Bitcoin has been known to be a digital currency that provides and still provide an alternative payment system in different parts of the world. It is also important to know that Bitcoin can be exchanged for cash and there are a lot of cryptocurrency exchanges platform online where this can be done.
For individuals who have developed interest in trading, a mobile crytocurrency application is essential and the applications on the market are open for 24hours, therefore as a trader you can utilize this period properly for effective buying and selling.. Below are the best and secure Bitcoin exchange apps in Nigeria:
1. Binance: this application is very ideal for beginners trading Bitcoin, because it is simple and easy to make use of. On this application the number of people you can trade with are over a hundred and it permits you to see and manage your portfolios and also give you a wide choice to trade even with the least crytocurrency.
2. Luno: this application is not only for crypto exchange but it also has a wallet system for storing Bitcoin. It has a simple and easy user interface and permits traders to buy and sell Bitcoin at Zero transaction fee. On this platform, you can as well link your bank account with your Luno app for instant withdrawal or deposit.
3. Breet: this is an automated Bitcoin system that permits you to sell your Bitcoin and exchange for Naira in a secure and safe way. A Breet user is required to have a unique wallet address and can thereafter send your Bitcoin to your wallet address whenever you wish to sell it. This application is available on the Google play store for Android users and the Apple store for the IOS users.
4. CoinBase Pro: this application is also suitable for beginners because it is easy to use and can be used by traders who want the information and tools they need for anywhere. This application is likewise available on the Google app store for the Android user and on the Apple store for IOS users.
5. KuCoin: this is a secure application which is easy to use because it has an easy to navigate interface and offers basic services such as buying and selling of crypto, deposit and withdrawal. It is not only for trading Bitcoin but also for the trade of other cryptocurrencies that also provides traders with the opportunity to set price alert so that when interesting deals are available, they would be informed.
6. Prestmit: this application is available for both mobile and web users. On the Prestmit transactions are automated whereby crypto received to the user’s wallet is automatically credited without having to do it manually. It does not only support Bitcoin but also support other cryptocurrencies including the Dogecoins, Litecoins and some others. This platform has an autonomous transaction process which makes it very easy for traders to exchange their cryptocurrency.
7. Quidax: this application permit traders to buy or sell Bitcoin with their local currency instantly with the help of order book exchange or instant buy or sell feature.
8. Paxful: this application permits buyers and sellers to meet online to buy Bitcoin, allows wide range of payment method and purchase options that can be found on traditional exchanges. It offers traders with the opportunity to buy Bitcoin and pay with any desired method. On Paxful purchase of Bitcoin via this channel does not attract any charge however, different sellers may charge a fee. It is important to note that on this website in cases of challenges there is a 24/7 customer support service to attend to enquiries and complaint.
9. BuyCoins: this application allows user to trade cryptocurrencies such as Bitcoin and it brings buyers and sellers together then act as the intermediary by providing a system for safe trading and on this application, you would not need to use external wallets to complete transactions.
In selecting a Bitcoin application, it is necessary you consider the type of transaction you want to carry out at a particular time and the security of the application to use because several fraudulent activities has been recorded over time and currently still going on.