There is need for you to know the Trusted Bitcoin Sellers in Abuja Nigeria and Environs because the Bitcoin Cryptocurrency has evolved and is now the talk of the globe. The idea of cryptocurrency aims to achieve transparency. If cryptocurrencies eventually take over, the issue of government will be sanitized and corruption will come to the barest minimum because you will be your own bank. Even the banks are shivering upon the thought of cryptocurrencies though some cryptocurrency banks are springing up.
Bitcoin Now Accepted By Some Merchants In Nigeria
Bitcoin being the most popular cryptocurrency in value and in name has become a medium of exchange in some parts of the world including Nigeria. In Africa, Nigeria remains one of the first destinations of any evolving technology. Nigeria is an oil rich nation which corruption has eaten deep into it’s system that the once rich and mighty country when it comes to trade and foreign exchange are now in recession with hyper inflation as the order of the day.
According to research, a price increase in Nigeria does not fall rather it keeps increasing. With the introduction of cryptocurrency, Nigeria should be the first African country to try using the concept of cryptocurrencies to help the state of its economy just like Venezuela is doing but government does not have interest in cryptocurrencies in the African country.
Nigerian Banks, other financial Institutions and capital market operators are prohibited from investing in cryptocurrencies or carrying on business as a virtual currency exchange. I personally believe that cryptcurrency will be legal tender for the future with the expansion of the internet.
How Do I get Trusted Bitcoin Dealers In Nigeria ?
However in Nigeria, there are many people who trade cryptocurrencies either by buying or selling. Some exchanges have sprung up in Nigeria either physically of via the internet to help Nigerians who invest and trade cryptocurrencies to achieve their aims and still be free from scammers. Some of the Top Trusted Bitcoin Sellers in Abuja Nigeria and Environs are listed below:
- Paxful – Paxful is a place where you can buy bitcoin instantly with iTunes Gift Card. With Paxful, you can trade your bitcoin to iTunes Gift Card in a fast, easy and secure method.
Paxful as one of the trusted Bitcoin Sellers in Abuja Nigeria makes it possible for you to sell and send bitcoin with over 300 ways to pay for bitcoin including bank transfers, gift cards, Paypal, Western Union, Moneygram, your personal debit/credit cards and many more. Top payment methods for people using Paxful in Abuja, Nigeria includes Amazon Gift Card, Itunes Gift Card, Western Union and Money Gram.
- Local Bitcoins – With Local Bitcoins you can trade Bitcoins online with them of near Gordian Oranika Cl, Abuja, Nigeria.
LocalBitcoins makes it easy for people from different countries to exchange their local currency to bitcoins. The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling bitcoins. Once you reply to these advertisements, you can agree to meet the person to buy bitcoins with cash, or trade directly with online banking.
- NairaEx – NairaEx is describes itself as a premium bitcoin exchange and Processing time on this platform is 4-12 hours, average is less than 4 hours.
Following the advent of Bitcoin in Nigeria after minting many millionaires between 2016 and 2018 in the country, i believe it’s high time the government of Nigeria considers the regulation of cryptocurrency trading in the west African country and also find a place for Trusted Bitcoin Sellers i Nigeria with regards to enriching the Nigerian economy.