Bitcoin in Nigeria
- According to Google Trends, Nigeria had the highest searches for “Bitcoin” in the past 12 months.
- As of today, 1 Bitcoin equals 23,984,413.58 Nigerian Naira
- NairaEx is one of the leading Bitcoin exchange in Nigeria. It is based in Nigeria.
What are the Benefits of Bitcoins?
- Safety. Transactions done on the Blockchain are usually secure thus reducing fraud.
- Ease of transfer. One can transfer the cryptocurrency within minutes.
- No limit. There is no regulation on the amount of Bitcoins that one can purchase or sell.
- Borderless currency. It is easy to transfer the currency to a party in any part of the globe at any time.
- Low transfer charges. Bitcoins have lower transfer fees than banks.