space9880:
do you have a WhatsApp number? Your live chats and email response sucks while the number on your website is not going through even if it manages to there is no response I have a little problem and it is taking over 3 days now to get it rectified. After now I don't think I'll continue with your services as your response to user's complaint is very poor.

We don't have whatsapp or provide support on nairaland.

Email us and put nairaland on the subject and we'll check it out.

Abby2018:
The most fraudulent Exchange Websites To avoid Buying And Selling of Bitcoin In Nigeria is https://www.nairaex.com/

don't say that I didn't warn you.

may God Punish them and all their fraudulent activities

Can you share more details?

NairaEx.com is Nigeria's first no-fee cryptocurrency brokerage since 2015. There is no trading, deposit or withdrawal fees.

How to Buy Bitcoins With Nigerian Naira?
https://support.nairaex.com/support/solutions/articles/43000573523-how-to-buy-bitcoins-with-nigerian-naira-
How to Sell Bitcoins to Nigerian Naira?
https://support.nairaex.com/support/solutions/articles/43000573537-how-to-sell-bitcoins-to-nigerian-naira-

USD is coming to NairaEx, finally. We'll support payout of BTC trade into Sterling Banks USD Domiciliary Account.

Paxful wallet users Send Bitcoin to NairaEx sell order without ANY fees and confirmation wait time. Create your NairaEx sell order, click Pay with Paxful button and it will redirect you to your Paxful wallet to confirm the transaction.

You’ve probably received numerous emails about the impact of COVID-19 over the past couple of weeks.

As Nigeria imposes lockdown in cities to curb the coronavirus, we feel it is important to update you on what is happening at NairaEx as we know this unexpected event raises many questions.

As always, we are open for business. NairaEx is a digital-based Bitcoin company, hence we are always ready to serve our customers online 24/7. Our bitcoin trading system is fully automated with instant payout without any need for human input. NairaEx trading and customer channels will remain open as usual to offer support to its clients.

Recognizing the financial challenges that the current COVID-19 pandemic is creating for some customers, we are giving out FREE 1,000 Naira worth of NairaEx loyalty points to every customer that traded on NairaEx between January 1st, 2020 and March 31st, 2020. These points can be redeemed on the NairaEx bill platform for airtime, electricity & cable TV subscription. Check the guide on how to use NairaEx bill https://support.nairaex.com/support/solutions/articles/43000567039-how-to-use-nairaex-bill

Thank you for your continued trust and ongoing relationship with us. We look forward to a great year despite the odds.
Team NairaEx

@kryptochats:
Thanks for the mention
NairaEx.com order system is fully automated, buy and sell is settled instantly without any human input. Also, Customers earn reward points that can be used to pay for bills eg Airtime.

Following an eventful past week, here are major headlines in the cryptocurrency industry.



Facebook’s ‘GlobalCoin’ Cryptocurrency to Launch in 2020

Reports by BBC News reveal that Facebook plans to launch its cryptocurrency in Q1 of 2020. Further details about the digital currency dubbed “GlobalCoin” will be unveiled in summer of 2019 prior to testing later this year.

Early indications show that an updated version of the Facebook app features a “Send or Request Money” option.

Zimbabwe Stock Exchange Eyes Blockchain Technology

CEO of Zimbabwe Stock Exchange (ZSE) Justin Bgoni expressed interest by the institution in utilizing blockchain technology. The ZSE boss analysed benefits, regulatory concerns and possible use cases in investment, commodities exchange and ETFs.

Send Bitcoin (BTC) Via WhatsApp

A new bot now allows users send and receive Bitcoin via WhatsApp messenger. The bot dubbed Lite.IM is developed by blockchain startup Zulu Republic and is designed as a WhatsApp extension with support for Bitcoin, Ethereum, Litecoin and ZTX transactions.

