The deposit limit depends on your verification. There are three verifications on Luno for deposit and withdrawal
For level 1: Phone verification: You can deposit/withdraw up to 200,000 naira
For level 2: ID verification: You can deposit/withdraw up to 500,000 naira monthly
For level 3: Proof of residence:  You can deposit/withdraw up to 10 million naira monthly

For makers, trading fee is free on Luno.

For privacy sake, I will prefer p2p exchanges like LocalBitcoins, Remitano or Paxful. It is also said above, cryptocurrencies  are legal in Nigeria, and you can purchase directly from exchanges that support credit cards like Binance.


I do not know much about bitcoin marketcap in Nigeria but there are p2p exchnages like paxful, it is frequently used by Nigerians, but someone needs to be careful as some people use it for scam purpose, they must not release the bitcoin from escrow until they receive the money for bitcoin they are selling like you said above.

This may also interest you
Nigeria is among one of the countries that show huge growth interest in cryptocurrencies, according to coinmarketcap.

9 Countries Show Huge Growth in Cryptocurrency Interest: Coinmarketcap
https://news.bitcoin.com/countries-growth-cryptocurrency-coinmarketcap/

This forum is about cryptocurrencies, build your account here is better. This forum is where you can get access to true information rather than the channel you created.

Or, better still, establish your account to certain rank here before making such move.

People should also be careful of channels on telegram, scammers can be the brain behind it.

You still do not give valid reason why QR code is not good for 2FA backup.

This method is not good enough, you can  write it down on a papar like you have ones said, you can laminate it for more safety.

When backing up QR code, the secret code is included.

DeathAngel is right, he said Man United have only won it ones in last 16 years which means from 2004/2005 to 2019/2020. It is only just only ones Man United won which was in 2015/2016. The last they won before 2015/2016 was in 2003/2004 which is seventeen years ago.

But it not yet certain Maybe united will win this season because strong clubs are still there to compete and other clubs can be surprising. This are the next matches.

Today
Norwich City ? - ? Manchester United

June 28
13:00Sheffield United ? - ? Arsenal
16:00Leicester City ? - ? Chelsea
18:30Newcastle United ? - ? Manchester City

Some people screen shot the 2FA backup QR codes including the backup words and characters, some also store the back up on their phones note, this is a poor and a non recommended way to back up 2FA, instead, you should do the paper printing, laminate it and put it in a place safe from damage and intruders(hackers)

We need to also be careful of hackers. Any device our wallets or our 2FA apps are installed, we need to make it safe from malware, trojan horse is able to reveal the 2FA code, also are some malware like rootkit that can reveal detail informations stored on your device, in this way, it can steal the 2 FA backup screen shot.

Make sure your device is free from malware, and do a paper printed 2 FA backup.

There is one also I will like you to include, andOTP 2 factor authenticator, it is also good and open source.

It will still take more than a decade before all bitcoin will be mined, we do not really know what could happen, but I do not think the transactions fee can be as high as thousands of dollars because:

First, bitcoin transaction fee may increase to an extent that more people will prefer to use lightning network which makes the transaction faster and at low fee charges, this could be one of the solutions to increasing bitcoin transaction fee.

Second, there could be another bitcoin improvement proposals that could gain bitcoin community interest in such a way to reduce the increasing bitcoin transaction fee.

But I am not disputing the fact that bitcoin transaction fee will increase, it will surely increase because the adoption of bitcoin will increase, the price will increase and this will results in transaction fee inceease, but increase to as high as thousands of dollars will discorage people which I believe is not possible.

In my opinion, the merit system is enough to shapen this forum, even  creating two accounts will be hard for newbies to develop, it takes time to even develop one account to Hero rank not to talk of Legendary. Most of the new accounts are for bounties but if not for bounties, it will be hard for a single person to develop two accounts.

I like this forum because we are many, if our population is reduced to thousands from the present millions, this forum will actually not be in balance, many signature campaigns will leave, many people will not be able to join or register for bounty campaigns, in a negative feedback, many of us will leave, the members will reduce until Bitcointalk fold up.

Okay. Thank you, I just want to be sure, I am still not stale on this forum and this is so new to me. That means we can copy and paste articles from another site but we should include the source link.

I find this as a complete plagiarism, I am a bit confused and think this is not right.

https://bitcointalk.org/index.php?topic=5258046.0

Although it was copied and pasted words for words from this link

https://medium.com/@bitrefill/how-to-easily-acquire-bitcoin-on-every-continent-except-antarctica-a3cf8eaac801

Although the link was included but complete plagiarism. Is this making any sense at all?

Nobody knows tomorrow but analyzing coins individually and patiently can really help, no other ways to know than to analyze the coins, using indicators, especially RSI. Buying the coin at appropriate time is very important, buying at low price,  you will have to wait until the coins fall in price greatly, even to a certain lowest level it was in 6 months time to a year.

New projects can be pumped but subjected to manipulations because of its low marketcap, it can easily be dumped. I will advice you to invest on coins with high marketcap, the coins should have been existing for a long time so you will be able to analyze it and also not to fall victim of a coin that will be dumped. So, bitcoin is a good example, ether is another good example. Some altcoins can even be more profitable but they are also more risky.

New projects are mostly scam coins that will be pumped and dumped.

