Pages to buy cryptocurrencies Nigeria 2021
Right now, the word "cryptocurrencies" divides us all into two camps: some people know nothing about them, while others are already making a lot of money with them. If you want to study this innovative phenomenon of our financial system, you should first choose a platform on which you will work and study.
Cryptocurrency trading continues to grow and take root, offering modern and sophisticated options. As more and more swaps and options are offered to traders, finding an exchange to trade on can become a daunting task.
Coinbase was founded relatively recently, but it has already managed to occupy a solid position in the list of the world's best cryptocurrency exchanges. Such results have been possible thanks to the available interface languages as well as other advantages of this platform.
According to reviews of the Coinbase exchange, one of its main advantages is the availability of convenient services for work: current exchange rates, charts, news, descriptions, transaction history, etc. In addition, given the complexity of legislation in different countries in 2021, this cryptocurrency exchange has its official mirror in case the main site is blocked.
The entire process of trading and exchanging cryptocurrencies is, of course, highly dependent on the ease of depositing and withdrawing money. According to the review summaries on Coinbase, users particularly appreciate the availability of sufficient options to credit and withdraw the money earned in the form of not only cryptocurrencies and e-wallets, but also ways to interact with fiat currency (dollars, euros, etc.):
- 23 types of coins.
- The rates charged for all operations under $200 are as follows: $ 0.99 - $ 2.99 - for operations from $ 0 to $200; for over $200, a fixed interest rate comes into play. Its size depends on the payment method.
- Free mobile and online wallet. The advantage of this wallet is that transactions can be made off-blockchain.
- You can pay funds that can be deposited and withdrawn using a bank card, transfer and a range of payment systems. SEPA transfers are available for EU residents.
- Two-factor authentication. All website traffic is encrypted using the SSL cryptographic protocol; All wallets keys are protected by AES-256 encryption. Only 2% of her clients' cryptocurrency funds are stored online, and they are insured in case of loss.
- Android and iOS app.
Binance is one of the largest cryptocurrency exchanges in the world, founded in 2017. Reliable, popular and loved by almost all traders. Daily trading volume on the exchange reaches over $1 billion, and about 1,400,000 orders are processed every second. The company offers the lowest commission per trade.
The exchange has earned the trust of the crypto community, mainly due to a strong team of developers who know their stuff very well.
Such a long period at the top of the rankings and the many positive reviews can be attributed to several factors: ease of use - the position was one of the first major exchanges where people could sign up for the platform with just their email address and get immediate access to a wide range of tokens; speed of response to process a large number of trades; low commissions; a global approach to their business and the availability of the platform in several languages; very low trading fees:
- 740 different crypto and fiat pairs, including own token BNB.
- Binance offers competitive trading fees (commissions): 0.1% on each side of the trade, or 0.075% if you are using your Binance tokens (BNB).
- Trust Wallet mobile application.
- Bank transfer, debit/credit cards, various P2P payment channels.
- The exchange launched CryptoSafe Alliance (CSA). This initiative will bring together exchanges, blockchain protocols, cybersecurity experts, and regulatory compliance companies. It is the first comprehensive threat monitoring and protection tool in a decentralized data exchange environment.
- A free app is available in Google Play Store or the App Store.
Kraken was founded in 2011 by Jesse Powell. The platform was officially launched in 2013. Kraken has managed to gain the trust of its users. No successful hacker attacks have been recorded on the exchange.
Kraken is a self-regulated exchange, which means that it develops its own security policies and business rules. However, it adheres to the rules and regulations of many supported jurisdictions.
To start trading on the exchange, you need to make a deposit in cryptocurrency or from a bank card (only for customers of Kraken partner banks). But to be able to make a deposit, you must first go through a mandatory verification. By default, there is no possibility to open a demo account on the exchange.
Leveraged securities are available on the stock market. Leverage is the ability to place orders that are larger than the user's existing balance. This can lead to increased profits compared to placing an order with just the portfolio balance. Trading under such conditions is called "margin trading":
- 8 tokens are available.
- Transactions under 50,000 units of a particular currency are subject to a commission of 0.16% for the seller and 0.26% for the buyer. For sums over 50,000 units, commissions are reduced to 0.14% and 0.24% respectively.
- No crypto wallet is offered on the site.
- Crypto wallets and money transfers via bank transfer. Deposit/withdrawal via bank cards is not available.
- The exchange offers users two-factor authentication, PGP encryption, and global settings lock, which prevents any account changes within a certain period of time.
- Kraken Pro and Kraken Futures applications.
