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Buy coins near you

 

…COINS NEAR YOU

When it comes to finding the best place to buy Coins Near You, you have invariably more options you can think of.

Yet, what stands before you and taking a vulnerable action is knowing the right place to trade on.

If I say that I hate bad startups you will agree with me because I have been played pranks on by many vague services.

So, your decision to use the best place to buy Bitcoin and other altcoins is the reason I gave in more than 7 days to put this up – I don’t want you to be scammed and vulnerable again, not this time at IWTUC.

IWTUC: I Will Teach U Crypto…

 

Well, be it as it may, most people coming to this page will be asking how to buy Cryptocurrencies nearby – in your country, but the big catch?

I am not only here to point you to a certain place to get your coins. No. The most important option is the aftermath. The security of your coins.

Why?

This is what I mean…

If you go on to buy and trade crypto coins, the basic self-striking questions are, will my assets be safe, or are there more complexity I can deal with (non-friendly)?

The above two factors are what you want to look at for before we give in to any crypto exchange.

Thank you. So, where is a good starting point? Good. See below.

 

I DON’T KNOW WHAT A CRYPTOCURRENCY EXCHANGE IS?

Don’t be ashamed because I was once like you, so, I will explain in a few lines.

A cryptocurrency exchange is an online platform (website) where you can buy, sell and trade cryptocurrencies of your choice.

As seen today, some exchanges allow you to trade through fiat currencies, like US dollars, while others allow you to buy crypto using other digital currencies like Bitcoin (BTC), Ether (ETH), USDT, LTC, and more, and an example is Binance exchange.

And because of the fact that not every exchange supports every available digital coin and token, you may need to use multiple crypto trading platforms to buy and sell the currencies you want.

 

CRYPTOCURRENCY EXCHANGE OPTIONS TO LOOK AT FOR

#1. The Security of Your Digital Assets

You want to make sure or ascertain if a crypto exchange has you in her heart.

I mean, will your cryptocurrencies be secure?

And if yes, are they keeping it in a cold storage (crypto bank?). If yes, then, you are good to go.

 

#2. How Many Pairs Are Open To You

This is important because you want to know the available currency pairs you are presented with unless you are not a would-be trader.

For instance, let’s assume you want to trade Bitcoin for USD, Euros, or other fiat currencies.

Is this option available, and if yes, what if you want to trade other cryptos like ETH for USD, Euros, or other fiat currencies?

This and more is what you want to look at for.

 

Further Reading: Guide to Choosing & Using the Best 10 Quality Cryptocurrency Exchange/Broker Websites

 

The good news is that most of the crypto exchanges we shall be enlisting has government issued currency and Altcoins.

And for those that do not, they are unlikely a big trading exchange (might be normal buying and selling of crypto assets).

 

WHY SOME CRYPTO EXCHANGES AND NOT OTHERS?

At times, it is better to be known as a Jack than Jack and Jill yet you are neither.

Now, I learned this the hard way because before I could land I was scammed. Since then, I have learned my lesson.

At iwillteachucrypto, we have chosen to use a few numbers of crypto exchanges we trust/walk with (used).

The fact is, as far as crypto trading and buying of all crypto coins in the world – near you & safely is concerned, all the about-to-be listed exchanges are all you need to get your coins.

I mean, be it EVX, EDO, and more coins (rare/shitty), and the ones I don’t even know, you can find them there.

Should you want to know more… We are just being careful to use a few exchanges in order to guide you properly – based on experience.

And much better, so that we can point you to where help is available– community, customer support, and more – should you need one.

 

VERIFICATION OF YOUR ACCOUNTS

It is important for me to ruin the party early enough than for you to go on to discover that you will need your accounts verified before you actually buy/trade cryptocurrencies.

You will need a Photo ID (international passport better suited), water or electricity billing address, a selfie of your Photo ID with you. Hmm, those are the basic ones.

