@Rioelder
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Trading with BCH in Nigeria
Nigerians Have Many Options to Trade and Use BCH Cryptocurrencies provide an economical alternative to the fiat system, but in order to be a viable option a functioning trading and exchange infrastructure is needed. Luckily, Nigeria has a number of local platforms that support purchases and sales of digital coins with the national currency, the naira.
Options include Nairaex, which is the largest local crypto exchange supporting several payment methods to buy and sell BCH including bank transfers, and cryptocurrency remittance platform Bitpesa. The latter works with M-Pesa, a popular mobile phone-based money transfer service initially launched in Kenya and Tanzania. Nigerians can use Bitpesa to buy crypto with debit cards. They can also take advantage of the services offered by Wallet.ng, Busha, Tradefada, Bitfxt, and many more.  Nigerians now also have plenty of options to use cryptocurrencies. Paychant is a payment processor that offers a cryptocurrency gateway for businesses to accept digital coins through instant conversion to local fiat, NGN in this case, helping them to protect their revenues from crypto price volatility. Merchants who want to accept crypto directly can download and install the Bitcoin Cash Register app.
The point of sale software will allow them to process BCHpayments. A growing number of Nigerian companies already accept payments in cryptocurrency, the Buy btc Worldwide website reveals. One of them is the mobile airtime and SMS packages provider Gsm2me. The Nigerian platforms works with over 500 networks in 135 countries. Lagos-based online boutique shop and leather atelier Minku is another example.
Its store sells fashion items and accessories in over a dozen other countries beside Nigeria.
10 comments
Nice one @Rioelder. It is resourceful and useful. Keep doing the good job as always. Kudos!
@olad thanks, it quit a while you write an article, looking forward to that,thanks the comment you always inspired me to write more
Thank you. I will soon publish another article. I'm just trying to allocate my time well among many activities. Thank you a lot.
Nice one
Thanks @Ademola, can wait to put a pen on yours too.
I really think that Nigerians are becoming more aware of the benefits of trading bitcoin, and its awesome the improvements I'm seeing. Generally, another good wallet is also Buycoins. Checkout their website at buycoins.africa . Tbey also have an app, and it's available on the play store. It's of the best I've seen yet.
Thanks ozzyy,I really appreciate this. And for the app, I will check it right away.
Great to see Nigeria performing in criptocurrency business. I'm proud of you my country and I'm proud to be a Nigerian.
Good article. You gave me some insight in this subject. Thanks
You're welcome pal.