NairaEx Blog Providing latest news and announcements related to the NairaEx website as well as the general cryptocurrency in Nigeria.

CategoryEducation

Bitcoin, the Economy, and the Coronavirus

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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 Incoming Bitcoin Halving

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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...

Ways to Store Your Cryptocurrency

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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...

Cryptocurrency and Economics: What to Do When an Economy Fails

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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...

What is the Best Bitcoin Alternative? – Our Best Altcoin Picks

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What is the best Bitcoin alternative? Is there even another cryptocurrency worth investing in? Many Nigerians can no longer afford to invest in a whole Bitcoin. The race is, therefore, on in Nigeria to identify the best altcoins to invest in ready for 2020. Here at NairaEX, we can’t say for certain what these coins are. However, we do have five favorites. What is the Best Bitcoin Alternative? No...

How to Get Bitcoins in Nigeria and How to Store BTC Safely

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Bitcoin is taking Nigeria by storm. If you are looking at how to get Bitcoins in Nigeria, you likely want to become part of the Bitcoin revolution yourself. Here, we’ll, therefore, look at how to fund a Bitcoin wallet and start investing. How to Get Bitcoins in Nigeria – A Beginners Guide How to get started with Bitcoin is simple. All new investors need to do is decide how much Bitcoin to...

Buying Bitcoin – NairaEx Vs Peer to Peer Cryptocurrency Exchanges

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Difference between NairaEx and other site in Nigeria

More Nigerians are buying Bitcoin than ever previously. This is a trend mirrored across Africa. Peer to peer cryptocurrency exchange Paxful has recently reported 20% growth among African users. However, for Nigerians looking for the best Bitcoin to Naira prices, peer to peer exchanges are rarely the best option. NairaEx Vs Peer to Peer Exchanges At present, Nigerians commonly use peer to peer...

How to Build a Cryptocurrency Portfolio in Nigeria

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cryptocurrency portfolio

This week we take a look at investing in cryptocurrency and building the right cryptocurrency portfolio. This involves picking the right coins from a list of over 2,000 coins and tokens available on the crypto market. Basic Rules While making a choice of what cryptocurrency to add to your holding portfolio, it is important to note these: A basic crypto rule advises that at least 30% of your...

How to invest and Make money with Bitcoin in Nigeria

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Are you on a hustle trying to find your way of making money using digital assets but stranded? Worry no more; this article will explain the possible means that you as an investor, trader or holder of Bitcoin can make either active or passive income at the comfort of your home especially in Nigeria. Before revealing the reliable methods that can make you a millionaire over a short period, allow me...

NairaEx Blog Providing latest news and announcements related to the NairaEx website as well as the general cryptocurrency in Nigeria.