Get them ready else, you might miss out.

 

The Complete List Of Cryptocurrency Verification Tools You Need To Get Started In Africa, America, And United Kingdom – Your CRYPTO TOOLS BOX

 

Well, the good news is that not all the crypto exchange platforms need them like a death sentence.

And some of those that are too serious about is are Coinbase (total limitation to trading), CEX (limitation adjustable), Luno (limitation adjustable), and a few others.

I would like to make you happy by saying, if you don’t get verified, you might be limited (you still have access), but why wait to be limited if you can get your account super ready?

If you are in the same framework as mine, then, after creating your account, the next big thing you want to do is get it verified.

Just go ahead and verify it before the need comes calling – early preparation pays most.

 

Further reading: How to Solve Identity Verification Problems on over 1,000 Top Crypto Exchanges with Verifications on CEX & Luno.

 

And the last thing is setting your 2fa authentication.

This is also important to act as an extra security layer against phishing and scams.

Further Reading: Guide on How to know & Set Up 2fa on Binance, Localbitcoins & 500 Top Crypto Exchanges – 5 minutes

 

FEAR OF BUYING CRYPTOCURRENCY

Some of us might not have been me in 2016 when the option to use bitcoin was another giant step I never wanted to.

I had always thought of it as a difficult path.

I wasn’t at fault?

Really?

I wasn’t because I never wanted to leave my comfort zone of using money exchangers like Perfect Money, Advanced Cash and so on.

To cut the story short, since the first trial, I haven’t looked back.

See this.

If you are still struggling as I was, then, you can go here and see how to overcome fear and buy cryptocurrencies on your own, else, follow me as I walk you through.

 

#1. How To Overcome Fear And Buy Cryptocurrencies On Your Own

Imagine that you want to buy Bitcoin from an exchange which is like a Bank.

Now, like the traditional way of depositing money into your Bank account, with the bank, you need to deposit money (Bitcoin) into your Bank account (Bitcoin wallet).

Bank – Exchange

Bank account – Bitcoin wallet

Account Number – Bitcoin wallet address

That is it.

 

#2. Depositing Money Into Your Bank Account

Here, what you are doing, in essence, is trading fiat (local currency) for a virtual money you can use your Mobile phone and transact from the comfort of your home.

Same with Bitcoin.

You will buy Bitcoin from an exchange using Fiat, and what you will get is a virtual currency- digital coins.

 

#3. Bank Account Number vs Bitcoin wallet address

Now, if you can copy a Bank account number from your email or messaging app to your Bank mobile app, then, you can also transact with Bitcoin.

All you need to do is also copy the Bitcoin wallet address and paste on your Bitcoin wallet and send the money (Bitcoin).

 

#4. Buying Bitcoin/Cryptocurrencies

At IWTUC, this should not be an issue.

If you want to buy Bitcoin and you have FIAT (local currency like USD, EUR and so on), all you have to do is give the bank (exchange) the fiat and get Bitcoin.

Again, if you have Bitcoin and you want Ethereum, send them your Bitcoin and get Ethereum, now that is what is called Crypto trading.

For real trading, buy Ethereum low, sell at high and make profits.

So, if you had always been confused about cryptocurrency trading, that is it for you – clearly defined.

 

USING THE BEST CRYPTOCURRENCY WALLETS

To transact with Cryptocurrencies, you will need a crypto wallet.

As a beginner or medium user, you can comfortably use the online exchange wallets till you buy a hardware wallet.

And talking about using cryptocurrency exchange wallets, since we walk with few exchanges, we will recommend the ones we deeply trust to keep your coins.

As a beginner, we recommend Coinbase because it is simple, straightforward, and ultimately secure.

Get a Free Bitcoin Wallet at Coinbase.

 

But note, the best way is using a crypto hard wallet.

Further reading: TOP 4 Best Cryptocurrency Hardware Wallets against Hackers In 2018 fall!

