₦airaland Forum

0905babatee:
Pls nairaex is yet to confirm my payment and i've paid since morning... Email: 0905babatee@gmail.com

We dont provide customer support on this platform. Anything that has to do with your account funding should be directed through our official customer care channels. https://www.nairaex.com/contact

www.nairaex.com is back online. Please clear your browser history if you have any difficulties accessing the new site.

BUY: $1 worth of bitcoin for 490 NGN
SELL: $1 worth of bitcoin for 455 NGN


Current rate as at 20/Oct/2016

AKMoney1:
When selling to you it takes approx 7hrs to receive payment. Why does it take that long? And can I have ur Whatsapp for direct deals? 7hrs is way too long.

Whatsapp: +2348093529360 BBMPIN: 58F554BC

Snwokenk:
Nairaex, your website is down and has been down for sometime.

We were doing some upgrades, the buying is now back online

ib87:
dear nairaex, i have been trying to purchase bitcoin on your site but i cant. after filling the amount the bitcoin amount, i find it difficult to fill in the naira value. please help

Sorry for the inconvenience, whenever the amount is not showing it simply means the buying has been disabled on the website. Buy you can always contact us on BBM,whatsapp or email for trade requests.

goldtito:
do you accept Taxpayers ID Card. I need bitcoins asap

Do you have any ID that has your photograph ?

fredkaff:
I have been trying to upload my id but naira ex does not verify it.. I uploaded my school I'd card bcoz I don't have any of those mentions.. pls kindly verify it

Email your ID to hello @ nairaex.com

akinloluazeez:
Must my account verify before i can make purchase of perfect money $

Yes.

The best and simplest definition for Bitcoin is this “Bitcoin is Money”. Yes, Bitcoin is the money of our generation and the future generations. Well, in the history of money, several object has been used to carry out transactions. Money in itself is any clearly identifiable object of value that is generally accepted for payment of goods and services and repayment of debts within a market or which is a legal tender. Bitcoin fulfills all of these. In the past, money has taken many forms like cowry shells, beads, precious metal, paper, and in our generation it is becoming digital in form of bitcoin and other cryptocurrencies.

Bitcoin is digital money; this simply means that unlike the previous form of money, Bitcoin is not anything physical. It is not physical yet more real than any form of money earlier used. It exists on a technology called Blockchain which helps to store all the information and transactions about all the Bitcoin that ever exist. The information on Blockchain can never be destroyed or manipulated. Also Blockchain cannot be controlled by one central body or government, making Bitcoin the best form of money to ever evolve. With Bitcoin, you are simply your own bank, as you can spend your money anytime, anywhere, with no restrictions whatsoever.

Recently Bitcoin has gained more popularity in the world, and even in Nigeria, people now choose to send money to their families and friends using this unique form of money. Young men and women working online now prefer to receive payment with Because of the advantage it has over ever dropping value of naira.

With this new form of money (Bitcoin) gaining popularity and acceptance around the globe, how can you as an individual benefit from it? I have tried to list a few ways to get you started.

Strategies for Making Money With Bitcoin In Nigeria

1. Trading bitcoins
Buying and selling bitcoins is probably the fastest and easiest way to try and make some money with bitcoin. Just like the stock market, bitcoin trading involves buying at a low cost and selling when the price has gone up. Bitcoin is a volatile currency which means the rate can rise or fall several times day with margin of $10-100 per bitcoin value.

2. Investments
Bitcoin like gold is scarce, this is due to the finite or limited supply of Bitcoin, there are going to be only 21 million Bitcoin ever. I mean EVER! (Out of that only about 16 million is in circulation now, as the rest are continually being mined). With bitcoin you can invest for the future. For Nigerians, Bitcoin can serve as a high profit investment, due to the behavior of the Nigerian Naira in the foreign exchange market.

Last year 5 Bitcoins was worth $1,000, because each Bitcoin was about $200. The equivalent naira rate for 5 Bitcoins was about #220,00 because each dollar was worth #220 on the black market. Fast forward a year later, the same number of Bitcoins now worth about $2,915 since the value of each bitcoin has gone up from $200 to about $583, and the equivalent naira rate for 5 Bitcoins would now be #1,078,550. Can you imagine the profit margin.

3. Remittance
Nigerians living in diaspora and those doing business across Africa, China and the world can save on money transfer fees and foreign exchange rate by sending money in Bitcoins, this would save time and reduce over 10% fees charged by several Money Transfer Operators. Bitcoin exchanges are available all over the world, allowing users to convert any currency into and out of Bitcoin.

