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How To Turn Bitcoin Into Naira

Onlinenaira - Payment Gateway | Ecurrency Exchanger

Onlinenaira - Payment Gateway | Ecurrency Exchanger

Blockchain - 1QBLVuxxozd6rpbbbupf7opA53D54Xcqh6 When you send crypto currency to us, a lot of the platforms you send from do not offer a way for you to add information for OnlineNaira to know the money is your own. As soon as you have sent the money to us, please login into your OnlineNaira account and click on Cryptocurrency on the left-hand menu, choose currency type, enter transaction id and submit. If you have not received funding for this money in your account after 60mins, please have a chat with a member of staff or send in an email to [email protected] When you ask us to send Bitcoins to a wallet, pls note that in addition to our own fee , there is also a Miner's Fee that varies according to platform used to send. OnlineNaira uses 3 different platforms and you should be able to use any of the three. Estimate the amount of Bitcoins you will get: OnlineNaira is the payment gateway you need to do more business with Africans as we are able to process your payments in 33 African countries. Continue reading >>

Is Bitcoin Set To Save Nigerians From The Naira?

Is Bitcoin Set To Save Nigerians From The Naira?

Is Bitcoin Set To Save Nigerians From The Naira? Nigerian naira looks to be set to lose more value in the international currency market. Will citizens turn to superior currencies as a safe haven for their wealth? With the falling oil price and a national budget predominantly denominated on borrowed funds, the Nigerian naira looks to be set to lose more value in the international currency market. Will citizens turn to superior currencies as a safe haven for their wealth? Will Bitcoin make a sweep into the Nigerian market? The Nigerian economy has been compared to that of Venezuela as both nations have, for the past couple of decades, generated a major part of their revenue from oil exports. While the oil boom was in full swing, both Venezuela and Nigeria failed to invest in their futures by developing their oil infrastructure and diversifying their respective economies. With global oil prices collapsing, the nation of Nigeria finds itself in trouble as it struggles to find an alternative source of revenue to fund its national budget. In an attempt to address this issue, Nigerians have seen an influx of internal policies, indirectly taxing citizens of the country through the introduction of a number of bank charges and other institutional charges for services within the country. However, these small fees barely make a dent in, let alone eliminate, the huge deficit of about $11Billion reflected in Nigerias 2016 National Budget. Opinions have emerged on what the response of the Nigerian public will be as several indicators point towards further depreciation of the national currency. Although the Nigerian President has insisted that he would not move to officially devalue the naira, something he reaffirmed when he met with Nigerians living in Kenya during his last visit, hi Continue reading >>

How To Convert Bitcoin To Naira?

How To Convert Bitcoin To Naira?

It is necessary to understand that the value of bitcoin will only go up! According to the Coinmill.com, you can expect to get N204 for just 0.0001 bitcoin! It seems a small piece, but if you want to get at least 0.01 bitcoin, you will have to pay N20,354! If you need ten bitcoin cents, then be ready to pay N203,538. Just one bitcoin to Naira will cost you N2,035,381! Dont you regret not investing in bitcoin when it started? People want to earn money using bitcoins and Nigerians are not an exception! They also want to invest their money into something that will only increase its value. Here are the top 5 methods to convert bitcoin to Naira? Convert Bitcoin to Naira using one of Top 5 methods It is the very first and simplest method of converting your bitcoins to Naira! You don't even need to register or login to this website to sell or buy your bitcoins, you just need to scroll down and enter the amount of currency you want to buy or sell today! After that, you will need to enter your name, email address, phone number and bitcoin address. Then you will receive an invoice for confirmation. The next step is to call the hotline 09063827610 and get your money! The hotline operator will explain what you should do and how you can get your money. What is the drawback of this method? It is the easiest way to get rid of your bitcoins and get Naira, however, it is pretty risky to give your personal data to a strange website. The second option which you can go for is Paxful. It is a real platform where you can get money for your bitcoins! You just need to enter paxful.com in your google search, and that`s all! After that, you can get to the website and register there. You dont need much to get registered on the website, but it can certainly change your life! You just enter your pe Continue reading >>

