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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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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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What is bitcoin(BTC) (Beginner’s guide)

What is bitcoin(BTC) (Beginner’s guide)

What is bitcoin(BTC) (Beginner’s guide) In order for you to truly understand what bitcoin(BTC) is, am going to break it down as much as possible. Think of bitcoin as money except that 1.  Unlike money, bitcoin is not printed. 2.  Unlike money, bitcoin is not controlled by organisations(banks). 3.  Bitcoin is limited, this means that a time will come when bitcoin will reach its maximum amount ( 21 million). Who created bitcoin? Bitcoin was created by a software developer Satoshi…

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