There are several platforms that make it easy and seamless to purchase cryptocurrency in Nigeria, even when there are some forms of restrictions from the central bank. Is Cryptocurrency Legal in Nigeria? On February 5, 2021, the Central Bank of Nigeria (CBN) rolled out its first-ever anti-crypto policy, instructing financial institutions to close bank accounts linked … Read more
Bitcoin was predicted to close at $20,000 before the end of 2020 as far back as June 2020 and on October 25, 2021, it traded at $62,674.13 on most crypto exchanges. One of the earliest investors in cryptocurrency is a Norwegian who bought 5,000 BTC for just $27 several years back and is now one … Read more
On September 24,2021, eToro, a global multi-asset investment platform, announced the launching of a Decentralized Finance (DeFi) portfolio that put financial services on the blockchain. Since its founding in 2007, the innovations by the socio-crypto trading platform has been outstanding, the question we don’t always ask is: who is the brain behind the success stories of … Read more
Nigerians have traded at $8,761,051BTC on two major Peer-to-Peer (P2P) platforms LocalBitcoins and Paxful even as the Central Bank of Nigeria continues to block financial institutions from facilitating all transactions involving bitcoin and other cryptocurrencies. At the time of this report, 1BTC was N25,300,491.36 on Paxful and $48,960.56 on coinmarketcap. While Helsinki-based peer-to-peer bitcoin marketplace … Read more
Users of CoinJar can now make purchases with crypto MasterCard across Australia, the longest cryptocurrency exchange in the country said in an official message on Tuesday, August 3, 2021 To make it easier for its users to order the card, the firm has also embedded a button within its crypto app which users can simply … Read more
Despite crypto trading restrictions in Nigeria, you can still take a step further by earning from the comfort of your home by joining one of the best bitcoin mining pool sites. We will share with you some cloud mining platforms that allow you to use the computing power of mining equipment hosted in specialized data … Read more
The value of bitcoin is going to influence the price of other altcoins for the next decade if not more. Due to the volatility of cryptocurrency, we’ve witnessed how cryptos have fallen and risen over time. So, how exactly can you profit from the fall of ripple (XRP), one of the cryptos currently facing some … Read more
Looking for a trading platform to buy and sell your bitcoin? In this guide, I’m going to show you how to safely and quickly trade your bitcoin on Paxful through its escrow service. Note: You can perform BTC trade on Paxful in Nigeria, USA, India, Russia, China and others…plus get free Paxful bitcoin wallet which … Read more
This updated list of the best sites to buy and sell bitcoin in Nigeria is aimed at guiding you whenever you want to safely exchange your bitcoin and other digital assets to naira at the best price. Update: This list has been pruned to 15 due to the unavailability of some domains or some of … Read more
Some exchanges will not allow persons below 18 to sign up on their platforms even though cryptocurrency are designed to bring everyone on board. Government policies are still in force. In this guide, we share with you safest ways to buy your frist crypto even if you are below buying-age without violating state laws. But … Read more
A cryptocurrency investor has shared his experience on how he purchased his first bitcoin in 2013 when some of his friends were “freaking out” In a thread, the Reddit user Legacy, didn’t say when exactly he made a purchase and how much he invested seven years ago, but we could deduce excitement from his story, … Read more
It’s another good news for advocates of cryptocurrencies as Iranian authorities have given go-ahead to power plants in Iran to mine bitcoin and other cryptocurrencies. Mostafa Rajabi Mashhadi, deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has confirmed to IRNA. Electricity tariff as an impetus for bitcoin mining Cryptocurrency mining companies are … Read more
Remitano is a peer-to-peer cryptocurrency trading platform. In this guide, we’ll show you how to buy and sell bitcoin, ethereum on ramitano. Remitano provides escrowed peer-to-peer marketplace where digital coins buyers and sellers can trade at a lower price and with the presence of a 24/7 friendly customer care support. In this guide, we’ll also … Read more
There are several ways bitcoin, ethereum and other cryptocurrencies can be converted to fiat currency including the Naira (NGN) most especially at a time countries around the world are coming up with anti-crypto policies. Nigeria, for instance, in February 2021 warned financial institutions to stop facilitating crypto-related transactions. It was a blow for hundreds of … Read more
The adoption of bitcoin and other digital currencies by some Nigerian Foreign exchange operators, domain registrars and web hosting firms is gaining momentum even years after it has been adopted in some major countries like South Korea, Japan, United States etc. Bitcoin is the most valued cryptocurrency in the world, and considering the value of Nigerian … Read more