To buy bitcoin with paypal in Nigeria will need to have a verified paypal account with the amount you wish to exchange in your paypal balance. Paypal is high risk beacuase some fraudulent buyers can do paypal chargeback after receiving bitcoin. Which exchange did you use and what were the charges like? 12 best exchanges to buy bitcoin in Nigeria. Deminet Exchange sells, buys and exchanges digital/e-currencies (Perfect Money, Web Money, Bitcoin, PayPal, Litecoin, Ethereum, iTunes gift cards and others) at the rate specified on this page.Customers can make purchases or simply exchange e-currencies within minutes. Over this and other considerations to keep in mind when buying BTC in person, we also talked in an entry last year on how to buy bitcoin with cash-in-person using LocalCoinSwap. I got you covered in this explicitly complete list. If you want to buy bitcoin with PayPal as a payment method you have to find a reputable exchange that will allow you to make a deposit using PayPal as a funding method. This Bitcoin ATM is located in the city of Lagos at the Dazey Lounge and Bar. Click on the “B” in the Bitcoin line to start buying. We are Top, reliable, swift and trustworthy. When you Buy Bitcoin with Paypal in Nigeria , the exchange platform usually charge higher exchange rate because of the high risk of using paypal and because of high paypal fees. Will be listing the other way below; so scroll down. But there is this option of ‘Family and Friends’ on Paypal that most people use to eliminate chargebacks. Interested in knowing how to buy Bitcoin with PayPal? As of March 29th, 2020, there is a total of 1 Bitcoin ATM in Nigeria to buy bitcoin in person. In Uganda, you can buy with MTN or Airtel. Convenient way to buy bitcoins in … To buy Bitcoin with LocalBitcoin, the same steps as explained above are followed. Start trading. To quickly get Bitcoin in Nigeria, follow the steps below: Download a software wallet; Go to Luno and create an account; Choose how many Bitcoin you wish to buy; Enter your billing information and Bitcoin address; If Luno doesn’t work out for you here are some additional buying options for Bitcoin in Nigeria. When you have chosen a seller, you will be taken to the trade screen. It is available in 248 countries and supports up to 30 payment methods including Paypal. They buy and sell all major digital currencies or e-currencies such as PayPal, Bitcoin, Perfect money, Neteller, Okpay, Payeer, and many others. Find great deals for Bitcoin on Paxful from thousands of available offers—all with zero extra fees and over 300 different payment methods, allowing for cost-efficient trades on the platform. Now, in picking a Seller, click on any of the offers to check out a Seller. | Why You Should Start Using This Investment Strategy, CoinMarketCap Earn: An Ideal Way To Earn While You Learn, the method of payment(PayPal in this case). Pros. The choice is yours: You can go ahead and watch the video or scroll down to read the text. In addition to the well-used 100 cryptocurrencies, including the most popular ones, like Bitcoin, Ethereum, XRP and others, CoinBox also supports any ERC20 tokens. This is the moment we've all been waiting… Read more…, Bitcoin Price Weekly Update: 29th March – 4th April 2021, Bitcoin got another jump last week. Well, search no further for, in this post, I will be sharing the 2 actionable ways to buy Bitcoin with PayPal. You can buy Bitcoin in Nigeria here https://blockvila.com/buy-ecurrency. By continuing to use this website, you consent to the use of cookies in accordance with our Privacy and Cookie Policy. For Nigerian users, they can buy Bitcoin in Nigeria using your preferred payment method. Read more: Paxful Review(2019 Update)| The Complete Review and Comparison. Most trusted, secured and fast ecurency platform to buy, sell and exchange bitcoin, perfectmoney, paypal in Nigeria & Globally E-Currency Buy Sell; Bitcoin: N499: N478: Perfect Money: N490: N465: Ethereum: N000: N460: WebMoney: N500: N400: PayPal: N550: N000: Skrill : N570: N000 Then click “Buy” (without changing any other settings) and your transaction will be completed in seconds. Paypal is an online payment method that is set up to send and receive payment online without any stress. 2 Actionable Ways to Buy Bitcoin with PayPal at the Best Rate (2021 Update). The best exchanges to buy bitcoin in Nigeria. 1: How can I buy bitcoin in Nigeria. Buy Bitcoin in Nigeria. CoinBox is one of the most reliable and secure services in the crypto world, having the widest choice of crypto coins. