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Author: coinist

Naira4dollar review (is it a trusted exchange?)

Naira4dollar review (is it a trusted exchange?)

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Naira4dollar review (is it a trusted exchange?) Naira4dollar review Buying e-currency has never been easier, with the ever increasing amount of local exchanges, buying or selling e-currency is now as comfortable as it has ever been. One of the advantage of using local exchanges over foreign ones is the comfort of payment. There are so many local exchanges you can use in buying e-currency, the ever increasing popularity of e-currency means there will be more and more exchanges. Picking a…

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Instant gold Nigeria (Is it a trusted exchange?)

Instant gold Nigeria (Is it a trusted exchange?)

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Instantgold Nigeria review Is instantgold a trusted exchange? With the rise of cryptocurrencies in recent years and more people investing in it, Bitcoin exchanges have been increasing in number. The popular cryptocurrency exchanges like coinbase, binance are raking in millions of dollars in profit. Local exchanges like Nairaex, ngexchanger are also holding their own. The biggest advantage of using these local exchanges is the convenience of payment and the easily accessible customer care. In this review, we are going to…

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Bitcoin ATM in Nigeria

Bitcoin ATM in Nigeria

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Bitcoin ATM in Nigeria How to locate and use a Bitcoin ATM A Bitcoin ATM works almost like a normal ATM with some few key differences. In this post, am going to be writing about: 1. What exactly “Bitcoin ATM” is 2. How to locate Bitcoin ATMs around you 3. Types of Bitcoin ATMs What exactly “Bitcoin ATM” is A Bitcoin ATM is a kiosk that allows a person to purchase Bitcoin by using cash or debit card. Some Bitcoin…

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Nairaex review (is it a trusted exchange?)

Nairaex review (is it a trusted exchange?)

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Nairaex review All about Nairaex (is it a trusted exchange?) Nairaex is a Bitcoin exchange platform that is based in abeokuta, ogun state, Nigeria. Nairaex is into buying and selling of different types of e – currencies, unlike most exchanges, nairaex is not a peer to peer exchange, they already have in stock whatever e-currency that you want to buy. In this nairaex review, am going to be writing about everything you will need to know about buying and selling…

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What is litecoin?

What is litecoin?

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What is litecoin? (Beginners guide) Litecoin (LTC) is a peer to peer cryptocurrency. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. Litecoin was an early bitcoin spinoff, it was meant to be the silver to bitcoin’s gold. Litecoin was created by “Charlie Lee”, a former Google employee and also a former engineering director at coinbase. Litecoin is third largest cryptocurrency measured by market capitalization. Similarities between Bitcoin…

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Jostpay review (All you need to know)

Jostpay review (All you need to know)

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Jostpay review (All you need to know) With the rise of bitcoin and the ever increasing amount for cryptocurrencies in circulation, the number of platforms where one can buy or sell these cryptocurrencies is also on the increase. Today am going to be reviewing a local platform where you can buy bitcoin, bitcoin cash and litecoin in Nigeria, it is called jostpay. You may or may not have heard of it, it really doesn’t matter as this review is for…

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How to buy ethereum in Nigeria (Step by step guide)

How to buy ethereum in Nigeria (Step by step guide)

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How to buy ethereum in Nigeria (step by step guide) Before we get into how to buy ethereum in Nigeria, let us remind ourselves what ethereum is. What is ethereum? Ethereum just like Bitcoin is a blockchain based technology designed to store different types of data. This data can be accessed and used by computer programs running on the ethereum blockchain. These programs are called decentralized apps or Dapps. Ethereum was created by Vitalik Buterin in 2014, and the purpose…

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Ngexchanger review (All you need to know)

Ngexchanger review (All you need to know)

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Ngexchanger review (All you need to know) In this “ Ngexchanger review”, am going to be writing about everything that you will need to know about Ngexchanger before deciding whether to buy or sell cryptocurrencies with them. Ngexchanger Ngexchanger is a company based in port-harcourt, Nigeria that deals on the buying, selling and exchange of digital currencies, they have been in operation for over 2 years. It is a subsidiary of an ICT company Nyxel integrated services, They are also…

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What is ripple? (All you need to know)

What is ripple? (All you need to know)

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What is ripple? Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network using a common ledger that is managed by a network of independently validating servers that constantly compare transaction records. Is ripple like Bitcoin? In some ways yes, but there is a massive difference between ripple and Bitcoin. 1. Ripple is not a blockchain and does not require proof of work like Bitcoin. 2. Ripple is not mined, the company that founded ripple just picked…

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Bitcoin mining in Nigeria (Getting started)

Bitcoin mining in Nigeria (Getting started)

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Bitcoin mining in Nigeria Bitcoin mining for profit is very competitive, Bitcoin mining in Nigeria is very expensive, this is because apart from needing high powered computers, you also need a high amount of electricity, which when compared to the amount of Bitcoin you may get means you may probably run at a loss. You can mine Bitcoin if you decide to do it for fun or just for the security of the blockchain. In this article, am also going…

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