Bittrex Exchange (Bitrix) is a well-known and reliable trading platform on the market. Here you can trade cryptocurrencies without fear, the liquidity of the site is high and the security is unmatched. Many promising young projects want to join the site, as the source opens the door to the digital asset market for them.
As for the security of storing money on the exchange, Bittrex recommends using two-factor authentication, which has already become the industry standard. Cases of major hacker attacks on Bittrex are not known.
Bittrex user reviews are mostly positive. Users appreciate the feeling of dealing with a real market and the amount of cryptocurrencies offered. You can find posts where users complain about the slow response from the support service, but the number of these posts is not significant.
Its main feature and competitive advantage is the large number of cryptocurrencies available for trading - over 250 currently. However, it should be noted that the company does not accept fiat deposits, which may be a limitation for inexperienced users. The web interface will appeal to even the most sophisticated traders. In addition, Bittrex is the preferred choice for those who want to trade rare coins. Thus, Bittrex is one of the largest cryptocurrency exchanges:
- 250+ trading pairs are available.
- Topping up your euro account is available via SEPA credit transfer, international bank transfer, bank card. Fiat funds withdrawal is possible to a bank account using an international bank transfer, and for euros, a SEPA credit transfer is supported. The withdrawal commission depends on the chosen currency: in bitcoin, it is 0.0005 BTC, in Ethereum - 0.00600000 ETH. The site has a fixed trading fee of 0.25% of the total value of the order.
- No crypto wallet.
- Bank transfers, credit/debit cards.
- Two-factor authentication (2FA), IP check, which requires an email confirmation of entry from a new IP-address, IP whitelists, Cold storage for 80%-90% assets.
- There are two apps for Android and iOS respectively: Bittrex Global and Bittrex.
BitMEX, short for Bitcoin Mercantile Exchange, is an advanced exchange and trading platform for cryptocurrencies. Unlike many cryptocurrency exchanges that trade one cryptocurrency for another, BitMEX focuses on trading derivatives: perpetual contracts, as well as daily and weekly futures contracts.
Cryptocurrency futures are an agreement to buy or sell an underlying asset (cryptocurrency) at a predetermined price for a specific date in the future. Perpetual contracts - similar to futures, except they have no expiration or maturity date.
BitMEX is a trusted cryptocurrency exchange for advanced users interested in trading crypto derivatives on margin. The company is constantly improving, adding new features and expanding the list of available assets. You do not need to submit to verification to trade. Bitmex uses cold, multi-signature wallets to store customers' money. All withdrawals are processed manually once a day at the agreed time:
- 55 trading pairs.
- BitMEX does not charge any fees for deposits or withdrawals. When withdrawing BTC, a minimum Bitcoin Network commission is applied; commissions for takers are 0.075% of the total order value, while makers are paid an additional 0.025% for each trade.
- Crypto BitMEX wallet.
- Beyond virtual currencies, BitMEX does not accept any other deposits.
- Funds are stored in cold wallets; Two-factor authentication; Registration via SMS notifications; Multi-signature wallets for transactions; Email communications are encrypted using PGP encryption.
- BitMEX Mobile launched in September 2020.
Bitfinex is a fairly large cryptocurrency exchange that has been offering its services to traders since 2012. This cryptocurrency asset trading platform operates under the jurisdiction of Hong Kong. During its long history, the exchange has suffered many difficulties: repeated attempts of hacker attacks, blocking the import and export of funds from foreign banks. But despite all the difficulties, Bitfinex has become one of the most popular digital asset trading platforms in the world.
User protection is provided by two-factor authentication, which means that it is not enough for attackers to know the merchant's password to steal money. In addition, Bitfinex is one of the few exchanges to limit the withdrawal limit if the user logs into the account from an unknown IP address. It is also worth noting that only 0.5% of the exchange's assets are available for trading, the other 99.5% are kept safe - in a cold wallet.
For new traders, the site's creators have created an introductory course, which explains in detail the functions of the exchange. The Bitfinex interface has been translated into many popular languages around the world:
- Over 140 coins and 300 trading pairs.
- No additional payments for deposits and withdrawals in digital coins. When you deposit USD, you will have to pay a commission of 0.1%, but not less than $ 20;Minimum fee for withdrawing fiat money is $ 60; With the minimum currency turnover per month, the trading fee is 0.1% for the maker and 0.2% for the taker.
- Users are offered three wallets to choose from - Exchange Wallet, Margin Wallet, and Financing Wallet.
- In addition to digital currencies, bank transfers and card withdrawals are available to users.
- Only 0.5% of crypto assets are kept online to support daily transactions. The rest of the coins are kept in cold wallets out of the reach of hackers. For these wallets to become available, manual authorization of several members of the management team is required.
