This is a simple and short guide on how to buy Bitcoins with Naira.
Cryptocurrency has taken the world by storm and year 2017 was a big year with some of the more popular cryptocurrencies appreciating by huge percentages.
Bitcoins and Ethereum had particularly huge price appreciations that saw early investors making astronomical profits. So, now you want to join the game.
CAVEAT: THE CRYPTOCURRENCY WORLD IS HIGHLY VOLATILE AND YOU COULD JUST AS EASILY LOSE MONEY
So, lets go straight ahead into how to buy your Bitcoins or Ethereum with Naira.
1. Register for an account with Remitano
This is a trusted marketplace for the exchange of cryptocurrency between buyers and sellers. It is a platform that has a high level of credibility and ensures that fair exchanges takes place between buyers and sellers. To register for an account, visit the Remitano website and signup using a valid email address. A registration link will be sent to your email.
2. Choose your username
The registration link sent to your email will allow you quickly create a profile on Remitano and I’d advise you to choose a name that sounds trustworthy. Nobody for instance would like to trade with a user profile that bears the name “StealerOfCoins”
3. Buy or Sell Bitcoins
As soon as your profile is setup, you can start buying or selling bitcoins straight away by clicking on either the buy or sell button.
4. How Is the Transaction Handled?
Remitano makes use of an escrow system in order to facilitate the trading of crptos. They hold the amount of currency the seller wants to sell in escrow on your behalf and after dulying confirming that you have made payment from the seller they release the cryptos to you.