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Looking for exchanges where you can buy Bitcoin and other cryptocurrencies in Nigeria?. Bitcoin BTC Bank Transfer NGN Perfect Money USD PayPal USD Ethereum ETH Amazon Gift Card USD Steam Wallet Card USD Debit Card(Visa, Master) USD Amazon Gift Card GBP GBP. Then verify your account and fund your wallet. Let me know what you think via the message you will leave me in the comment section. Send in Money to your Paypal using your Card and then head over to Paxful, click the Buy Cryptocurrency and Choose the Paypal Option. And having read through, I know you have things to say. This is because most exchanges prohibit its users from using Paypal as a payment option for Bitcoin purchases. I created a short video as an example on how you can do this, I withdrew a PayPal of $400 to my Nigeria bank account and PayPal charges a transfer fee of $5. As you can see, PayPal, like the wide range of payment methods that the crypto P2P market offers today, has its advantages and disadvantages. How To Trade Bitcoin On Binance Buy/Sell In Nigeria 2021 Using Peer-to-peer (P2P). Bitcoin ATMs In Nigeria. It has come to become a global leader in online payment solutions with more than 265 million accounts and is available in more than 200 countries. We then agree on a price(say $500) and he pays me through PayPal while I send the Bitcoin to him. Even if you still don’t have the verified PayPal account you can have it set up using the same method I’ve shared in my report (ebook). Supporting 25 currencies from around the world, PayPal promotes e-commerce by making payments across different locations and languages possible. Convert your Naira (NGN) to BTC quickly and easily! Ediaro, a Nigerian company that sells bulk SMS and many different types of website development and advertising services, accepts bitcoin as payment. Click on ‘Buy Bitcoin’ and select the following parameters: You can either click on ‘Search’ to search for offers or ‘Give me the Best’ for Paxful to present you with the best offer available. On the trade screen, you will find out the Offer Terms of the seller like: Once you agree to the terms and conditions of the seller, an online chat with the seller is initiated for you to finalize. At Edozexchange.com we buy and sell PayPal, Neteller, Payoneer, Cashapp, Skrill, Bitcoin, Ethereum, Litecoin, Ripple, Tron, Bitcoin cash, Binance coin, and up to 1000 plus other cryptocurrencies at the best rate in Nigeria, Ghana, Uganda, and South Africa PAYPAL 340/$ BITCOIN 470/$ SKRILL 425/$ When you Buy Bitcoin with Paypal in Nigeria , the exchange platform usually charge higher exchange rate because of the high risk of using paypal and because of high paypal fees. A look at Nigeria’s current economic position Among the 54 countries in the world’s second-largest and most populous continent, Nigeria’s economy is the largest in Africa. Wirex Buy Bitcoin instantly in Nigeria. This site uses Akismet to reduce spam. Buy bitcoins online in Nigeria. Buy or Sell in Nigeria with NGN Bitcoin, Ethereum, US Tether (USDT) and other cryptocurrencies fully secure and private with PayPal, Local Bank wire, Bank wire Save your Details This will be shown to the other trader and is where he/she will send the funds to. At Monex.ng, We buy and sell Bitcoin, Paypal, Neteller, PerfectMoney and Deriv in Minutes. Users can choose to make purchases using PayPal, MoneyGram, Amazon/iTunes gift cards and many more payment methods. PayPal was founded in December 1998 by Ken Howery, Luke Nosek, Max Levchin, Peter Thiel, Yu Pan, and Russel Simmons. I personally checked out these exchanges and have listed them including the type of services they provide. The company is located in San Jose, California. Paxful is the leading global peer-to-peer Bitcoin marketplace—and it’s now available in Nigeria! This way, Obi gets to keep his money and my Bitcoin! The letter “B” means buy Bitcoin and “S” means sell Bitcoin. Paxful Review(2019 Update)| The Complete Review and Comparison, 10 Best Exchanges to Buy Bitcoin in Nigeria(2019), Trezor One Wallet Review – 7 Things You Need To Know (2021), Remitano Review (2021 Update) – The Complete Review & Comparison, Tenset(10SET) Project – Find Out How To Earn Passively With This Deflationary Token, What is Dollar – Cost Averaging(DCA)? And do share this piece(someone needs it direly!) Buying Bitcoin with PayPal presently is quite tough owing to the limited number of exchanges that allow you to do that. It supports up to 300 different methods of payment which include PayPal, Bank Transfer, Cash Deposit, Gift Cards, e.t.c. To answer the question above, asides it allowing you to transact with a wide variety