Where And How To Trade Bitcoin In Nigeria | SparklingGossip

Where And How To Trade Bitcoin In Nigeria

Of course as we all know, bitcoin is one of the  most popular type of cryptocurrency and it is maintained by  the technology called bloc...


Of course as we all know, bitcoin is one of the most popular type of cryptocurrency and it is maintained by the technology called blockchain, bitcoin can be use for exchanged of goods and services and as of now, Nigeria holds the 15th spot in the world ranking countries that are interested in Bitcoin. Every week, millions of dollars are invested by Nigerian citizens in Bitcoin.

Please note that before you can trade bitcoin, you need to buy bitcoin from a reliable source in to your account, Here are list of some reliable source for exchanging bitcoin.



  • LocalBitcoins, which is a service designed for Bitcoin sellers to find Bitcoin buyers directly. Payments are done through an escrow service that is known for its reliability.
  • NairaEx, which allows you to purchase Bitcoin using a bank transfer, Perfect Money, or with a bank deposit. NairaEx is one of the most experienced Bitcoin exchange entities in Nigeria that is trusted by many traders.
  • Bitpesa, which is a very popular cryptocurrency exchange solution in Africa. However, you should be aware of the fact that the service may require more of your personal information to comply with the legal requirements.
  • Luno, which is available both as an online service and an app, allows you to trade Bitcoin for naira and other African currencies. It has high limits, low fees, and is generally very popular with Nigerians.
  • Changelly, which allows you to exchange money for Bitcoin and back in a single transaction without holding the funds in your account.

As an investor in the bitcoin cryptocurrency, your main aim is to buy bitcoin at a low price and sell it for profit using your knowledge, recent developments in the world of cryptocurrency, or even your intuition.

In order to be successful in bitcoin trading, you have to design a wining strategy and in doing that, you must have done plenty of research which will make you to understand the factor affecting bitcoin and when to make the necessary move.

You will also need to choose one of the Bitcoin exchange platforms that meet your needs and is known for its reliability.

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