United States Dollar - Nigerian Naira Currency Calculator

United States Dollar - Nigerian Naira Currency Calculator

Conversion from United States Dollar to Nigerian Naira The Markets Insider currency calculator offers a currency conversion from United States Dollar to Nigerian Naira within seconds. Vacationers in United States can make conversions at the current exchange rate. The currency calculator provides an ideal tool for investors investing in international stock exchanges with different currencies. Conversion from United States Dollar to Nigerian Naira can be done at current rates as well as at historical rates to do this, select the desired exchange rate date. Todays date is set by default. Additionally, the currency calculator shows the closing rate of the previous day as well as the highest and lowest rates of the conversion United States Dollar - Nigerian Naira. The results are displayed in a clearly arranged table. In addition to the United States Dollar - Nigerian Naira rate, the Markets Insider currency calculator also offers other exchange rates for about 160 international currencies. United States Dollar - Nigerian Naira Currency Calculator You have currently selected the base currency United States Dollar and the target currency Nigerian Naira with an amount of 1 United States Dollar.In the menu, you can select the desired exchange rates of about 160 international currencies from the two lists. Additionally, the currency calculator allows you to calculate historical exchange rates in addition to the current rate. The results are displayed in a table with the closing rate of the previous day, the opening rate as well as the lowest and highest rates of the respective date. Continue reading >>

How To Make Money With Bitcoin In Nigeria

How To Make Money With Bitcoin In Nigeria

Home / Bitcoin Guide / How to Make Money with Bitcoin in Nigeria How to Make Money with Bitcoin in Nigeria The best and simplest definition for Bitcoin is this Bitcoin is Money. Yes, Bitcoin is the money of our generation and the future generations. Well, in the history of money, several object has been used to carry out transactions. Money in itself is any clearly identifiable object of value that is generally accepted for payment of goods and services and repayment of debts within a market or which is a legal tender. Bitcoin fulfills all of these. In the past, money has taken many forms like cowry shells, beads, precious metal, paper, and in our generation it is becoming digital in form of bitcoin and other cryptocurrencies. Bitcoin is digital money; this simply means that unlike the previous form of money, Bitcoin is not anything physical. It is not physical yet more real than any form of money earlier used. It exists on a technology called Blockchain which helps to store all the information and transactions about all the Bitcoin that ever exist. The information on Blockchain can never be destroyed or manipulated. Also Blockchain cannot be controlled by one central body or government, making Bitcoin the best form of money to ever evolve. With Bitcoin, you are simply your own bank, as you can spend your money anytime, anywhere, with no restrictions whatsoever. Recently Bitcoin has gained more popularity in the world, and even in Nigeria, people now choose to send money to their families and friends using this unique form of money. Young men and women working online now prefer to receive payment with Because of the advantage it has over ever dropping value of naira. With this new form of money (Bitcoin) gaining popularity and acceptance around the globe, how can you a Continue reading >>

Bitcoin Trading Booms In Nigeria, Like In Zimbabwe Quartz

Bitcoin Trading Booms In Nigeria, Like In Zimbabwe Quartz

In July 2016, Manasseh Egedegbe, an Abuja-based investment manager, was caught in the cross hairs of Nigerias dollar crunch and had some difficulties making an international payment. At the time, with Nigerias foreign reserves and revenues shrinking amid an economic slump, the Central Bank of Nigeria (CBN) put up currency controls to restrict access to dollars. For Egedegbe, and many other Nigerians, that presented a problem. In his desperation, he turned to the cryptocurrency wave of the moment: bitcoin. I was able to use bitcoin to do just one transaction and then I got hooked, Egedegbe tells Quartz. Over the past 18 months, due to reasons ranging from needing to make international payments, like Egedegbe, or simply wanting a slice of the next big thing, bitcoin adoption in Nigeria has spiked. This year, peer-to-peer bitcoin trading in Nigeria has increased by nearly 1,500% surpassed only by China. Data from LocalBitcoin, a popular bitcoin exchange available in around 200 countries, shows weekly bitcoin trade volume in Nigeria crossed 1 billion naira ($2 million) in August. Seeing the price skyrocket has drawn a lot of Nigerians who want a piece of the action, Egedegbe says. The situation in Nigeria is not too dissimilar from Zimbabwe, whose unstable economy and depleted foreign exchange markets saw locals turn to bitcoin as a storage of value this year. At one point Zimbabwe had the highest bitcoin prices in the world. A new crop of local bitcoin exchanges are proving central to the growing local adoption. Timi Ajiboye co-founded Bitkoin Africa in October after experiencing some difficulty trying to buy the cryptocurrency on foreign exchanges. The inability to pay with a Nigerian bank account or card drove Ajiboyes decision to start Bitkoin Africa to make it much ea Continue reading >>

