Can Nigerians use Paxful?

Paxful is the leading global peer-to-peer Bitcoin marketplace—and it’s now available in Nigeria!

How can I sell Bitcoin on Paxful in Nigeria?

Here’s a short video on how to sell Bitcoin instantly:

  1. Step 1 Setting up search requirements. Create an account or log in to your Paxful account, hover over the Sell arrow, and click your preferred cryptocurrency.
  2. Step 2 Finding an offer. Browse through the list of offers.
  3. Step 3 Trading.

How much is $50 worth of Bitcoin in Naira?

50 Bitcoin is 423907500 Nigerian Naira.

Which Bitcoin wallet is best in Nigeria?

The best Bitcoin wallet in Nigeria is Capital, thanks to its bank-level security, ease of use, and excellent customer support. It supports 100+ cryptocurrencies, and is a favorite among savvy Nigerian crypto investors.

Who owns Paxful?

Ray Youssef
Business Insider Africa (BI Africa) caught up with Paxful co-founders, Ray Youssef and Artur Schaback, who recently visited Lagos, Nigeria, to unveil the PAXNaija Educational Centre in Abuja, and a primary school Kaduna State (built via the Built with Bitcoin Foundation).

Is Paxful legal in USA?

Unfortunately, due to regulatory restrictions, Paxful is currently prohibited from servicing customers in the states of New York, Washington, and West Virginia. As a result, accounts in these states will be banned and you will not be able to log in to your Paxful account when in these states.

Can I use my Bvn to buy Bitcoin?

You do not need to complete identity verification to sell Bitcoin, but in order to buy NairaEX requires your Bank Verification Number (BVN), an acceptable Government-Issued Photo ID, and a selfie of you holding your Photo ID card with today’s date and NairaEx written on a piece of paper.

Can I buy 5000 naira worth of Bitcoin?

5000 Nigerian Naira is 0.000376 Bitcoin.

Is Bitcoin used in Africa?

It is no surprise that some of these countries are among the main Bitcoin economies in Africa. The main Bitcoin countries are Botswana, Ghana, Kenya, Nigeria, South Africa and Zimbabwe, according to, a website dedicated to Bitcoin news in Africa.

Can you buy a Lamborghini with Bitcoin?

In what might lend a small bit of legitimacy to the controversial digital payment scheme, a Lamborghini dealership in Costa Mesa, Calif. announced that for the first time, it accepted Bitcoin for the purchase of a car.

What is the rate of $100 Bitcoin to naira?

100 Bitcoin is 859129000 Nigerian Naira.

How much is $2000 Bitcoin in Nigeria?

2,000 BTC to NGN 1 BTC = ₦12,431,999.52 +₦92,262.34 (+0.74%) at the rate on 2022-06-02. The cost of 2,000 Bitcoins in Nigerian Naira today is ₦24,863,999,043.06 according to the “Open Exchange Rates”, compared to yesterday, the exchange rate increased by 0.74% (by +₦92,262.34).

Who uses Bitcoin the most?

Top 5 countries with most cryptocurrency holders are the following,

  • India 100 million.
  • USA 27 million.
  • Russia 17 million.
  • Nigeria 13 million.
  • Brazil 10 million.

Do any banks sell bitcoin?

And although there are US banks that offer some virtual cryptocurrency functions, no US bank allows you to buy and sell Bitcoins through an ATM.

Can you buy a house using bitcoin?

Just as you can pay for a house with crypto in a for-sale-by-owner situation, you can also pay in cash just as easily. Likewise, if you need cash for financing, you can cash out a portion of your crypto holdings to put toward the initial down payment.

How much is $400 Bitcoin in Nigeria?

400 Bitcoin is 5032640000 Nigerian Naira.

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