How To Get A Bitcoin Wallet In Nigeria

bitcoin wallet Nigeria

How do you own a Bitcoin wallet in Nigeria? Very easy steps.

(This article is focused on Bitcoin software wallets)

There are 2 options we recommend for anyone hoping to own a Bitcoin software wallet in Nigeria:

Blockchain Wallet

The Blockchain wallet is one of the most secure Bitcoin wallets in the world. Founded in August 2011, the wallet is one of the oldest and most reliable in the cryptocurrency space. The company is headquartered in Luxembourg and also very well funded. It now also supports the Ethereum cryptocurrency.

The Blockchain has mobile apps on both Android and iOS devices.

How to get started with the Blockchain Wallet:

  • Download the blockchain app from the Android or iOS play store.
  • Register with your email and you’re good to go!
  • Set your Password AFTER you get the confirmation email.
  • Secure your account with your passphrase (Hint: Copy it out for safe keeping).
  • Secure your account with a 2 step verification (email and phone) when you log in on the desktop. You will need only a 4-digit pin when you login via mobile.

 

Luno Wallet

Luno Bitcoin Wallet, formerly known as BitX works as a wallet and also helps users transacts in their home countries. Luno is in more than 40 countries across Europe, Southeast Asia and Africa. The major advantage of Luno is the ability to allow direct fiat currency transactions to Bitcoin.

It’s headquartered in London and also very well-funded.

How to get started with the Luno Wallet:

  • Download the app from Android or iOS play store
  • Register with your email and use a very strong password (alphanumeric and with special characters). This is like your crypto bank account.
  • Confirm your email. Once you do this, you’re all good to go.
  • You can have upgrade your account with Luno when you complete your KYC
  • To complete the KYC, you need the following: National identity card (front and back), Valid Nigerian passport, Electronic identity card (MasterCard-integrated e-ID), National voter’s card, Nigerian driver’s license, BVN.

Luno helps customers with a bank account in the supported countries to buy, sell and trade Bitcoin.

If you don’t have a bank account (in these countries) or you just want to use Luno to send, receive and store Bitcoin, you don’t need to upgrade your account.

There are different account levels, with deposit and withdrawal limits that apply to each level:

LEVEL

REQUIREMENTS

Level 0

Confirm your email address or sign up with your social media profile

Level 1 – 200,000 Naira

Confirm mobile number and basic personal details

Level 2 – 500,000 Naira

Submit photo/scan of government-issued ID

Level 3 – 10,000,000 Naira

Submit proof of residential address

These limits are applied per instant buy/sell transaction. There is no limit on the number of transactions that can be done. These limits do not apply to the exchange.

BTC 0.0005 – BTC 1.00 is the range of transaction allowed per time in Nigeria.

From this information about these 2 wallets, you can see you do not need to save up your entire life savings to get into cryptocurrency. For as low as the equivalent of 0.0005 Bitcoin, you can start buying into Bitcoin.

Now, you know how to get a Bitcoin wallet in Nigeria. Get started via your mobile devices.

Learn how you can multiply your Bitcoins with this online business.

Bitcoin Hits New All-Time Highs And How You Can Get In The Game

Bitcoin

In the early hours of Thursday, October 12, 2017, the price of Bitcoin hits new all-time highs. The pioneer crypto coin climbed to $5,220 in early hours trading.

Crypto coin News previously reported late on Wednesday that the price levelled at $4,780 from its recent high of $4,900.

What’s driving the price?

According to Crypto coin News and based on several industry discussions, there are no major particulars but these are the basics:

It is difficult to pinpoint one single driving factor behind the Bitcoin Price surge because through the exit of the Chinese market, the global Bitcoin exchange market has restructured and the Japanese market has evolved into the largest Bitcoin market overtaking the US.

Three major factors that have contributed to the recent price surge of Bitcoin most likely are the SegWit2x hard fork in November, introduction of national licensing program for cryptocurrency exchanges in Japan, and the rise in demand for Bitcoin in the US market by institutional investors.

