Can anyone recommend a mall that accept Bitcoin and other cryptocurrency?

[DPHOR]

I would want to know if there are any mall, such as eatery, supper store and shopping center within the state?
This would help us easily locate one. For instance in PH-city or within Umuahia. Most time I am getting messed up with cash so due this p2p stuff and i think is the right we look for another alternatives to spend our coin without even looking out for exchanging them directly to p2p providers.

This is more like a thread to discuss the happening places that accept bitcoin with the State/county.

[Charles-Tim]

Maybe this can be helpful:

https://blog.busha.co/where-can-i-spend-bitcoin-in-2023-in-nigeria/
https://www.nigeriabitcoincommunity.com/nigeria-bitcoin-stores/

Open the first link with VPN. It would open.

I still prefer to convert the coins to naira for spending in relation to how crypto is used for spending in Nigeria. More than 99.99% of businesses in Nigeria are not accepting bitcoin and other cryptocurrencies for payment.

[Ishicryptic]

I don't think that there is any restrictions anywhere for businesses not to accept Bitcoin in Nigeria, it is personal choices if they will like to accept it although accepting it as payments in the country is not yet popular. There are many businesses in a shopping mall, owned by different people and anyone of them can decide to accept Bitcoin and some others will not, so I don't think that it's easy to know malls that will accept Bitcoin, only the businesses can decide . I've heard that some established businesses accepts Bitcoin but I don't know if there's any statistics for business acceptance of Bitcoin in Nigeria. What you need to do if you have the need to make payments with Bitcoin is to ask whether they accept it. But because of the misinformation that people have about Bitcoin and our government's lack of support for it I will not ask whether I can pay with Bitcoin if they don't advertise that they accept it. As a Bitcoin hodler I like to keep the information private when I'm in the public for safety reasons, you can be attacked by criminals who think that your wallet is loaded.

[Hatchy]

This is more like a thread to discuss the happening places that accept bitcoin with the State/county.

It will be quite difficult to find just any random place that accepts crypto payment. Except it's in a popular place like Lagos or abuja and very know to the public. Right now, rate of people using cryptocurrency for payments is very low. Most times they save using cryptocurrency in and wouldn't have such taughts of spending in crypto. To me t's better to just convert the coin to naira as there is no much difference and currently the rate is around 1600 naira to a dollar making it more profitable to converting to naira from dollar.

[Yucky]

If you're considering convenience, transacting with fiat is more easier than using your Bitcoin to make purchase at malls.

Imagine you went to an eatery to get something of 5 thousand naira and have to make your payment with Bitcoin using p2p, that's quite to small for such kind if transaction and even if you're to pay in USDT, it's approximately $2 which is quite small considering that you still have to pay transaction fee that might be up to $1 on the average.

Most of the young guys at big malls like SPAR, most expecially the ones that deals on gadgets like like phones and laptops are into crypto and can decide to accept payments via Bitcoin if you decide to pay through that means but it's not yet rampant to see most of them officially putting crypto as one of thier primary payment medium because of the regulatory issues we're still facing with the SEC.

[Adbitco]

Maybe this can be helpful:

https://blog.busha.co/where-can-i-spend-bitcoin-in-2023-in-nigeria/
https://www.nigeriabitcoincommunity.com/nigeria-bitcoin-stores/

Open the first link with VPN. It would open.

I still prefer to convert the coins to naira for spending in relation to how crypto is used for spending in Nigeria. More than 99.99% of businesses in Nigeria are not accepting bitcoin and other cryptocurrencies for payment.

Yes you are very correct due to government regulation and fighting over Binance and some other cryptocurrency exchange that offer p2p services in the name which they are killing our Naira's. Even there were places that accept bitcoin i guess it would be on the low since the environment aren't that friendly and convenient. However, op why no just used direct exchange and there some other platform that offer swift trade on their p2p services such as bybit and some platform that offer such services.

[Charles-Tim]

I don't think that there is any restrictions anywhere for businesses not to accept Bitcoin in Nigeria, it is personal choices if they will like to accept it although accepting it as payments in the country is not yet popular.

