buy bitcoin in nigeria with debit card

Create an account, grab your free Bitcoin wallet, and choose from thousands of available offers on your desktop, iOS or Android device. Then after that, you can proceed reading below, to understand the best place you should buy Bitcoin (BTC) in Nigeria with your debit or credit card. Several bitcoin exchanges accept different payment methods. Like other platforms such as; Changelly and ShapeShift, CoinSwitch can easily convert any cryptocurrency into another one. Buy Bitcoin Buy Ethereum Buy USDT Buy EOS Buy XRP Buy Bitcoin Cash Buy Litecoin Buy Gemini Dollar Buy Bitcoin With Gift Cards Buy Bitcoin In Nigeria. Because I use LUNO, I will be providing a guide on how to buy bitcoin in Nigeria with your debit card. No registration required, just enter your desired crypto amount and follow the steps below. Initially, it was difficult to purchase bitcoins using debit cards due to the issue chargeback. The seller would go on to validate the payment and release the bitcoin. People who want to buy bitcoin always look for the most comfortable way to do it. Changelly is yet another cryptocurrency exchange that accepts payment with credit/debit cards. and this will be seen in the near future. There are several payment methods available to buy bitcoin in Nigeria. How to Sell Steam Gift Card: Step-by-Step Guide for Beginners (2021) January April 30, … Want to know the exchanges that accept credit/debit cards from Nigeria and other countries? Despite it being a global exchange, there are restrictions for users from up to 13 states of the USA (United States of America). © 2021 The Crypto Staunch. How to Buy Bitcoin Instantly with Credit and Debit Card in Nigeria, In Nigeria, there are several exchanges that allow you to buy cryptocurrency with a debit or credit card, including Binance, Paxful, Paybis, and Luno. How To Buy Bitcoin with Perfect Money in Nigeria. Buying of bitcoin in Nigeria or; Selling/converting your bitcoin to cash in your local bank account. NairaEX, launched in 2015, is the largest Bitcoin exchange in Nigeria. There has been a cautious stance taken by the Nigerian government regarding Bitcoin cryptocurrency. Looking for exchanges where you can buy Bitcoin and other cryptocurrencies in Nigeria?. Complete the required identity verification. Other peer-to-peer bitcoin trading platforms work similarly to Paxful. It stated that bank transactions in Bitcoin and other forms of virtual currency were banned in Nigeria. Therefore, exchanges are more open to credit or debit card purchases in recent days. Looking for a safe mobile app in buying Bitcoin look no further line is here to serve … Buy Dogecoin and other cryptocurrencies worldwide, instantly and with low fees. Luno Bitcoin. Join telegram channel. In January 2017, the CBN issued another circular – this time to banks. Meanwhile, somewhere in other parts of African continent like; South Africa, Johannesburg, Zimbabwe, Cote D’ Voire, Congo Republic and Ethiopia. Due to individual preferences and needs, everyone’s taste and experiences differs, and that is to say, you may not want to buy Bitcoin cryptocurrency asset from the same exchange as another person bought. You can also sell your bitcoins to us and you will receive money in your naira bank account almost instantly in … A window would show to allow you to choose the Debit/Credit card as your preferred payment method. Nigeria has embraced Bitcoin in a big way and numbers don’t lie. Next, another window will open, and you need to enter your card information, including card number, expiry date, and CVV code. Buy Bitcoin Cash (BCH), Bitcoin (BTC) and other cryptocurrencies instantly. Next to it, you can choose your preferred currency. that are more crypto-based businesses friendly. For example, Simplex limitations (for purchasing BTC, LTC, BCH, XRP, ETH): Indacoin limitations (except for Bitcoin, Litecoin, Bitcoin Cash, Ripple, Ethereum): Quidax is one of the exchanges that allow its users to buy Bitcoin using debit/credit cards. (Please transact only during business hours: 9 - 5.30PM, Monday - Friday) It all depends on the Bitcoin wallet or marketplace you choose to use. Get in on the action! Let take a look at an example of bitpesa, to buy bitcoin in Nigeria using a debit card … So, when next you wish to buy bitcoin, do not worry as you can do that simply with your bank debit card. In Uganda, you can