain wallet apps in Nigeria, right? I bet you have, But there’s more to hear.
Blockchain wallet is the go-to choice for most beginners and enthusiasts alike. It’s simple and straightforward, with no fancy features. Only the required features needed for a cryptocurrency wallet.
Features of Blockchain wallet App
- Support for your favorite assets
- Direct trading from your wallet
- Price charts history
- Adequate security features
- And much more
So, if you need a top-of-the-line cryptocurrency wallet, I’ll recommend using Blockchain. It is much secure since it’s just that — a wallet.
Pros of Blockchain Wallet App
- Advanced Security features like Hierarchical deterministic for each transaction.
- Easy to use.
- Direct trading from your wallet.
Cons of using Blockchain Wallet app
- Can’t buy FIAT through the wallet.
- Blockchain wallet is only compatible with Bitcoin, Bitcoin Cash, and Ethereum.
#2. Luno Wallet
Luno is the most popular cryptocurrency wallet app in Nigeria because the interface is neat and easy to navigate. Trading experience on Luno is one of the good options you can get.
As for the Luno wallet, you can store Bitcoin, Ethereum, LiteCoin, Bitcoin Cash, and Ripple.
Apparently, the limited number might be a let down especially if you love to invest in altcoins.
But you still get a good trading experience on all five currencies. Whether you’re a newbie with no experience, or a pro looking to flex his muscles.
Security-wise, Luno has adequate security measures to keep your assets safe. And at the same time, provide a seamless trading experience.
Pros of Luno Wallet App
- Easy to use
- Adequate security measures
- Live charts
Cons of Luno wallet app
- Limited currency support
#3. Coinbase Wallet
As far as popularity goes, Coinbase is a household name world over. Don’t take my word for it.
Take a look at some of the features you get:
Features of Coinbase wallet app
- A functional UI that makes trading seamless
- Supports your favorite cryptocurrencies
- Regular tips for beginners (and for experts)
- Access to decentralized apps (DApps).
- Coinbase now lets you pay other Coinbase users with their usernames. Goodbye, boring string of cryptic characters!
- Coinbase offers bank-level security
- Cloud integration (Google Drive and iCloud)
- Feature to remotely disable your account, and
- In-app security.
And the best part?
- You don’t need a Coinbase account to use the wallet. You can import your private keys from other wallets and get the best Coinbase has to offer.
Now you see why they’re so popular?
It starts at $20 and you can get all these and more.
Pros of using Coinbase wallet app
- Instant transfer using usernames
- Easy to use interface
- A large variety of deposit and withdrawal options
- Top-notch security
Cons of using coinbase wallet app
- Privacy concerns
- Below par support
- Delayed deposit and withdrawal
#4. Trust Wallet (Binance)
In 2018, Binance acquired Trust Wallet as its official wallet. The acquisition brought a lot of improvements to the already great wallet.
With Trust Wallet, you don’t have to sign up or fill forms; download the app, and you’re locked and loaded.
Trust Wallet supports 150+ cryptocurrencies including all Binance, TRON, and ERC 20 tokens. It’s also open-source and this makes it more secure than most wallets.
Its server-free infrastructure means no one has access to your assets except you. Pin and biometric scanning is also provided for in-app security.
You also get a Multi-coin wallet with the Bitcoin and Ethereum wallet. And yes, the UI is simple.
Pros of using Trust wallet
- Large range of currency support
- Easy to use
- Cross-platform support
Con of Trust wallet
- No 2FA
#5. Buycoins Wallet
Buycoins is a home breed. One of the few brands that you can instantly buy and sell crypto. They’ve gained a good reputation in a few years with their secure P2P trading platform.
As for security, your wallet lives on secure servers. So you can trade instantly from your wallet knowing that Buycoins got you covered.
And before I forget, their rates are okay.
Want to know the best part?
Transactions are free on Buycoins: whether you’re trading on Bitcoin, Ethereum, or LiteCoin. It’s free!