Huge Demand on Binance, Signs of Bull Run

World’s largest Bitcoin exchange by trading volume - Binance last week experienced huge traffic and demand on its website with massive influx of new users. According to its CEO, the signs are good and signify the end of the bear market after trades exceeded that of the 2017 high.

In his opinion “We’re in accumulation now for the next few months and pending 2020 we should see a bull run to new all-time highs on Bitcoin.”

AT&T Now Accepts Bitcoin

World’s largest telecommunication company with over 150 million subscribers, At&t announced it will now accept Bitcoin payments for phone bills. The company says it looks to improve and expand services to customers in their preferred method of payment (cryptocurrency).

Another US Presidential Candidate Accepting Crypto Donations

United States presidential hopeful, Eric Swalwell becomes the latest aspirant raising funds and campaign donations in cryptocurrency. The four-time California rep joins an elite list of pro Bitcoin politicians in government. Will President Trump join the trend?

Louis Vuitton and Christian Dior in Blockchain

Fashion luxury brands LV and Christian Dior have partnered with Microsoft to introduce a blockchain-powered verification platform. The blockchain platform named AURA will allow customers to verify the authenticity of products they seek to purchase; from raw materials, product tracking and quality.



For regular updates, visit www.BTC.ng. Don’t miss the stories, stay informed.

Buy/Sell Bitcoin on Nigeria’s premier Bitcoin exchange: www.NairaEx.com, instant buy order, ease of use, secure platform.

Here are headline stories from the past week:
Samsung to Include Crypto Wallet Feature on Budget Galaxy Phones
South Korean tech giant – Samsung has given hints on a possible inclusion of its Galaxy S10 crypto wallet features in other low cost galaxy smartphones. This move they believe will spread usability and functionality of cryptocurrency features to more jurisdictions and users
Read here: https://btc.ng/market-news/adoption/samsung-to-add-its-crypto-wallet-to-budget-galaxy-smartphones/

Crypto Payments are Coming to Whole Foods and other American Retail Stores
Last week, U.S. based crypto exchange Gemini announced a partnership with payments startup Flexa which would see retailers across the US (including Starbucks, Whole Foods and more) begin accepting crypto payment for goods and services. Gemini will handle the back-end operations while payments will be made using the Flexa mobile app.
A plus for more adoption; as these retailers boast of a huge customer base.

NairaEx Increases Buy limit with Added Instant Buy Feature
Nigeria’s premier and most trusted Bitcoin exchange NairaEx has continued to serve its customers new and improved features in line with global standards. The exchange has introduced an increased BUY ORDER limit up to 500,000 naira on a single order; for customers who wish to make Bitcoin purchases via Online Bank gateway or using their Bank Cards.
There’s more; this feature comes with instant order completion, so once payment is completed you get your Bitcoins ASAP.

HTC launches Second Blockchain Phone
HTC has unveiled plans for its second blockchain phone. It will be recalled that the Taiwanese phone manufacturer had in 2018 launched the first blockchain phone - Exodus 1.
This latest device is dubbed the HTC Exodus 1S and is a variant from the former. Notably, Exodus 1S comes with an added capability to run a complete Bitcoin node. The smartphone is priced at $250 - $300.
More details here: https://btc.ng/blockchain/htc-launches-a-second-blockchain-phone/

Bitcoin Completes Rally, Peaks at $8000
Coming into the past week, Bitcoin continued a stellar run to hit a peak price of $8000 after an 8-month dip.
Though a slight correction to $7060 was witnessed during the week, the number one cryptocurrency sure rewarded holders with a buzz around the cryptocurrency community; moving from $5000 to $8000 in under three weeks.
At the time of this publication (2019-05-19), Bitcoin has recovered to now trade at $7,874.
Altcoins were however not left out as they also posted double figure gains while Bitcoin took a breather. See here: https://btc.ng/market-news/altcoins-takeover-as-green-day-continues/

