Accepting Cryptocurrency: A Guide For Online Stores
The world has become more receptive to cryptocurrency, and many online businesses around the globe have added the option of purchasing a product through crypto transactions. This trend has especially skyrocketed over the last couple of years: Read more about FinTech The graph above represents the daily number of transactions, so it really shows […]
The Effect Of Cryptocurrency Ban On Nigerians
The adoption of cryptocurrency in Nigeria was greatly embraced, because of the strict foreign exchange policies and laws put in place by the CBN. Also, Nigeria has experienced a great decline in its value of Naira, which has made Nigerians seek alternate currencies and means of exchanging currency. Read more about FinTech Unfortunately, a […]
The Concept Of e-Naira In Nigeria
e-naira is the digital form of naira, issued by the Central Bank of Nigeria, thereby, making it a legal tender. The e-Naira was developed by the fintech company, Bitt, based in the Caribbean. With this development, Nigeria has become the first in Africa to develop a digital currency, and there is a need to […]
Top 5 Pitfalls To Avoid In Crypto Trading
As a newbie or an expert, crypto trading requires utmost care and sound strategies in order to thrive. As a matter of fact, you need to be very careful when trading and as well be schooled, in order to identify certain pitfalls, so as not to crash – and get frustrated in the long […]
Automated Cryptocurrency Trading: Top 4 Trading Bots For Newbies And Experts
Trading cryptocurrency is quite difficult for newbies and experts alike. Little wonder, various traders often rely on crypto trading bots, which trade automatically. Whether as a newbie or expert, you can’t deny the rise of several trading bot platforms that help in automation. Read more about FinTech Basically, these trading bots are built, designed […]
Top 4 Benefits Of Using Crypto Trading Bots
Trading in cryptocurrencies is utterly complex, unpredictable and volatile. Most often, experts and newbies alike are emotional, confused and sometimes cranky when it comes to trading Bitcoins and other coins. No wonder experts and stakeholders have resorted to an automated trading system (ATS). Read more about FinTech According to Wikipedia, ATS is a subset […]
4 Surefire Ways To Recover Stolen Or Lost Tokens
A crypto token is a virtual currency token or a denomination of a cryptocurrency. It represents a tradable asset or utility that resides on its own blockchain and allows the holder to use it for investment or economic purposes. It has been widely accepted as a form of currency asset across the globe. Read […]
How To Spot And Avoid 4 Common Crypto Scams
With the tsunamic wave of digital currency and its quick adoption, there seem to be so many complex concepts that surround its operations and transactions. From multiple kinds of crypto such as Bitcoin, Binance, Ethereum, Litcoin, Dogecoin, and so on, to several functions of crypto such as trading, exchange, savings and online payments. Read […]
Top 5 Reasons Nigerians Are Sceptical About Investing In Cryptocurrency
One famous Nigerian Bitcoin expert, Chris Ani, asked why Nigerians are sceptical about investing in cryptocurrency. I, too, have noticed that Nigerians and people elsewhere are sceptical about cryptocurrency. However, several studies have shown that Nigeria ranks number one as the highest investor in cryptocurrency. The Bitcoin boom, especially in the age of digital […]
Converge II: Pan-African Blockchain & Crypto Meetup holds November, 27th 2021
It is no doubt that blockchain as an innovative technology continues to find its way into every facet of life on the African continent, therefore its capacity to impact our everyday life can’t be underestimated considering how individuals, organizations and governments are beginning to jump on this moving train. Following a successful outing of […]
Top 5 Cryptocurrency Startups In Nigeria
Nigeria is firmly in the middle of a cryptocurrency boom. A growing number of Nigerians are venturing into the crypto trade, believing that it’s a way to hedge against the inflationary tendencies eating away the naira’s value. For many, it also offers a chance to build wealth. Read more about FinTech Local startups have […]
5 Tips For Investing In Cryptocurrency
Nigerians have embraced the crypto trade with great enthusiasm. They have made the country one of the world’s leading markets for digital currencies, in a matter of a few years. A survey conducted by Statista in 2020 indicates that about 32% of the Nigerians who took part traded cryptocurrencies. Read more about FinTech However, […]
How To Avoid Being Scammed When Trading Cryptocurrency
Nigerians are among the most enthusiastic cryptocurrency traders in the world; global crypto trading platforms have confirmed this much. A big factor driving this is the lure of high-profit margins, which exceed what most traditional investments can guarantee. Read more about FinTech But crypto trading comes with big risks. Scams abound, especially in Peer-to-Peer […]
Blockchain/Crypto Arts And The Future Of Money
We are delighted to announce that Nigeria’s premium hybrid Blockchain Conference of Value and Innovation, annually organized and curated by Blockchain Nigeria User Group is back and bigger! Covid-19 pandemic did not permit us to hold the event in 2020, but thankfully things are looking better now as we are poised to adhere strictly […]
Are Digital Currencies The Future Of Money?
Nigeria aspires to go the digital route with its currency. That’s the impression it gave the world back in June when its apex bank announced that it would be launching a digital currency. If it goes ahead with this, it would be joining a growing club of nations, which are seeking local, government-sanctioned alternatives […]
App Of The Week: Bitnob
Bitnob is a Nigerian startup that provides a platform for users to carry out transactions, save money, and invest in bitcoin. Read more about App of the week The mobile app, which is available for Android and iOS, allows users to access these services and much more. Other services offered by Bitnob include loans, […]