How to Buy and Sell Bitcoin

You can exchange your Naira for Bitcoin and Bitcoin for Naira with ease in Nigeria at https://nairaex.com

In a quick summary, a bitcoin trading process involves 3 simple steps which include:

First you’ll need a bitcoin wallet – an app that lets you receive, hold, and spend bitcoin.
Open a Bitcoin trading account in Nigeria at NairaEx website on www.nairaex.com, buy your first set of bitcoins and transfer it to your bitcoin wallet. Bitcoins are divisible, you can buy as little as $10 worth of bitcoin without no extra fees.
For day trading, open trading accounts with some of the major foreign bitcoin exchanges and load it with Bitcoin funds. This will allows you to trade bitcoin directly with other fiat currencies such as USD,EURO,GBP.

Source: https://btc.ng/bitcoin-guide/how-to-make-money-with-bitcoin-in-nigeria/

Madu2013:
Can I verify my account with votes card?

Yes

BUY Bitcoin at $1/435 Naira
SELL Bitcoin at $1/410- Naira

Our 1 Bitcoin to USD is based on the global bitcoin trading rate without any fees included.


Go to www.nairaex.com to place your order.

Happy Eid Mubarak to all our Muslim customers and may the blessings of Allah be with you always.

BUY and Sell bitcoins & PM in Nigeria at www.nairaex.com

eldino44:
i know how to sell, i mean the conversion. Bitcoin value in nairra

I don't understand, can you come to our website live chat?


Here's the current rate
Buying $1 worth of bitcoin from us is 400 naira
Selling $1 worth of bitcoin to us is 383 naira

Current rate of 1 bitcoin to usd is 573.73 (this is based on the live exchange rate around the world) could move up or down


There's a live rate calculator in the nairaex account when you try to place buy or sell order.

eldino44:
good morning, pls how is the bitcoin to naira conversion done? I need details please

How to sell bitcoin

Register NairaEx.com account.

Once you logged in, go to payment information tab and enter the bank account details you want us to pay into.

Then go to the dashboard, select Sell bitcoin, confirm the bank account, enter the bitcoin amount and Submit.

The next page will show you the bitcoin address where you'll send the bitcoin to. Once you sent us the bitcoin, you will get your Naira within 1-4 hours

Buy and sell bitcoins and perfect money online in Nigeria at nairaex.com


100% secured and 24/7 Customer support

Bitcoin Is Money, See How You Can Make Money Buying and Selling Bitcoin Online with Naira in Nigeria.

https://btc.ng/bitcoin-guide/how-to-make-money-with-bitcoin-in-nigeria/a

If you believe it will work out, you’ll see opportunities. If you believe it won’t, you will see obstacles.

Sell bitcoin 370 naira & Perfect Money 365 online at nairaex.com with our state-of-the-art currency order management system and secure exchange service.

United Nations official volunteering site has just posted its first 2 vacancies for Bitcoin Gurus. Essentially this role aims to spread awareness of Bitcoin including its many properties and uses. The role comes as one of the first major efforts by the UN to alleviate African financial crises, and expose the value and flexibility of cryptocurrencies on a day to day basis or even when making remittances.united nations

The selection process is particularly simple and anyone can sign up on the online volunteering website. After you apply for the opportunity for Bitcoin trainer you may be selected to volunteer around 1-5 hours a week.

“Our organization has established an account with Coinbase, a web platform and we are accepting donations in Bitcoins. None of our team members understand the digital currency and how to seek out donations.

Initially looking for Bitcoin savvy volunteers to join their team, the volunteers are also prioritized in looking for various fundraising methods. Currently a Coinbase account has been set up for donations but the team is unaware of how to fully use the service. Therefore it has become the responsibility of the volunteer to maintain this without actually “advertising” it. Currently the only requirements are you must now fluent English and have in-depth knowledge of Bitcoin, block chain and various other technologies. Not only will you be helping to shape the future of African commerce you gain valuable experience working with one of the biggest government funded agencies.

To conclude, the opportunity set out by the united nations finally highlights the interest many nations have regarding Bitcoin and crypto. The drive to enhance education and spread knowledge of Bitcoin particularly in developing nations in Africa may soon be explosive considering current volatility for many fiat markets. Currently the markets of many countries such as Nigeria and Kenya are in ruin particularly affecting families and workers. Not only can the Bitcoin solve social issues it can easily revolutionize remittance industries many countries rely on.

Source: https://btc.ng/bitcoin-guide/united-nations-bitcoin-volunteers/

Good morning,
BUY and SELL Bitcoin and Perfect Money at www.nairaex.com

Affordable rates!