buy with MTN or Airtel. You can read further on my detailed NairEx exchange review. Basically, the intention of the team behind the platform is to make CoinSwitch anonymous exchange platform. In addition to securing your cryptocurrency investment with the a secure wallet, you should also understand how you can safely guard your crypto wallet from loss, hacking, misplacement, armed robbers or theft etc. Luno now supports both Bitcoin, Bitcoin Cash and Ethereum wallet. Select the offer that suits you the most. Though still very young in the crypto space, it has come to be known as ‘The world’s leading crypto trading platform’ in the market. You can either buy from one of many offers listed by other people looking to sell their BTC using a credit/debit card. Binance is a cryptocurrency exchange platform that was launched in 2017 after their Initial Coin Offering (ICO). It’s best to go with a user with a quality rating, reputation, and a decent number of trading activities. Bitcoin cryptocurrency investment is becoming popular in Nigeria! Once you have provided the two requirements, your account will be activated already for currency conversion and exchanging. Save The Kenyan based digital exchange was founded in 2013 by American Elizabeth Rossiello and later joined by co-founder and fellow American Charlene Chen. Then, you can decide to transfer your bitcoin to another bitcoin wallet. After, you will have to verify your email/phone number. The company was launched in 2018 after months of Alpha testing. CoinSwitch can save your time by simply comparing cryptocurrency price value rate of pairs across most popular exchanges automatically. This has greatly helped to facilitate the buying and selling of bitcoin in the OTC marketplace. download the Bitcoin Beginner’s Handbook for free. As a peer-to-peer platform, you have to buy bitcoin from other people on the platform. Finally, you’ll be prompted to enter more information and you can follow the other prompts to complete your bitcoin purchase. You will need to provide an email/telephone number and password to register. Buy Bitcoin with a … Paxful makes buying BTC with any credit/debit card quite simple too. Buying Bitcoin without an ID card means that your personal information cannot be accessed in the event of a hack of an exchange. But before you start thinking of where you can buy Bitcoin in Nigeria online from debit card, it is very important to learn about how to secure your crypto investment with safe wallets. Kindly check out this list of the best platforms to buy and sell bitcoin in Nigeria. You are required to enter your email address and your cryptocurrency secure wallet address. It integrates a good number of world-leading exchanges (including Changelly) which allows for very fast cryptocurrency arbitrage trades. Once you have filled those, click Search Offers. Another option available to buy bitcoin in Nigeria is through a credit or debit card. 2. Financial institutions in Nigeria are limited within the country. If you are in Nigeria and thinking of holding some Bitcoin, here you can buy Bitcoin with debit card (bank transfer) and gift cards within 5 minutes. Bitcoins can be purchased there with cash via bank deposit as well as by bank transfer and Perfect Money. Before buying bitcoin or any Cryptocurrency with credit/debit card in Nigeria, you will need to register an account. I personally checked out these exchanges and have listed them including the type of services they provide. Binance accepts Visa and MasterCard. Sign up to join the BitcoinAfrica.io Community & receive a FREE copy of the Bitcoin Beginner's Handbook to start your Bitcoin investment journey. Nevertheless, some legit platforms allow you to buy bitcoin that accepts credit card and debit […] Worry not your pretty head! You can use these steps to buy bitcoin on other platforms too. 12 best exchanges to buy bitcoin in Nigeria. For Nigeria, Luno uses PayU and Paystack as its payment processors. The company supports 44 countries namely Nigeria, South Africa, Indonesia, and 41 others. Crypterium, an Estonia-based crypto payment and wallet provider, issues the Global Bitcoin Card, which allows holders to spend cryptocurrencies at merchants and withdraw fiat cash from ATMs in almost 180 countries around the world, as news.Bitcoin.com recently reported. Using credit or debit card to order for Bitcoin, the minimum amount to be