How Nigerians Are Turning 6,500 Into Over 34million Naira! |

How Nigerians Are Turning 6,500 Into Over 34million Naira! |

This new technological currency actually belongs to the class called And BITCOIN happens to be the leading pack! Before I go any further, lets take a look at what Google has to say about BITCOIN According to Wikipedia, Bitcoin was introduced in October 31st, 2008 and released in January 2009 by a man called Satoshi Nakamoto (Funny name right? I thought so too). Although, no one knows what he looks like. This guy got tired of banking systems and wrote some crazy algorithms (That is not my business) all in the name of upsetting the current world system that claims that hard currencies are backed up by Gold.. However, he developed the BITCOIN with the aim that its value will be determined by people, since they are the ones to spend it. When BITCOIN started in 2009, it was trading at 50cent..today, it sells for over $700! Infact it was once sold for over 1000 dollars. Yes, you got that right and google also confirmed it too. So imagine if you got 100 bitcoins at 50 cents in 2008 and you now want to resell it at 1116.88 dollars when it was been sold at this price.. With the current exchange rate in Nigeria, lets say you now want to convert the dollars to naira, If you exchange it at the market rate of 520 {As at February 2017} , $111,688 X 455 = THAT IS A WHOOPING SUM OF 58, 077, 760 ! Since 1 Bitcoin(BTC) is valued at over $1100, how can I get it? Well get to that shortly Just as Cent is to Dollars and Kobo to Naira. The Bitcoin also has its fractional unit called Satoshi The satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain . It is a one hundred millionth of a single bitcoin (0.00000001 BTC) There are several websites where you can buy and sell bitcoins in Nigeria and be paid in Naira straight into your Nigerian bank account (Pleas Continue reading >>

Luno - How To Cash Out Your Bitcoin Cash At Least, In Nigeria.

Luno - How To Cash Out Your Bitcoin Cash At Least, In Nigeria.

in cryptocurrency 2 years ago (edited) I just logged into my Luno wallet to change the little BTC there into naira for my mom when I discovered something interesting. Turns out Luno is supporting Bitcoin Cash. That was an unexpected surprise, if disappointing (I had very small bitcoin so the BCH was also small) What came next was of course, how do I cash out my tiny BCH? Luno provided no option to directly convert it into Bitcoin or naira in my wallet. They did not even have an option to even see my BCH wallet address! I decided to take the risk anyway and, after brief research, found that Shapeshift.io supports it. Went to Shapeshift.io page and requested BCH to Bitcoin 4b) Ignored the part where they request my BCH return address (because Luno did not GIVE ME ONE) Went back to Luno page and sent my BCH to Shapeshift BCH address (after clicking "confirm that this is a valid BCH destination address" ) Went back to Shapeshift.io to track the progress And that's how my little experiment with cashing out BCH ended. I am guessing dat the amount was too small for Shapeshift to complete a Bitcoin transaction with (BTC fees) and then, with no BCH return address, my roughly $3 of BCH is lost forever in the crevice and shadow of blockchain boohoohoo:( Hahahaha -- my lost experiment is your gain. Now you know how to cash out your BCH with Luno so those of you who had a lot of Bitcoin with Luno before the fork, remember me in naira now that you are rich ooooooooo :D ... hmmm. I just realize why the price of Bitcoin is doing so well right now. People are selling their BCH and buying BTC!** Continue reading >>

