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How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) - Investment (2) - Nairaland

Nairaland Forum / Nairaland / General / Investment / How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) (11396 Views)

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Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by Swiftkey(m): 10:09am On Sep 11, 2021
SavageResponse:


If you want to save then just buy forex and pay it into your dom accounts, that's what I do

Great answer SavageResponse.

We can help you open one here at Heritage bank if you're interested
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by vican6(m): 9:44am On Sep 13, 2021
Can one buy dollars from the bank to fund your don account.
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by OBALOLA55(m): 9:55am On Sep 13, 2021
wisedon83:
Chat me up on watapp so I can put you through 0 eight 0 three 4 eight 8 two 7 two 2
OLAWALEBAMMIE DONT CHAT ANYBODY ON WHATSAPP O, THERE ARE SO MANY WOLVES ON NAIRALAND LOOKING FOR WHOM TO DEVOUR.



OGBENI SHUT UP IF YOU DON’T WANT TO EXPLAIN IT HERE angry

1 Like

Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by OBALOLA55(m): 10:00am On Sep 13, 2021
ciencee:

how can i now buy the USDT, considering the FG ban on crypto.
USE BINANCE P2P
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by OlawaleBammie: 10:25am On Sep 13, 2021
OBALOLA55:
OLAWALEBAMMIE DONT CHAT ANYBODY ON WHATSAPP O, THERE ARE SO MANY WOLVES ON NAIRALAND LOOKING FOR WHOM TO DEVOUR.



OGBENI SHUT UP IF YOU DON’T WANT TO EXPLAIN IT HERE angry


Ahahahahahaha grin grin grin
Obalola u be my nigga, do I even remember that anybody told me to chat him up??

1 Like

Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by OlawaleBammie: 10:34am On Sep 13, 2021
Activist001:

Convert the money to a stable coin called USDT and leave it there. USDT is tied to the dollar so your technically saving your money in dollars.

If you want to use the money to trade (risky) other than just saving, then you can convert the USDT to any cryptocurrency of your choice and go from there.

Hope this answers your question.
ok, bros pls come.

U mean even without knowing how to trade and not having Internet in trading crypto I can still save money in crypto??
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by cydophobia(m): 10:39am On Sep 13, 2021
Can you share more lights on this?

Thanks.

SavageResponse:


If you want to save then just buy forex and pay it into your dom accounts, that's what I do
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by OlawaleBammie: 10:53am On Sep 13, 2021
cydophobia:
Can you share more lights on this?

Thanks.

i tink what he's saying is dat u wil use ur naira to buy dollars at the banks exchange rate, den save the bought dollar in ur dom account.

1 Like

Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by vican6(m): 11:07am On Sep 13, 2021
Is it possible to get dollars from the bank you operate a dom account for instance I have a dom account with Gtb, Can i buy dollars from them and use it to fund my dom account.
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by Louisfrank(m): 3:05am On Jun 30, 2022
My plain advice is for you to invest it in crypto, I actually was in yr shoes few months ago, I tried access bank n dey were telling thrash, I got d advice to invest it into crypto since it isn't money I need anytime soon n within then n now I've made whooping profit, I trade eth, usdt and cardano tho can't let btc comman gimme headache
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by Chukwumdi: 10:19pm On Jul 09, 2022
Where is the best place to buy dollar and save in the dom account?

Bank or black market?
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by Chukatabra: 8:36pm On Feb 09, 2023
To be honest, there are several ways you can save money in Dollars from Nigeria.

This article does enough justice: https://blog.changera.co/how-to-save-money-in-dollars-in-nigeria/
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by HAminat(f): 9:02am On Mar 08, 2023
Lately, I make use of cardify wallet. Aside from saving your naira, it is also easier to keep your dollar or pounds on it. Bros, try it.
Re: How Can I Be Saving My Money In US Dollars (or Other Foreign Currencies) by Chukatabra: 9:00am On Apr 21, 2023
One of the best ways to do this is by buying stable crypto coin like cUSD, XRP and the likes. This article helped me finding how to buy them:

https://blog.bitmama.io/how-to-buy-celo-dollar-cusd-in-nigeria/

https://blog.bitmama.io/how-to-buy-polygon-matic-in-nigeria/

https://blog.bitmama.io/how-to-buy-xrp-in-nigeria/

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