deposited is N200.00 Nigerian Naira, while the maximum is N10,000,000 in Nigerian Naira. Luno is among the websites where you can buy bitcoin online in Nigeria at very … Since significant measures have already been adopted, it … In this guide, you will learn how to buy bitcoin with a debit or credit card in Nigeria. You can search through to find the most suitable offers for you. There are several Bitcoin exchanges based in Nigeria, making it easy to buy and sell BTC coin. How to buy BTC or ETH in Nigeria with LUNO using Debit Card. SOCIAL MEDIA. People who want to buy bitcoin always look for the most comfortable way to do it. Buy Bitcoin instantly LOBSTR is a trusted place where you can easily buy Bitcoin and other cryptocurrencies with your credit or debit card No registration required; Works with Apple Pay; Available in 100+ countries (including US) No KYC for small amounts; You pay You get & accepted here Buy BTC Buy BTC. In Nigeria, you can use BitPesa to buy bitcoins with your debit card or Paga account. The slight difference is that you will have to pay a 2% charge or more when buying and selling instantly and a 0.25% – 1% charge when using the exchange. Local Bitcoin is instant buy and sell bitcoin marketplace that lets you buy bitcoin with your Naira debit card from a third party who is selling. Buying Bitcoins with a debit card is very easy, all you need is to know the right platform to buy from, and then the rest is history. What differentiates it from other exchange platforms is that you get to find all the cryptocurrency price from different other platforms in one place at a time. CoinSwitch is a cryptocurrency exchange aggregator that was established enable its users to have access to over 300 cryptocurrencies, and up-to 45,000 crypto trading pairs. Bitcoin is seeing a lot of adoption in Nigeria, with one of the hurdles being instantly buying bitcoins with a bank card in Nigeria. More importantly for bitcoin buyers, the exchange offers a direct, easy-to-use option to buy bitcoin quickly using a bank card. This can be attributed to its large trade volume (i.e. Buying of bitcoin in Nigeria or; Selling/converting your bitcoin to cash in your local bank account. Before picking an offer, make sure you take cognisance of the rating and reputation of the person on the other side of the deal. Where Can I Buy Bitcoins with a Debit Card? Several bitcoin exchanges accept different payment methods. How to buy bitcoins in Nigeria with your debit card or Paga account. CoinCola is hiring in Nigeria! Buy or Sell in Nigeria with NGN Bitcoin, Ethereum, US Tether (USDT) and other cryptocurrencies fully secure and private with PayPal, Local Bank wire, Bank wire. Over 1000 Bitcoin already sold in Nigeria! The company’s fees are the lowest in the market as it charges a trading fee of 0.1% and 0.05% when using its  Binance (BNB) token to pay for transaction while trading on the platform. Want free crypto Airdrops? It’s intuitive and user-friend view makes it easier for even beginners in the cryptocurrency world to use its services effectively. As that has been said, i have taken my time to go through websites that accept usage of credit/debit cards for Bitcoin purchase in Nigeria. Then fund your quidax wallet, you can then proceed to … On the menu bar at the top left side of the desktop app or website, click on Buy Crypto and select Credit/Debit Card. Registration of account on the CoinSwitch exchange platform is not hard at all. It supports more than 100 crypto-coins and its payment methods include: Bitcoin can be bought directly when using Credit/Debit cards unlike with bank transfer payment option, where you have to buy Stablecoins first before buying BTC. However, Changelly offers the best available rate at the moment of a transaction and charges a commission fee of 0.25% for crypto-to-crypto swaps. Presently, you can buy bitcoin with a debit card in Nigeria. Luno App. Watch our tutorial how to easily buy Bitcoin The value of Bitcoin has risen significantly over the years, this has made … RESOURCES. Several platforms trading bitcoins now have the credit/debit card option enable on their website. Just know there is no one size fits all when it comes to choosing best cryptocurrency exchange for Bitcoin online transactions, so don’t be overwhelmed yet. Using credit or debit card to order for Bitcoin, the minimum amount to be deposited is N200.00 