bitcoin nigeria

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    Sponsored NAIRALAND EXCHANGE

    We understand the problems Nigerians are facing in order to convert their Gift Cards. Bitcoin, Perfect money, skrill to Naira and as such, we have decided to take up the task. Trade your Gift Cards with peace of mind and get your Money paid into your Account in minutes from Nairalandexchange...
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    Money What are the disadvantages of Bitcoin?

    It is a highly volatile currency. Also, its unregulated nature gives room for illegal trading practices, i.e., pump and dumps. Also, it can be used by criminals for money laundering Get more...
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    Money What are the Advantages of Bitcoin?

    Bitcoin is a decentralized currency. Thus, it is not controlled by a central authority. Its value is determined by the economic law of supply and demand. Also, it can be used to send payments from one country to another anonymously. You can also send money without third-party interference...
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    Money How do I make money with Bitcoin?

    You can make money with Bitcoin by trading against other currencies. Trade altcoins against Bitcoin on Exchanges or buy/sell Bitcoin as an over-the-counter trader. Therefore, when the price of Bitcoin goes up, you sell to accumulate profits. Get more...
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    Money How do I convert Bitcoin to Naira?

    You can convert Bitcoin to Naira via prominent cryptocurrency exchanges, i.e., Luno, Remitano, etc. You can also convert Bitcoin to Naira via Bitcoin ATMs or selling to an over-the-counter trader. Get more...
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    Money What is Bitcoin Mining?

    This is the processing of bitcoin transactions through which new bitcoins are issued on the network. It is done via the use of specialized hardware and high computing power, which allows the nodes to solve cryptographic puzzles to process transactions. The nodes are rewarded with Bitcoins for...
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    Money How do I use Bitcoin ATM?

    To operate a Bitcoin ATM, you need your wallet captcha code. To buy bitcoins, select Buy Bitcoin on the ATM and type the amount you wish to buy, scan wallet, and insert cash into the machine, your wallet will be credited with Bitcoins afterwards. To sell bitcoins, select Sell Bitcoin on the ATM...
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    Money How do I Create A Bitcoin Wallet?

    First, choose your wallet service provider. There are several wallet providers, i.e., Bitwala, BlockchainInfo, etc. Next, sign up for a wallet using your email address. After completing registration, you can log in to your user interface to trade Bitcoin. N.B: Ensure to secure your login...
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    Money How to Buy Bitcoin

    You can buy bitcoin using several payment methods such as Cash, Credit Cards, etc. You can buy on notable cryptocurrency exchanges like Coinbase via your credit card. LocalBitcoins allows you to connect with buyers in a location to trade bitcoins using your preferred payment method. Also, there...
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    Money What is Bitcoin Trading?

    Bitcoin trading is the act of buying/selling bitcoins with other currencies. Several exchanges allow users to trade bitcoins against other cryptocurrencies or fiat. Cryptocurrency trading, however, is the trading of Bitcoin against altcoins on cryptocurrency exchanges. Examples include Bittrex...
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