What is the value of bitcoin to naira

So bottomline, if you’re looking for exact exchange rate look on a local exchange. Apr 10 ’13 at Low These are the lowest points the exchange rate has been at in the last 30 and day periods. Live mid-market rates

₦2,563,344.76

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is tk first decentralized cryptocurrency — Its reputation has spawned copies and evolution in the space. Learn More. Currency trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content or data on our Site is meant to be a solicitation or offer.

Free Online Bitcoin (BTC) and Nigerian naira (NGN) Exchange Rate Conversion Calculator. Source: FCR

As a growing number of people become aware of and interested in Bitcoin —especially when the price tends to increase — we often get asked:. Many people find it difficult to grasp how something which only exists digitally can have any value at all. The answer to this question is rather simple and it lies in basic economics: scarcity, utility, supply, and demand. By definition, if something is both rare scarce and useful utility it must have value and demand a specific price , with all other things being equal. Take gold, for example.

Further Information Bitcoin — Nigerian Naira

The review is about Naira2USD, the exchange that lets you buy and sell bitcoin what is the value of bitcoin to naira other digital currencies without verification. In this review, you will learn all about Naira2USD, the digital currencies that are supported on its exchange platform, its transaction fees, limits as well as the countries it supports.

Naira2USD offers a virtual credit card that helps users to verify their Paypal account. To smoothly walk you through this review, here is what I will be covering. Naira2USD has been in operation since and still counting. The company offers users the opportunity to easily purchase digital currencies through basic payment methods like bank deposits, mobile transfer.

It also has an easy to use interface. Thus this makes it very easy for everyone to buy their desired currencies in a more reliable and convenient way possible. Top 9 e-currency exchanges in Nigeria. Naira2USD offers 3 services to its users. Customers can access these services from the Naira2USD dashboard.

The Pay4Me service provides solutions to people that need to buy products or pay for services with other online payments. Some of these online payment systems do not accept payment from Nigeria. DubaiSouth Africa, Cyprus, Luxembourg. So you can convert real earnings to your PayPal account and then deposit the money to your local banks for withdrawal.

Visit Site. Customers can contact support if the desired cryptocurrency they wish to buy or sell is not listed on the exchange. Nira2USD gladly accepts payments through cryptocurrency like Bitcoin. This is because transferring bitcoins is fast and easy. Naira2USD does not charge outright fees. Its transaction charges are incorporated in its exchange rate which varies from time to time and from currency to currency.

The rate on other currencies is displayed on the home page. You can also check out the exchange fees of the 10 best bitcoin exchanges in Nigeria. Naira2USD has an account verification option but does not place limits on unverified accounts. Users on this platform can buy and sell any amount of coins their heart desires. Thus this makes it a safe haven for individuals who will like to transact large volumes while keeping their true identities secret.

This is due to the fact that it takes customer care services seriously and has made itself available through various mediums. Such mediums include; E-mail, Mobile numbers and also a live chat feature on their website as seen. This is the section where we see frequently asked questions on the exchange platform.

Here are a few FAQs we can see on the platform:. After your account has been successfully created, you can log in and complete the empty fields on your profile. Fields such as; your bank details and currency wallet addresses.

Like I earlier said, to make use of this platform, you need to create an account. You can also convert e-currency to cash. The e-currency will be credited to your bank account. To do this, you will have to follow the steps listed below. You will receive an e-mail from the Naira2USD team after approving your request.

The equivalent amount of your e-currency will be credited into your bank account in less than 15mins. Naira2USD is a big and responsive exchange company. It has a physical address and is legally registered under its parent company Simac C and S Services. This means that you can take legal actions if discord arises while using its trading site. However, the exchange is not flawless as can be seen from the pros what is the value of bitcoin to naira cons below see product rating.

The exchange platform is a decent choice for beginners as well as any average cryptocurrency enthusiast despite its flaws. Lastly, if you enjoy reading this post and want to encourage me to keep pushing out awesome content like this, kindly share this post.

Thank you. This site uses Akismet to reduce spam. Learn how your comment data is processed. Friend’s Email Address. Your Name. Your Email Address. Naira2USD 0. Reputation 8. Customer Support 8. Ease of Use 8. Security 7. Rates 6. Pros Easy to Use interface Active customer support. Tweet Pin LinkedIn Email. About Latest Posts. Achara Chukwuebuka. I’m a writer.

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Realtime Cryptocurrency Market Rates in Naira, Dollar, Euro & Pounds

Existing clients should log in to get a quote. Further Information Vaalue — Nigerian Naira. Stephen Gornick Stephen Gornick Active 6 months ago. Hint: «currency conversion math» as some keywords. Convert amounts to or from USD and other currencies bitcoin to naira conversion rate with this simple Bitcoin calculator. Sure it. Dave, i just wasnt sure and i dont know why i got negatives for this, it was an honest question. Transfer fee. Asked 6 years, 8 months ago.