Nigerian Naira, while the maximum is N10,000,000 in Nigerian Naira. Using a credit/debit card to buy Bitcoins from exchanges was not that easy initially. As you prove to be a reliable customer then limits are raised to $200 in four days and $500 in seven days. This platform re-branded from Bitx to Luno in 2017. Founded in 2015, with Eric Benz as its CEO the company acts as an intermediary between cryptocurrency exchanges and their users. Using this exchange platform, you can deposit some money using your credit or debit ATM cards, so you can eventually buy your desired amount of Bitcoin with it. Or you want to invest in Bitcoin and you are in search of where to buy Bitcoin in Nigeria with debit or credit card at a friendly rate. It supports and offers access to 100+ cryptocurrencies. In the Nigerian version, Luno uses PayU and Paystack as its payment processors. There are two reasons to why most exchanges disallow Nigerian cards; However, many exchanges have recently started implementing systems to detect fraud, and there has been an emergence of more payment processors (like; FlutterWave, Paystack etc.) Buy Bitcoin with Credit/Debit card on Paxful. I will be discussing about the best platforms to buy Bitcoins below. Note: There is a 10,000 Naira minimum order. Binance is one of the biggest crypto trading platforms in the world, supporting over 100 cryptocurrencies. A Bitcoin wallet is a storage for your cryptocurrency. How to buy bitcoin in Nigeria using credit/debit cards. Log into your BFX account on www.mybfx.co and click on New Transaction. The processes for making purchases are the same as CoinSwitch, as the company does not have a fixed currency rate owing to the volatile nature of cryptocurrencies. Today, however, using debit and credit cards has proven to be one of the most convenient methods. More importantly for bitcoin buyers, the exchange offers. As a general rule of thumb, any exchange that accepts a credit card will also accept a debit card. secure your crypto investment with safe wallets, Exchanges do not accept credit/debit cards due to fraud, There are very few credit card payment processors, Local payment processors do not offer services to crypto-based businesses. Buy Bitcoin online with your credit card, debit card, bank transfer or Apple Pay. But while it doesn’t sound positive, further clarification was provided later in 2017 by the Deputy Director on Banking and Payments System, Musa Itopa-Jimoh. The daily deposit limit is maximum of N500,000 Nigerian Naira until you submit … Buy and Sell Bitcoin (BTC) in Nigeria. Before you go, sign-up for free (receive once in a while 'Zero Spam' updates), or return to blog for more guide. QUICK LINKS. Users can pay with any bank card and receive bitcoin in their wallets in minutes. Nigerians have another option to use cryptocurrencies through a debit card. It claims to have over 100,000 users, making buying and selling  of Bitcoin quick and easy. For this guide, we will focus on how you can, is one of the biggest crypto trading platforms in the world, supporting over, 100 cryptocurrencies. Buy Bitcoin with any payment option including Amazon Gift Card, iTunes Gift Card and Bank transfer! You will also need your BVN (Bank Verification Number) to upgrade your account limits, so you can buy more than N500,000 Nigerian Naira worth of BTC. I know you are knowledgeable enough, so let’s begin now. After registration, Click the Menu > Wallet > … Aside from being an exchanger, Luno also provides online cryptocurrency wallet for temporal storage of your assets when you buy from them. with your local bank ATM Credit and Debit cards). To buy Bitcoin with a credit/debit card in Luno, it follows the same steps as shown in Quidax. CoinSwitch appears to be the most reliable platform to buy different cryptocurrencies in the country, being a recognized exchange platform. Visit the LUNO website to register and verify your crypto account. According to Bitcoin ATM Radar, they are completely not available anywhere in Nigeria, as at the time of writing this post, and i still doubt if there will be anyone in soonest time. I found out that only few of these sites allow people to buy BTC with debit/credit cards from all countries (including Nigeria). Its highest market volume is in South Africa followed by Nigeria. In particular, NairaEX turned out to be the biggest Nigerian Bitcoin broker, and is your best