Microsoft is Building Digital Identity on the Bitcoin Blockchain
Tech giant Microsoft announced plans to build the first decentralized identity (DID) network on top of the Bitcoin Blockchain.
According to the company’s publication, the project named Identity Overlay Network (ION) will be built directly on the Bitcoin Blockchain as the company explores ways to allow users own, secure and control their digital identity data towards greater decentralization.
See details here: https://btc.ng/blockchain/microsoft-to-build-decentralized-id-network-on-bitcoin-blockchain/

About NairaEx Crypto Weekly
This newsletter feature will be sent at the end of each week (Saturday) and will include news on industry trends, coin/trade analysis, new engagements or projects in the crypto and blockchain industry, investment trends, upcoming events as well as other interest areas for investors and the general crypto community.
Our team of professionals across various cryptocurrency and blockchain niches contribute to this publication; which consists a team of editors at BTC.ng under the auspice of Nigeria’s premier Bitcoin exchange - NairaEx.com

PHISHING & SCAM ALERT: Take note of the phishing site and scam attempts below. It is not connected with #NairaEx (https://nairaex.com)
Learn more at https://support.nairaex.com/support/solutions/articles/43000339403-how-do-i-protect-my-nairaex-account-?fbclid=IwAR3lr86o4YPzuYt-D2vc_Xo0jw442sjysifGPV9O2zYy-aw8_mD2byuQAF4

Careful with the person that created this thread, he/she has another scam thread tricking users into disclosing their email address and password credentials.

NairaEx.com doesn't offer any investment plan.

The TX might have been pruned due to bitcoin network congestion & BTC resent.

NairaEx Doesn't buy or sell privately via facebook page or any social media accounts. We don't have any agents. Beware of 419. Place your order via the website nairaex.com ONLY!

Please help us report this person (Nairaex biz) to facebook. Buying and Selling are completed via the website only. We don't sell mining rigs. Don't fall for imposter scams. https://www.facebook.com/Nairaexbiz/ https://www.facebook.com/ecurrencyexchanges

joyuchenna56:

Akuko! And I recopied and it miraculously changed? Hugh? Everyone has one thing to say, that I was scammed by you guys, copy and paste virus does not exist on an iPhone 7 ooooo, such a shame? 100k, u guys can’t even accept ur carelessness..., and I’ve written a statement in police Incase anything happens to me, this one u guys has started by blocking the NairaEx forgetting I have all the screenshots.. stop the threats and accept your wrong...I’ve advised people to make a live video when transacting with u guys else or better still use another vendors... that’s what absolute power causes, no one checks u guys so u just scam at will, with their terrible Customer care agents that keeps insulting everyone on phone... just terrible

I hope you know making a false report to police is a criminal offense, where did NairaEx threaten you?

Your emails/actions are related to defamation. Hopefully, your lawyer will understand TOS

joyuchenna56:

If u like process 1billion daily, that is not my business, when you take my (small) 100k from 10ppl everyday, do the math ... u guys scammed me and I will keep telling everyone I see, cos am sure what I pasted, only I did not screenshot, how was I supposed to know u guys will play a fast one on me, how about the many people on a telegram group that had their own stories too. I will not rest until justice is done... mschew

From the WhatsApp conversation between you and the person that gave you the address, you failed to check what you copied and clearly, you didn't check what you provided in the order.

I even told you how you suppose to confirm any bitcoin address you copy/paste by sending you my own WhatsApp conversation.

Bitcoin address doesn't contain personal information like bank account number with bank account names, You provided the address and bitcoin were sent to it. If you make mistakes with your bank account number and sent to the wrong person, the bank will not reverse the transaction.

Bitcoin protocol doesn't cover careless users.

joyuchenna56:

That is a lie from the pit of hell, how come many people backed up my claim from a telegram group am in, You Guys sent it to your own address, at first u claimed I had copy and paste virus on my phone, only for a bitcoin expert to tell me it’s not possible on an iPhone 7plus... how can u guys steal from people that trusted you guys... someone in ur company is changing people’s btc address and u should investigate that and stop claiming right... it’s until he runs down the site that’s when ur eyes will clear... thieves and this will never go unpunished.. jj enterprise will hear from my lawyers soon.

