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While it already had some usage in nigeria, it became mainstream from 2016 due to the wild popularity a.
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Sell your btc to verified vendors for naira(ngn) using different popular payments like cash deposit, cash in person, bank transfer, etc. There are many bitcoin exchanges and brokers you can sell your bitcoin in nigeria, but. There are several exchanges in nigeria where you can sell bitcoin at the snap of a finger. A premium on bitcoin has emerged in nigeria and argentina, with the according to gina pieters, a professor of economics and the university of chicago who published a paper on how bitcoin nigeria is also an inflationary country, and citizens have been turning to bitcoin to weather value drops in naira. If you want to convert your bitcoins back to normal money you'll need to do the following that's how to sell bitcoins in a nutshell.
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How much are you willing to pay in fees?
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Awosika ayodeji, a nigerian blockchain. With more and more technologically advanced systems in place, nigerians are beginning to gain the trust of cryptocurrency. It is one of the hundreds of available digital assets how can i buy bitcoin in nigeria? Depositing naira in your wallet. Without much ado, let head straight into discussing how to sell bitcoin for cash already.
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Regarding what can you do with bitcoin in nigeria, a couple use cases are:
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