Pros of Buycoins wallet
- Ease of use
- 0% transaction fee
Cons of Buycoins wallet
- Inadequate security
- Supports only three currencies
#6. Quidax Wallet App
Quidax is an African brand with focus on the growth of digital currency in the continent. This is why they’ve created the Quidax app to cater to all and sundry in this regard.
Quidax doesn’t offer a lot of options when it comes to supported currencies. But it supports some notable coins: Bitcoin, Ethereum, Litecoin, Ripple, Dash, and USDT.
Quidax’s wallet is backed by some good security features for safer transactions. Quidax also provides a 2FA system using Google Authenticator, Authy, or Email.
With Quidax, you’ve got a wallet that protects your digital assets and allows convenient trading.
Pros of Quidax wallet
- Easy to use
- Convenient for trading
Cons of Quidax wallet app
- Below par support
#7. Remitano Wallet App
Are you looking for an escrowed peer-to-peer trading platform? If yes, look no further because Remitano got you covered.
While its P2P exchange is one of the better options out there, the wallet still has room for improvement.
But Remitano isn’t a full-fledged wallet, its focus is on trading.
It doesn’t mean you shouldn’t use Remitano.
The mobile app has fantastic features that you don’t see on other cryptocurrency apps. The Swap feature allows you to swap between digital currencies, back and forth.
Remitano doesn’t support many currencies. But have the usual suspects: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), Ripple (XRP).
You can also earn more money using Remitano Invest. With this, you can invest in altcoins using USDT.
It’s an interesting addition and a nice way to make passive income.
Pros of Remitano Wallet app
- 24/7 P2P trading
- Good support
- Easy to use
Cons of Remitano Wallet app
- A limited number of cryptocurrencies
#8. Paxful Wallet App
Paxful is a good platform for trading Bitcoin. It’s a simple platform but lacks support for other digital currencies.
Yet there are lots of options to simplify trading from its Bitcoin wallet.
One is its multiple payment options: You can buy Bitcoin using over 300 payment options. Some of which are Gift cards, debit or credit card, cash, and Skrill
You don’t have cash? You can use your credit or debit card.
No card? Make use of Skrill.
The payment options are endless. Nothing stops you from buying Bitcoin via Paxful.
But before you buy, check out the pros and cons.
Pros of using Paxful wallet app
- Easy to trade Bitcoin
- Multiple payment options
- Excellent customer support
Cons of Paxful Wallet app
- High exchange rates
- Inadequate security
- No 2FA
#9. Busha Wallet
Not popular as a brand, but Busha makes it to our list of cryptocurrency wallet apps in Nigeria.
Unlike many platforms, trading of cryptocurrency on Busha is free.
And you’re thinking…
“Their rates will be high.” Not true!
Busha offers you competitive rates on Bitcoin, Ethereum, and LiteCoin.
It’s the best of both worlds!
As for Busha’s cryptocurrency wallet, it is user-friendly but falls short in many areas.
You wouldn’t expect much from somewhat of a new player, would you? I bet you won’t!
Either way, you can start using Busha by visiting your app store.
Pros of Busha Wallet app
- User friendly
- Good rates
Cons of Busha wallet app
- Below par support
- No 2FA
- Only supports Bitcoin, Ethereum, and LiteCoin.
#10. Patricia Wallet
Patricia is a new player in the crypto space. They’re now getting traction as the days go by.
Although still in their early stages, Patricia’s services are one to look out for. They’re not at the bleeding edge in the crypto world, at least not yet.
But they’ve got a team focused on continuously improving on its services. And if this continues, they may as well go ahead of every other player in the Nigerian crypto space.
Patricia only supports Bitcoin which you can easily trade directly from your wallet.
- The wallet has multi-level security in place to make sure funds are secure.
- It’s a functional wallet but there’s still room for improvements.
- Supporting other digital currencies will be great.
- An added layer of protection with 2FA.
- And if possible, a cold storage facility.
All these and more will make a lot of difference.
But for now, you can download Patricia from your favorite store and start trading Bitcoin.
