Sell Bitcoin for Cash in Nigeria: Have you been looking for an exchange platform to sell Bitcoin for cash in Nigeria? Have you heard of traders getting ripped off their money, which has scared you? Or are you a new trader trying to find your way around the crypto industry in Nigeria? This article is for anyone that can relate to or answer yes to the questions mentioned above. Together, we will show you the best platform to sell your Bitcoin for cash and get paid immediately.
What is Bitcoin?
Bitcoin is a cryptocurrency; like the others, it is not under any institutional control. Yes, Bitcoin is not regulated by any banking institution. That is why when it was first created and introduced to the world, it was vastly acclaimed. People wanted a break from the conventional way of earning, investing, and making payments, and Bitcoin was the best way out.
Bitcoin is the most popular cryptocurrency in the world. Because of Bitcoin’s progress, other cryptocurrencies like Ethereum and BNB were created. Bitcoin is like the template, which is why whenever the value of Bitcoin drops, other cryptocurrencies will follow suit.
Bitcoin reached its highest value of over 65,000 US dollars in November 2021, and when it did, other cryptocurrencies started performing well. Although the price of Bitcoin has dropped lower than many traders’ projections, there still hope for the future. The current price of Bitcoin is 27,328 USD which is still expected to go higher. So, if you have Bitcoin and you want to sell it, this is the best time.
The best platform to sell Bitcoin for naira in Nigeria
Bitcoin exchange platforms in Nigeria are numerous. In fact, they are gradually becoming more than crypto traders. Finding the best platform can be challenging because there are several options. Hence, you must apply caution when selecting a platform.
In choosing a platform, ensure it is customer-centric and meets your trading needs. For example, find a platform that offers you the best value if you want the best rates. However, don’t lose a diamond while collecting stones. It’s not like high exchange rates are not essential, but if the platform does not have good security, a simple user interface, and good customer service, you shouldn’t rely on it.
The best platform to trade Bitcoin for cash in Nigeria is Astro Africa. Astro Africa is one of the few platforms in Nigeria that is dedicated to ensuring crypto traders enjoy the best trading experience. Astro Africa has all the features required for a well-rounded trading experience. The platform is available across different platforms and sells Bitcoin at the best rates. Security and responsive customer service are our priorities because that’s the only authentic way to protect customers and assure them of our stellar services. All you have to do is follow the steps in the guide below and start selling your Bitcoin for Naira.
Sell Bitcoin for cash in Nigeria on Astro Africa
Astro Africa has a simple user interface that makes trading easy. All you have to do is sign up and get started.
- Create an account using your valid email and phone number through the Astro Africa mobile app (iOS and Android) or website.
- After creating an account, you’ll be directed to your dashboard.
- Add a local bank account and create your transaction pin.
- Add a naira wallet by clicking wallet.
- Click on sell crypto on your account dashboard.
- On our platform, you can sell Bitcoin, USDT, Ethereum, and BNB. Select Bitcoin.
- Choose your payment wallet (Naira or Cedi wallet), and enter the amount in dollars or BTC; the calculator will display the amount you will receive in your local currency; click on proceed if you agree with the terms.
- A Bitcoin wallet address will automatically display on your screen. Copy and paste the address into the space provided.
- Click on “I have sent Bitcoin” to confirm that it has been transferred.
- Astro Africa will proceed to verify and authenticate your transaction. In less than 10 minutes, you’ll get paid.
Also read: How to open a Bitcoin wallet
Sell Bitcoin for Cash in Nigeria – Sell Bitcoin for Cash in Nigeria