As a kid, you might have read about Aladdin’s magic lamp. The lamp had the power to make anyone wealthy. Today, you can authoritatively call and refer to cryptocurrency as “Aladdin’s lamp” because it can open you to immeasurable wealth if traded strategically and effectively.
Cryptocurrency is the answer that the world has searched for for a long time. The world needed a currency devoid of rules from the government and their institutions. A currency that conformed to the technological times than the traditional fiat currency. Cryptocurrency became the perfect solution, and people who quickly identified it as what it is have gained tremendously from the venture.
The first cryptocurrency to gain popularity in the world is Bitcoin. Satoshi Nakamoto created it in 2009 in a bid to provide the world with an electronic medium of payment that depends solely on cryptographic technology. With the introduction of Bitcoin, people could make payments without any government or private intermediaries.
Because the world and its people are constantly subjected to change, Bitcoin has become accepted as a significant source of income by being a profitable investment.
By reading this article, you will quickly learn all about Bitcoin, how it has reshaped the idea of long term investments, and the best place you can sell Bitcoin in Nigeria.
An overview of Bitcoin
As mentioned above, Bitcoin is the first cryptocurrency to gain traction globally. It was launched in 2009 by Satoshi Nakamoto. Bitcoin is a decentralized digital currency like every other cryptocurrency that has been launched after it. It exploits blockchain technology to attain its “decentralized” status and uses several mining operations to process and verify transactions.
Bitcoin is a digital currency through and through. You cannot walk up to a bank to physically withdraw Bitcoin because it only exists online.
When Bitcoin was first launched in 2009, people were quite sceptical about whether or not it was a suitable means of investment because it was valued at less than a dollar. In 2013, Bitcoin was valued at 10$, and those that were fortunate enough to have invested were reaping their good seeds. By 2015, the value of Bitcoin rose to over 200$, but that was beginning. 2020 came, and Bitcoin hit an all-time high of over 60,000$. Although the rise and fall of its value have been quite epileptic since then, the market still favours those that wait. In 2022, 1 BTC is currently valued at over 38,000$ with a market capitalization of over 700 billion USD.
The success of Bitcoin as a cryptocurrency encouraged the creation of other cryptocurrencies like Ethereum, Binance coin, dogecoin, and lots more.
How to make money with Bitcoin in Nigeria
The best way to make money with Bitcoin is to buy, hold, and sell on a reliable exchange platform.
Of course, there are other ways like mining, accepting payments in Bitcoin, and cryptocurrency affiliates; buying, holding and selling still tops them because it is the least risky method.
To buy and hold Bitcoin means buying Bitcoin at a low price, waiting until the price increases, and then selling it. This is usually good for long term investments as the profits are typically immense.
After buying and holding your Bitcoin, you will need to sell it on a reliable platform for Naira. There are several platforms where you can sell your Bitcoin, but it’s better to trade on an exchange platform that offers the best rates. The best platform to sell your Bitcoin in Nigeria is Dart Africa, and as you read on, you’ll understand why.
Dart Africa is the best place to sell Bitcoin in Nigeria
Dart Africa is the fastest and most reliable crypto exchange platform to sell your Bitcoin in Nigeria. Through Bitcoin’s automatic transaction process, your transaction immediately gets approved and verified, and your account is credited. Dart Africa users do not have to wait for a long time to get paid, and Dart Africa has built a loyal customer base over the years.
The Dart Africa platform, with its unique design, offers nothing short of a fantastic user experience to guarantee a hassle-free trading experience. In using the platform, you will find navigation from one page to the other very easy because of the platform’s intuitiveness.
Its high-tech security mainframe characterizes Dart Africa. With Dart Africa, you can discard your fear of scammers and rippers and enjoy trading your cryptocurrency without worry. The customer service of Dart Africa is one of a kind as they are available 24/7 to listen to your complaints and offer a solution.
Using Dart Africa, you will also find out the rates are very alluring. Dart Africa is a customer-oriented platform and always prioritizes the needs of its customers by selling Bitcoin at the best rates.
Many crypto exchange platforms in Nigeria only support Bitcoin or a limited array of cryptocurrencies. On the other hand, Dart Africa offers a wide array that includes BTC, ETH, DOGE, USDC, LTC, USDT, and BUSD. You can calculate the current rates of these cryptocurrencies with the Dart Africa rates calculator by simply selecting the type of crypto and inputting the amount.
Because of its user-friendly interface, trading on Dart Africa is easy. You have to become a registered user first to get started on Dart Africa. All you have to do is visit the website or download the Dart Africa app from Google playstore. Follow the instructions below to sign up on Dart Africa.
- Visit the Dart Africa website.
- Click on sell now.
- Click on sign up here.
- Input your preferred username.
- Input a valid email address and valid phone number.
- Enter your password. Note: You can’t share your password with a third party for security reasons.
- Agree to the terms and conditions of Dart Africa.
- Click on create an account. Immediately, your details will be assessed and approved, and you have become a registered member of Dart Africa. You can proceed to sell your Bitcoin on Dart Africa.
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