of vendors from around the world, its benefits are low compared to the charges. Paxful is a peer-to-peer exchange is based in the United States and was founded in 2015. But what about buying Bitcoin with PayPal? This post will be discussed under the following subheadings: Find out the details when you click on any of the subheadings. Bitcoins will be bought using official exchange rate which is not available in the market majorly due to Nigerian government restrictions on foreign exchange. This can be done on Bitkonga Exchange site. It bounced off level $51,207 and shot up to… Read more…. Cryptocurrency investment activities, including actions done to buy Bitcoin online via Binance, are subject to market risk. I recommend that you use other methods to obtain Bitcoins. We pride ourselves as one of the most trusted exchangers in Nigeria since 2008 Since PayPal has no way of tracing the Bitcoin I sent, Obi will most likely receive his money back(as most credit card companies tend to support the complaining party). We are Perfect Money Certified Exchange Partner. The increase was triggered by news that the global payments giant, PayPal, is launching support and integration for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. You have to carefully choose a Seller from the list of offers available. How Can I Buy Bitcoin With PayPal? Despite the reasons stated above, there are still ways to buy Bitcoin with PayPal. The seller’s Bitcoins will be held in escrow until you send a proof of payment. Or do you know of any exchange that should make this list? Paxful also offers selling with Giftcards. Tell me: have you bought Bitcoin with PayPal before? Quidax. Paypal is high risk beacuase some fraudulent buyers can do paypal chargeback after receiving bitcoin. Ever since cryptoban in Nigeria that CNB financial institution Nigeria set A-side a rule that any full service bank that acknowledged there any of their customer’s exchange in cryptocurrency trading using their checking account then they ought to lift the ban on such accounts with permanent closure. Read also: 10 Best Exchanges to Buy Bitcoin in Nigeria(2019). Home » Reviews » Exchange » 2 Actionable Ways to Buy Bitcoin with PayPal at the Best Rate (2021 Update). If you also want to convert your money back to Nigeria Naira repeat the process vice versa, Sell to with Paypal and then From Paypal convert back to Naira. E-Currency exchangers or changers specializes in the provision of fast, efficient and reliable e-currency exchange services to customers or clients in Nigeria and all over the world. To buy bitcoin in Nigeria, you will need to buy bitcoin from an exchange. by clicking on the social media buttons below. Though difficult, it is not totally impossible. Most merchants insist on this option because: The ‘Family and Friends’ option is not enabled in all accounts especially users with business accounts and those that have used the option severally. Start trading. Bitkonga Exchange process paypal to bitcoin exchange for Nigerian’s almost instantly after receiving paypal payment, however you will need o be a verified users. Content writer at Nigeria Bitcoin Community. Receive; ... Buy Bitcoin in Nigeria, Sell Bitcoin in Nigeria, Buy and sell bitcoin in Nigeria, Exchange Bitcoin to naira. The only supported cryptocurrency is Bitcoin. Paxful works as a peer-to-peer Bitcoin trading platform. LocalBitcoins is a Peer-to-Peer cryptocurrency exchange that was founded by  2 brothers, Jeremias and Nikolaus Kangas in 2012. In Nigeria, you can use BitPesa to buy bitcoins with your debit card or Paga account. Bitcoin is the most valuable and popular cryptocurrency, it was created by software developer satoshi nakamoto in 2008, but it wasn’t until 2013 that bitcoin really started catching public attention.. Purchase method for Kenya is coming soon. Buy Bitcoin with PayPal: Is It Beneficial? With the former LocalBitcoins CEO(Nikolaus) moving into the company board, the company has recently announced its new CEO in the person of Sebastian Sonntag. The Nigerian-based … Bitcoin Price Weekly Update: 12th April – 18th April 2021, Happy days as we start the new week with a bullish mark on the bitcoin… Read more…, Bitcoin Price Weekly Update: 5th April – 11th April 2021, Bitcoin is ready for the plunge guys. The benefit of using this method to buy bitcoins is because it is fast and convinient, however it is not the cheapest method to Buy bitcoin in Nigeria. And the exchanges that do charge high percentages in fees and of course, you have the scam sites to deal with also. 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