About bitcoin
Bitcoin is a digital currency and asset, it is decentralized, created in 2009 by Satoshi Nakamoto who also created this forum. Bitcoin are stored on blockchain, but bitcoin wallet store a key (private key) that unlock bitcoin from blockchain. You can send bitcoin to another bitcoin wallet or to another person having bitcoin wallet through addresses, the transaction takes an average of 10 minutes, miners are responsible for making the transaction successful and update the blockchain ledger. Bitcoin can be traded on exchanges, bitcoin is not anonymous but high level of privacy is maintained. There is a lot more about bitcoin, you can download one of the bitcoin ebooks through a link on this forum

https://bitcointalk.org/index.php?topic=5238586.msg54174185#msg54174185 to know about bitcoin.

About this forum
It was created by Satoshi Nakamoto also as said earlier, it was created after he created bitcoin, as a forum to learn about bitcoin, you can use the forum to ask question, you can also contribute new ideas on this forum, if you go through some threads, you will see how this forum is so helpful. If you like to be using the forum to post and ask question, you must abide to the forum rules

https://bitcointalk.org/index.php?topic=703657.0

You should also know about activities, merits, and some other aspects before you start posting

• Newbies - Read before posting

• FAQ: Everything you need to know about forum activity, account ranks and merit

You are welcome, just also know that this forum is not about making money or bitcoin, it is about learning and contributing about bitcoin and other aspects you will see in sections on the forum main page, but if your posts are of high quality and authentic, some will be merited, the more your merits and activities, the more you will rank up. In the process, you will be able to join a campaign that can pay you certain amount of bitcoin weekly, but know that this forum is not about money or bitcoin, it is about making quality posts making people learn or gain.

Just to be true, here is not a place for you to get a loan, your btt account can not even serve as a collateral, no merit not even to talk of ranking up, not to talk of joining a campaign. Post quality posts rank up and be a legendary or an established member to easily receive such kind of loan, else look for other means.

I do not know about that, it is surprising that you can not buy bitcoin from Japan on binance, but you can try other exchanges which you can use to buy bitcoin directly from Japan, you can use localbitcoin, or coinmama for the purchase. You can read more about this on https://www.buybitcoinworldwide.com/japan/.

You can also use bitfinex but they have low reputation after it was hacked in 2016, 120,000 btc was stolen from the exchange.

This is not hard, how are you sending to fiat before? Is it through bitcoin, ethereum, ripple or any other coin? You will have to give the person an exchange tether address, telling him to send you the tether through the address. You can use good exchanges like binance or kucoin for that or any exchange you use and like. You can convert easily to any of the coin you do receive fiat, it is as simple as that.
 

This is just so right, most people do not have enough knowledge about what they invested on, some even do not have any idea at all about it, that is why they are easily scammed. I saw a mate of my on whatsapp telling people they could become a millionaire in two years by trading in cryptocurrencies, some people will just be lured by that and later even lose, some this way fall victim of ponzi scheme and lose. In life, we need to do a thorough research before we invested our funds on such.

@ o_e_l_e_o, thanks for the good explanation about bitcoin halving that could take place before or after 4 years, you clearly explained this in a way someone can easily understand. That means if hash rate miners are generating is increasing, block rewards can fall in a time lesser than 10 minutes and this is responsible for the previous bitcoin halving not getting up to four years in your calculation above, and this was so because miners are constantly increasing and resulting in increasing hash rates, even the highest hashes generated is in this year and this has been increasing since years back.

But the otherwise could happen if the hash rate deceased steadily, because it will result to block time of more than 10 minutes, from your calculation, it could take more than four years before another 210,000 blocks could be mined and this will lengthen bitcoin halving period/time.

So, bitcoin halving period depends on hash rates generated by miners.

I will like you to recommend me a book or site I can read more about this, you comments are always authentic.

You need to reread the topic, this is not about racism or issues between blacks and whites in the world nor the Asians as well, CryptopreneurBrainboss is totally talking about the blacks reciding in Africa which is our home and black in diaspera that lives outside Africa. We home always are in full support of black Americans but they see us inferior which supposed not to be.

You need to get me right, I did not say bitcoin halving occur in four years, I said it occurs approximately in every four years, and that is why it is said it occur every four years, using only 210,000 block to explain is accurate but in relation to time is necessary.


It has already been calculated the next halving to occur in February 29, 2024. This will be the fourth  halving, and yet it is still approximately four years which can be assumed to be four years also. So, the next halving from the calculation will occur some days before or after February 29, 2024 not in December that you presumed.

I think this is contradictory to your other comments, which one are you talking about? I commented it happens approximately every four years which can be assumed as four years. If this is what you meant, then you are inline with my comment, do not get this twisted.

All your statements are correct, even this one is also correct, the first halving was in November 2012, while the second was in July 2016, the third was in May 2020 and definitely the next will happen some months before May in 2024 which means halving is not exactly happening in every 4 years but approximately in every 4 years after each 210,000 blocks are mined. Because halving happens approximately in every four years, it is said that bitcoin halves in every four years.

I am not saying what the thread starter posted is authentic though, in fact, he should follow your advice to learn before posting for not to mislead people.

But not on this forum, halving is like asking someone 'what is water' here.

You are wrong, bitcoin halving specifically is when bitcoin block reward halves, in the process, bitcoin supply is reduced. It happens approximately every four years after another 210,000 blocks are mined. This is the simple points you supposed to clearly explain.

This forum is not for making mistakes, your works must be excellent, your posts must be authentic.