How To Withdraw Your Bitcoin Direct Into Your Nigerian Local Bank Account Without Going Through Exchangers | Dillionworld

How To Withdraw Your Bitcoin Direct Into Your Nigerian Local Bank Account Without Going Through Exchangers | Dillionworld

Information Marketing, Freelance Opportunities, Finance, Financial Empowerment, Jobs, Employment, Politics, etc.www.dillionworld.biz How To Withdraw Your Bitcoin Direct Into Your Nigerian Local Bank Account Without Going Through Exchangers I'm pleased to teach this to many people that find it difficult to withdraw their hard earn bitcoin to their local bank account directly without going through any exchanger like instant gold, naira4dollar, etc. Related article: How I Make Money Daily On LUNO Platform Let me keep it simple, I find LUNO(formally BitX) bitcoin wallet as my favorite wallet for my withdrawal because it is safe and is directly connected to my Nigerian bank. Also all bitcoin is shown in naira equivalence instead of the normal USD others have. Simply send all your bitcoin from other wallets to LUNO and press a button to withdraw to your bank, withdrawal request is process within 6hous. Also you can deposit money from the same bank or any bank account using your ATM card to LUNO wallet instantly on there website. When registering on LUNO, ensure that you use your real name as it appears on the bank account you with to link to LUNO. To withdraw Bitcoin into you bank account, go to the home screen, click on "More" under you BTC balance. You will see options. Click on "Instant Sell". Enter the amount you want to sell in Naira or in BTC, confirm the amount and proceed. Related Post: Step by step guide on how to deposit/withdraw money from Luno and how to buy/sell Bitcoin and Ethereum The money will instantly be in your Naira- NGN wallet on LUNO. Go to menu, click on wallets to see your NGN wallet. On the NGN wallet, click on " Withdraw " to transfer the money into your local bank account. Enter amount you wish to withdraw and proceed. Also to fund you account, on Continue reading >>

How To Convert Your Bitcoin To Naira Directly To Your Bank Account - Investment - Nairaland

How To Convert Your Bitcoin To Naira Directly To Your Bank Account - Investment - Nairaland

Yes luno is dope don't know about the other merchant They are both very good. The following are the observable comparative difference in their services: 1. Luno operates an internal wallet GeneX does not. 2. GeneX deals in BTC, PM and Payeer, Luno deals only in BTC. 3. Luno funds your internal btc account immediately from your naira deposit account with them, GeneX takes about 10minutes after deposit confirmation as they do not operate an internal wallet. 4. GeneX funds your bank account immediately while luno takes between 5-24 hours. 5. I also observed GeneX is patterned as a virtual currency store while luno is not but simply a bitcoin wallet provider. Both are very reliable and trustworthy. Trust is the key word here. I actually use both. Hands on experience using the two merchants should tell between both anyway. They seems virtually at par. Just try them out. I am very optimistic that one day BTC shall be adopted universally. So its better to start amassing it even if its in bit by bits. At both merchants you need o register prior to having access to view the products. Both merchants have Nigeria representatives. All these are necessary so as to be educated on the exchange processes and available trusted and reliable merchants. Anyone that have had experience on these merchants should make contributions. Do you want to withdraw your bitcoin into your Nigeria bank account? I have been doing transactions on these sites- genexpayments and luno with no hassles. All goes smoothly. These two are very sound and trust worthy. Within minutes i always get my account funded in Naira equivalent without exorbitant charges or delays. You can even buy btc with naira also in a quick way. I had to drop this by in order to save people from individuals doing scam with digital curre Continue reading >>

