Owning cryptocurrencies is one of the best decisions anyone can make. As a Nigerian, this statement holds more weight as technology offers boundless opportunities for economic freedom. Cryptocurrency has made it easier to carry out transactions and other activities. It radically changes how one can live their lives. It is important that one is aware of the different factors that can enhance their...
The rate of innovation in the cryptocurrency space gives both newcomers and veterans in the sector more opportunities to benefit from superior customer experiences. Unlike when cryptocurrencies were first introduced, the competition is stiffer among cryptocurrency firms. Crypto Tracker Crypto Tracker may seem simple at a glance but it is incredibly powerful. It gives you access to the prices of...
1. Nigeria Will Face a Recession in the Future Most developing economies like Nigeria expect their economies to go into a downturn in the coming months. The nation is still gasping for breath after being beaten severely by a 2016 economic recession. The nation’s pace of recovery has been slow, despite achieving a milestone: 2.55% gross domestic product (GDP). History has shown that bitcoin can be...
You’ve probably received numerous emails about the impact of COVID-19 over the past couple of weeks. As Nigeria imposes lockdown in cities to curb the coronavirus, we feel it is important to update you on what is happening at NairaEx as we know this unexpected event raises many questions. As always, we are open for business. NairaEx is a digital-based Bitcoin company, hence we are always ready to...
Price Retracements as Markets Face the Coronavirus Woes Price retracements have been witnessed in numerous sectors, including the cryptocurrency markets. Sliding bitcoin prices pose questions as to whether the cryptocurrency is really a safe-haven commodity. As a consequence of many factors, like the coronavirus, the economies have encountered major obstacles to the sustainability of their...
The Bitcoin halving is approaching. Bitcoin halvings are scheduled to take place once every 210,000 blocks (every four years)- until the maximum supply of 21 million bitcoins has been made by the network. Bitcoin halvings will continue to take place until all Bitcoin is supplied. The Halving Effect Source: Fintechna When the halving occurs, the mining rewards for BTC, BCH, and BSV will be reduced...
The NairaEx Referral Program will end on March 1, 2020. Customers will have until the end of the year to withdraw their referral earnings that meet the minimum withdrawal amount. After the grace period, all the balances will be cleared
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NairaEx has been protecting and growing the wealth of Nigerians and other global citizens since its inception in 2015. Over the years, the cryptocurrency exchange has experienced exponential increases in its user base as word spreads of its money-saving services. As an exchange of cryptocurrency, NairaEx has helped to reduce the costs of making international transfers. Yet, despite its continued...
Ways to Store Your Cryptocurrency There are many popular ways to buy bitcoin and other cryptocurrency. The list is endless. It is important to make sure you do background research on the ways your crypto can be stored. As the demand for and popularity of cryptocurrencies increases, it becomes increasingly important to ensure your holdings are as safe as possible. Store Your Bitcoin Safely There...
Cryptocurrencies are underrated. Since the creation of Bitcoin, millions of people around the world and even billions have been offered new choices. These choices represent freedom not only financially but from the inner conflicts which many economies have faced. Pesos, Bitcoin, and War Venezuela serves as an example of how cryptocurrency can provide a lifeline from economic turmoil in a nation...