 

All right. Those are all you need to get started to buying cryptocurrencies near you and in your country.

 

In summary

#1. Choose a better and safer cryptocurrency exchange.

#2. Overcome fear and buy cryptocurrencies on your own.

#3. Use the Best & Safe Cryptocurrency Wallets.

 

HOW TO BUY BITCOIN WITH FIAT CURRENCY

Using USD…

As already stated, let’s assume that you have $300 you want to use and buy Bitcoin.

The following are the complete steps you need.

Get your Bitcoin wallet Address – all the crypto exchanges have theirs, so just copy it out (read the steps first).

 

#1. Define and choose the cryptocurrency brokers that offer the right service for you.

#2. Register for an account on the platform.

#3. Provide your personal details and proof of ID for verification.

#4. Set up 2 factor authentication.

#5. Navigate your way to the “Buy” screen.

#6. Select Bitcoin or another cryptocurrency you want to buy.

#7. Select your payment currency, which can be USD, EUR (and other local currencies).

#8. Specify the amount you want to spend as $300.

#9. Select your payment method, such as a credit card payment, bank transfer, crypto capital or more as provided.

#10. Enter your payment details, such as your account number and routing number if sending a bank transfer or your card number and CVV if paying by credit card.

#11. Review the full details of your transaction, including fees and the amount of BTC you’re purchasing.

#12. Upon reviewing it and you’re happy with it, click Buy BTC.

#13. Once the transaction is processed, wait for it to be processed on the blockchain, and the BTC will be deposited into your exchange wallet.

However, some brokers might automatically send your purchased BTC/crypto to an external wallet address you choose on their website.

Let’s get started.

 

 

Name

 

Deposit Options

 

Fiat Currencies

 

Supported Cryptocurrencies

 

Direction

 

Coinmama Cryptocurrency Marketplace

 

Cash
Credit card
Debit card
Bank transfer (SEPA)

 

USD, EUR

 

BTC, ETH, ETC, BCH, LTC, ADA, QTUM, XRP

 

Go To Site

 

coinnearyou

 

Credit card
Debit card

 

AUD, USD, EUR, GBP, CAD, CNY & 50+ more

 

BTC, BCH, ETH, LTC, ETC

 

Go To Site

 

Binance Cryptocurrency Exchange

 

Cryptocurrencies

 

 

BTC, XRP, USDT, ETH, NEB, XVG, TRX, NEBL, ETH, NEO & 100 more

 

Go To Site

 

CEX.IO Cryptocurrency Exchange

 

Credit card
Cryptocurrency
Debit card
Bank transfer (SEPA)
SWIFT

 

USD, EUR, RUB, GBP

 

BTC, DASH, ETH, XRP, ZEC, XLM

 

Go To Site

 

coinnersyou

 

Cash

Bank transfer

 

 

USD, EUR, GBP, NGN and more

 

BTC, ETH, USDT, BCC

 

Go To Site

 

coinnersyou

 

Bank transfer

 

NGN

 

BTC, DASH, ETH, XRP, TRX and more

 

Go To Site

 

TOP SAFE WEBSITES TO BUY BITCOIN & CRYPTOCURRENCY NEAR YOU

Top Safe Universal Cryptocurrency Exchanges

♣ Coinmama

♣ Changelly

♣ Coinbase

♣ CEX

♣ Binance

♣ Localbitcoins

 

Top Safe Africana Cryptocurrency Exchanges – for Africans

#All the above

♣ Remitano

♣ Luno

♣ Ngexchanger

 

#1. COINMAMA.COM

Popularly known as a credit card exchange, Coinmama is a friendly and at the same time a popular website for buying Bitcoin, Ethereum, Litecoin, and more from many countries that find it daunting to transact elsewhere.

Coinmama is known as a grade “A” credit card cryptocurrency exchange.

Why?

When there, you can use not just your credit card to buy Cryptocurrencies but your debit card – how inviting is that?

