As the month of September comes to a close, Nigeria’s Security and Exchange Commission(SEC) recognizes cryptocurrencies as securities while the Bitcoin network passes 18,500,000 incirculation and a Canadian software firm put 40% of its cash reserves into Bitcoin. Nigeria Securities and Exchange Commission Regulates Cryptocurrency Nigeria’s Securities and Exchange Commission (SEC) in a landmark...
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...
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...
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...