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

CategoryAnnouncements

Public Warning on Ethereum Million Money Scam

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Million Money is a new fraudulent scheme, operating under the pretense of a legitimate Ethereum blockchain project. The scheme has gained more popularity since it sprung up in 2019. False Representations of Million Money Million Money is an attempt to mimic traditional blockchain applications on Ethereum. It purports to use a smart contract that automates secure and automatic payments. The...

COVID-19 — A note to our community

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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...

Announcing new payment method FOR BUY ORDER

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NairaEx is excited to announce a new payment method for customers making payment for a buy order. We can now process bank transfer instantly with fully automated reconciliation and settlement. Through Monnify payment, customers can pay for buy orders by using their Internet/Mobile/USSD Banking platform to initiate an instant bank transfer to the one-time-use bank account generated for your buy...

Buy and Sell Bitcoin Instantly In Nigeria

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We’re announcing the introduction of instant buy and sell of bitcoin in Nigeria at NairaEx. No more long processing hours for orders to be completed, the operation is fully automated. With this feature, NairaEx customers will receive immediate credit of Bitcoin after completing the payment for their buy order and immediate credit for sell order after the bitcoin has been confirmed on the...

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