Are you looking for a reliable and secure cryptocurrency exchange in Nigeria? If so, consider Coinbase. The company offers 0.2% trading fees and 95% cold storage. It also offers 24/7 customer support and instant verification. It offers a $50 signup bonus and supports the Nigerian naira. This exchange is a great option for beginners who are looking to purchase their first bitcoin. It offers several payment options, including bank transfers. In addition, it offers an app for iOS and Android.
In addition to offering a secure platform for cryptocurrency exchange, Coinbase also offers a mobile app to make it easier for you to store your cryptocurrency. Its mobile wallet is the best app for users to store and manage their crypto assets. This app also allows users to send and receive cryptos, and can be used by any individual. However, it cannot convert cryptos for users outside of the supported countries. As such, investors in Nigeria must wait for the company to add their country to their supported regions.
The popularity of cryptocurrency in Nigeria is fueled by a young and tech-savvy population. Recent estimates indicate that 32% of the country’s population will be using cryptocurrencies by 2020, according to Coinbase. A number of platforms have been developed to facilitate this wide adoption. One of the most popular platforms in Nigeria is Coinbase. It is one of the largest cryptocurrency exchanges in the world. You can learn about cryptocurrency through these platforms, and start trading in no time.
Bitcoin is gaining popularity in Nigeria, and it has become the largest market for bitcoin in Africa. However, it used to be difficult to buy cryptocurrency in Nigeria. Today, however, there are many localized crypto exchanges that are geared towards users in Nigeria. Even if you’re not a Nigerian citizen, you can still buy and sell cryptocurrencies in the country using a local brokerage in Nigeria. You can also get a free Bitcoin Wallet on Coinbase.
While the Nigerian government has banned bank transactions using bitcoin, it has not ruled out allowing cryptocurrency exchanges. The central bank of Nigeria has warned people of the risks associated with investing in cryptocurrencies. However, it has yet to clarify whether this is a good thing or not. Meanwhile, the central bank and the deposit insurance corporation of Nigeria are planning to regulate the cryptocurrency industry. But until then, it is still unclear whether the country will regulate these companies.
Luno, which launched in 2013, has also become one of the largest crypto exchanges in Africa. Unlike Coinbase, Luno offers trading services in Nigeria and South Africa. It also offers Naira-domiciled cards and a cryptocurrency wallet system. Despite the fact that Luno has recently been affected by the CBN ban in February 2021, it still remains an excellent option. This service allows users to buy and sell cryptocurrency from local currency, and the Luno app also accepts bank transfers and debit cards.