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Tag: Cryptocurrency

Bitcoin ATM in Nigeria

Bitcoin ATM in Nigeria

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?)

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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Ngexchanger review (All you need to know)

Ngexchanger review (All you need to know)

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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Bitcoin mining in Nigeria (Getting started)

Bitcoin mining in Nigeria (Getting started)

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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Bitkoin africa review (All you need to know)

Bitkoin africa review (All you need to know)

Bitkoin Africa review (is it a trusted exchange?) Bitkoin africa review With the growth of cryptocurrencies, there is also an ever increasing number of platforms where one can buy and sell cryptocurrency, some are trusted and some are not. Bitkoin africa review Bitkoin africa is a peer to peer cryptocurrency trading platform where users can sell and buy cryptocurrencies like bitcoin, ethereum, litecoin and bitcoin cash from other users, it is currently based in lagos. The difference between peer to…

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Best bitcoin wallet in Nigeria

Best bitcoin wallet in Nigeria

Best bitcoin wallet in Nigeria (How to safely store your bitcoins) A bitcoin wallet is a software program where bitcoins are stored. Bitcoin is a digital asset and as such, it does not exist in a physical form, so technically they can’t be stored. Instead, it’s the private keys used to access your public bitcoin address. A bitcoin address is similar to a bank account number. It’s a unique 26-35 digit combination of letters and numbers, with this address people…

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7 best exchanges to buy and sell bitcoin in Nigeria

7 best exchanges to buy and sell bitcoin in Nigeria

7 best exchanges to buy and sell bitcoin in Nigeria 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. Today one bitcoin (1 BTC) as at the time of writing this post is about 1.5 million naira. If you want to get in on the bitcoin train, you will probably need to know how you can buy or sell…

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How to make money with cryptocurrency in Nigeria

How to make money with cryptocurrency in Nigeria

Make money with cryptocurrency in Nigeria Just before we go into detail of how to make money with cryptocurrency in Nigeria, let me remind you exactly what cryptocurrency means. A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units & verify the transfer of assets. Many cryptocurrencies are decentralized system based on blockchain technology. There are many ways to make money from…

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What is bitcoin mining?

What is bitcoin mining?

The Bitcoin protocol stipulates that 21 million Bitcoin will exist at some point. What Bitcoin miners do is bring them out into the light, a few at a time. Bitcoin mining is performed by high powered computers that solve complex mathematical computations, these computations are impossible to solve by hand. When computers solve these computations, they add transactions to the blockchain and as a reward, they get a new Bitcoin. How does it work? What these computers are actually doing…

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How to make money with Bitcoin in Nigeria

How to make money with Bitcoin in Nigeria

How to make money with Bitcoin in Nigeria Before we get into the different ways to make money with bitcoin in Nigeria, let’s us remind ourselves a little bit about what Bitcoin is. What is Bitcoin Bitcoin is a decentralized digital currency, it was created by Satoshi nakamoto in 2008, but it only really started getting attention around 2013. Bitcoin is the most valuable and popular cryptocurrency, as at the time of writing this, Bitcoin is worth 1,510,232 million naira….

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