bet when it comes to buying Bitcoins in Nigeria. For this guide, we will focus on how you can use your debit or credit card to buy bitcoin on Binance and Paxful. … Buy BTC Many Nigerians use Bitcoin (BTC) to pay and invest instead of Naira due to its high volatility. A list of people on the platform willing to sell to you with your preferred payment method would be listed. There were lots of online exchanges that accept the credit or debit card for the purchase of Bitcoin, but not all can accept credit/debit cards from Nigeria (especially). Well, I present you … Protect your money from the falling Naira and secure your currency in Bitcoin. All rights reserved. Note: There is a charge of 1.4% for every deposit you make on Quidax platform. Bitcoin News Bitcoin is seeing a lot of adoption in Nigeria, with one of the hurdles being instantly buying bitcoins with a bank card in Nigeria. Once you send the seller your payment, confirm on the exchange that you have paid. Click Next. However, most people are still overwhelmed by the numerous number of cryptocurrency exchange platforms available online today. Nevertheless, some legit platforms allow you to buy bitcoin that accepts credit card and debit cards. In April 2020 alone, our Nigerian users traded 15M USD worth of Bitcoin, making Nigeria the clear leader among all Sub-Saharan countries in Africa. Fast settlement Nigerian Bitcoin exchange Quidax is an exchange based in Nigeria that makes it extremely easy for Nigerians to buy Bitcoin and other cryptocurrencies with the local currency, the Naira. Let me use this opportunity to answer some frequently asked questions about how to buy Bitcoin (BTC) with ATM debit card in Nigeria. We offer the best rates for … This account can be edited in the External Wallets section . The daily deposit limit is maximum of N500,000 Nigerian Naira until you submit your KYC (Know Your Customer) documents. Best Rates Don't spend extra on fees! If you’re selling, you could create your offer to sell your bitcoin on any credit/debit card. Written by BitPesa Team. Using your debit card to purchase Bitcoins isn’t … Buy Bitcoin With Debit Cards To do this, you would require a valid debit card to make your transaction. about 1,400,000+ transactions per second, and average daily volume of 1.2 billion transactions). Purchase method for Kenya is coming soon. Then, navigate to the menu bar at the top left side of the desktop app or website, click on Buy and select to buy bitcoin. However, most of them do not accept credit/debit cards. Use your Master Card, Visa, or Apple Pay to purchase crypto with a minimum amount as low as 20$. Changelly is also a good alternative to buy BTC with debit card if the user is interested in privacy. You can buy Bitcoin in Nigeria with debit cards and credit cards, with bank transfer, and even with cash, if you do not have access to those services. Save. Binance requires identity verification too. a direct, easy-to-use option to buy bitcoin quickly using a bank card. You will see different bitcoin prices displayed by different sellers on the platform. Buy bitcoin in Nigeria today! Whichever category you fall in be it. Though the CBN has since set up a committee with the Nigeria Deposit Insurance Corporation (NDIC) to look into the possibility of adopting blockchain technology. To learn more about Bitcoin, download the Bitcoin Beginner’s Handbook for free. Buy bitcoin in nigeria with debit card The easiest and fastest way to buy bitcoins instantly with a credit card or debit card is via BITKONGA EXCHANGE where you can acquire $50 or less of bitcoin fast and usually within 10 minutes. You will see a new page where you can select your preferred currency and enter the amount of bitcoin you want to buy. Or you want to invest in Bitcoin and you are in search of where to buy Bitcoin in Nigeria with debit or credit card at a friendly rate. 1. You can follow my guide to find Bitcoin ATMs around you. As different companies located in Nigeria with national, regional and international projections wants to be part of the fintech 4th technological revolution that is now taking place around the world. However, most of them do not accept credit/debit cards. Bitcoin ATM is the best method to buy Bitcoin anonymously, and without providing personal detail or document, instead you have to pay higher amount for the Bitcoin transaction to be confirmed. This platform is in