Pros of Patricia wallet app
- Easy to use
- Competitive Bitcoin rates
Cons of patricia wallet app
- Below par support
- No 2FA
- Only supports Bitcoin
There you go! Those are the top 10 cryptocurrency wallet apps in Nigeria. But here is a bonus:
3 Safety Tips to Remember when using any cryptocurrency wallet apps
- Remember to keep your device (smartphone, laptop, or PC) secure. Be mindful of links you click.
- Don’t keep your seeds on your device. Some apps above integrate seamlessly with cloud storage options. Try utilizing these options.
- Finally, no one needs to know you have a crypto asset. If anyone does…well… you don’t want to hear what I’ll say next.
Conclusion on top cryptocurrency wallet apps in Nigeria
Which is the best for you?
Is it Luno’s wallet and its straightforward system? Blockchain wallet with the Hierarchical deterministic feature? Or Trust Wallet with support for many digital currencies?
Perhaps you want to try the new players, they’re also good options.
Note that, none of these wallet apps are promoted, and this post is not sponsored by any brand or person. Kindly like this blog on Facebook.
How to Buy and Sell Bitcoin on Truexgold in Nigeria
Ever heard about TrueXGold.com? Or have you been looking for an easy, reliable but yet, profitable, and quick way to buy and sell your bitcoin in Nigeria? If yes, then look no more, as I’m going to introduce one of the best digital currency exchangers in the country to you right in this blog post.
And I will also show you how to buy and sell bitcoin on Truexgold; which is one of the many digital currencies you can exchange on the platform. Before I show you these steps, let’s take a look at bitcoin – the currency we’d be exchanging here;
If you’re new to bitcoin, you might have been asking that;
What is bitcoin?
Bitcoin is a digital currency that has been around for a decade and counting. It’s a form of money, but unlike the conventional money, it is decentralized; it has no bank regulating its flow.
Over the last couple of years, bitcoin is slowly getting wider acceptance as many merchants now accept it as a means of making payments. If you also work online, most platforms have an option to pay you with bitcoin.
In certain countries, the currency has begun to get more credence, it’s being slowly used but not regulated.
Despite all these, trading bitcoin is one good way of making money online, this can be achieved in many ways like exchange and mining. We’ll be discussing the former, but you may ask, why should I invest in bitcoin? Is it even worth it? Well, the answer is yes, and I’ll tell you why.
Why Invest in Bitcoin in Nigeria?
This is the question on the minds of many, and I’ll start by saying this: when a thing is owned by many people, it has little value; if it’s owned by a few persons, it is valuable!
Presently, bitcoin is the most valuable form of money in the world; more valuable than the United State’s Dollar, Pounds, Euro, and all other forms of conventional and digital money.
Although its price is inconsistent – which is the thing with all forms of money, it still holds more value, and one can make money whilst trading it for other conventional forms of money.
One of the cool reasons why you should consider looking into this currency is its flexibility as a means of payment. You can send money to anyone, and anywhere in the world without any form of restriction, no bank could block you for carrying out transactions with it, government policies are non-existent in the world of bitcoin.
Most Nigerians make money trading bitcoin, and some have lost money in this business which is quite unfortunate. The big problem is that there are lots of bad apples in the crate, lots of scammers posing to be legit, and you might easily fall prey to their antics.
To help salvage this situation, I’ll again love to introduce you to Truexgold.com – a platform for cryptocurrency exchange; with all the major currencies available.
TrueXGold.com will buy your bitcoin or sell to you without cheating or “ripping” you. But most people ask, which you might have also been thinking right now that;
Is Truexgold.com Legit or Scam
Truexgold is legit!
Truexgold is a cryptocurrency exchange platform where any Nigerian can exchange various forms of digital currencies. But the most bankable reason about this platform is that it has been around for quite some time now, and so far, they’ve remained true to delivering the best crypto exchange service in Nigeria.
Well, a man can be old with grey hair and still be useless. But Truexgold.com has been in the bitcoin buying and selling game for a while, and they’re still useful, strong, and legit.
A lot of positive feedback has been given by users of this platform, this speaks volumes of their credibility in this field. You can check them here: https://truexgold.com/reviews/
It’s pretty easy to exchange any form of currency via Truexgold.com; they’ve got highly skilled personnel who put in their “A-game” to make sure you keep coming back for business.
