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Ndic, which is the nigeria deposit insurance corporation has just placed an explicit warning to nigerians to steer off the popular and the fast rising bitcoin trading and its relations as it is not yet authorized in the country by the central bank of nigeria and isn't backed up by any law in the.
Cryptocurrency in nigeria is one of the major offshoots of the technology wave that has changed the nigerian business landscape. Nigerian traders have always been major participants in bitcoin and cryptocurrency trading. Although bitcoin and cryptocurrencies aren't considered as legal tender in the federal republic of nigeria by the central bank of nigeria, the nigerian people are completely free to buy, sell, and trade bitcoin and cryptocurrencies. Are cryptocurrencies recognized in nigeria? How to trade (buy & sell) cryptocurrency on bittrex.com 2018. It started with a few paragraphs reminding him of the central bank of nigeria's directive that banks should stop enabling cryptocurrency transactions. Is bitcoin legal in nigeria? For example, /r/cryptocurrency is a good place to discuss all cryptocurrencies. Is bitcoin legal in nigeria? And if you have a low appetite for risk, you probably want to be sure that forex trading is legal in nigeria. Bitcoin remains by far the most famous. Every site listed in our top 10 nigerians online crypto exchanges will allow you to buy and sell cryptos. Over and above that, bita's whatsapp group is where you get to relate with other traders.