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How to Invest in Bitcoin in Nigeria

How to Invest in Bitcoin in Nigeria revealed. We tested the best way to buy Bitcoin in Nigeria for Nigerian Traders.

This is a complete guide to investing in Bitcoin in Nigeria.

In this in-depth guide you’ll learn:

  • What is Bitcoin?
  • How does Bitcoin work in Nigeria?
  • How much is Bitcoin worth in Nigerian Naira?
  • How to Buy Bitcoin as a Beginner Trader?
  • Which brokers offer a sign-up bonus for first-time crypto traders in Nigeria? 
  • Which brokers offer a low minimum deposit to buy Bitcoin of $5 (3 014 NGN)


And lots more…

So if you’re ready to go “all in” with the best-tested way to buy Bitcoin in Nigeria…

Let’s dive right in…

Updated : October 25, 2022

Why should Nigerians invest in Bitcoin in 2023?

Buying Bitcoin through a Bitcoin Exchange

👉 Extreme price swings characterize Bitcoin’s market. So, make sure you know what you are getting into and have a plan before putting your money into cryptocurrency if you are prepared to accept the risk. Similarly, you should not put money down just because you are afraid of missing out.

 

👉 Despite the potential downsides, the blockchain sector and cryptocurrency markets are thriving. As a result, more investors have access to institutional-level custody services as much-needed financial infrastructure is developed.

 

👉 Both professional and private investors are rapidly gaining access to the resources they need to control and protect their crypto holdings. But, when looking at the bigger picture, Bitcoin’s price has increased over time.

 

👉 Anyone who acquired Bitcoin in the past and has held on to it has made a profit. With an ROI of 100,000,000% over the last decade, investing in Bitcoin seems like a suitable investment.

 

👉 Maximizing returns and making money from the market’s high volatility is difficult because of the difficulty of knowing when to purchase and sell. As a result, a significant decline in Bitcoin’s value is possible, as 2023 demonstrated.

 

👉 However, previous market downturns have always been followed by a recovery, so we know this time will be no different. Therefore, hold for the long haul (HODL) investors see 2023 as a buying opportunity in a market that will reach $1 million.

 

👉 Whether or if it occurs is another matter, but at present, there seems to be no reason we should not see yet another dramatic upwards swing.

How does Bitcoin work?

Trading Bitcoin via a CFD Broker

👉 Bitcoin, sometimes referred to as a cryptocurrency, virtual currency, or digital currency, is a purely virtual form of currency or computer-based currency. Bitcoin can be used to purchase goods and services, but few stores accept it, and several nations have outright outlawed it.

 

👉 Nonetheless, some businesses are starting to acknowledge its rising significance. Each Bitcoin is a computer file saved in a “digital wallet” program on a computer or smartphone.

 

👉 People may transfer Bitcoins (or a fraction of a Bitcoin) to your digital wallet, and you can send Bitcoins to other individuals. Every transaction is recorded on a public ledger known as the blockchain.

 

👉 This makes it easy to track the history of Bitcoins to prevent individuals from spending coins they do not own, duplicating transactions, or undoing transactions.

 

👉 Bitcoin may be traded for cash just as any other asset can. There are multiple online cryptocurrency exchanges where this is possible, but transactions can also be conducted in person or via any communication network, enabling even small enterprises to accept Bitcoin.

 

👉 Bitcoin has no formal method for exchanging it for other money. Bitcoin was established to facilitate the transfer of funds via the internet.

 

👉 The purpose of the digital currency was to establish an alternate payment system that would run independently of a central authority but would otherwise function similarly to existing currencies.

How can Nigerians Invest in Bitcoin?

👉 Investing in Bitcoin requires a high learning curve due to its complexity. Moreover, since it is a very risky and unpredictable investment, many people are understandably sceptical about it.

 

👉 However, there are still methods to invest, although in a roundabout fashion, for Nigerians who are interested in Bitcoin but do not want to acquire and store coins.