Truexgold offers some of the best rates in the market across all the available currencies. They have a partially automated system that makes transactions much faster and efficient.
Visit https://www.truexgold.com to get started. Signing up should take some clicks and you could begin exchanging right away.
Requirements to Get Started on Truexgold
Before heading on the start exchanging, here are certain things to have;
1. You Must be a Nigerian:
Truexgold is currently serving Nigerians and so to be able to carry out any transaction, you have to be a citizen.
2. A crypto wallet/address:
This is where you hold your digital currencies. There are quite a good number of wallets out there, kindly make sure you have one already.
3. Bank Account:
This is a no-brainer! Anyone willing to engage in financial transactions ought to have this.
The requirements below are not compulsory but may be needed for additional verification. Without verification, there are automatic limits imposed on your account, and you may not be able to carry out a certain volume of transactions without a verified account.
In order to verify, you need to have carried out at least 10 transactions on this platform, with addition to the following;
4. A Regulatory ID Card:
Having any of the government-issued ID cards is important here. Truexgold suggests you have either an International Passport, National ID Card, or a Driver’s License, any of these will work just fine.
5. Face/ID/Date Verification:
This is done by most crypto exchange firms; you have to take a picture of yourself holding your ID card and a paper showing the day’s date. So, your picture should clearly show your face, your ID, and a paper with an inscription of today’s date if you’re signing up today.
Below is what it should look like:
6. Phone Number:
You should get a call from the account operator to verify your number.
These are what you need in order to start exchanging on Truexgold.com; with these in place, I think it’s time I show you how to buy and sell bitcoin on Truexgold.
How to Buy bitcoin on Truexgold
Buying bitcoin via Truexgold is quite easy, and you can do that with these few steps;
- Visit their official and only website: https://www.truexgold.com.
For mobile users, you would need to switch to the original website by tapping on the “Go to Original site“, which can be found at the bottom. This is the best way to transact.
2. On the site, tap “Exchange” on the horizontal dashboard
3. Since we’re buying bitcoin, we have to select Naira (NGN) on the left, which should show us a handful of options on the right, which we’re to select BTC.
4. Click on “Bitcoin BTC” on the right, or the Bitcoin logo, to enter the exchange panel
5. On the panel, fill out the required information, answer the mathematical captcha, then click on “EXCHANGE”.
N.B. The minimum amount you can buy is N4,000.
6. Right after that, you’d be promoted to create order; read and agree to the Ts and Cs, then select “CREATE ORDER”
7. On the next page that pops up, you’d be given instructions on how to pay and verify your payment. Follow the instructions, submit the required information, and then tap “PAID”.
8. Upon verification of the transaction, your corresponding value of BTC would be sent to your wallet. This usually takes between 5 minutes – 1 hour during working hours, but could be longer outside working hours.
These are the steps to take in order to buy BTC on truexgold.com
But sometimes, you may have bitcoin in your wallet and you need to sell it. So, what if you want to sell bitcoin on Truexgold? Well, here is…
How to Sell bitcoin on Truexgold
- Repeat steps 1&2 above.
- For the sale of bitcoin, we are to select BTC on the left.
N.B. On Truexgold, you pay on the left and then, receive on the right.
- Tap on the Naira logo on the right. You’d be taken to the exchange panel.
- Fill out the required information, take note of the minimum BTC value, solve the mathematical captcha, then select “EXCHANGE”.
- On the next page, you’d be shown a brief summary of your transaction details. You need to accept the terms and conditions, then select “CREATE ORDER”.
- Next up, you would be given an address to pay the required amount of bitcoin. After successful transfer, verify your transaction, then select “PAID”.
When confirmed, Truexgold will send the equivalent Naira value to your bank account.
That’s all – On How to Buy and Sell Bitcoin on Truexgold in Nigeria
If you have any question or face any technical issue, you can see how to contact the Truexgold.com’s admin on the website or better still, you can use the following to contact them;
Email address: Hi@Truexgold.com
Contact form: https://truexgold.com/feedback/
Remember, this is a legit exchange platform, so you have nothing to worry about. Just follow the instructions, get your account verified, and you could exchange all day, no matter the amount but below 100BTC tho.
