Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country
In a significant move, Nigerian authorities have frozen $38 million in cryptocurrency linked to...
1 Bitcoin equals 88,314,574 NGN
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Platform | Bitcoin | Nigerian Naira |
---|---|---|
Luno | 1 BTC | 88,314,574 NGN |
To buy Bitcoin using Nigerian Naira, first, find a cryptocurrency exchange that supports the BTC/NGN trading pair, such as Luno. Create an account, verify your identity, and deposit your NGN into your exchange wallet. Locate the BTC/NGN pair on the trading platform and place an order to exchange your Nigerian Naira for Bitcoin. If the BTC/NGN pair is unavailable, you can first exchange Nigerian Naira for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Bitcoin for Nigerian Naira, first, find a cryptocurrency exchange that supports the BTC/NGN trading pair, such as Luno. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/NGN pair on the trading platform and place a sell order to exchange your Bitcoin for Nigerian Naira. If the BTC/NGN pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Nigerian Naira. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
In a significant move, Nigerian authorities have frozen $38 million in cryptocurrency linked to...
As Bitcoin continues to gain traction among institutional investors, the question of its potential...