Does Coinbase work in Nigeria?

Nigeria is currently not supported by Coinbase, meaning Nigerian users are unable to access the exchange. However, anyone can use Coinbase Wallet which enables the sending and receiving of cryptocurrencies. You just won’t be able to buy, sell, or convert from one crypto to another on Coinbase.

How do I withdraw money from Coinbase in Nigeria?

How do I sell or “cash out” my digital currency?

  1. Select the Trade button.
  2. Select Sell.
  3. Select the crypto you want to sell and have it sell to your fiat wallet.
  4. Then select your fiat wallet and select Withdraw.

Which Bitcoin wallet is best in Nigeria?

5 Most Trusted & Secured Bitcoin Wallet To Store Bitcoins In…

  1. Coinbase. Coinbase is one of the easiest ways to buy, sell and hold cryptocurrencies such as Bitcoin, Ethereum and Litecoin. …
  2. Blockchain Wallet. Blockchain claims to be the world’s most popular digital wallet for storing Bitcoin and Ether. …
  3. Trezor Wallet. …
  4. Exodus. …
  5. Luno Wallet.
IT IS INTERESTING:  Can you buy Bitcoin with Visa gift cards?

6 нояб. 2018 г.

How much can I use to start Bitcoin in Nigeria?

You can start investing in Bitcoin with as low as N50 and can fund your account with either your debit or via bank transfer.

How do I create a Coinbase account in Nigeria?

Setting up an Exchange account to change fiat into crypto

  1. Go to https://www.coinbase.com/ and click “Signup” at the top right-hand corner of the page. …
  2. A verification link is sent via email. …
  3. Set up your account. …
  4. Enter local phone number. …
  5. Select payment method.

26 авг. 2017 г.

Why can’t I withdraw my money from Coinbase?

Coinbase only allows you to sell directly into your Coinbase fiat wallet. However, there is no limit on the amount you can sell to your wallet. After selling to your Coinbase fiat wallet, you can opt to either withdraw funds to your US bank account or repurchase cryptocurrency on the platform.

What is Coinbase withdrawal limit?

Coinbase Pro account holders have a daily withdrawal limit of $25,000/day. This amount applies across all currencies (for example, you can withdraw up to $25,000 worth of ETH per day).

Is Bitcoin allowed in Nigeria?

As of 17 January 2017, The Central Bank of Nigeria (CBN) has passed a circular to inform all Nigerian banks that bank transactions in bitcoin and other virtual currencies have been banned in Nigeria.

Why is Coinbase not working in Nigeria?

Nigeria is currently not supported by Coinbase, meaning Nigerian users are unable to access the exchange. However, anyone can use Coinbase Wallet which enables the sending and receiving of cryptocurrencies. You just won’t be able to buy, sell, or convert from one crypto to another on Coinbase.

IT IS INTERESTING:  Quick Answer: Is it possible to cancel a Bitcoin transaction?

How do I cash out Bitcoin in Nigeria?

Tap on “Wallet” for di bottom bar. Select choose a currency and select “Withdraw”. Put di amount you want to withdraw and your bank account number and tap “Next”. Check di information and confirm.

Can I buy Bitcoin of 5000 naira?

5000 Nigerian Naira is 0.000276 Bitcoin.

So, you’ve converted 5000 Nigerian Naira to 0.000276 Bitcoin. We used 18121200 International Currency Exchange Rate. … You can convert Nigerian Naira to other currencies from the drop down list. Selling 5000 Nigerian Naira you get 0.000276 Bitcoin at 11.

Where can I sell my bitcoin in Nigeria?

Sell Bitcoin in Nigeria

  • rayshy. Trades 427 | Rating 97% Trades 427 | Rating 97% …
  • mayor6ix. Trades 179 | Rating 97% Trades 179 | Rating 97% …
  • shamscrypto. Trades 99 | Rating 100% Trades 99 | Rating 100% …
  • queenbtc. Trades 8874 | Rating 97% Trades 8874 | Rating 97% …
  • QU. quickpaycoy. Trades 9353 | Rating 98% …
  • HE. heixiu6666. …
  • TI. timinemcv. …
  • TI. timinemcv.

How can I sell my bitcoin in Nigeria?

How To Buy Or Sell Bitcoins In Nigeria

  1. Register And Verify Your ID. Sign up and go through a very simple and interactive identity verification process and start trading immidiately!
  2. Create Order. Login to your NairaEx account, click on create new order. …
  3. Get Funded! Processing time is instant and automated 24/7.

Can I have 2 Coinbase accounts?

You take any action that Coinbase deems as circumventing Coinbase’s controls, including, but not limited to, opening multiple Coinbase Accounts or abusing promotions which Coinbase may offer from time to time.

IT IS INTERESTING:  Can I withdraw money from my Bitcoin account?

What is needed for Coinbase account?

How to open a Coinbase Pro account

  • Go here to sign up.
  • Specify your account details, including your name and email address. …
  • After verifying your email address, you’ll be prompted to enter your phone number. …
  • Depending which region you’re in, you’ll be asked to provide your name, date of birth, address, intent, source of funds, occupation, and employer.

Can I use Binance in Nigeria?

Binance has added cash transfer as a payment option when buying crypto on the platform for all users in Nigeria. You can now buy Bitcoin or other digital currencies on Binance P2P with your NGN fiat balance easily. NGN cash transfer is instant and secure and happens within the Binance ecosystem.

Private trader