Buy Shares in Bitcoin-related companies

Best Exchanges in Nigeria to Buy and Sell Bitcoin

👉 As cryptocurrency gains popularity and investor interest, the markets are closely watched. More so than stocks, cryptocurrency prices may swing wildly, although this is not always negative.

 

👉 Due to the young age of the crypto market (just over a decade), wild price fluctuations are par for the course. While this volatility concerns some investors, it should not discourage anybody from purchasing digital assets.

 

👉 You do not have to buy a specific cryptocurrency or token to participate in the exciting new investing possibility.

 

👉 To diversify your portfolio, you could purchase stocks of companies that directly invest in crypto assets, seek to improve the blockchain network’s efficiency, or are somehow involved in the crypto market.

 

👉 In the autumn of 2021, the total value of the cryptocurrency market hit $3 trillion. Early cryptocurrency investors were extraordinarily wealthy because of the market’s abrupt price explosion and rapid development.

 

👉 Therefore, there is great pressure to identify and capitalize on the next big cryptocurrency.

 

Coinbase Global

👉 When it went public in April of 2021, Coinbase Global was already established as a premier platform for buying and selling digital currencies. Users may trade over 160 other altcoins on the site in addition to the big cryptocurrencies like Bitcoin, Ethereum, and Cardano.

 

👉 The rise in cryptocurrency values has attracted tens of millions of new customers to the Coinbase platform and has been crucial to the business’s success. Every time an order is placed to purchase or sell Bitcoin, Coinbase receives a small transaction fee.

 

👉 However, the business hopes to become more than simply a marketplace. In addition to releasing a cloud platform for businesses to use and store digital currencies, it also supports a debit card that customers may use to withdraw funds from their digital wallets.

 

Canaan and Hut 8 Mining

👉 Over the last several years, the Bitcoin mining process has undergone many significant changes. Companies like Canaan now create application-specific integrated circuit (ASIC) devices that brute-force estimate the right network hash (passcode).

 

👉 Hut 8 Mining is a stock that has had a lot of success as a Bitcoin miner. The Canada-based firm produces extremely high cash flows relative to sales and has a large minority share in the Bitcoin network overall.

 

👉 Hut 8 Mining does not immediately resell the Bitcoin it mines but instead lends them out and farms the yields, resulting in compounding profits for the company’s investors. In addition, the corporation will not be involved in any environmental scandals so that shareholders can rest easily.

 

👉 Electricity for Hut 8 Mining comes from various renewable sources, including long-term leases on wind and solar farms and a natural gas plant.

 

Block and PayPal

👉 The lack of a single, centralized intermediary is the backbone of any digital payment methodology (and, therefore, lower costs for businesses and consumers).

 

👉 To that end, Block and PayPal saw lucrative market potential in developing tools for cryptocurrency buying, selling, and storage inside a digital wallet. As a result, Block’s Cash App, a consumer-facing program, introduced Bitcoin trading in late 2017.

 

👉 Even though the trading function contributed nothing to Block’s bottom line, Bitcoin was a major source of income for the firm in 2020 and 2021.

 

👉 In early 2021, PayPal’s Venmo digital wallet and peer-to-peer payments app enabled crypto trading, providing users access to various basic banking services and mass-market crypto-trading tools.

 

👉 Upon release, Venmo allowed for the purchase and sale of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.

 

NVIDIA and AMD

👉 Although they do not directly deal with crypto, Nvidia and AMD are the two semiconductor firms with the most experience in developing GPUs.

 

👉 In addition to its traditional use in high-end video game graphics, GPUs are increasingly widely used in data centers, AI, and the generation of crypto assets.

Invest in Companies involved in Blockchain Technologies

Buying Bitcoin from a Bitcoin ATM

👉 There has been a worldwide tidal wave of interest in blockchain technology. Bitcoin and Ethereum’s underlying blockchain technology, which records transactions in a digital ledger, has spread to every industry.

 

NVIDIA

👉 NVIDIA is a NASDAQ-traded American technology business that manufactures graphics processing units (GPUs) for applications like video gaming, cryptocurrency mining, and autonomous vehicles. In addition, GPUs from NVIDIA are often used to mine cryptocurrencies.

