4 rows · Learn to trade Bitcoin in Nigeria in 5 easy Steps. Also, see the Best Bitcoin Trading. Best bitcoin trading platform in nigeria malaysia. The broker nonetheless offers exactly what it promises—truly free trades and over 5, equities to choose from. best bitcoin trading platform in nigeria Malaysia Here, traders can set their own target levels payouts adjust accordingly. Which brokers are safe to trade online with in Nigeria? Compare the best online brokers for trading forex, cryptocurrencies, stocks, commodities & indices that also accept traders from Nigeria and also offer islamic accounts. This up-to-date comparison was last updated in December
Best bitcoin trading platform in nigeria6 Best Bitcoin Brokers in Nigeria - Bitcoin Trading platforms compared
You may find CoinMarketCap's ranking of exchanges by overall liquidity useful when deciding where to take your business. In addition to Binance - whose offerings tailored to Nigerian customers we went through above - some good choices of exchange are Kraken , Bitfinex , and Coinbase Pro. All of these exchanges will provide you with a customizable trading interface, complete with all the tools and indicators you could need to maximize your chances of trading profitably.
We've compiled a list of the best Bitcoin exchanges in Nigeria, from locally-operated exchanges to worldwide market leaders with especially good offerings for Nigerian users. NairaEX touts itself as "Nigeria's Premier Bitcoin Exchange" and it is indeed the only Nigeria-based exchange currently open for trading.
There are no additional trading fees for buying or selling on NairaEX. Instead, fees are baked into the price of the asset. You can see the current spread on NairaEX's homepage. One major benefit of NairaEX's setup is that it is a non-custodial exchange. This means that your assets are not held in a centralized wallet, which are prone to hacks, but instead are sent directly to your own wallet once the transaction has been processed.
Their official blog has a helpful post outlining the differences between Bitcoin and Perfect Money for those unfamiliar with both e-currencies. Luno was originally launched as BitX in and since then it has grown to be a player in some niche markets around the world. Deriving most of its volume from South Africa, Luno is also popular in Nigeria and has recently expanded to service Bitcoiners in Uganda too. Add to this list Europe, Indonesia, and Malaysia, and you've got yourself an exchange worth considering.
Luno aims to provide a competing service to Coinbase , and has made its offerings available in many countries not served by the larger exchange. Since our original in-depth review of Luno , they've added support for Litecoin , which along with Bitcoin, Ethereum, and XRP are available for trading. Notably, Luno allows you to purchase crypto using a credit card. You can deposit and withdraw directly to a bank account. Luno also offers Paystack and PayU deposits for Nigerian customers. These fees are very competitive compared to other exchanges.
This puts it in rd place out of in Nomics' review of exchanges by liquidity and transparency. Luno boasts a clean trading interface in the same style as most, meaning you shouldn't have much trouble switching over from a different exchange. You can trade on the Luno app, which is available for iOS and Android.
More advanced features include API integration for automated trading, liquidity depth indicators, and the ability to export your trade history in a. Local Bitcoins is a great option for buying and selling Bitcoin in Nigeria using a variety of payment methods.
Once a deal is opened, the seller will fund the escrow wallet with the Bitcoin to be bought. The buyer will transfer the money and once the seller confirms receipt they will release the BTC. Should there be any disagreement, the BTC will stay locked in escrow until a solution is found, which may require LocalBitcoins stepping in to act as mediators.
Recently, Binance has been greatly expanding its support for Nigerian users. These events are run by local experts and aim to educate and raise awareness about Bitcoin and blockchain. Complementing its education program, Binance has also made it easier than ever for Nigerians to buy, sell, and trade crypto on its platform.
You can now deposit NGN directly into your Binance account using a credit or debit card, following a partnership with Flutterwave. In Sub-Saharan Africa, about 95 million people remain unbanked while many regions in the area, including Nigeria, have embraced new technologies with an increasing amount of innovation. Working with Flutterwave will help bridge the fiat-to-cryptocurrency gap and we hope to stimulate more financial inclusion as Africa demonstrates strong potential in leading crypto adoption.
In addition to allowing users to buy Bitcoin with a debit or credit card, Binance also has a peer-to-peer P2P marketplace, similar to Paxful or LocalBitcoins. The price you see is the price you get. Binance has a useful support guide for P2P trading here.
Binance's strong advocacy programs and the fact that it makes an effort to cater to under-served users who can most benefit from Bitcoin means that the exchange stands out from the pack. The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use.