 

The shocker with Coinmama?

Coinmama users cannot sell back to the site.

I mean, you can only buy and not sell.

Lastly,

You need just 3 magical steps to work on Coinmama

#1. Create Your Coinbase Account,

#2. Get Verified for Buying Cryptocurrency

#3. Place Your Cryptocurrency Order – Buy Cryptocurrency.

 

Coin Available For Purchase

Bitcoin ( BTC), Litecoin (LTC), Ethereum- (ETH), Ethereum Classic (ETC), Cardano ( ADA), QTUM (QTUM), Ripple(XRP), and Bitcoin Cash (BCH).

 

Pros

• Credit card purchases from nearly all countries

• Coinmama is secure.

• Fully registered with Money Service Business # 31000084489239.

• Debit card purchases from a reasonable number of countries.

• The team is easily accessible.

 

Cons

• Fees are higher than most sites.

• No option to sell cryptocurrency back to the exchange.

 

Homepagewww.Coinmama.com

cryptos near you

 

To Create An Account For Buying Cryptocurrencies On Coinmama

#1. Create Your Coinmama Account

#2. Visit Coinmama.com homepage and Sign up at the top right corner to create an account.

#3. Enter the basic info needed in the empty boxes. When done, click on Create Account.

#4. Go to your email and click on the verification link sent.

You will get this;

Hi YOUR NAME and welcome to Coinmama!

To start buying cryptocurrencies, please confirm your email address by clicking the link below or copying and pasting it into your browser.

 

Further Reading: Beginners Guide To Opening An Account & Working On Coinmama 2018: Buy 8 Altcoins Instantly

 

#2. CHANGELLY.COM

Also a pro-credit card exchange, Changelly parades over 700,000+ cryptocurrency traders.

Changelly comes in to lift the yoke of technical barriers of traditional trading platforms.

How?

Changelly’s robot is integrated into the largest cryptocurrency trading platforms, including Poloniex and Bittrex.

In the span of milliseconds, the robot makes bids on the trading platforms, then selects and suggests the best available rate and displays the estimated rate on her site.

What happens is that Changelly asks exchanges to suggest the best rates available on trading pairs and operates by making sensible bids for you.

cryptos near you

 

Look up about Changelly.

At Changelly, traders are allowed to trade virtual currency without needing verification or registering at any cryptocurrency exchange.

It processes more than 51,000 BTC on a monthly basis and offers a seamless transaction.

And as at the last time of usage, you can get an instant conversion of 75+ tokens and altcoins.

Simply put it, Changelly takes away hectic traditional trading to create an avenue of buying cryptocurrencies in an ABC method.

 

Pros

• A simple credit card exchange

• A wide variety of supported coins

• Security with 2FA security

• Uses the current market coin prices.

 

Cons

• A 0.5% transaction fee higher than what is found in an average market.

• Moderate-high fees when converting from fiat currency.

 

Homepage – www.Changelly.com

 

cryptos near you

 

How To Create An Account For Buying Cryptos On Changelly

#1. Go over to www.Changelly.com and create an account.

#2. Click on Signup

#3. Enter your email and s the reCaptha

#4. Now press Enter on your PC to open your new Changelly Beginner’s Account.

#5. Check your email if there is any information for you.

That is all.

 

Further reading: Beginners Review Of Changelly, How To Use It And Buy Ripple, Dash & Top 75 Cryptocurrencies In 4 Minutes

 

#3. COINBASE.COM

Known by many as the Google of crypto exchange, and also a self-acclaimed $1.8 billion worth startup, Coinbase offers a beginner friendly and attractive interface where users can get and trade Bitcoin, Ethereum and 3 more crypto coins.