If this blog post is helpful, kindly share with your friends by clicking on the social media icons floating here. If you have any questions regarding buying and selling bitcoin on Truexgold, please contact the admin responsible using the contact details above.
Also, I’ll be happy if you can tell me and other readers your experience on Truexgold.com by using the comment box below.
Good News! Bitcoin ATM in Nigeria is Now Available — Withdraw from Wallet
Are you looking for a way to withdraw cash from your bitcoin wallet in Nigeria, or you’re even doubting if this will be possible? Well, that was impossible for some years but now, you can now withdraw your bitcoin earnings via Bitcoin ATM in Nigeria.
As you know that Bitcoin is a digital currently, the most traded in financial market. Regardless of its ups and downs prices, investing in Bitcoin or cryptocurrency business is one of the most lucrative and passive ways to make money in Nigeria.
There are lot of people who’ve made fortune from cryptocurrency, and people are still making some hefty income from bitcoin in Nigeria.
Here is one of the sad demerit of it;
Smart entrepreneurs are really making money from crypto in this country but unfortunately, they’re not enjoying their profits to the ‘fullest’. Why? Because some percentage of their profits are lost to exchangers.
Well, that was the only way you can enjoy your bitcoin earning in Nigeria, I mean sending those bitcoin from your wallet to the exchangers’ wallets and he will send you cash in returns.
This is what I’m saying;
Let say 1Btc is $20,000 on normal exchange rate.
But if you want to sell the same 1Btc to an exchanger in Nigeria, you could be paid $18,000 — $19,000. But I’m sure no exchanger will give you $20k.
In some countries, they have ATM machine to withdraw cash from their bitcoin wallets. Which makes it possible for them to enjoy their maximum profits trading or investing in bitcoin. They don’t have to send to any exchangers unlike Nigerians.
Apart from loosing some percentage of your profits to an exchanger in Nigeria, you can also be scammed.
To be safe and enjoy all the benefits that comes with bitcoin, we need to have a stable Bitcoin ATM in Nigeria to withdraw cash from your bitcoin wallet.
First Bitcoin ATM in Nigeria is Launched
For the past few years, we didn’t have such in Nigeria, I don’t no why. Maybe because it’s too expensive or those cryptocurrency entrepreneurs didn’t value it.
But I’m happy to announce to you that; there’s a Bitcoin ATM in Nigeria where you can withdraw your bitcoin earning!
Yes, hundreds of people are happy on Facebook when a media entrepreneur who is also into crypto business, Makinde Azeez (founder & CEO of famous Naijaloaded.com) made the public announcement that his Bitcoin ATM just got delivered to him. And of course he shared the picture of himself with the BATM as a proof.
Although, Makinde Azeez bought the first (and currently the only) Bitcoin ATM in Nigeria but I’m sure that someone else is ala thinking of the same thing in this country.
Currently the bitcoin ATM can only be found in Lagos, Nigeria
Although Makinde Azeez is not in all 774 local government areas in 36 States in Nigeria, but you as a person who’s into cryptocurrency can benefit from him.
Ask me how!
Remember I said the only way to withdraw cash from your bitcoin wallet in Nigeria is to sell it to exchangers in return for money or cash.
That’s the method we are still going to be managing for now until we have these Bitcoin ATM saturated in Nigeria.
So, how are you going to withdraw cash from your bitcoin wallet in Nigeria?
It’s simply by contacting Makinde Azeez!
To contact him physically, you will need to find his location in Lagos and close the transaction between you guys or contact him digitally (online).
To contact him digitally, you’ll send the bitcoin to him and he’ll help you withdraw it from his BATM.
Note that he’s not going to do the transactions for free. He will surely charge you a taken according to how much you want to withdraw from your bitcoin wallet.
No matter how much he charge you, it’s safer than giving your hard-earned and expensive bitcoin to someone that will scam you or ripped out some profits more than normal as his exchange fee or percentage.