LocalBitcoins is a P2P exchange for buying bitcoins with offline fiat currency, online e-money and some altcoins. It is considered a reliable platform for direct and decentralized exchange between parties to a transaction. It allows you to quickly acquire bitcoins through various convenient methods.
The main feature of the LocalBitcoins cryptocurrency exchange is that the site is 100% decentralized. People all over the world trade with each other, and LocalBitcoins acts as an intermediary, ensuring that the terms of the transaction are met by both parties.
Although LocalBitcoins is a cryptocurrency exchange, it is not suitable for speculative trading with a high frequency of transactions. It is a platform for those who want to buy/sell tokens at a more favorable price.
Privacy: The only information required is the e-mail address for account registration. No personal authentication is required and transactions can be made directly with another user instead of with a third party:
- The service does not charge a commission from the buyer. For sellers, there is a set commission of 1% on each sale.
- Bank transfers, banking cards, electronic systems.
- The security of the transaction is ensured by the escrow method, which has proven to be highly effective; User accounts are protected by two-factor authentication.
Poloniex is one of the largest cryptocurrency exchanges in the world. It offers the highest trading volumes for most altcoins that can be exchanged for bitcoins.
One of the main advantages of the stock market is the reduction in the size of commissions. This is probably the most important factor for large investors. This means that the larger the transaction amount between users, the lower the commission.
The cryptocurrency exchange Poloniex, which was established in the US in 2014, remains one of the most popular platforms among traders and investors.
It is worth noting that Poloniex crypto-currency exchange has a nice and smooth design, a convenient and intuitive interface, which is perfect for both experienced and beginner traders. In addition to traditional spot trading, you will find options (section) for margin trading on Poloniex, and also a section for those who want to lend their money - something that has recently appeared on the market:
- 100+ currency pairs.
- All deposits are allowed without any additional charges; The withdrawal fee is fixed, and it depends on the type of the currency; commissions are from 0 to 0.25%. Maker commission is from 0% to 0.15%; taker commission is from 0.1% to 0.25%. The higher is the volume of completed transactions in one month, the lower is the commission for all subsequently completed transactions.
- Own Wallet.
- Replenishment of an account with a bank card or withdrawal to a card are not available for users of some countries.
- The administration highly recommends adding two-factor authentication to your account.
- Mobile application.
Today, the KuCoin cryptocurrency exchange is based in the Hong Kong jurisdiction. A large list of promising cryptocurrencies are currently traded on the site. A unique feature of the KuCoin exchange is that it shares half of its profits daily with anyone who has an internal token in their wallet - the KuCoin Shares (KCS) - cryptocurrency. In addition, like Binance, KuCoin receives very low commissions on transactions, and discounts are given to KuCoin Share holders.
The Kucoin exchange interface is an absolutely standard user-friendly panel with the usual arrangement of windows and interfaces. Any user who has had at least some experience with the exchange can easily understand how to trade on the KuCoin exchange.
If you study user reviews of KuCoin, you will generally get a positive impression. Users generally leave positive reviews. Among the positive reviews of the KuCoin exchange, they most often mention: low commissions for transactions and withdrawals, the possibility to benefit from KCS token savings, a convenient and understandable trading interface for a beginner, different language versions (about ten standard translations), improved security of the exchange engine:
- 200+ coins and 450+ trading pairs.
- All deposits are free on the site, and there is a fixed fee for withdrawals; KuCoin offers a flat commission of 0.10%, which is less than the industry average.
- Inner site crypto wallet.
- A variety of payment methods supported by P2P fiat services.
- The exchange offers you the option to set up two-factor authentication by Google Authenticator.
- Mobile application.
Currently, the crypto exchange presented is considered to be one of the most reliable in the world, and is intended for traders from European countries. US citizens, for example, cannot work on it. Before the auction starts, you have to provide information about yourself and confirm it. Bitpanda's verification is divided into 3 levels: bronze, silver and gold. The withdrawal limits depend on these levels.
The presented platform has many advantages, and it is these advantages that have made it so popular. Firstly, the euro support is a huge advantage, since absolutely everyone is used to using cash. Secondly, the fees charged for the service remain low, which attracts merchants. Thirdly, an affiliate program was launched not long ago. Through it, you can earn money by attracting new users. Fourth, an undeniable advantage is the speed of registration. Fifth, the site has an intuitive interface and works in a stable way:
- Bitcoin, Ethereum and 30+ digital assets.
- The trading commission of the service depends on the type of currency and the nature of the transaction. When buying bitcoins, you pay 1.49%, when selling - 1.29%.
- Commission for replenishment and withdrawal is fixed for each coin and is debited from the account.
- Bitpanda crypto wallet.
