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Nigerian online store to buy product with cryptocurrency
Recognition of Cryptocurrency in Nigeria
Cryptocurrencies are completely segregated, which means they are not controlled by any major bank or financial authority. This has led to their widespread acceptance in many countries, including Nigeria.
Most Nigerians are very young in technology and that is why cryptos have gained widespread acceptance in the country. According to Prudentj2, 32% of Nigerians are users of cryptocurrencies, the highest in the world.
Estimates show that in the top 10 countries in terms of trade volumes, Nigeria is ranked third behind the US and Russia by 2020, generating more than US $ 400 billion.
This broad acceptance comes after strict regulations from the country's highest bank. However, many forums support the seamless adoption of cryptocurrency and this article highlights five of the highlights of the random.
Online store to buy product with cryptocurrency in Nigeria
1. Patricia
Patricia uses the power of cryptocurrency to create alternative solutions to financial infrastructure, digital payments and global E-commerce. Patricia has online store where you can buy product with cryptocurrency in Nigeria. The forum allows you to securely buy or sell Gift and Bitcoin cards of any value, store them in BTC or Local Currency Wallet and switch smoothly between your daily routines such as airtime, data and cable subscriptions. Patricia has over 100,000+ downloads on the playstore.
Features
- Earn money with your Patricia Bitcoin wallet
- Multi-asset support
- Fiat and Bitcoin wallets are available
- Buy / Sell Gift Cards
- Fast transactions
- Visual and physical debit cards are available.
2. Buycoins Africa
BuyCoins is a service that enables users to trade cryptocurrency instantly without waiting time. Users can buy / sell cryptocurrency directly through the app without the hassle of finding merchants from whom to buy or sell them. The goal of BuyCoins is to provide a platform that caters to users' needs - whether it buys, sells, stores, buy product with cryptocurrency in Nigeria or transfers Bitcoin, Ethereum, Litecoin, and USD Coin - as easily and quickly as possible.
Features
- Support your account with Naira and easily buy Bitcoin, Ethereum, USDT and other cryptocurrencies.
- Excellent customer service.
- Earn up to 12% interest on locking your crypto savings for a period of time.
- Zero processing costs.
3. Quidax
Quidax is an African-based crypto currency exchange that makes it easy for you to buy, sell and store Bitcoin, Ethereum, Ripple's XRP Litecoin and other cryptocurrencies.
At Quidax, one of the long-term goals is to empower the next generation of remittances.
The team strongly believes in using the Internet to stabilize the world when it comes to financing and Blockchain technology. Quidax has 100,000+ downloads on Playstore.
Features
- Naira includes, withdrawals, and trading pairs available in Nigeria.
- Sell Bitcoin, Ethereum, Litecoin, and XRP via Naira on Quidax using market and order limits.
- Quidax offers cryptocurrency securities in well-known digital assets including Bitcoin, Ethereum, Litecoin, XRP, Dash, and USDT.
- Quick withdrawal.
- 0% Manufacturer trading fee.
- Quidax has its own API that supports the integration of third-party companies into automated trading.
4. Luno
Luno has been in cryptocurrency for a long time as Bitcoin has over $ 21+ billion in processed trading.
Whether you are new to Bitcoin or an advanced cryptocurrency trader, Lunos crypto wallet and online trading offers a secure and secure platform to buy Bitcoin and other digital currencies such as Ripple, Ethereum, Litecoin and more.
With over 7M customers in 40+ countries, Luno has a worldwide team of more than 350 dedicated professionals who are always available to make your crypto journey easier. The app has over 5M+ downloads on Playstore.
Features
- Save and Earn 7.6% APY Interest on your Crypto.
- Instant Payment & Withdrawal.
- Available on the web, iOS or Android.
- Luno charges 0% of maker trading fees.
5. Bundle Africa
Bundle Africa is a public payment and cryptocurrency payment system.
Founded in 2020 by Yele Bademosi, former Director of Binance Labs, the app is specially designed to meet the needs of indigenous African users who prefer “digital financial services using mobile applications instead of visiting the brick and mortar bank branches.
Bulk makes it easy and fun to make payments with cash and cryptocurrency currencies like Bitcoin, Ether, BUSD, and BNB. Bulk has over 100,000+ downloads on Playstore
Features
- Make free transfer of contacts.
- Enjoy the savings benefits of Bundle Vault and earn up to 5.7% returns.
- Switch one crypto to another with CoinSwap.
- Zero Transaction Costs.
- Buy crypto including Bitcoin, Ether, BUSD, BNB, Chainlink, and TRON in Bundle with your debit card, EFT or other crypto.
Conclusion
Cryptocurrency exchange platforms facilitate cryptocurrencies transactions which means users can send and receive payments to anyone, buy product with cryptocurrency in Nigeria on the network or globally without the need for the approval of any external authority.
In addition to the aforementioned transactions, "Online store to buy product with cryptocurrency in Nigeria", there are other peer-to-peer crypto exchanges ready to buy and sell cryptocurrency.
The volume of crypto transactions nationally and internationally has been steadily increasing in recent times, so we can expect a fair increase in the number of exchange platforms.
Those are online stores where you can buy product with cryptocurrency in Nigeria.
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