The Easiest Way to Buy Bitcoin in Nigeria

When it comes to buying bitcoin in Nigeria, what people want is having access to the right channel
or easier options for buying the currency. This is achievable. Easier ways to buy bitcoin in Nigeria
have been listed below. However, we need to discuss what easy buying of Bitcoin is to an average buyer in Nigeria. For an average Bitcoin buyer, buying Bitcoin easily is being able to buy and get your wallet funded instantly and also buying in a secure environment/ platform free from scam or fraud.

Here are the three Easiest Way to Buy Bitcoin in Nigeria

1. Buying From Exchanges:

Buying Bitcoin from an exchange is the easiest way to purchase Bitcoin. This is because they are safe, and they credit your wallet instantly. They help take away the fear you may have when investing in bitcoin and some of these exchanges include the likes of Exchange Indeed, Naira direct, Quidax, etc.

2. Buying Bitcoin With Cash:

Another option is a cash transaction. Many buyers prefer this option, especially the first-timers who would want to ask questions before proceeding and also get to see the person they are transacting with. For a cash transaction, the rate of scams is reduced.

However, there are things that you must put into consideration which includes how to buy bitcoin with cash safely.

So, first, you must have a buyer. Both of you should agree on how and where you to meet. Secondly, ensure that you meet in a secured location or public place just for safety purposes. Lastly, minimize the amount of cash being moved around to reduce the level of risk that is associated with moving around with cash.

3. Buy Bitcoin With Debit Cards

To do this, you would require a valid debit card to make your transaction.

Buying Bitcoins with a debit card is very easy, all you need is to know the right platform to buy from, and then the rest is history.

For example, if you were to buy from an authentic website or exchanges like Naira Direct and Exchange Indeed, first need to sign up and create a free account at no extra cost after which you will be required to input in the amount you want to pay in Naira equivalent. Then you will be told the bitcoin equivalent of the money you are paying, so you would proceed to the new page which will request basic details like name, phone number, Bitcoin wallet address, etc., then you can finalize the process by making payment via your credit card and there you have it. Buying made easy using your debit card.

There are so many other easy ways to buy bitcoin in Nigeria, but the 3 ways mentioned in this article
above are a few simple methods used by a lot of people in time past to purchase bitcoin.