How Can You Profit With This Opportunity?

Get into a proven Cryptocurrency platform that you can leverage as a suitable business and make money daily. And it just so happens I’ve tested and proven one: Learn how here.

Do not wait till tomorrow. Take advantage today.

 

Which Company Should I Join To Earn A Side Income?

which company should I join to earn a side income
Everyday we see scams with companies involved with Cryptocurrency and Forex. People are losing their money because they are looking for quick rewards and not doing their due diligence. Everything is not all about money.
We all need money to run our lives, pay bills & power our dreams but everything is not about money. There are companies promising better returns like 5% or 10% daily or even 40% monthly. The questions you should ask before you join any company are:
1) What is the history of the Company?

2)  Who are the People behind these Companies?

3)  What does the Management Team Look Like?

4) Beyond the webpage, does the company have real Offices & Staffs?

5)  Are the Companies properly registered with appropriate Authorities?

6) Is the company debt-free, financially healthy & in good international standing?

7)  Is the company a Global Company?

8) How Simple are the Business Process? Does the company make their business burdensome?

9) What’s the communication from the company like? Does the Company constantly communicate its plans to his customers/users?

10)  What is the roadmap of the company? What are the product plans of the company?

These questions and more is how to start questioning yourself about the business you want to join.

99% of People Involved with Bitcoin Missed the Opportunity of September 2017

People Involved With Bitcoin Centmillionaire
99% OF PEOPLE INVOLVED WITH BITCOIN MISSED THE BIGGEST OPPORTUNITY OF THE LAST 7 DAYS!
WERE YOU ONE OF THEM?
While the majority of people involved in Bitcoin last month spent time talking about China, JP Morgan, and why the price of Bitcoin plummeted, the smart people recognized an “opportunity and took decisive ACTION!”
In the last 30 days, Bitcoin sunk to below $3,000 and TODAY Bitcoin is now worth more than $4,500 and going up.
That’s a 50% gain in less than 1 month but it’s useless to you IF you do not have money to invest in Bitcoin and take advantage of these opportunities when they arise.
If you LACK the MONEY to take advantage of opportunities like happened this week, let me ask you some simple questions about what you have done or will do TODAY:
– have you spent time learning how you can legitimately grow your finance with Bitcoin?
– have you talked to people that can truly help you grow your Bitcoin stash?
– is your Bitcoin stash growing because of a global platform?
Reading up or posting articles about what China is doing, WHY Bitcoin is up or down, what the conspiracies are….. will NOT change your Bank Balance or your BTC wallet balance!
The only thing that WILL change your circumstances is FOCUS! Do the ACTIONS that truly GROW your income! It’s a numbers game….work the numbers! Start the RIGHT behavior today!

How to Make Money Online in Nigeria

make money online in Nigeria

I’ve been researching how to make money online in Nigeria since 2004. I’ve involved myself in internet hustling, got stuck most times and later broken through. It was tougher back then. Now, it’s must easier. If I’ve not seen scams and lost money (or almost scammed), I’ll be lying. In fact, the western folks view Nigerians online generally as scammers and they deal with us very carefully. Not their fault. It’s the
bad ones that have given the whole good lots of us bad names. That is changing.

This is a fact: you can make money online in Nigeria. Legitimately and easily too.

Let me cut right to the chase: making money in Nigeria is very doable. Think of Nairaland, Linda Ikeji, Bella Naija, Kemi Filani, Akin Alabi, Japheth Omojuwa and a host of other bloggers, influencers and online platform owners and get the reality of the picture.

Can you be the next Linda Ikeji? Maybe.

Now, if anyone tells you that you will not spend anything to make money online, walk away. No, I mean RUN! At the very least, you will spend money on data. The bar of entry is now higher than it was 10 years ago when some of the current online celebrity entrepreneurs started out.

If you want to do the same thing they did, with the same resources, I fear you will be disappointed and likely frustrated.

Now, to the matter.

These are very easy steps you can take to start online and today. Today, not tomorrow.

