On this page, “Cryptocurrency blog Nigeria” we’ll give you some of the opportunities in the digital asset.
How you can safely tap into the many opportunities in crypto. And what you should do to avoid scam.
Faucets, crypto micro-tasking, seeking support, gaming, and giveaways are some of the ways to earn cryptocurrency and get free bitcoin. If you’re wondering how that is possible, I’ll reveal several ways to earn free coins on the internet right now without any investment.
One of the best pieces of news to the cryptocurrency community in Nigeria lately is the announcement by the Security and Exchange Commission (SEC) that crypto-based companies will now have to be certified by the regulatory body. For us, the decision of SEC will definitely increase the adoption of bitcoin, ethereum, litecoin, bitcoin cash and other coins in Nigeria.
The latest restrictions on the trading of cryptocurrency in Nigeria isn’t over and should never allow that to discourage you from making some monies from buying and selling cryptos.
The furore over the ban on the use of bank account to fund cryptocurrency trading activities isn’t over.
As we write some bank accounts have been banned for using their accounts to fund or receive bitcoin payment.
One of the major cryptocurrency platforms operating in Nigeria BuyCoins Africa has disclosed that it’s working on how to introduce a new deposit option in BuyCoins wallet.
Major cryptocurrency trading platforms like Binance, Luno, BuyCoins Africa, YellowCard, Quidax, and others have suspended naira deposits.
This followed the directive of the Central Bank of Nigeria that financial institutions should not provide crypto companies or users with the services any longer.
The Bitcoin price (BTC) has finally surpassed its $20K benchmark for 2020, trading at $22,753 (N10,881,625) at the time of this report, that the highest price in history.
It seems online advertising can no longer depend on Google’s Adsense for cryptocurrency ads as Ethereum launched a platform for advertisers to reach millions of crypto enthusiasts around the World.
The trouble isn’t over for Facebook’s Libra Foundation even as it changed its crypto name to Diem.
It is facing legal action over the new name. A UK-based FinTech firm Diem is laying claim to the name.
German finance minister Olaf Scholz stated that his government isn’t impressed by Facebook’s stablecoin name change from Libra to Diem, describing it as, “A wolf in sheep’s clothing is still a wolf.”
President-elect Joseph R. Biden will use cryptocurrency as an infrastructural change in a way to make America more competitive when he assumes office next year.
How crazy can you be if you have a passion for something? Cryptocurrency enthusiast David Valenz is a perfect example of how extreme someone could go as he tattooed BitcoinCash on his body in an effort to spread BCH message to the World.
The administration of President Donal Trump will roll out postive cryptocurrency regulation before leaving office on January 20.
The Acting Comptroller of the Currency of the Federal Banking System Mr Brian Brooks hinted that the proposed crypto regulation will work for everybody.
A Nigerian, Olaoluwa Osuntokun is among cryptocurrency leaders who made Forbes Under 30 List. He is in the rank of Charlie Noyes, Amiti Uttarwar, Flori Marquez among others. They are young, hardworking, smart, clever, brilliant, and innovative.
As Naira continues to lose its value against the US dollar, Pounds, Euro, and other foreign currency., what’s the alternative for Nigerians to save the value of their hard-earned money? Research shows cryptocurrency is one of their best options, a survey has revealed.
Nigeria’s plan to generate a whopping $10 Billion from blockchain by 2030 received a boost a few hours ago as the Ministry of Finance mandated the Security Exchange Commission (SEC) to come up with a framework for the adoption of cryptocurrency in Nigeria.
There are several platforms on the internet where you can conveniently exchange gift cards with bitcoin and in your local currency. One of them is Bidali. We’ve also included major platforms that let you exchange gift voucher for fiat currency (e.g Naira) if you’re Nigerian residents.
One of the world biggest cryptocurrency exchange firms Gemini has chosen ClearBank to provide banking services for its customers in the United Kingdom.
One of the largest cryptocurrency exchange Binance has sued Forbes for misleading article leading into “millions of dollars” in losses.
Filing the lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, Binance claimed that “Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To Evade Bitcoin Regulators” published by Forbes on Oct. 29 was defamatory.
Some Nigerians who abandoned their crypto portfolio are back on trading following the latest surge in the price of bitcoin.
It isn’t just Nigeria, the trend started when BTC surpassed $10K a few months ago, some Indians are doing the same.