What is Bitcoin: Where to buy and Sell Bitcoin in NigeriaCompanies like Kipochi and BitPesa have already begun to use bitcoin for those home-to-grandma payments, known as remittances.
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According to bitcoin advocates, the cryptocurrency could help solve both problems.So far, bitcoin activity in Africa has picked up most among young tech-savvy men in urban centers such as Nairobi, says Pelle Braendgaard, the CEO of Kipochi.You can buy bitcoins by depositing Naira into our bank account in Nigeria and you can sell bitcoin and withdraw Naira directly to any.
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The members then use the currency to purchase goods from one another, while reserving shillings for commerce outside the community, such as paying school fees.We suggest you try like 2 or 3 times as it may be due to network issues in Nigeria.
You can also specify the amount you have to quicken the process. Anything.Right now, they pay dearly for the privilege: 12 percent of each transaction, on average.By contrast, because the circulation of bitcoins is capped at 21 million, the cryptocurrency is — at least theoretically — inflation-proof.The Central Bank of Nigeria (CBN) recently clarified its stance on bitcoin at a meeting organized by the Chartered Institute of Bankers in Nigeria (CIBN).
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