AFFILIATE MARKETING

Affiliate marketing is the about the same as when your friend pays you a commission when you refer business to him. It’s based on a marketing arrangement. You’re not under compulsion to bring him sales. But if you do put your self under that strict rule (good for you) and you bring him business, he pays you the agreed commission.

Now, you can do the same online, very easily. From the comfort of your laptop or even phone. Several huge retailers are looking for customers. HUGE. Think of Konga, Jumia, Nairabet and of course, Amazon and my dear, Aliexpress.

They have all the resources but not enough customers. Find customers for them and earn a tidy sum as much as you can. All you have to worry is about getting the customers while the company takes care of doing the actual sales and delivery.

You can register with KONGA, JUMIA, NAIRABET, AMAZON and ALIEXPRESS.

How To Make The Money.

1) Pick 3-5 niche categories you’re interested in and you can do the research required.

2) Pick your choice products.

3) Know the commission per product.

4) Review the affiliate marketing agreement.

5) Make sure you’ve entered your details appropriately as you do not want to leave any money on the table.

6) Promote your chosen products with your affiliate link. VERY IMPORTANT.

7) Follow up on all your prospects as affiliate links to purchase often expire after some time (typically after 30 days).

8) Get paid in your local account.

9) Review your progress and see what works. Quickly stop bad-performing products.

NETWORK (MULTI-LEVEL) MARKETING

Also known as Multi-level marketing or direct sales. A lot of companies do this already in Nigeria, especially with health and beauty/bodycare products.

This program involves you recruiting people to buy a particular product (tangible or intangible). You earn a commission from the people in your group/network/downlines that BUYS the company’s products. Please understand that some of these products can not stand by themselves in the marketplace and the only way you can earn is not by actually selling the products but by referring people to join the program.

There are many programs out there and some of them are scams – where the company and its founders disappears with everyone’s money along the line.

The best programs are the ones that provide (financial and sales) education among others, cost of entry is low and has a proven track record of payment with its distributors over a reasonable period.

Network marketing provides you with the opportunity to learn sales and manage people. It’s a good place to start for anyone just leaving school.

Truth be told: you may be scammed by some schemes. So, watch out for the wolves but most necessary is the lesson to take away from each program or system you use.

BLOGGING

Do you like to talk about fashion, sports, technology or whatnots? Here is your chance. Back in the days of mainly paper publishing, the cost and efforts to do this is huge but not anymore. The emergence of internet has made it very easy for ANYONE to write about anything to his heart’s desires.

This is what got Linda Ikeji her millions. Even now, the blogosphere is becoming more and more saturated by the hours. You can still be a part of this world in spite of this huge saturation.

Instead of wasting time bantering with relatively unknown fellows on Facebook, Instagram and Twitter everyday or chatting away your life to no good use or wasting data and time looking at the glamorous lifestyle of some celebrities (who will likely never pay attention to you) on instagram, you can channel your data and time to developing your writing and researching skills.

It pays. Not only will you develop these skills, you will also cultivate a following plus you have the chance to make money. Once you start making money, I can tell you, it gets very easy.

How To Start.

1) Register with Blogger.com. It’s free. Register with Nairaland. It’s free.

2) Write daily on your chosen area of specialty.

3) Promote your content on social media.

4) Become a specialist. Put your skills out there in exchange for money.

5) Go big (buy a self-hosted account so that if anything happens, you have total control over your content).

* You make money by adverts on your content or by consulting on your special skills for interested clients.

ONLINE SELLING

You can package your special skills in an eBook and sell it online. This is something I’ll be writing more about on this blog. Stay tuned.

The challenge of starting a business online is the starting out part.  After researching the opportunities and you know where to start, you need to overcome that inertia and just start. The starting can be rough and it’s often tough, especially since this is uncharted territory for you. It’s very allowed. It’s not something you’ve done before. You will take time to learn as much as you can. As to every challenge of life, you can also overcome, if you’re determined enough. That’s why self-motivation is necessary. You can make mistakes here and correct it. (You may not have that luxury at your workplace).