 

👉 Even though several currencies, like Ethereum, are shifting to a proof of stake model, which entails less crypto mining, experts are still positive about NVIDIA’s prospects because they are related to blockchain technology.

 

👉 For instance, the metaverse is one of the most current implementations of blockchain technology. As a result, there will be a spike in demand for the necessary technology and software to build and participate in virtual worlds as the number of individuals doing so continues to grow.

 

👉 NVIDIA is well positioned to profit from the widespread interest in blockchain technology and the expanding metaverse.

 

IBM

👉 Some individuals may have forgotten that International Business Machines (IBM). The stock was formerly considered the gold standard for technology investments, on par with Apple and Microsoft. However, it is attempting a rebrand and thinks blockchain technology can assist.

 

👉 IBM Blockchain was officially formed in 2017, and it is an organization that helps companies use blockchain technology via the provision of bespoke blockchain solutions. More than 500 enterprises across various industries are now working with IBM Blockchain.

 

MasterCard

👉 Clients can use their digital assets to make purchases from over 80 million merchants worldwide when they apply for a credit card with BitPay, Gemini, or CoinJar.

 

👉 In October last year, Mastercard partnered with Bakkt, a New York Stock Exchange-owned Intercontinental Exchange division.

 

👉 Subsequently, more merchants will be able to offer Mastercard’s cryptocurrency credit card, which relies on blockchain technology for transaction confirmation.

 

👉 Start Path is a blockchain incubator established by the payment processing firm, and it connects businesses with Mastercard’s resources (including its products, customers, seminars, and coaching).

 

👉 Mastercard cooperates with many blockchain networks, including Ethereum, Bitcoin, Avalanche, Terra, Bitcoin Cash, and others.

Buy Bitcoin ETFs

Bitcoin ETFs

👉 A Bitcoin ETF is an exchange-traded fund consisting of Bitcoin or assets correlated to the price of Bitcoin. They are not exchanged on a cryptocurrency exchange but a regular exchange.

 

👉 Theoretically, the corporation purchases Bitcoin, securitizes it, and then sells or trades it on an exchange. Unfortunately, despite repeated submissions, the SEC has been unreceptive. Hence, no cryptocurrency ETF exists that tracks a specific coin.

 

👉 Currently, the underlying assets included in Bitcoin exchange-traded funds (ETFs) are connected to Bitcoin futures contracts traded on the Chicago Mercantile Exchange.

 

👉 The idea of a Bitcoin ETF originated soon after market participants took note of the rising price of Bitcoin and the surging demand for the cryptocurrency. Moreover, there was a possibility to create returns via the purchase and sale of Bitcoin.

 

👉 As Bitcoin’s price surpassed several thousand dollars, retail and ordinary investors could no longer invest directly in Bitcoin.

 

Global X Blockchain ETF (BKCH)

👉 The Global X Blockchain Exchange Traded Fund (BKCH) is a passively managed exchange-traded fund that invests in firms that stand to gain from the widespread use of blockchain technology. This covers crypto mining businesses, crypto exchanges, and blockchain application development firms.

 

Siren Nasdaq NexGen Economy ETF (BLCN)

👉 The Siren Nasdaq NexGen Economy ETF (BLCN) debuted in January 2018 as a passively managed product. BLCN follows the Nasdaq Blockchain Economy Index, which consists of the stocks of firms that create blockchain technology or apply it within their own operations.

 

👉 BLCN provides a highly diversified portfolio of stocks prominent in the blockchain economy. The fund is presently invested in 63 equities, and none of the top 10 holdings represent more than 4% of net assets.

 

Bitwise Crypto Industry Innovators ETF (BITQ)

👉 The Bitwise Crypto Industry Innovators ETF (BITQ) is an exchange-traded fund with passive management that follows the performance of the Bitwise Crypto Innovators 30 Index.

 

👉 This index consists of 30 stocks of firms with a significant presence in cryptocurrency markets, such as cryptocurrency mining operations, mining equipment suppliers, and financial services providers.

