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Sports / Re: Cristiano Ronaldo Offered £250 Million Deal To Sign For A Saudi Arabian Club by OctoberEleven: 8:26pm On Jul 14, 2022 |
He still has 2 more years at the highest level. They should keep their money until then |
TV/Movies / Re: Next Titan Nigeria Back For Season 9 With N20M Grand Prize, And N5M For Runners by OctoberEleven: 8:22pm On Jul 14, 2022 |
Between this an BBN which is more entertaining? 1 Like |
Nairaland / General / Re: Five Common Crypto Mistakes by OctoberEleven: 2:46pm On Jul 14, 2022 |
Nice thread. That number 5 can only be a problem for greedy people 1 Like |
Politics / Re: ASUU Strike: Money Spent On Politics Can Meet Lecturers’ Demands – Shehu Sani by OctoberEleven: 7:22pm On Jul 13, 2022 |
This is sad |
Celebrities / Re: Portable Flaunts Cash, Declares Support For Oyetola, APC by OctoberEleven: 7:21pm On Jul 13, 2022 |
Good for him |
Politics / Re: Man Refused To Collect Suya Wrapped With Tinubu's Picture On It (Video) by OctoberEleven: 11:44am On Jul 13, 2022 |
Lol I love this |
Politics / Re: Atiku Travels To UK As Continued Stay Abroad Worries PDP Leaders, Stakeholders by OctoberEleven: 12:02pm On Jul 10, 2022 |
If Atiku wins, it’s clear he’ll govern from abroad 5 Likes 1 Share |
Investment / Re: 10 Types Of Nigerian Crypto Bros You Will Meet Online by OctoberEleven: 12:01pm On Jul 10, 2022 |
Dip buyer here |
Webmasters / Re: Musk: Twitter Taking Legal Action To enforce Agreed Deal by OctoberEleven: 6:01pm On Jul 09, 2022 |
When they cant provide proof that bot’s account for less than 5% of twitter users. |
Celebrities / Re: Zinoleesky & His Crew Given King's Welcome As They Storm Port-harcourt by OctoberEleven: 5:59pm On Jul 09, 2022 |
Sharp 1 Like |
Nairaland / General / Re: Python Killed After It Swallowed An Antelope (Photos) by OctoberEleven: 5:59pm On Jul 09, 2022 |
We kill every moving, crawling, flying animal for food in this country even when we are not hungry |
Celebrities / Re: Woman Cries Out To Kenneth Aguba To Pick Her As His Wife by OctoberEleven: 5:58pm On Jul 09, 2022 |
She just want to trend |
Foreign Affairs / Re: Michelle Donelan: UK Education Minister Resigns After Two Days In Office by OctoberEleven: 5:50pm On Jul 07, 2022 |
When has a public office holder ever resigned in Nigeria? |
Politics / Re: Labour Party To Unveil Baba-Ahmed As Obi’s Running Mate - Vanguard by OctoberEleven: 5:49pm On Jul 07, 2022 |
They better get this right o |
Technology Market / Re: All Offerup, Letgo, Craigslist, 5miles, Ebay, Amazon Deals.*READ FIRST PAGE* by OctoberEleven: 7:11pm On Jun 25, 2022 |
thebrownguy: Is the switch lite still available? |
Family / Re: How Do You Explain Cryptocurrency To Your Nigeria Parents by OctoberEleven: 12:29pm On Jun 24, 2022 |
Tell him it’s the future of money, and if you want to use a platform to demonstrate buying and selling, u can use Yellowcard, it has a simple user interface and very easy to use and understand for newbies |
Nairaland / General / Re: Crypto Exchanges & Trading Platforms by OctoberEleven: 4:31pm On Jun 23, 2022 |
Op you should have included kukoin on the list too. Haven’t used Gemini or Yellowcard, are they trusted exchanges? |
Technology Market / Re: All Offerup, Letgo, Craigslist, 5miles, Ebay, Amazon Deals.*READ FIRST PAGE* by OctoberEleven: 9:58am On Jun 23, 2022 |
kolabad:Swap with xs + cash? |
Investment / Re: Can I Invest N50k In Bitcoin, And How Do I Do It? by OctoberEleven: 11:22am On May 31, 2022 |
AyodejiFelix:Yellowcard is been mentioned a lot on this thread, I’ll download and check it out. Hope the sign up process isn’t stressful |
Investment / Re: Can I Invest N50k In Bitcoin, And How Do I Do It? by OctoberEleven: 11:21am On May 31, 2022 |
Realboygenius: You mean this? https://academy.yellowcard.io |
Investment / Re: Can I Invest N50k In Bitcoin, And How Do I Do It? by OctoberEleven: 11:19am On May 31, 2022 |
OladapoF:Yea, I don’t necessarily have to invest in bitcoin. Do you have any particular coin in mind? One with high prospects |
Investment / How Cryptocurrencies Are Empowering Nigerians by OctoberEleven: 10:48am On May 31, 2022 |
