NairaEx Blog

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

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Myths and Truths With NairaEx


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


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


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


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...

Announcing new payment method FOR BUY ORDER


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...

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


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...

NairaEx / Bitcoin.NG NewsLetter – October Review


In an eventful month for the cryptocurrency market, October 25 saw Bitcoin price surge by 42% in 24 hours; its highest single-day rally since 2011. The price pump saw the number 1 cryptocurrency, move from $7,400 per Btc to $10,400 within a few hours; setting the tone for a bullish scenario. Although a retracement to below $10,000 ensued, traders and investors sure had taken profits; with many of...

NairaEx Monthly NewsLetter – August 2019 RoundUp


Welcome to the NairaEx/ monthly newsletter. Here we refresh all crypto activities from the past month and projections for the new month. Stay tuned The month of August played sideways for the cryptocurrency community. While there major events and announcements, the market and price movement did not grow significantly as Bitcoin (BTC) closed the month below the $10,000 support; just as...

Buying Bitcoin – NairaEx Vs Peer to Peer Cryptocurrency Exchanges

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...

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