 

👉 To qualify for inclusion in the Bitwise Crypto Innovators 30 Index, a firm must derive at least 75% of its income from cryptocurrency or hold 75% of its net assets in Bitcoin or another crypto asset.

 

👉 The index companies represent 85% of BITQ’s holdings. The remaining 15% comprises other large-cap firms indirectly engaged in crypto or possessing at least $100 million in Bitcoin, Ethereum, or another cryptocurrency asset.

Bitcoin Coin Trusts

Bitcoin Options

👉 Bitcoin investments may be complicated. It necessitates a thorough examination of the associated expenditures. The fees associated with Bitcoin storage may be large and, over time, can amount to a considerable amount of money.

 

👉 Costs related to security are added to this total to guarantee safety. The erratic price history of the cryptocurrency makes it difficult for investors to determine a good entry or exit strategy.

 

👉 By acquiring and holding Bitcoin or following Bitcoin index funds that hold the cryptocurrency, publicly listed investment trusts reduce these decision factors. Therefore, investors in these funds are not needed to consider custody fees.

 

👉 The price movement of these funds mirrors that of the underlying cryptocurrency, exposing investors directly to its volatility. Depending on the form of the trust, ownership of its shares is comparable to indirect Bitcoin ownership.

 

👉 It is essential to understand that ownership, in this instance, is a fictitious term that changes with the trust’s net asset value.

 

Osprey Bitcoin Trust (OBTC)

👉 As an investment instrument, the Osprey Bitcoin Trust (OBTC) debuted on private markets in 2019. However, it was unavailable for trade until February 2021. It follows Coin Metrics Bletchley Indexes (CMBI).

 

👉 CMBI benchmarks were introduced in 2015 and follow the prices of Bitcoin and ether.

 

Bitwise 10 Crypto Index Fund (BITW)

👉 Bitwise Asset Management introduced the Bitwise 10 Crypto Index Fund (BITW) late in 2020. The fund’s AUM was $502 million as of June 11, 2023, and its expense ratio was 2.5%.

 

👉 BITW, unlike GBTC, does not give indirect Bitcoin ownership. Instead, it follows the Bitwise 10 Large Cap Crypto Index, an additional Bitwise product aimed to give exposure to 80% of the cryptocurrency industry.

 

👉 On June 11, 2023, Bitcoin constituted more than half of the fund’s assets, at 68.9% of the total.

 

Grayscale Bitcoin Trust (GBTC)

👉 Initiated in 2013 by Alternative Currency Asset Management as the Bitcoin Trust, an open-ended private trust, Grayscale Investments LLC currently sponsor this fund. In 2015, it started trading openly under the ticker name GBTC.

 

👉 Like how the SPDR Gold Trust ETF (GLD) monitors the underlying value of gold, the fund aims to track the underlying value of Bitcoin. As of June 11, 2023, its assets under management (AUM) were $18.5 billion.

Trade Bitcoin Options

Blockchain Technologies

👉 Bitcoin Options are derivatives like Bitcoin futures. Contracts that offer an investor or trader the right, but not the responsibility, to purchase or sell Bitcoin at a certain price (strike price) and by a certain date (expiration date).

 

👉 Trading Bitcoin options is better than purchasing Bitcoin since the cost of purchasing an option (the premium) is less than that of the asset itself.

 

👉 Bitcoin options provide leverage to take speculative bets (i.e., upward or downward) on BTC’s price movement instead of purchasing and keeping Bitcoin.

 

👉 Given the digital asset volatility, Bitcoin options are a brilliant idea. They enable you to benefit from a decline in price without incurring the loss associated with owning the currency itself. But, conversely, Bitcoin options also enable you to benefit from a price increase in the same manner as if you held the real currency.

 

👉 Moreover, Bitcoin options are a wonderful alternative for investors and traders who comprehend how cryptocurrency operates. In addition to Bitcoin’s extreme volatility, which generates substantial profit margins, losses are restricted to the premium paid to begin the contracts.

 

👉 This limitless profit potential and capped losses are two of the most enticing and in-demand aspects of Bitcoin options trading.