Let me use the previous example to explain this better.
If normal exchange rate for 1btc is $20,000. An bitcoin exchanger in Nigeria may buy it from you at $19,000, making you to loose a whole $1,000!
And that $1,000 in Nigeria currency is equivalentIs to N362,000! That’s lot of money. In fact, you can use this to start a business or buy a plot of land in some areas in Nigeria.
But sending your bitcoin to Makinde Azeez for Cash withdrawal will be little bit lesser.
Why sending your bitcoin to Makinde Azeez for Cash withdrawal via Bitcoin ATM? Is he trusted?
Yes! He’s trusted and has been building his reputation online for past decade. He’s the founder of Naijaloaded where you download your latest music.
Please note that a lot of people will be trying to impersonate him or act as if they are his agents in order to scam you but please, don’t fall from them.
I don’t how many percent he’ll take but very possible he will be the best and most affordable bitcoin exchanger in Nigeria.
Conclusion — Bitcoin ATM in Nigeria, Withdraw Cash from Bitcoin Wallets
This is NOT a sponsored post or post published for advertising sake!
I don’t know Makinde Azeez and same from his side. But as an entrepreneur, it’s a good news that someone made an effort to sacrifice and buy this expensive bitcoin ATM in Nigeria.
And also, making it more easier to withdraw cash from your bitcoin wallet without loosing much from your profits.
You may be asking..
How can I Contact Makinde Azeez?
To contact him is easy but you need to be very careful because people are impersonating him a lot. I won’t drop any link here but you can go to go to Naijaloaded.com, click on the contact us page and you’re good to go.
Please don’t fall for scam trying to get to him. I can help you get his personal WhatsApp number if you wish (kindly comment below for this)
Also, I’m not a cryptocurrency exchanger. So don’t contact me for this.
But if you have payoneer funds, I can buy from you at a good exchange rate.
Over to you….
Are you happy for this good news? Will you like to try the bitcoin ATM out? Do you have anything to say about this bitcoin ATM and cash withdrawal from your bitcoin wallet? Please let share them using the comment box below
And don’t forget to share!
8 Effective Ways to Reduce Your Household Expenses
Olamide Biography: Net Worth, Nominations, Awards, Cars, Kids and Lifestyle
Davido Biography: Net Worth, Nominations, Awards, Cars, Kids and Lifestyle
10 Surefire Ways to Make Money on Facebook in Nigeria & Globally
Wizkid Biography: Net Worth, Nominations, Awards, Cars, Kids and Lifestyle
Fashion Blogging: How to Start a Fashion Blog (and Make Money from it)
How to Get a Payoneer Account in Nigeria (FREE) & Obtain MasterCard Easily
11 Best Ways to Promote or Market Your Music in Nigeria and Beyond
Top 10 Money Making Apps in Nigeria (2020) – Earn Money Using Smartphone
Top 10 Freelance Websites to Make Money Online in Nigeria
Top 10 Agricultural Businesses in Nigeria with Little Capital but Huge Profit
10 Best Affiliate Programs In Nigeria to Make Money Fast
Earn $25 for Free While You Send & Receive Money Online Easily!
Interested in Recharge Card Printing Business?
Subscribe to Receive Free Updates;
Buy a Reliable Web Hosting or Server
- Business51 years ago
Top 10 Agricultural Businesses in Nigeria with Little Capital but Huge Profit
- Business51 years ago
Malthusian Theory: Is Corona Virus a Man-Made Weapon to Control the Population?
- Business51 years ago
How to Dress Like a Smart Entrepreneur in Nigeria
- Make Money Online5 months ago
20 Ways to Make Money from Home in Nigeria During this COVID-19
- Business51 years ago
How to Write a Business Proposal in Nigeria – and Possibly Woo Investors!
- Business51 years ago
Top 10 Hot-selling Products for Mini-Importation & Dropshipping in Nigeria
- Business51 years ago
How to Start a Junk Hauling Business in Nigeria – Make Money from Trash/Waste
- Business51 years ago
5 Smart Ways to Save Money in Nigeria – Save & Earn Money Passively