Buying bitcoin on cryptopia with credit card

The liquidity for altcoins against the US dollar is often very poor. That is what makes it difficult to get around their country limitations. Moreover, the credit purchase can be considered as cash advances that may attract higher fees making the transaction expensive.

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Well, today might as well be your lucky day. The goal was to have a hassle-free transaction, but instead, I end up losing some of my money. Buying Bitcoin from several merchants in Nigeria can be risky because you stand the chance of falling a victim. In other to avoid this I recommend buying your Bitcoin with a credit card using Luno wallet. Luno, formerly BitX is a Bitcoin exchange company headquartered in London with operations in Nigeria, South Africa, and 38 other countries. Luno accepts Master or Visa Bitvoin from any bank and accepts Nigeria local currency.

Bitcoin Exchanges

Handle all needs of accepting payments in virtual currencies. Trade solutions for wallet providers to process virtual currencies. Offer withdrawal of virtual currency funds from user accounts. Allow your users to deposit to their account with virtual currencies. Individuals can buy and sell virtual currencies.

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Well, today might as well be your lucky day. The goal was to have a hassle-free transaction, but instead, I end up losing some of my money. Buying Bitcoin from several merchants in Nigeria can be risky because you stand the chance of falling a victim. In other to avoid this I recommend buying your Bitcoin with a credit card using Luno wallet. Luno, formerly BitX is a Bitcoin exchange company headquartered in London with operations in Nigeria, South Africa, and 38 other countries.

Luno accepts Master or Visa Card from any bank and accepts Nigeria local currency. You can also cash your Bitcoin as Naira into your local bank account. For now, Luno is still the cheapest bitcoin exchange in Nigeria and they charge 1. The first thing you need to do now is to Visit Luno and set up an account…. Click on the get started button to register a free account with Luno. After registration, a confirmation link will be sent to your email, click the link to confirm your account.

Upon login, you will need to verify your account through SMS code. After that, you will be directed to the above page. Click the PayU icon to deposit your money into your Luno wallet. Input all the necessary card details and click continue. Your bank OTP will be sent to you to verify you are the one doing the transaction.

After clicking the Next button its going to direct you to a success page and your account will be credit immediately.

Now refresh your wallet and go back to the homepage. At the home page, you should see something like the above image, hit the bitcoin logo to proceed to the next page. Choose what you want to buy. Just click the confirm button and wait for your bitcoin. Upon every transaction, a notification will b sent to your email to keep you Updated. Buy Bitcoin. This other exchange allows you to exchange bitcoin with other altcoins using your credit card.

They include:. They are known for their fast transaction processing and easy to use Platform to exchange your cryptocurrency. Binance is my one stop exchange site, virtually all my cryptos are exchanged on Binance. Visit Binance. Cryptopia is another huge exchange site you can easily use here in Nigeria.

I call it an all in one platform. It as everything you will ever need when buying bitcoin on cryptopia with credit card comes to cryptocurrency.

From trading platform to exchange and marketplace. They focus on more user experience rather being a stop by exchange site. Their interface is friendly and easy to use. They virtually have hundreds on different altcoins you can buy at a cheaper price to later make profits in the nearest future.

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Great article, I love the fact that you explained with pictures, makes it very easy to understand… Binance UI is very confusing. Your email address will not be published. Buying Bitcoin with Credit card in Nigeria with Luno A simple breakdown of how to buy bitcoin with credit card in Nigeria using Luno wallet. How to buy Bitcoin with credit card in Nigeria with Picture description The first thing you need to do now is to Visit Luno and set up an account… Click on the get started button to register a free account with Luno.

Click the more button and proceed to deposit money. Input the amount you want to pay and click. Proceed by clicking… Continue to PayU. What you need to do now is exchange the deposited money for bitcoin. Here you need to input the Bitcoin equivalent in Naira and click the next button. Visit Binance Cryptopia is another huge exchange site you can easily use here in Nigeria. Love is sharing. Comments Great article, I love the fact that you explained with pictures, makes it very easy to understand… Binance UI is very confusing.

Take time and scroll through you should get used to it. Leave a Reply Cancel reply Your email address will not be published.

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The tips below will help you stay safe and avoid getting ripped off. Previous How to Convert Bitcoin to Paypal. Some cryptlpia brokers and exchanges will immediately deposit the crypto you purchase into a wallet linked to their platform. Buy and sell major cryptocurrencies czrd one of the world’s most renowned cryptocurrency exchanges. At the time of writing, they are one of the most expensive exchange companies I can. How likely would you be to recommend finder to a friend or colleague? At the time of writing it is Augustand they may have started accepting credit card payments by the time you read. There are three different types of services that allow credit card crypto purchases. LocalBitcoins and Paxful are two peer-to-peer exchanges that accept credit card payments. Coincidentally, during the time, Bitcoin and other tokens had lost over half of their value. Buy crypto with your card. Is it buying bitcoin on cryptopia with credit card giving up my ID in order to buy? Credit card payments are reversible. Provide proof of ID. The process involves predicting numbers on cryptopi block bictoin the program accepts the code and completes the transaction by assigning the BTC to the correct guess.