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Nigeria's Top Bitcoin to Naira Exchange - Nairaex

What You Need to Know About Nairaex, Nigeria's Cryptocurrency Exchange

The cryptocurrency market is booming and the interest in altcoins is at its peak. Cryptocurrency exchanges are places where people can exchange different digital tokens for one another. These exchanges function as intermediaries that allow users to trade digital tokens for other assets like traditional currency (e.g. USD, GBP, EUR), or other digital tokens like bitcoin. Local Nigerian exchange NairaEx recently announced the launch of its new trading platform – an advanced, user-friendly exchange that supports a wide range of cryptocurrency and financial services for buyers and sellers. This article will give you all the information you need if you want to know more about NairaEx and how it works.

 

How Does NairaEx Exchange Work?

NairaEx is a Nigerian cryptocurrency exchange platform. The platform allows its users to buy, sell and trade cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, etc. for Nigerian Naira. Moreover, the exchange platform supports a wide range of currencies including USD, Euros, British Pounds and Japanese Yen, etc. The process of trading on NairaEx is straightforward and simple. You need to register on the exchange by providing your name and email address. You can either trade in cryptocurrencies or exchange your fiat currency for cryptocurrencies. Once you receive your user ID and password, you can login to your account and begin trading.

 

What Is the NairaEx Platform?

NairaEx is a Nigerian cryptocurrency exchange that allows users to buy and sell cryptocurrencies with Naira. The platform supports 10 cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), EOS (EOS), Stellar (XLM), Tether (USDT), and Dash (DASH). The platform’s trading engine is highly advanced, robust, and reliable. It is equipped with leading-edge technologies like automatic risk analysis, anti-fraud algorithm, and distributed server architecture for high-speed order matching. All these technologies make the platform secure, trustworthy and reliable.

 

Registration Process at NairaEx

First, visit the NairaEx website and click “Register”. Next, enter your email address, create a password, and press “Submit”. On the next screen, enter the CAPTCHA code, select the type of account, and click “Continue”. Now choose a username and date of birth (DD/MM/YYYY). After that, you need to enter your phone number, select the type of account, and enter the 6-digit verification code. After this, you must provide your address, occupation, and financial information. Finally, tick the terms and conditions box and press “Submit”. If you have provided all the correct information, your account will be activated within 24 hours. Once you have activated your account, you can log in and start trading in cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, EOS, Stellar, Tether, and Dash.

 

NairaEx Fees and Commission

NairaEx charges a trading fee of 0.1% on all transactions. The fee is deducted from the amount you earn when you make a sale; you don’t need to pay any fee to buy cryptocurrency on the platform. Deposit and withdrawal of fiat currencies are free. If you withdraw funds in cryptocurrency to your wallet, then there’s a fee of 0.001 BTC/ETH/LTC. If you withdraw funds in other currencies, the fees are as follows: - Wire transfer: $100 - SWIFT: $100 - RIA: $100 - MoneyGram: $100 - Western Union: $100 - PayPal: $100

 

Important Features of the Platform

Easy to use: The interface is easy to use and very responsive. Moreover, the exchange offers excellent features and interactive charts that help you trade in cryptocurrencies easily. Advanced security: The exchange offers robust security protocols and advanced security features like two-factor authentication. Dedicated customer services: You can reach the customer support team round-the-clock. Regular updates on cryptocurrencies: You can receive regular updates and analysis about cryptocurrencies.

 

Conclusion

In this article, you have learned about the Nairaex exchange and how it works. You can use Nairaex to trade in cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, EOS, Stellar, Tether and Dash. The exchange offers an advanced, robust, and reliable platform that supports easy trading. It has excellent features and advanced security options that help you trade in cryptocurrencies easily and securely.

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