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Buying bitcoin with naira should be as easy as online shopping. However, it has become a tad more difficult to buy bitcoin with naira due to Nigeria’s central bank policies. Fortunately, NairaEx has put in the effort to make buying bitcoin simple and easy. NairaEx has thousands of customers,
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You might have seen bitcoin being described as a digital gold in some instances and as a digital currency in others. You might have also wondered which one is it now? In this guide, you will find out whether bitcoin is digital gold, a digital currency, or both. Is Bitcoin
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Bitcoin skyrocketed from $1 for 1309.03 BTC in 2009 to over $50,000 for one bitcoin and a total market value of $1 trillion by the end of April 2021. What might not be clear to many, however, is why bitcoin is valuable.
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So you’ve heard about Bitcoin but are not quite sure what it is how it works. No worries! We’ve got you covered. In this guide, you will learn what bitcoin is and how it works. What is Bitcoin? Bitcoin is a decentralized, open-source, peer-to-peer digital payment system that
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El Salvador’s minister of finance, Alejandro Zelaya, has told Bloomberg that the bitcoin utilization as a recognized medium of exchange has productively impacted the unbanked masses. Although there was a recorded 50% deficit during the nation's attempt to buy bitcoin, the move has helped to enhance tourism
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Cryptocurrency has spread across different nations of the world, thoroughly exposing its inevitable predominance in the financial world. A whole number of countries have examined its positive impact and blended it with the already practiced traditional financial protocol. Nigeria, as well, is not left out and its youth are gradually
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The central American country preceding procurement of over 500 crypto coins was recorded to be in May with a social media tweet stating that the nation had “just bought the dip.” El Salvador’s head of state, Nayib Bukele, in a Twitter announcement, said the nation has acquired an extra
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With the current inflation rate and depreciation of the Naira against the US dollar, Nigerians form part of the majority of those steering the wheels for cryptocurrency adoption globally. According to a report by Kucoin, a cryptocurrency exchange, about 33.4 million Nigerians trade or own virtual currencies including Bitcoin,
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The persistent decline of stocks and other items in the financial market alongside the fright about diverse crypto lending firms has pushed bitcoin into its ‘teens’ for the first time in almost 18 months. The price of the largest cryptocurrency by market cap plunged under the $20,000 mark, which
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Bitcoin rose above the $21,000 trading mark in the European hours of Friday as Asian and European markets advanced after today’s open. Bitcoin has been on a steady fall for over 9 days, after falling from $31,000 at the beginning of June to just a little over
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Bitcoin plunged below a 25k dollar rate due to a super unstable macroeconomic ground merged with the orderly risk from within the virtual currency space, indicating the twelfth week of continual decline for the coin. Figures from TradingView and Coin Market Cap showed the top leading cryptocurrency being faced with
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Bitcoin and Ethereum, the world’s most powerful cryptocurrencies based on market capitalization, have fallen by 5% in the last 24 hours. Bitcoin fell below $30,000, wiping its gains in recent times. Bitcoin had briefly boosted the confidence of investors after it rallied to reclaim its $30,000 spot