Bitcoin Today's rate:
BUY: 390 Naira
SELL: 365 Naira

Bitcoin Rate are based on the current bitcoin to usd rate around the world without no fees included.


Go to nairaex.com and place your order!

Sell/Buy Bitcoin & Perfect Money in Nigeria at http://nairaex.com . Instant funding within hours of payment confirmation. Average processing time is less than 30 minutes depends on how soon we get the bank alert and your bitcoin received 1 confirmation.

The Central bank of Nigeria has come up with a rule that leaves most Money transfer operators (MTOs) unable to provide services to Nigeria. With only three companies – western Union, MoneyGram and Ria able to continue operations, Nigerians in the diaspora are stuck with the high fees associated with these Money transfer operators. This has pose a huge concern to Nigerians home and abroad who like to move money across international borders.

However, the introduction of bitcoin into our world has revolutionized the way money is being transferred around the globe. With bitcoin in our world, we no longer have to worry about the local and international regulations that plague international money transfers to and from Nigeria, since it allows you to send ANY amount, ANY time, to ANY part of the World in almost less than FIVE minutes, at almost no cost. Bitcoin is no longer the new strange technology it used to be, as many individuals and organizations around the world now realizes that it is the cheapest, yet the fastest means of sending and receiving funds in our planet today. Not only that, it also ensures a safer delivery of your fund, without being monitored by any government or any individual, since it makes use of the decentralized technology called blockchain.

What is Bitcoin?

Simply put bitcoin is a digital form of currency; this simply means that no physical paper money is printed. The form of digital currency where no paper money is involved is referred to as crypto-currency, while the paper money are often regarded as fiat-currency. Although crypto-currencies only exist as computer codes, they are not less real than paper money is (fiat currency). And have the advantage that a very large sum can be carried around in your mobile phone, without inviting undue attention. The decentralized nature of bitcoin is another benefit it has over conventional money, meaning that it is not monitored by a central bank to regulate how much, or how your money should be spent or transferred, this made possible by the blockchain technology created by the inventor of bitcoin, Satoshi Nakamoto. The probably most important benefit of bitcoin is the peer-to-peer nature, meaning that apart from the absence of a central governing body, there is also the absence of a third party when sending money. It is usually from the sending wallet to the receiving wallet at almost no charge. This is almost impossible with fiat currency as money have to be sent from the originating bank through a third party offering money transfer services (e.g Western Union, Ria, MoneyGram etc) which charge exorbitant fees, and often have itch in delivering funds to the receiver.

Why remittance in Bitcoin better than conventional currency

Remittance is a sum of money sent in payment or as a gift. Listed below is some instances where bitcoin might be a better choice when sending money abroad.

With the world fast becoming a global village, it is not uncommon to find services online from a provider who lives several thousands of miles away in a different continent, services like graphics design, data analysis, article writing etc are rendered by people to people they have never even met. It is easiest and fastest for these services to be paid for in bitcoin, as the receiver receives payment in their wallet in less than five minutes on their devices.
Families now live in different part of the world, and often have urgent needs of funds, with bitcoin, student in the diaspora can now receive fees and allowances almost instantly from their parents, aged parents medical bill can be sent within the shortest period of time. Friends and relatives living in Europe, America, Asia and other parts of Africa can now send instant funds to their families back home in a safest and quickest way.
Entrepreneurs in Nigeria often have to send money to their business partners in China, Japan and across the globe, bitcoin makes it faster for people to transact business. People no longer have to wait for days to receive funds, nor do they have to maintain long queue in the bank or at the ATM


To own bitcoin, you have to be a miner or receive it as payment, another way is to buy bitcoin with your fiat currency. To buy bitcoin is still a challenge to several African Countries, but it is made simple by a company like Nairaex in Nigeria. One thing is, it is better to buy from a tested and trusted organization like Nairaex which has been around for a while than to buy from an unknown an inexperience seller

Steps

The first step to own bitcoin is to create a bitcoin wallet account.
A bitcoin wallet is a digital account that functions like your bank account, where your bitcoins are stored. Every wallet has an alphanumeric code called the wallet address, and functions like your Bank Account Number. With your wallet address you can receive bitcoin into your wallet from anywhere in the world. (Create a free wallet at blockchain.info)

Buy bitcoins
You can exchange your cash for bitcoin and get them transferred directly to your wallet anywhere in the world (http://www.buybitcoinworldwide.com). Bitcoin is available for sale in Nigeria at www.nairaex.com.