If more people are accepting bitcoin, that is going to be the talk of the government that bitcoin is the reason for naira depreciation. It is better how Nigeria is now about bitcoin adoption in a way most people do not accept bitcoin for payment. Because there is no law yet against it does not mean the government will not find an excuse.

[Roseline492]

This is more like a thread to discuss the happening places that accept bitcoin with the State/county.

It will be quite difficult to find just any random place that accepts crypto payment. Except it's in a popular place like Lagos or abuja and very know to the public. Right now, rate of people using cryptocurrency for payments is very low. Most times they save using cryptocurrency in and wouldn't have such taughts of spending in crypto. To me t's better to just convert the coin to naira as there is no much difference and currently the rate is around 1600 naira to a dollar making it more profitable to converting to naira from dollar.

Of course that's true because in as much as there could be some certain individuals who will agree to that but being able to identify them will certainly be very difficult and besides there could be some disadvantages of using such p2p method because there is no way the person will agreed to buy it with the current market price because they would always want to get some little profit from that transaction and besides he should also understand the fact that sending dollar to another person will incurred some service fees, so just like you said to be on safer side converting it online is the best because hoping to see any such payment option from any shopping centre could be very frustrating especially in Ph city.

[DPHOR]

I don't think that there is any restrictions anywhere for businesses not to accept Bitcoin in Nigeria, it is personal choices if they will like to accept it although accepting it as payments in the country is not yet popular.

If more people are accepting bitcoin, that is going to be the talk of the government that bitcoin is the reason for naira depreciation. It is better how Nigeria is now about bitcoin adoption in a way most people do not accept bitcoin for payment. Because there is no law yet against it does not mean the government will not find an excuse.

Has bitcoin now controlling the price of Naira in our country and again how has bitcoin affect the price of NGN/USD?
Yes I know that lot of people do trade bitcoin but to say that bitcoin doesn't entirely controlling our economy.

[Charles-Tim]

Has bitcoin now controlling the price of Naira in our country and again how has bitcoin affect the price of NGN/USD?

Bitcoin is not controlling naira price. What I meant is that if something like that is happening in a way people started to spend bitcoin instead of naira, and if naira value keeps deprecating as usual, the government may refer to how people  are spending bitcoin directly to be the cause. Even if it is not the cause.

[Mia Chloe]

I would want to know if there are any mall, such as eatery, supper store and shopping center within the state?
This would help us easily locate one. For instance in PH-city or within Umuahia. Most time I am getting messed up with cash so due this p2p stuff and i think is the right we look for another alternatives to spend our coin without even looking out for exchanging them directly to p2p providers.

This is more like a thread to discuss the happening places that accept bitcoin with the State/county.

It seems like  many of us are not getting the point here. Currently cryptocurrency is more like illegal in Nigeria and that simply means that transactions made with bitcoin or any other crypto currency irrespective of if it's P2P or just a normal goods or service purchase is more of illegal. That's one of the biggest reasons why crypto currency payments aren't popular in Nigeria. Take for example you set up a shop publicly accepting crypto payments, you may get shutdown by the government depending on certain factors.

Another reason crypto currency transactions aren't too common in Nigeria is because payments in crypto is hard to come by due to low adoption which still owes to the government. Crypto has a wide audience in Nigeria though a majority of them are being held back by governmental restrictions and removing those restrictions will allow a breakthrough in crypto transactions.

[nelson4lov]

Except it's done privately, most businesses in the country currently don't support the purchase of good and services using Bitcoin or any other crypto. I think it is primarily due to the regulatory unfriendliness that the government has demonstrated in recent times.

It seems like  many of us are not getting the point here. Currently cryptocurrency is more like illegal in Nigeria and that simply means that transactions made with bitcoin or any other crypto currency irrespective of if it's P2P or just a normal goods or service purchase is more of illegal. That's one of the biggest reasons why crypto currency payments aren't popular in Nigeria. Take for example you set up a shop publicly accepting crypto payments, you may get shutdown by the government depending on certain factors.

~Snipped

Yes. That's why I said if it's accepted, more often than not it is done privately. If you're not informed, you simply won't know as it's not a publicly available information. Any business that publicly accepts it is only inviting attacks from government especially not that there's is little to no clarity on the legality of crypto indulgement.