You were told to check the system you used for malware & virus because Clipboard-altering program could change your bitcoin address when copying and pasting it. Also, you could have pasted a previously copied bitcoin address. (those are the possibilities)

You failed to double check your bitcoin address and confirm the address you copied is same as what you paste.

The details you submitted on the order can't be edited by NairaEx admin or customer. NairaEx processes over 1 billion worth of transactions monthly, there is nothing we want to do with your 100k Naira bitcoin.

Bitcoin transactions are irreversible it's imperative to thoroughly review and confirm the wallet address you entered is correct before you submit your order which you failed to do.

The terms and conditions are very clear, NairaEx is not responsible for incorrect outputs due to client oversight. You weren't blindfolded when you placed the order and provided 1DRVrMWxe9bUZqoSSA7s2niWA5zqmE1UG5 as your destination address.

dahreh90:

Deducted? After being charged by blockchain in the first place. How much will it now remain... That's wickedness my brother.

The 2k covers the transaction fee needed to process your trade NairaEx.

Bitcoin transaction fees are skyrocketing due to the bitcoin network scalability issues, average transaction fees is around $4-7

Imagine you sold 15,000 NGN/345= $43.47 minus $4(processing cost)= $39.47

It cost NairaEx 380.03NGN/USD for the bitcoin you sold at 345 NGN/USD

Fun fact:
NairaEx was launched with no minimum, we even sold $1 bitcoin when it cost $0.01 to send bitcoin back in the days

dahreh90:
2,000 FEES WILL APPLY IF BITCOIN SENT TO NAIRAEX ADDRESS IS LESS THAN 15,000 NAIRA... NairaEx I don't really understand this statement. Do you mean 2k will be added to my money if I'm selling less than 15k worth of bitcoin or what?

2k will be deducted

dahreh90:
At what rate do you buy from people?

The live rate is on the site homepage and account dashboard.

Bitcoin crossed $9,000 for the first time putting $10,000 price mark within reach. https://btc.ng/market-news/1889/

jegbines:
when you buy and sell less than the amount, is this not a loss?

Depends on your trading strategy and what you are using the bitcoin for, bitcoin trading is similar to FX, buy low and sell high.

Investing in other cryptocurrency, There are other currencies just like bitcoin, you can trade them for Bitcoin too.

There is also ICO.

This is not an investment advice, bitcoin trading involves high risk. Do your own research.


This is a post from MAY 25 and currently 1 Bitcoin is over 3,000,000 Naira, bitcoin has risen more than 700% this year.

NairaExsupport:
All time high! Buying & Selling 1 bitcoin is now above 1,000,000 Naira as bitcoin is track to $3000/BTC
Fun fact: Bitcoin was 45,532.76 NGN on 2015- Sept

The bitcoin was sent to address you provided in the order which is 1DRVrMWxe9bUZqoSSA7s2niWA5zqmE1UG5 . Bitcoin transactions are irreversible, Unfortunately, there is nothing the nairaex can do to help you. it's your responsibility to ensure you provided a valid address

Always double check your Bitcoin address.

The bitcoin was sent to address you provided in the order which is 1DRVrMWxe9bUZqoSSA7s2niWA5zqmE1UG5 . Bitcoin transactions are irreversible, Unfortunately, there is nothing the NairaEx can do to help you. it's your responsibility to ensure you provided a valid address

Always double check your Bitcoin address.

BITCOIN PRICE SHOT UP 750% THIS YEAR WITH POTENTIAL TO REACH $10,000

Read more at:
https://btc.ng/market-news/1889/

NairaEx minimum order amount reverts to 15,000 NGN. 2,000 will be deducted from order below the limit.