Bitcoin Futures

Bitcoin Futures

👉 Futures are contracts between two investors who gamble on the future price of a cryptocurrency. They enable investors to obtain exposure to certain cryptocurrencies without purchasing them.

 

👉 Crypto futures mimic traditional contracts for commodities or equities in that they permit wagers on the price trajectory of an underlying asset. Futures contracts on cryptocurrencies are traded on the Chicago Mercantile Exchange and other markets.

 

👉 CBOE offered its first Bitcoin futures contracts at the beginning of December 2017 but quickly cancelled them. In December 2017, the Chicago Mercantile Exchange (CME) also issued Bitcoin futures contracts.

 

👉 Cash is used to settle contracts traded on the Globex electronic trading platform. All Bitcoin and Ether futures trade from the CME CF Bitcoin Reference Rate and the CME CF Ether Reference Rate, respectively.

The Best Bitcoin Brokers in Nigeria

👉 In this article, we have listed the best brokers that offer trading solutions and opportunities to traders in Nigeria. We have further identified the brokers that offer additional services and solutions to Nigerian traders.

 

Best MetaTrader 4 / MT4 Broker in Nigeria

Overall Rating

Min Deposit

USD 0 / 0 NGN

Regulators

FSA, FCA, ASIC, DFSA

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

66

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, Axi is the best MT4 Broker in Nigeria. More than 130 different items from Axi are available for trading on MetaTrader 4. Axi offers some of the greatest trading conditions to Nigerian traders, including minimal opening spreads on all account types.

 

Best MetaTrader 5 / MT5 Broker in Nigeria

Overall Rating

Min Deposit

USD 10

Regulators

IFSC

Trading Desk

Meta Trader 4

Crypto

Yes

Total Pairs

32

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, RoboForex is the best MetaTrader 5 broker in Nigeria. RoboForex provides traders with a selection of 12,000 tradable instruments that may be traded on MetaTrader 5 in addition to a few more potent trading platforms.

 

Best Broker for beginners in Nigeria

Overall Rating

Min Deposit

USD 100 / 41450 NGN

Regulators

ASIC, FSA

Trading Desk

MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, AvaTrade is the best Broker for beginners in Nigeria. For new traders in Nigeria, AvaTrade provides some of the greatest teaching resources. Along with webinars, seminars, and other events, there are several manuals and videos.

 

Best Low Minimum Deposit Broker in Nigeria

Overall Rating

Min Deposit

USD 5 / 2073 NGN

Regulators

CySEC, FSC, FSCA

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

No

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, HF Markets is the best Low Minimum Deposit Broker in Nigeria. With a minimum investment of 2,000 Naira, HF Markets provides live trading accounts to Nigerian traders.

 

👉 Popular MetaTrader cryptocurrency broker HF Markets also has an in-house trading app for iOS and Android users.

 

Best ECN Broker in Nigeria

Overall Rating

Min Deposit

USD 10 / 4145 NGN

Regulators

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

Trading Desk

MetaTrader 4, MetaTrader 5, cTrader and TradingView

Crypto

No

Total Pairs

60+

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

Trading margined products carries a high level of risk. Pepperstone Markets Kenya Limited, CMA Licence No. 128

👉 Overall, Pepperstone is the best ECN Broker in Nigeria. One of the biggest forex and CFD brokers in the world, Pepperstone provides services in more than 170 nations.

 

👉 Nigerian traders should anticipate among of the quickest transaction execution times with little to no slippage and no requotes.

 

Best Islamic / Swap-Free Broker in Nigeria

Overall Rating

Min Deposit

USD 0 / 0 NGN

Regulators

ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA

Trading Desk

Metatrader 4 and Metatrader 5

Crypto

Yes

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, OANDA is the best Islamic / Swap-Free Broker in Nigeria. Three different retail accounts are available from OANDA. This includes a specific Islamic account that is provided to Muslim traders in Nigeria who adhere to Sharia law.

 

Best Trading App in Nigeria

Overall Rating

Min Deposit

USD 1 (415 NGN)

Regulators

IFSC, FSCA (south africa), ASIC, CySEC

Trading Desk

MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading platform.