partnership with MyEtherWallet, Exodus, Huobi Wallet, Binance, BRD, Edge, Coinomi, Trezor, Ledger, Enjin, and other well-known players in the crypto industry. Personally, I mostly use this particular crypto exchange to buy my cryptocurrencies online aside CoinSwitch, because they offer the simplest payment methods using flutterwave payment processor. You can use our referral link to get a 20% discount on trading fees. The BTC is transferred to your wallet in minutes. In this tutorial and guide, am going to show you how to buy Bitcoin by debit card (i.e. At Bitkonga we make it easy for you to buy bitcoin in Nigeria. To buy Bitcoin from Luno crypto exchange, you will have to pay a 2% charge or more when buying and selling instantly and a 0.25% – 1% charge when using the exchange. For Nigeria, Quidax is one of the fastest cryptocurrency exchanges … There are several payment methods available to buy bitcoin in Nigeria. I got you covered in this explicitly complete list. At the moment, Nigerians are embracing virtual currencies like Bitcoin, Ethereum, Ripple etc. How to buy bitcoin with credit/debit card in Nigeria using quidax wallet. BONUS: Buy Bitcoin in Nigeria and Get 0.0001 Free BTC Instantly. Bitcoin is the most valuable and popular cryptocurrency, it was created by software developer satoshi nakamoto in 2008, but it wasn’t until 2013 that bitcoin really started catching public attention.. There are many crypto exchange websites online for Nigerians to buy Bitcoin online, but it is not all of them that has the feature to buy Bitcoin with a debit or credit card instantly. In Nigeria, there are several exchanges that allow you to buy cryptocurrency with a debit or credit card, including Binance, Paxful, Paybis, and Luno. You can complete this using … Before we get started with how to buy Bitcoins in Nigeria with your ATM (Debit or Credit) cards, it would be necessary to list out some recommended cryptocurrency exchanges you can use, while you are in Nigeria to buy BTC with debit cards safely. There, click on “Buy BTC.”. Buying cryptocurrency has never been easier. This is to say that, in Nigeria, Bitcoin has not been banned. This helps most people to make profits by simply buying and selling on different exchanges (crypto price arbitraging). If you are in Nigeria and thinking of holding some Bitcoin, here you can buy Bitcoin with debit card (bank transfer) and gift cards within 5 minutes. In Nigeria, BitPesa allows you to buy bitcoins with your debit card or Paga account. Updated over a week ago. In 2015, the Central Bank of Nigeria (CBN) issued a circular warning to Nigerians concerning the volatility of BTC – stating that she will not be responsible for price fluctuation of Bitcoin. The best exchanges to buy bitcoin in Nigeria. Today, however, using debit and credit cards has proven to be one of the most convenient methods. Note: fiat transactions in Changelly are processed by its partners and has some limitations as to how much that can be transacted. For this guide, we will focus on how you can use your debit or credit card to buy bitcoin on Binance and Paxful. In Nigeria, there are several exchanges that allow you to buy cryptocurrency with a debit or credit card, including Binance, Paxful, Paybis, and Luno. You can buy bitcoins and other crypto currency with naira bank transfer or cash deposit. The process is also similar when you are using the Binance App. Whichever category you fall in be it. It is like a physical wallet: you keep your cash in it. He stated that the CBN’s warning had been misinterpreted and that CBN could not control or regulate Bitcoin since, like the internet, they don’t own it, so they don’t have control over it. Leave a Feedback This feedback is visible for other … This option is available on various exchange platforms. ID verification is required but the process is simple. You will need to get a Binance account to buy bitcoin with a debit/credit card in Nigeria. Save your Details This will be shown to the other trader and is where he/she will send the funds to. However, only a few of these exchanges are reputable. Then, complete the required identity verification. In this guide, you will learn how to buy bitcoin with a debit or credit card in Nigeria. It is yet another cryptocurrency exchange that supports buying Bitcoin with bank credit or debit ATM card.

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