In this article, we’ll review all of the most popular options for you to buy Bitcoin in Nigeria, explaining their pros and cons. We will justify why we believe that the best way to buy the coin is via BTC Wallet App. And which of the offerings on the market, according to customer feedback, can be called the real best Bitcoin Wallet App.To answer the question: how to buy Bitcoin in Nigeria, you must first decide where you want to buy the coins.
The main disadvantage of using crypto platforms is that the user runs the risk of getting into scams, which are very widespread. By the time an inexperienced user realizes that he got into a scam, he can irrevocably lose a large amount of money. Loss of funds on exchanges, as well as crypto platforms, happens a lot. The reason for this can be both fraudulent actions of exchangers, and hacker attacks on their servers. Exchanges, as custodian services, store private keys and customer personal data on their servers.
First of all, cryptocurrency wallets are more reliable services for storing cryptocurrency than accounts of centralized exchange providers. Obviously, we are talking about non-custodial wallets, where all the keys for accessing assets are stored on the user’s gadget. I.e. nobody but the user will be able to control the assets .
As you can see, the real best way to buy Bitcoin in Nigeria and beyond is through Bitcoin Wallet App.All of the above benefits of buying Bitcoin using the Bitcoin Wallet App are only relevant if you have the right wallet for the job.