- You can make a deposit either by bank transfer, credit cards or electronic payment systems.
- Bitpanda refers to systems that independently manage user wallet keys. Besides, the following security measures are offered: fund cold storage session control. Every login attempt from a new device requires two-factor authentication confirmation, authentication and validation via email.
Coinbase is a popular American cryptocurrency exchange. It was launched in the summer of 2012, when few people knew about cryptocurrencies and the price of bitcoin was only $10. Today, Coinbase is correctly listed among the leading cryptocurrency exchanges, has a solid trading volume and a high capitalization. The number of users exceeds 56 million, and cryptocurrency trading is available to residents of more than 100 countries. Working with fiat currency is also possible on the exchange.
Coinbase is the most conservative and regulated exchange. The company relies on the fact that it works exclusively in the legal field and has already been licensed to operate in most US states, including New York.
Despite these strict operating rules, users are won over by Coinbase's high level of protection of customer assets. 98% of users' funds are stored in offline physical wallets, and the rest of the cryptocurrencies are insured. In the event of fraudulent activity, Coinbase guarantees its customers a full refund of lost funds under the insurance policy.
Coinbase is actively investing by taking on several crypto projects.
- The website sells Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos and EOS.
- The use of credit or debit cards implies a service charge of 5%. Besides, the charges 3.90% for buying coins and 0.9% for selling these.
- No Wallet.
- Credit/debit cards and bank transfers; It supports SEPA and SWIFT payments.
- Coinmama is a reputable company with a secure site using Trust Guard and Comodo technologies. Both services have confirmed that 256-bit SSL encryption is actively used on pages containing personal information.
- Mobile app.
Paxful's mission is to provide people with an easy and secure platform to buy and sell bitcoins. The company is registered under the laws of the United States (Delaware) as a money transmitter with the United States Treasury Department's Financial Crimes Network.
Paxful, like LocalBitcoins, is a peer-to-peer cryptocurrency platform where users transact with each other. Like most similar platforms, Paxful does not hold money and acts as an intermediary for its users. Paxful helps connect buyers and sellers, with support for over 300 different payment methods.
At Paxful, you can sell bitcoins by setting your price and choosing your payment method.
The platform supports its own mobile wallet (Paxful Wallet), available on iOS and Android, which allows you to send, receive and store bitcoins in a simple and direct way, and track transactions opened on Paxful :
- Bitcoin and Tether as assets.
- Commissions are applied for crypto selling:0.5% for bank transfers; 1% for bank cards and e-payments; 3-5% for gift cards; No commission is charged for buying cybercurrencies; Paxful will charge a transfer fee for sending funds to an external wallet. $ 0 - $ 9.99 = 0.0001 BTC$ 10 - $ 19.99 = 0.0002 BTC;More than $ 20 = 0.0005 BTC.
- The Paxful Wallet App makes it easy to store and manage coins with your mobile wallet.
- More than 300 ways to buy coins, including bank transfer, credit and debit cards, PayPal, Western Union, and even Amazon, iTunes or Steam gift cards.
- The security of the system is ensured by two-factor authentication, depositing and the obligatory verification procedure when working with large amounts.
- Paxful Wallet for Android and iOS.
HitBTC exchange is an excellent trading platform for cryptocurrency transactions. It has a user-friendly interface, reliability and support for modern tools for a comfortable working environment.
For transactions with digital assets, the HitBTC exchange does not require any mandatory user verification. All registered customers can trade cryptocurrency assets freely using the trading platform's toolkit. However, to have full access to all the features of the exchange, users will still have to undergo verification, all for their safety.
The HitBTC exchange has a number of advantages, which give it a high position among the largest platforms in the cryptocurrency market. You will find a useful toolkit for trading, as well as the ability to buy project tokens at the ICO stage. The promoters regularly list projects with potential. The exchange's reliability is confirmed by positive customer reviews and a long period of activity on the digital asset market:
- 800 currency pairs.
- No commissions for deposits and a fixed commission for withdrawals depending on the coin; HitBTC uses a multi-level trading fee calculation system. The more a user trades, the lower his commission will be.
- No crypto wallet.
- The HitBTC exchange can be replenished exclusively with digital currency.
- The platform provides 2-factor authentication, high-end encryption technology and cold storage of funds.
- No application.
Cryptocurrency attracts traders because of the volatility of its exchange rate. It can fluctuate by tens or even hundreds of percent every day. This volatility in the exchange rate has made digital assets a favorite tool for speculators. Users trade cryptocurrencies to generate quick profits. The most appropriate place for this is the stock market. Each has its own advantages and disadvantages. Choose the site that suits you best; each is good in its own way.