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Cryptocurrency is still one of the most profitable ideas for investments. However, bitcoin is not recognized as legal tender by the central bank of nigeria (cbn) at present. Is bitcoin legal in nigeria? We list below the trading account types available in nigeria. Instead, it is an unregulated aspect of financial assets and tools in nigeria.
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But before we address this concern, let's look at a brief definition of. Is trading cryptos online legal in nigeria and can you purchase one with a credit card? And most young people have been investing in the cryptocurrency world, buying and selling bitcoin and in 2018, the apex bank issued a circular to say cryptocurrencies are not legal tenders in nigeria. These platforms are a hope that the challenges of the bitcoin industry can be. One strategy to trade bitcoin or any other cryptocurrency is to buy when the price is low and sell when the price is high.
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Is trading cryptos online legal in nigeria and can you purchase one with a credit card?
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