NairaEx put smiles on the faces of more Nigerians after announcing a 1,000 giveaway on Tuesday 11 August. The cryptocurrency exchange encouraged readers to check the jackpot tab for more details on the giveaway. NairaEx Announces Giveaway Times have certainly not been easy for many Nigerians. Thankfully, on Tuesday 11 August, Nigeria’s leading cryptocurrency exchange, NairaEx helped brighten the...
“You know what my problem with man is? For everything that has the potential to become beautiful, man can turn it into something ugly.” – RR The above quote echoes the current sentiment around the cryptocurrency industry, as more schemes using Bitcoin as payment methods continue to rise. While this is alarming, what is more, worrisome is the gullibility of the victims of these...
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...
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...
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...
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...