Crypto

Yes

Total Pairs

250

Islamic Account

Yes

Trading Fees

Low

Welcome Bonus

$140 (58 116 NGNFind out More)

Account Activation Time

Instant

👉 Overall, FBS is the best trading app in Nigeria. FBS provides its cryptocurrency account through the FBS Trader. Many features and some of the greatest market analyses are available to Nigerians.

 

Best Nigerian Naira Trading Account Broker in Nigeria

Overall Rating

Min Deposit

USD 10 / 4145 NGN

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

Trading Desk

MT4, MT5, MT4 WebTerminal, mobile (iOS & Android, Exness Trader)

Crypto

Yes

Total Pairs

97

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, Exness is the best Nigerian Naira trading account Broker in Nigeria. One of the top multi-currency brokers that provide accounts in NGN is Exness. Exness is a broker that only works with MetaTrader and has a limited selection of trading options.

 

Best Lowest Spread Broker in Nigeria

Overall Rating

Min Deposit

USD 200 / 82900 NGN

Regulators

ASIC 

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

65

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, IC Markets is the best lowest spread Broker in Nigeria. IC Markets provides some of the narrowest spreads in the market because of its pure ECN execution mechanism.

 

👉 Nigerian traders can choose from a variety of crypto CFDs at IC Markets, which offers services to traders all over the world.

 

Best NDD Broker in Nigeria

Overall Rating

Min Deposit

USD 5 / 2 075 NGN

Regulators

IFSC, CySec, ASIC

Trading Desk

Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform

Crypto

No

Total Pairs

57

Islamic Account

Yes

Trading Fees

No (Just spread) 

Account Activation Time

24 Hours

👉 Overall, XM is the best NDD Broker in Nigeria. XM is a well-known No-Dealing Desk broker that offers services to over 2.5 million traders worldwide. A portion of XM’s broad selection of more than 1,000 financial products includes cryptocurrency CFDs.

 

Best STP Broker in Nigeria

Overall Rating

Min Deposit

USD 100 / 41450 NGN

Regulators

CySEC, FCA, FSA, FSCA, Labuan FSA

Trading Desk

Meta Trader 4

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, Tickmill is the best STP Broker in Nigeria. One of the finest brokers for new traders in Nigeria is Tickmill, which provides outstanding STP and ECN execution along with clear trading costs.

 

Best Sign-up Bonus Broker in Nigeria

Overall Rating

Min Deposit

USD 1 / 415 NGN 

Regulators

IFSC

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

300

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, SuperForex is the best sign-up bonus Broker in Nigeria. One of the brokers with the broadest selection of promos and incentives is SuperForex, which provides customers with a choice of 11 trading accounts.

Conclusion

👉 Bitcoin is an excellent starting point for novice crypto investors. Moreover, Bitcoin has the longest record of accomplishments to consider for Nigerian investors. Since its inception in 2009, Bitcoin’s value has increased dramatically over the previous decade.

 

👉 Numerous analysts compare it to “digital gold” as a long-term value store. However, like with any investment, it is essential to do preliminary research and understand the risks involved.

FAQ

Is it worth investing in Bitcoin?

The fact that Bitcoin has outperformed every other asset class so far this year in terms of return, including gold, equities, and oil, implies that it is a good investment.

 

How can beginners start investing in Bitcoin?

Beginners can start with Bitcoin education and move on to a demo account with a broker or a crypto exchange. Finally, beginners can start exploring Bitcoin ETFs as it will help diversify their investment portfolio and reduce their risk of loss.

 

What is the minimum I can invest in Bitcoin?

You can invest any amount in Bitcoin, depending on your platform or broker.

 

Are Bitcoins safe?

Bitcoin employs secure encryption that keep the technology itself safe, but its volatility makes it a risky investment.

 

What is the easiest way to invest in Bitcoin in Nigeria?

The easiest for Nigerians to start investing in Bitcoin is through stock trading or ETFs because it entails a lot less technical expertise than actively trading Bitcoin.

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