Sell bitcoins at Nairaex
Simply create an account at www.nairaex.com, in order to convert your bitcoin to Naira in Nigeria

fill in your account number into your nairaex account in the payment information tab.
Go to the dashboard and select ‘sell bitcoin’
Input the bitcoin amount you intend to sell
A bitcoin address would be displayed for you to transfer the bitcoins to
Within few hours your naira would be paid into the account provided in (a) above
Why it is better to deal with Nairaex

NairaEx is a leading Nigeria-based e-currency exchange that allows customers to buy and sell Bitcoin with Nigerian Naira at fair and competitive market rates via bank transfer and fast withdrawal into any Nigerian bank. We simply offer the best rate and

An exchange that started operations in 2015 and has become the most trusted, reliable and leading Bitcoin exchange in Nigeria due to our unique features and customer focused model.

Why it is better to deal with Nairaex?
NairaEx is a leading Nigeria-based e-currency exchange that allows customers to buy and sell Bitcoin with Nigerian Naira at fair and competitive market rates via bank transfer and fast withdrawal into any Nigerian bank. We simply offer the best rate and

An exchange that started operations in 2015 and has become the most trusted, reliable and leading Bitcoin exchange in Nigeria due to our unique features and customer focused model.

http://dailypost.ng/2016/08/11/bitcoin-solution-problem-remittance-nigeria-2/

BUY and SELL BITCOIN and PERFECT MONEY online in Nigeria at www.nairaex.com

SELL BITCOIN at www.nairaex.com

Bitcoin/perfect money needed - check signature

Exciting news! We've increased our SELL rates - Sell bitcoin and perfect money to us now at www.nairaex.com

BEST RATES IN TOWN!

Need help? We're always here for you. Chat with a Live Person on the website, BBM, whatsapp and other social media

BUY and SELL BITCOIN / PERFECT MONEY in Nigeria with the best rates at www.nairaex.com

dabosuker:
pls guy how can i start this bitcoin stuff? ...How can i get a bitcoin wallet ? & trade (buy stuff anywhere) with bitcoin ??

which site can i go to register? Block chain? NairaEx? ..am also hearing xapo? ..
please someone should educate me o

1. Bitcoin wallet, go to www.blockchain.info/wallet

You can download there apps on your phone too

2. To buy and sell bitcoin locally in Nigeria, go to www.nairaex.com

xapo is not available in Nigeria, they are us based

spass101:
That's great, but how much does one Bitcoin exchange for naira?

Currently
Buying 1 Bitcoin is 238140.00 Naira 375NGN/USD
Selling 1 Bitcoin is 227344.32 Naira 358NGN/USD

from www.nairaex.com

What is Bitcoin?

Bitcoin is essentially a currency just like the Naira. Instead of physical naira Bitcoin are in digital form. Bitcoin is stored in what are known as Bitcoin addresses similar to the way you may store your Naira in the bank. Access to your Bitcoin is only possible via the private key ensuring that only you have access to your coin. Currently valued at $655 prices of Bitcoin have remained stable over the past month. The coin has come a long way from humble beginnings of early 2011 when the coin was increasing in popularity.

Remittance

The remittance industry is currently one of the biggest industries in Nigeria after petrochemicals. Bitcoin has no restraints in terms of where you can send it. Sending Bitcoin abroad only costs just a number of cents and is free of any tax and customs. You too can easily buy and sell Bitcoin via Nigeria’s leading exchange [url]NairaEX.com[/url] at some of the best rates in the market.


How to Sell/buy your Bitcoin

You can easily buy Bitcoin via the NairaEX exchange when you want to transfer money to a loved one overseas. However selling Bitcoin is equally important if you want value from your transfer. Currently spending Bitcoin is not very popular and exchange to the Naira at zero cost will make sure all the money you send is sent directly to your family.

1) Once you receive Bitcoin navigate to the NairaEX exchange and register for an account.

The process is simple and can be done under a minute requiring on a few details such as your name and email.asfz
2) Once logged in you will be presented with the frontend. Click on Payment information to fill out the bank account you want to receive your naira at.

3) Now you are ready to sell your Bitcoin, plug in the amount and send them off to receive your Naira within a matter of hours.


To conclude, Bitcoin may be the currency of the future. While it has a way to go in terms of integration with services such as NairaEX you can be in control of your finances, free of taxes and constraints your money remains in your hands. NairaEX allows you to sell Bitcoin on demand with liquid asset available 24/7. You can complete your remittance with peace of mind as NairaEX is the industry leading exchange in Nigeria.

source: https://btc.ng/remittance/remittance-in-nigeria/