How To Turn Your Foreign Currency Earned Online Into Naira

How To Turn Your Foreign Currency Earned Online Into Naira

How to turn your foreign currency earned online into Naira Not too long ago, I was ecstatic after landing my first gig on Upwork. You know that feeling when youve been hitting at palm kernel for a while, and the outer shell finally cracks thats exactly how I felt. I completed the task and the client paid for the service without delay. I realised that I was faced with new palm kernels as I couldnt transfer my earnings from Upworkto my Nigerian bank account. I decided to write this post to help anyone who might find himself/herself in a similar situation. I checked the withdrawal options available and saw Skrill, Payoneer and Bank Transfer. Since the money involved wasnt much, option three was off the menu. I already had a Skrill account so I worked with it. Afterwards, I exchanged it for Naira through an exchanger I found online. All I had to do was transfer the money to the persons account and he transferred an agreed Naira equivalent to my account. When you are working or trading online, theres always the challenge of how to move money. Fora Konga merchant who imports his items from China, he has to change his naira to dollar or yuan. An artist who sells his art to foreign buyers will need to a way to use his money in Nigeria. After receiving the money into an e-wallet, it needs to be transferred to a Nigerian naira-denominated bank account. There are a good number of currency wallets currently available. Ill list a few of them below: PayPal : PayPal is an American company that makes it possible to receive/send money through email addresses. The Nigerian PayPal account is restricted from receiving funds. It can only pay for goods and services. Skrill : Formerly called Moneybookers, Skrill is a virtual wallet where you can store your funds. Opening an account is easy a Continue reading >>

Nigerian Naira Bitcoin Exchange Rate 1 = B3.0e-7 Ngn/btc - Mataf

Nigerian Naira Bitcoin Exchange Rate 1 = B3.0e-7 Ngn/btc - Mataf

1 000 000 Nigerian naira in Bitcoin = 0.34 2 000 000 Nigerian nairas in Bitcoin = 0.68 3 000 000 Nigerian nairas in Bitcoin = 1.02 4 000 000 Nigerian nairas in Bitcoin = 1.35 5 000 000 Nigerian nairas in Bitcoin = 1.69 6 000 000 Nigerian nairas in Bitcoin = 2.03 7 000 000 Nigerian nairas in Bitcoin = 2.37 8 000 000 Nigerian nairas in Bitcoin = 2.71 9 000 000 Nigerian nairas in Bitcoin = 3.05 10 000 000 Nigerian nairas in Bitcoin = 3.39 15 000 000 Nigerian nairas in Bitcoin = 5.08 20 000 000 Nigerian nairas in Bitcoin = 6.77 25 000 000 Nigerian nairas in Bitcoin = 8.47 30 000 000 Nigerian nairas in Bitcoin = 10.16 40 000 000 Nigerian nairas in Bitcoin = 13.55 50 000 000 Nigerian nairas in Bitcoin = 16.94 60 000 000 Nigerian nairas in Bitcoin = 20.32 70 000 000 Nigerian nairas in Bitcoin = 23.71 80 000 000 Nigerian nairas in Bitcoin = 27.10 90 000 000 Nigerian nairas in Bitcoin = 30.48 100 000 000 Nigerian nairas in Bitcoin = 33.87 150 000 000 Nigerian nairas in Bitcoin = 50.81 200 000 000 Nigerian nairas in Bitcoin = 67.74 500 000 000 Nigerian nairas in Bitcoin = 169.35 1 000 000 000 Nigerian naira in Bitcoin = 338.70 Continue reading >>

How To Convert Your Bitcoin To Naira And From Naira To Bitcoin In Mmm

How To Convert Your Bitcoin To Naira And From Naira To Bitcoin In Mmm

Support Mntrends Operations By Making Bitcoin Donation To 1AFFXecAxmQT6WEu5eKaCa2iuaqLgthe8X....Thanks With love All of Us Team_Mntrends How to Convert Your Bitcoin To Naira and From Naira to Bitcoin in MMM How to Convert Your Bitcoin To Naira and From Naira to Bitcoin in MMM With the digital currency bitcoin on the rise everyday, many people want to join and make money with bitcoin. Well here is a goodnews for all MMM participants, MMM now has a feature whereby you can easily convert your bitcoin to naira and vice versa. To to this is very simple, but before you do this, it's very important you have bitcoin wallet. If you don't have a bitcoin wallet read about creating a bitcoin wallet HERE HOW TO CREATE A BITCOIN WALLET . Now follow the steps below to convert your bitcoin to naira and naira to bitcoin. 3. Click on the Mavro you wish to convert to bitcoin. 4. Click the conversion tab that will appear at the top left corner of the page. 5. A Box will appear showing you the naira equivalent in bitcoin. 6. Click "Renew" button from the small box. Below is a picture that explains the steps above To convert from bitcoin to naira, follow same procedure above. Was this article helpful? Have any question? Please leave a comment below or visit our contact us page. Don't forget to subscribe to our newsletter to be amongst those who get fresh and genuine updates. Continue reading >>