With a user base of over 30,000,000 users signed up, 75,000 merchants, and of course, about 15000 developer apps, Coinbase is a well-known crypto exchange for beginners.

cryptos near you

Buying cryptocurrencies on Coinbase is all about three steps:

#1. Create Your Coinbase Account,

#2. Get Verified for Buying Cryptocurrency

#3. Place Your Cryptocurrency Order – Buy Cryptocurrency.

 

Pros

• Free crypto coins transfer using email for another Coinbase holder.

• Safe and simple cryptocurrency wallets for beginners.

• The most user-friendly and trusted platform with 100s’ of million page-views per month.

• Lots of long-time customers

• Has many backers/investors

• Online wallet with insurance

• Security is optimum.

 

Cons

• Contacting the customer support is a problem (with some users).

• Verification of account needs patience.

• Your funds can be locked up in suspicion of fraud.

 

Homepage – www.Coinbase.com

 

cryptos near you

 

How To Create An Account For Buying Cryptos On Coinbase

#1. Go to www.Coinbase.com and create an account.

#2. Enter your email and click Get Started

#3. Enter your name, email and strong password (I will show you how to create a strong password later or search the site).

#4. Click On the “I agree to the User Agreement and Privacy Policy”

#5. Click on Create Account

After step 5, a notification link will be sent to your email address.

#6. Go to the email account you used and click on the verification link (You will get a notice of success upon being verified).

That’s all.

 

Further Reading: Beginners Guide to Opening and a Coinbase Account; an A-Z Guide

 

#4. CEX.COM

Accepting Euros, British pounds, US dollars, Russian Rubles, Ethereum, Zcash, Ripple, Stellar and Dash cryptocoins, CEX.IO is a worldwide cryptocurrency exchange for everyone.

Without mixing words, I can say, CEX is a super credit card exchange which is popular within their accepted country/regions.

cryptos near you

CEX, like Coinbase, presents every beginner from anywhere with a clean interface to buy and trade coins side-by-side.

With a high-end secure platform, you can trade and withdraw on CEX using Credit cards, Bank Transfer and as well as the Crypto Capital payment processor.

 

Pros

• Multiple payment & Withdrawal pathways with Credit Card, Bank transfer and Crypto Capital.

• Present a clear and clean interface for beginners.

• Versatility defined: easy Calculator and Bitcoin Price Widget.

• Fees and charges are stated for users to know how their funds will be used/cut.

• Moderate/great customer support (experience)

• Multiple trading of cryptocurrencies, about 8.

 

Cons

• Cannot withdraw less than $60 using Bitcoin.

• Recently Litecoin was unlisted.

• Few complaints by some users.

 

Homepage – www.Cex.com

 

cryptos near you

 

How To Create An Account For Buying Cryptos On CEX

#1. Visit www.CEX.IO exchange and create an account.

#2. Click on Register.

#3. Enter your personal info (email, password)

#4. Enter the reCAPTCHA, and click on Register.

#5. Verify your account by clicking a link that will be sent to your account.

If any, click on the link and sign in.

That is all.

 

Further Reading: The Ultimate Guide to Using CEX Crypto Exchange

 

#5. BINANCE.COM

Binance is a simple China-based cryptocurrency exchange but an advanced trading platform for both beginners and the Pro.

With a stream of multiple coin pairs for traders, Binance is currently ranked a top 5 cryptocurrency exchange in the world.

cryptos near you

Getting started at Binance might seem daunting unless you try it out (very simple).

The steps to working with it are simple and for traders, it comes with a robust charting software suitable for both beginners and advanced traders.

For beginners, you can trade using the basic interface.

And for the advanced users, you can use the advanced interface.

 

Pros

• Low fees on transactions and withdrawals.

• 50% fee charges using her coin for trading – BNB.

• Offers a vast number of coins and other pairs including typically rare coins (you might not know about).

• Managed by an excellent finance & intelligent team.

• High liquidity allows for efficient entries and exits.

 

Cons

• New platforms require time to gain client trust.

