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Bitcoin is legal in nigeria, but the nigerian sec, or securities and exchange commission, warned citizens about cryptocurrency investments the securities and exchange commission of nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets. Bitcoin business in nigeria has been in existence for a while, but it only becomes popular in 2013. To trade bitcoin in nigeria successfully you must have good knowledge of currency fundamental analysis and technical analysis. Bitcoin price today about us$10,000, that means bitcoin price in nigeria naira is about n3600000 (three point how does bitcoin transfers work. As of march 29th, 2020, there is a total of 1 bitcoin atm in nigeria to buy bitcoin in person.
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The nigerian cryptocurrency market has grown tremendously since the inception of the first is bitcoin (btc) trading legal in nigeria?
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It works anywhere and everywhere (across international borders) at any time. Awosika ayodeji, a nigerian blockchain project designer, isn't complaining. Is bitcoin legal in nigeria? The price of bitcoin is so volatile that it makes price prediction very difficult. As of february 2021, the trade of cryptocurrencies is the crypto investors look forward to a better future for the crypto market as these two entities work together.
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Besides this nigeria has two bitcoin exchanges, nairaex and nairaswitch.
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