According to Statista, Nigeria has one of the highest number of cryptocurrency adoptions in the world. To put it in context, 6 out of 10 Nigerian youths are interested in cryptocurrencies. About 4 out of them must have invested in these currencies, either by trading Bitcoin or running a remittance/OTC business. There is a thriving market for crypto in Nigeria, and we’ll be looking at some of the ways that bitcoin and other cryptocurrencies are creating opportunities for Nigerians: 1). Bitcoin Offers Financial Freedom and Inclusion In a country with a high poverty index, and the naira triggering increased inflation, bitcoin and other cryptocurrencies represent a more alternative source of asset distribution and financial transfer. Today, Nigerians can buy, sell and store cryptocurrency without consulting an intermediary in the form of a bank or carrying physical cash. The trust has been enacted further by introducing Peer-to-Peer (P2P) based transactions. 2). Cryptocurrencies Create Job Opportunities for Nigerians Cryptocurrency has become a source of livelihood for many Nigerians. According to Cointelegraph, crypto and blockchain jobs’ share grew 118% in 10 months and has hired the most of any industry in the last year. Nigeria is not left out as many have gotten jobs in crypto writing, blockchain development, product design, NFT marketing, community management, game development etc. These opportunities pay between $200-$3000/per month. For a country with $70 minimum wage, that’s remarkable. Based on the prevailing exchange rate of the dollar to the naira and the massive unemployment, Nigerians can now earn income from trading, investing in bitcoin and working in the cryptocurrency industry. 3). Cryptocurrency Trading and OTC/Remittance This is the most popular cryptocurrency investment strategy in Nigeria. Cryptocurrency enthusiasts in the country buy bitcoin to sell at a profit or stake them to earn passive income. Staking a cryptocurrency simply means putting it in a liquidity pool or offering it up for use in borrowing and lending services to those who need the asset. Nigerians also offer remittance services, whereby they exchange bitcoin or some other cryptocurrencies for Naira Over-the-Counter OTC. For example, a Nigerian Over-the-Counter (OTC) trader can offer to buy bitcoin from another Nigerian and pay the person in Naira. Millions of Naira are transacted daily just for OTC trades, thus, creating a constant stream of income for the traders. 4). Cryptocurrency Adoption in Nigeria is Creating Blockchain Consciousness Blockchain is the underlying technology that powers the bitcoin cryptocurrency. It has also been used as a decentralized infrastructure/network powering many other decentralized projects and platforms. The successful adoption of Bitcoin and cryptocurrencies in Nigeria has increased blockchain consciousness, with many young Nigerians picking up valuable careers in the crypto industry. The Government has a Role to Play. Based on the anticipation of a broader crypto use case and the enthusiasm shown so far by Nigeria’s younger population, the bulk of the technology’s success in the country lies with the government. If the government lifts the ban on banks for crypto trade and puts systems in place to make it more mainstream, more Nigerians will be encouraged to invest in cryptocurrencies. The government just needs to regulate the market and ensure that bitcoin is not used to promote Ponzi schemes, perpetuate cybercrimes or promote fraud. When fully regulated and recognized by law, bitcoin and indeed cryptocurrencies would not only attract Foreign Direct Investment (FDI) in the country but will also help solve some of the economic struggles that have befallen the country in recent times. Source>> https://techpoint.africa/2022/05/25/the-role-of-bitcoin-and-other-cryptocurrencies-in-empowering-nigerians/
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Investment / Can I Invest N50k In Bitcoin, And How Do I Do It? by OctoberEleven: 9:32am On May 26, 2022 |
Hey guys, I’m a noob in everything crypto. Now that bitcoin is down, can I come invest N50,000 in it or is it too small? Where do I buy from, how do I begin my journey. I’m not looking to make profit immediately, just long term investment. Since I missed out on it years ago, I wouldn’t want to miss out now that’ it’s down. Or is there another coin that has more prospects than bitcoin. |
Nairaland / General / Re: Best Platform To Trade Cryptocurrency. by OctoberEleven: 3:41pm On May 12, 2022 |
Binance |
Religion / Re: Interesting Things You Need To Know About Omemma- A Musical Play by OctoberEleven: 11:18am On May 08, 2022 |
I love when thespians shine the light on social issues. I would love to watch! Is there an entrance fee? |
Sports / Re: Chelsea: Todd Boehly Chosen As Preferred Bidder For Premier League Club. by OctoberEleven: 7:02pm On Apr 29, 2022 |
Chelsea should stay away from American owners! They're comfortable not winning trophies as long as they make money off the club 2 Likes |
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