• Needs more time to get comfortable with it (as a beginner)

 

Homepage – www.Binance.com

 

cryptos near you

 

How To Create An Account For Buying Cryptos On Binance

#1. Go to www.Binance.com/signup and register for a new account.

#2. Enter your personal information and click on register.

Wait for it to verify.

#3. Fix the puzzle correctly

An email will be sent to your address. Open it and verify your account by Clicking on Verify Email.

When done correctly, you will see Account activation successful.

#4. Log in to your account and start your transactions.

#5. When logged in, tick all the Safety Risk Notice. When done, click on I understand, continue.

That is all.

 

Further Reading: How I Use Binance Exchange To Trade 300+ Altcoins Professionally

 

#6. LOCALBITCOINS

A long-standing Bitcoin exchange for beginners. Localbitcoins is a person to person exchange website whereby transactions span all over the world.

At Localbitcoins, you can buy Bitcoin from the next guy in your street or near you – your neighborhood.

I mean, you can trade bitcoins in over 16382 cities and 248 countries.

cryptos near you

Also, at LocalBitcoins, buying of Bitcoin is simple. With multiple payment methods.

And again, your money is safe as an Escrow dispute resolution is provided by the site.

 

Pros

• Great way to buy Bitcoin near you – in your neighborhood.

• Multiple options for transactions – deposits and withdrawals.

• Secure with a team of experts and of course, a 2FA.

• Available to all countries of the world.

• Beginner friendly with simple buying steps.

 

Cons

• Your account might be locked up in suspicion of fraud.

• May take longer to conclude in-person transactions.

• Risks associated with anonymous transactions.

 

Homepage – www.Localbitcoins.com

 

cryptos near you

 

How To Create An Account For Buying Bitcoin On LocalBitcoins

#1. Visit Localbitcoins.com and create an account.

#2. Click on Sign up for Free.

#3. Enter the reCAPTCHA, and click on Register.

#4. Verify your account by clicking a link that will be sent to your email account.

That is all.

 

Further Reading: How to Use Localbitcoins in 2018


 


 

#7. YOBIT

A savior last 7 days.

I used Yobit some days ago to make a transaction when the rest of the listed crypto exchanges couldn’t help (reason below).

It turns out it was simple.

Yobit is a bit of an advanced but a simple crypto exchange.

The exchange is widely criticized in online forums on the ground that there is not much information about them

Be it as it may, Yobit is one of the safe zone exchanges that offer you an open hand to manage a rare coin (the reason I talked about).

For an example, Poloniex recently delisted some coins. Luckily, one of those coins were available at Yobit.

So, the end point is that you can use Yobit if not to trade, but when you want to hold rare coins.

Why?

Like I said, it helped.

And all you have to do is sell the rare coin for Bitcoin or Ethereum, and then transfer to either CEX, Coinbase or other listed places for withdrawals.

 

Pros

• Manages a lot of rare coins.

• Competitive fees

• A higher buy user-friendly interface.

• Secure with Security deposit codes (Yobi codes)

• Fiat currencies are accepted.

 

Cons

• High withdrawal fees

• No leverage trading.

• Community complaints and Unknown company background.

 

Homepage – www.Yobit.com

 

cryptos near you

 

TOP SAFE AFRICANA CRYPTOCURRENCY EXCHANGES – For Africans

You can use all of the above cryptocurrency websites, but just to be more specific, the below places are for Africans.

 

#1. REMITANO

Remitano crypto exchange offers an easy-to-use platform for buying, selling and converting 4 major cryptocurrencies.

Remitano is based in Seychelles.

Like LocalBitcoins, it provides escrowed P2P Bitcoin marketplace where people buy and sell Bitcoin easily and safely with notable simple UI, friendly online customer support 24/7 and lowest fee compared with major players on the market.

They offer a simple interface with a robust payment system that is convenient for you without stressing about fraud.

