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.
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