Buy Bitcoin In Nigeria - Best Bitcoin Exchange Site For Bitcoin To Naira

Buy Bitcoin In Nigeria - Best Bitcoin Exchange Site For Bitcoin To Naira

by Editor Bitkonga | Mar 22, 2018 | Bitcoins News CryptoWorldis an organization dedicated to providing informative forums in the rapidly evolvingblockchain technologysector. Veterans in the world of finance and investment lead the company. These people understand theimpact blockchain technologywill have on the... by Editor Bitkonga | Mar 21, 2018 | Bitcoins News Jack Dorsey, chief executive of Twitter and payment company Square, has spoken of his strong belief in the future potential of bitcoin. In an interview withThe Timespublished Wednesday, Dorsey, himself a noted bitcoin investor, said he believes the cryptocurrency... by Editor Bitkonga | Mar 20, 2018 | Bitcoins News BITCOIN is certainly the giant of the cryptocurrency world with a staggeringly high market cap and a price of more than $8,000 per one BTC token. But how much exactly is one Bitcoin worth compared to US dollar so far today BTC v USD? Bitcoin is the world's leading... by Editor Bitkonga | Mar 16, 2018 | Bitcoins News The Royal Bank of Canada may be interested in putting credit scores on a blockchain. Ina patent applicationreleased Thursday, the bank outlines a platform built on a blockchain that would automatically generate credit ratings using a borrower's historical and... by Editor Bitkonga | Mar 15, 2018 | Bitcoins News A British cryptocurrency exchange is planning to enter the bitcoin futures market. CoinfloorEX, a London-based exchange founded in 2013, announced Wednesday that it would launch bitcoin futures contracts next month, joining a number of other companies to offer such... by Editor Bitkonga | Mar 12, 2018 | Bitcoins News Cryptocurrency mining is perfectly legal in Europe and only subject to standard electricity rules, according to an EU commissioner. In astatementreleased last week, Ma Continue reading >>

Mmm Prepares To Return, Dumps Naira For Bitcoin

Mmm Prepares To Return, Dumps Naira For Bitcoin

A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc Home Business MMM prepares to return, dumps Naira for Bitcoin MMM prepares to return, dumps Naira for Bitcoin 9:58 amIn Business , News by adekunle Comments MMM Nigeria says it has introduced Bitcoin, said to be the worlds best performing currency in 2016, as part of its mode of payment in its comeback plans The Ponzi scheme, which froze accounts of its three million participants on December 13, 2016, is preparing to return, and it is throwing up a number of plans to get its community active again. Last week, MMM promoters issued instructions to its participants whose accounts were frozen, to perform Promo Tasks: A New Tool for MMM Community Development. In the MMM message, subscribers were told to perform tasks, both online and offline, to promote the scheme and drive traffic and participation by the time the restriction on the account is lifted. Being an MMM member implies not only opportunities, but also a responsibility for the state and development of the MMM Community, the message said. Now it has come up with Bitcoin, the increasingly popular cryptocurrency or digital currency. It was said to be the best performing currency in 2016, appreciating by more than 100 percent , from about $400 per bitcoin to over $1,000 per bitcoin. The currency has now fallen to $887 as at last Friday, with China tightening rules to curb capital outflows. Prior to the freeze of MMM, participants were allowed to provide help in bitcoin, but they were paid back in naira. However, MMM new plan allows participants to receive payment in bitcoin, and Continue reading >>

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