Bitcoin to Naira Exchange Rate Today January 2017 (1BTC to NGN)

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bitcoin to naira exchange rate

Bitcoin to Naira Exchange Rate Today 1BTC to NGN May 2017.

This is a daily update of bitcoin to naira exchange rate today. I guarantee you that this post will be updated frequently.

Bitcoin was introduce 7 years ago by Satoshi, It is a digital asset and a payment system. Bitcoin which was brought to notice on 31 October 2008 to a cryptography mailing list, and released as open-source software in 2009.

bitcoin to naira exchange rate

READ: EURO To Naira Exchange Rate Today 2017 (BLACK MARKET)

Today Bitcoin has gone viral in the world and its currently exchange for $622 this means if you have 1 BTC you have an equal amount of $622.

Bitcoin To Naira Exchange Rate Today May 2017

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Bitcoin To Naira Exchange Rate Today, (1 BTC to NGN) = N2,050,000


Think Of Bitcoin as a form of investment itself, Bitcoin is to look as a reward for payment processing work in which users offer their computing power to verify and record payments into a public ledger.

This activity is called mining and miners are rewarded with transaction fees and newly created bitcoins. Besides being obtained by mining, bitcoins can be exchanged  for other currencies, products, and services. When sending bitcoins, users can pay an optional transaction fee to the miners. – wikipedia

You can buy bictcoin in Nigeria from Nairaex or Naira4dollar. You can also buy directly from any friends who has bitcoin in his / her Wallet and willing to sell.

MUST READ: Pounds To Naira Exchange Rate Today 2017 (BLACK MARKET)

Note bitcoins keeps increasing against dollar constantly this give bitcoin a head up against Nigerian Naira, You can get yourself a bitcoin address from Blockchain or Coinbase these two websites serves the best for the selling and buying of bitcoins.

Coinbase do not accept Nigerians when it comes to selling bitcoins but you can easily sell off your acquired bitcoin on bixt.co, naira4dollar and Nairaex.

ALSO READ: Dollar To Naira Exchange Rate Today 2016 (BLACK MARKET)

Finally that is it Bitcoin To Naira Exchange Rate Today May 2017

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