Know How to Sell Bitcoin to Make Profits
2 mins read
Travel / Lifestyle Dec 21, 2022
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Do you want to sell Bitcoin in Nigeria and get instant cash? If you’re unsure where or how to start, then this guide is for you. You can also find tips to help you make informed choices on where to trade and earn instant cash safely and quickly.

What are the options?

You can sell Bitcoin via direct peer-to-peer (P2) onsite or online, Bitcoin ATMs, online cryptocurrency exchange platforms, and trading apps.

Cryptocurrency exchanges

A crypto exchange platform offers a one-stop solution for trading Bitcoin. However, you should know that it functions as an intermediary that holds both the buyer’s and seller’s funds. Proceed at your own risk and use a dependable and trustworthy service. Think about the exchange restrictions and availability in your country.

Direct P2P

Another way to sell Bitcoin in Nigeria is by trading directly with another person. Many specialised platforms exist to facilitate direct trades online, but make sure they are secure and look out for any hidden fees.

Bitcoin ATMs

A Bitcoin ATM resembles a regular cash machine, but instead of connecting to your bank account, it connects to the internet for transactions. It lets you scan the wallet QR code to sell Bitcoin. However, this type of ATM can be very rare in Africa. So far, there is only one machine in Nigeria.

Bitcoin trading apps

You can also find an app that lets you sell Bitcoin in Nigeria with just a few taps on your smartphone or tablet. It’s the most convenient way to sell and get money instantly in your account. You could even check up-to-date rates to compare them on the spot. Be sure to download only from official sources, like Play Store and the App Store. Moreover, check that there is a dependable customer support team you can contact via live chat.

You can sell your gift cards for Bitcoin using the Quchange app. You will be paid instantly to your provided bitcoin wallet address as soon as your card is confirmed. Download it today!

Darafunmi Ola