The above is possible with their escrow-protected transaction process. The Escrow holds purchased coins in a 3rd party location until your transaction is finalized.

As of the time of writing, the listed coins at Remitano are Bitcoin, Ethereum, Litecoin, and USDT.

So, you can say that apart from all the above universal exchanges listed, Remitano is a traditional crypto exchange for Africans as it spans her service to the following African regions.

Remitano African Supported Countries

• Cambodia,

• Ivory Coast,

• Dr. Congo,

• Ghana,

• Kenya,

• Namibia,

• Namibia,

• Rwanda,

• South Africa,

• Tanzania,

• Uganda, and

• Zimbabwe.

If you are an African, you can get started with Remitano Asap.

More countries wherefore Remitano’s service is reachable are, Australia, Bangladesh, Belarus, Brazil, Canada, China, Colombia, Denmark, Spain, Indonesia, Israel, India, Iran, Italy, Japan.

Mexico, Malaysia, Myanmar, Netherlands, Nepal, Norway, New Zealand, Oman, Philippines, Pakistan, Poland, Portugal, Qatar.

Russia, Singapore, Sweden, Thailand, Turkey, UAE, United Kingdom, United States, Vietnam, South Korea, Zimbabwe.

 

Pros

• User-friendly interface.

•Secure with high-end 2FA.

•Great Support system.

 

Cons

• Limited number of cryptocurrencies.

• Moderate High trading fees.

• Transaction is with anonymous parties.

 

Homepage – www.Remitano.com

 

cryptos near you

 

How To Create An Account For Buying Cryptos On Remitano

#1. Visit www.Remitano.com and create an account.

#2. Click on Sign up

#3. Enter your personal details and click on register.

#4. Verify your account by click on the link sent to your email address.

That is all.

 

#2. LUNO

Known formerly as Bitx, Luno is a Bitcoin and Ethereum exchange and also a wallet provider.

Launched as a crypto site in 2013, Luno, like Coinbase, comes with an easy interface for beginners to trade local currency with Bitcoin and Ethereum.

Luno’s root and user base has spanned to over 40 countries, and most notably some African countries.

Luno majorly supports Nigeria and South Africa.

 

Other Luno Non-African countries are:

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Latvia, Liechtenstein, Lithuania.

Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom

 

Pros

• User-friendly interface.

• Secure with high-end 2FA.

• Helpful in account & scam recovery.

• Free crypto coins transfer using email for another Luno holder.

 

Cons

• Only allows BTC trading

• Limited number of cryptocurrencies.

• Moderate High trading fees.

 

Homepage – www.Luno.com

 

cryptos near you

 

How To Create An Account For Buying Cryptos On Luno

#1. Visit Luno.com and create an account.

#2. Enter your personal details and click on register.

#3. Click on Sign up

#4. Verify your account by click on the link sent to your email address.

That is all.

 

#3. NGEXCHANGER

NGexchanger is the best advanced but beginner friendly cryptocurrency exchange in Nigeria and for Nigerians.

A Subsidiary of Nyxel Integrated Services, NGexchanger is a leading and most trusted e-currency service provider in Nigeria, specializing in the buying, selling and exchanging of e-currency in Nigeria.

The steps to buying Cryptocurrencies on Ngexchanger follows a regimented process of doing all that is required as a normal bank process until the delivery of your coins.

Now, as a Nigerian, what makes Ngexchanger suitable for you is that with your local banks like GTB, Access, and more, you can deposit and make withdrawals to it – fiat currency (Naira).

To work on Ngexchanger, you need three steps which are:

#1. Sign Up – Create an account where you can securely buy, sell and store your digital currency.

#2. Buy/Sell Digital Currency

#3. Verify your account – Verify your account by uploading a valid ID card and proof of address to perform higher transactions.

 

Pros

• Best advanced but beginner friendly exchange for Nigerians.

• Availability of Multiple cryptocurrencies.

• Secure with high-end 2FA.

