Do Nigerian banks accept cryptocurrency? Nigeria’s ongoing crypto restriction
In February 2021, the Central Bank of Nigeria ordered all commercial banks and financial institutions to close all customer accounts that operate in or trade cryptocurrency.
Can I buy crypto in Nigeria? It is possible to buy Bitcoin in Nigeria directly from the Bitcoin Wallet App. This method of purchase means that the user downloads the wallet and buys Bitcoin through the mobile app, entering their credit card details and going through all the necessary verification procedures.
Which crypto app is best in Nigeria?
- Coinbase Pro.
Can I buy Bitcoin with 1000 Naira? Selling 1000 Nigerian Naira you get 0.000100081 Bitcoin at 29.