There are quite a number of companies that offer the conversion of Nigeria’s fiat currency Naira as well as money from other digital currencies to Bitcoins.
The trading platforms allow users to buy and sell bitcoins and typically offer a secure platform that includes escrow. They usually attempt to verify does who trade on their platform in other to guarantee a secure environment for their users. Notable examples are Redimit and Buycoins.
It is possible to accept bitcoin payments through your own e-commerce website in Nigeria for your business. There are dozens of online solutions that make this possible. Many of the web wallets listed above also offer merchant services that are fit for purpose.
They would typically offer an API that makes their service work with online store platforms. Popular bitcoin gateways include BitPay, Coingate etc.
It is also possible to go the simple route of simply giving your bitcoin address to the payer. He or she can then simply send bitcoin from their own wallet. This option would typically apply to freelancers and is straight-forward.
There are thousands of merchants that accept bitcoin across the world. For example, Redimit accepts Bitcoins and dozens of other cryptocurrencies like Bitcoin Cash, Ethereum, Litecoin, etc for all the services we offer:
- domain name registration
- web hosting
- Virtual Servers
- dedicated servers
- SSL certificates & more
Other merchants accept bitcoin for a wide range of products and services.