• Free Bitcoin wallet.

• Instant Withdrawal: enabled immediately after confirmation on the blockchain.

• Great customer support – personally contacting you via phone calls.

 

Cons

• No 24/7 service.

• Less number of inbuilt crypto wallets.

 

Homepage – www.NGexchanger.com

 

cryptos near you

 

How To Create An Account For Buying Cryptos On Luno

#1. Visit NGexchanger.com and create an account.

#2. Click on Sign up

#3. Verify your account by click on the link sent to your email address.

That is all.

 

How To Buy & Sell Bitcoin & Cryptocurrencies in Nigeria: THE TOTAL BEGINNERS GUIDE IN 2018

 

HOW TO MAKE WITHDRAWALS TO FIAT CURRENCY – USING UNIVERSAL EXCHANGES

Since CEX is universal, those in Africa can use it for withdrawals.

To make a withdrawal after a trade or just for the sake of exchanging it to fiat, we recommend you use CEX and Coinbase.

 

What To Do?

You will have to get either your Coinbase account or CEX account fully verified for this journey.

 

This Is How To?

#1. You can use CEX to trade and buy other cryptocurrencies – as a beginner. After that, apply for withdrawals.

OR

You can use Binance to buy and again trade over 300+ coins of your choice. Then transfer BTC or ETH to CEX/Coinbase for withdrawals.

 

After A Successful Trading Win Against Withdrawal

#1. On your CEX or Binance account, trade back the coin to Bitcoin or Ethereum for easy conversion.

#2. Transfer it (Bitcoin or Ethereum) to CEX or Coinbase for withdrawals.

#3. Go ahead and make a withdrawal.

 

If on CEX,

You can withdraw using Credit Card, Bank transfer, and Crypto Capital.

I would say, use Bank Transfer or Crypto Capital (fewer charges). That is if you are not in a rush.

Else, Credit Card is also great.

 

If on Coinbase,

You can make withdrawals to your bank since you linked it directly.

And if you had not verified your account on CEX, transfer the coins (Bitcoin or Ethereum) to Coinbase and make the withdrawal to fiat.

 

All in all, unless you are from the UK and other core Coinbase friendly countries, I would say, please get your CEX account ready verified? Yes.

Why?

From anywhere in the world, you can easily deposit money using your credit card or bank transfer.

So, I would say, get it verified once and for all, and most importantly, use it as a one-stop withdrawal point.

Should you want to know how to make withdrawals with CEX from your country, I have already done that for you in details. Just jump to the section in the article below.

 

Further Guide: How to Use Binance Exchange, Trade 300+ Altcoins Professionally – The Sparing Trading Template

 

HOW TO MAKE WITHDRAWALS TO FIAT CURRENCY IN AFRICA

For those in Africa that do not want to use CEX, you can use Remitano.

If you go with Remitano, remember that it is a peer-to-peer transaction process.

Meaning, you will have to list the amount you want to sale your Bitcoin or Ethereum (an advantage though) before a client/buyer can make a bid on it.

 

What To Look At For?

The clock will be ticking if there is no bidder.

 

Note: in any of the above exchanges for withdrawals, you will need to verify your account and identity.

In conclusion, instead of getting verification on over 3 exchanges, why not just one exchange to save your time?

If you are seeing it from my mental framework, then you want to get your account with CEX ready (verification) for smooth withdrawals.

 

FOR NIGERIANS

You might/don’t need to use Remitano, Luno or (CEX if you desire).

Just hover to NGexchanger and exchange your cryptocurrency and you are done.

 

The Best News?

NGexchanger understands you and all the alabaster box listed Nigerian Banks.

With NGexchanger, you are not just limited to Buying & Selling Bitcoin or Ethereum to Naira, you can trade even Litecoin and many other cryptocurrencies listed.

Get Started with Ngexchanger

 

That is the end of Solomon Grundy. Have a nice day.