Atomic wallet is a multicurrency mobile wallet with a beautiful interface and easy to use features. Electrum is a Bitcoin-only wallet that has been around since It's easy to use, but has advanced features. We also have a chart displaying the price of Bitcoin in grams and ounces of gold. Alternatively, if you use a portfolio tracker such as Delta or Blockfolio, you can set the reference currency as the Nigerian Naira NGN and get an accurate price of Bitcoin and all 10, supported assets in your currency of choosing.
Nigeria is currently not supported by Coinbase, meaning Nigerian users are unable to access the exchange. One of the reasons why this broker has grown so popular is because it accepts traders from every nook and cranny, including the USA and Canada. Its limitation is that it only offers binary options trading. Read Review Visit Site. Deriv is one of the Oldest and most reputable Binary Options company. It was launched in as Binary. Its rebranding is to show that is has gone beyond binary options to offer more smart options trading form including;.
Deriv as you can see has been in the game for over 20 year, it has over 1. It is regulated by multiple agencies in the UK since making it one of the safest platforms to trade on. All you need do is to open an Ethereum wallet on the spectre platform fund it and trade directly from your wallet.
Since its your wallet, it means that only you have access to the fund in it, even the spectre team cannot access your wallet. You can withdraw this instantly any time you want. In my opinion, Spectre is the safest Platform since only you have access to your funds. IQ Options is an all-inclusive trading platform that has in recent years dominated the market, especially in Europe. This platform at its inception started by offering Binary options Services.
However, to withdraw your earnings you need to open a real account and fund it. The problem you might witness when using Iq options is that the web browser-based trading room might take a long time to load especially if your internet connection is slow.
However, it is very efficient once it has loaded. The User Interface is simple and straight to the point. Let me rephrase; Expertoption User interface is among the best I have seen; it is as good if not better than iq options user interface. But unlike iq options, expert options browser-based trading room loads fast. You can open 2 trades at once and navigate through them seamlessly without losing sight of any of them.
The downside to expert option is that it does not have a wide range of trading time. Its trading times are 1 minute, 2 minutes, 3 minutes, 4 minutes and 5 minutes. This is unlike most digital options brokers that have a trading time from as little as 5 seconds to as high as 24hours. So I suggest you create a WebMoney account. The company was established in and has ever since risen to become one of the fastest-growing trading platforms in the world.
Trading here is seamless and lucrative, Olymp Trade does not only offer you a chance to earn but will also teach how to. This is made possible by a team of world-class analysts. Its users are constantly growing every day with over , traders and up to 35,, trades closed every month. I found it very impressive that the broker is registered under the International Financial Commission FinaCom.
FinaCom guarantees monetary compensation of up to 20, Euros to any trader who has been unfairly treated by Olymp. The fund in the demo account cannot be withdrawn. Once you are contented with the outcome, you can then fund your account with real money to proceed. All the platform listed above are top notch; they have a solid interface, very responsive and friendly customer support and easy deposit and withdrawal methods.
Age :- Deriv is over 20 years which is more than 2 times the ages of other options platform in this list meaning it has stood the test of time when compared with the rest. Safety: All the exchange in the list have proven to be safe, secure and reputable however Spectre took it up a notch as the only option platform that lets you handle your fund.
So like I said, it all depends on you. You can create an account with all of them, try them out to know the one that suit you best. I will start with Pocket Option though. Which of the Companies do you think should be added or removed from this list of top 7 binary options platform in Nigeria? PS: If you want to learn how to trade cryptocurrencies profitably, then I suggest you enrol for our cryptocurrency mastery academy.
Our students are already making daily profit by applying the strategies they learnt from the academy. Goto www. Trading Binary Options carries a high level because you cannot really predict the direction of the market this can work both to your advantage and disadvantage. As a result, Binary Options may not be suitable for all investors because it is possible to lose all of your invested capital.
You should never invest money that you cannot afford to lose. Before trading, please ensure to understand the risks involved. Good day, are all this platform you mention run on Android phone and am finding it difficult to register on webmoney. Hello thank you for taking time to analyze this trading companies. I will also go for derived since they have been in existence for 20 years that means they have stood the test time And will give a trial to your most preferred pocket option and see for my self may it will be favorable for me Olymp trade i feel there is something phishing about them,i traded with them ,my demo was good but but immediate they trap my mind that i was doing well in there demo ,i funded but the trades turn out negative.
You must not create a wallet on spectre. Which binary option is good for Nigerians nd i can withdraw my money with no stress of withdrawal just direct to my card or bank account plz i need to know Tnk u. IQ options Deriv. Hello Jude I love your info it has been helpful to me, please I need your help, my web money transfer to expert option did not go through because I was told to insart password and I never registers the wallet with any password can you advice me on what to do.