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Author Topic: Where and how to buy bitcoin in 2024.  (Read 165 times)
AVE5
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June 14, 2024, 12:21:20 AM
 #21

Believably there are lot of people out there interested to invest on bitcoin but the scamming records around it has been a discouragement to them. It only takes courage to Invest on bitcoin if you're far from the knowledge or easier when trusted someone who brought about bitcoin to your knowledge. The crisis within the government over crypto centralized exchanges has also brought fear to most interested persons on bitcoin.
Op I don't understand what you expects the crypto enthusiasts to do in such cases as you said we don't care.  Are we supposed to hold hold a public convention to convince the people out there in doubt about bitcoin?
Perhaps beginners can buy bitcoin on a third party but must be assured of legitimacy. That's if you don't want to negotiate directly on the p2p exchange.

Whenever there is a new technology in town scammers always take advantage of it to get their victims, even when the banks started digital transfer of funds most people got scammed through fake transfers, so its not just a bitcoin thing.
The problem we have is people jumping onto a new trend most especially if there is a false narrative that it makes people rich like whats happening to bitcoin at the moment. People who are easily scammed are mostly those that have the intention of getting rich quick and scammers use this to get them. with a proper knowledge i don't think anyone can ever scam you in this space.

Scammers are always at alert and update to new trends so that they can always invade the system to the success of succeeding their victims. They're aware that there's always inexperienced Investors and participants in the new system so it's always easy for them to garner around and catch up with their victims on targets.
Moreover, lot of desperate quick profits chasers are indicted to always embrace any introduced projects without research commitment which leads them to the lost of their funds.

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June 14, 2024, 06:22:56 AM
 #22

I believe Bitmart still supports P2P trading for naira. I just checked, and it seems you can use it to buy USDT, which you can then use to purchase Bitcoin and other altcoins. https://www.bitmart.com/p2p

P2P trading for Naira is perfectly working in Nigeria in Bitmart and there are some exchanges that can help some exchanges that will help to trade from Naira to USDT and buy bitcoin, it is not that difficult to buy bitcoin, it is not about investing in bitcoin, is he capable of investing in bitcoin? is he capable of holding ? He said that bitcoin have become more popular in Nigeria and people want to invest in it, but it is very important for those who want to invest to know what bitcoin means because we Nigerian are difficult to understand sometimes, some people will have interest in bitcoin because they hear about how the people use to make money when the bitcoin price rise and they don’t ask if the price use to drop or not and after investing and they didn’t see it the way they expect they will start saying some negative things about it and it will make some people who have interest on it before to not invest again, so we should try to let people understand bitcoin before investing,I didn’t mean he didn’t know what bitcoin is but sometimes we should ask so that they can learn more than what they have heard from people that introduced them to bitcoin.

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Ishicryptic
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June 14, 2024, 07:42:09 AM
 #23

Buying or selling bitcoin via p2p can never be a problem in Nigeria because there will always be a way out. No matter that we know our government is having issues with exchanges in Nigeria, no mean say some exchanges no still dey do p2p trade.

I use bitget and bybit for my Naira p2p. If I want to sell bitcoin, I sell direct and get paid in Naira, amd if I want to sell USDT same. It is only Binance and Kucoin that have delisted Naira from their exchange. Don't be scared about the banks warning because they cannot know if your transaction was from crypto. Also use online banking apps.

It is still very safe to do p2p transactions through exchanges in Nigeria, although the government is having issues with Binance and they disabled their naira p2p, also a few other exchanges did the same thing but aside from these reputable crypto exchanges, there are other exchanges that still enables naira p2p like the ones that you mentioned in these thread. Cryptocurrency has come to stay in Nigeria, and the adoption is increasing everyday, our government is aware of this glaring fact and they are accepting it that placing restrictions on exchanges can not stop crypto business in the country, so let them go ahead and regulate it to get their taxes instead of being skeptical about it. Also there is p2p transactions between two parties but which doesn't require the interference of government or any third party but you have to do it with a trusted person or escrow.
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June 14, 2024, 02:20:15 PM
 #24

Bitcoin is becoming popular in Nigeria and there are many people who are interested to invest in it, but the question they do not know is how to invest or where to invest. The answer is becoming difficult to give them because of how our governments is, and scammers knowing this can take advantage of these people.
We are not so bortherd because because some of us receive stipends from a signature campaigns we often do not bother ourselves we how to get bitcoins for DCA. But with the difficulty with using banks for crypto trading with exchanges, where and how can someone buy bitcoins or other coins?
Op there plenty places to buy your bitcoin. First of all if you need or want to buy you go and check the thread someone created here in di local board, and just say you want to buy bitcoin then you go see people wey like to sell give you. Then another ways na to buy am from exchanges where some of the exchanges even have DCA method to buy and also someone you know physically can also sell for you.
All these na di ways you go fit get or buy bitcoin and all what you go do be say make you prepare yourself with good amount of money so that you go buy plenty.

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Oshio-man
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June 18, 2024, 03:47:25 PM
 #25

Op, bitcoin don dey popular for our country just dat people dey fear to show up their skill, just wait mak our government adopt bitcoin and mak it legal for d country, na den u go no say dat your boss wey u dey follow work to receive monthly salary, he dey use bitcoin dey do all those things u dey see around d company, I no dat binance exchange was d best exchange wey naija people dey use tak buy bitcoins and crypto and hold for long, but since our government don arrested their representative, binance don remove naija naira from d exchange, but naija people who dey bitcoin and crypto don  discover other exchange were dey can use tak buy bitcoin and hold for d price to go up before dey can sell to make money.
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June 19, 2024, 04:06:26 PM
 #26

Bitcoin is becoming popular in Nigeria and there are many people who are interested to invest in it, but the question they do not know is how to invest or where to invest. The answer is becoming difficult to give them because of how our governments is, and scammers knowing this can take advantage of these people.
We are not so bortherd because because some of us receive stipends from a signature campaigns we often do not bother ourselves we how to get bitcoins for DCA. But with the difficulty with using banks for crypto trading with exchanges, where and how can someone buy bitcoins or other coins?

Op Bitcoin already dey very popular for Nigeria just that most persons never still get complete insight of Wattin e be. Normally we dey hear people dey make use of the sentence "you be block chain" and that Na because dem know say the worth of 1 Bitcoin dey massive so them use am take refer to person wey hold em side. However as our government dey behave adamant to the importance of crypto come dey implement this restriction and try their best to end p2p trade, I advise make any public teaching about crypto hold first, anybody wey wan learn fit learn inside house or make use of the inter to conduct em personal research, after all Bitcoin no hard to work with. Learning the basics sef alone go fit help plenty person avoid all this scams because when you keep you seed phrase safe, you no get anything to fear again.

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June 19, 2024, 04:16:32 PM
 #27

E still get a few exchanges in Nigeria wey person go fit buy bitcoin, bybit is one of them and there are a lot of Nigerian traders in those platforms, there are also decentralized exchanges wey you fit buy bitcoin, you just have to DYOR about it.

That being said, there are also reputable vendors who buy and sell cryptocurrencies, but one has to be careful in choosing which of them to trade with, as there are a lot of scammers posing as crypto vendors. If your friend wey won buy buy bitcoin no dey this forum, you fit connect am with brainboss wey dey offer currency exchange trading too.



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