How To Get Started With Bitcoin/Altcoins Trading In Nigeria




Often times here in Nigeria people do restrict and confuse Bitcoin trading to buying and selling of Bitcoin which is totally different from the concept of crypto trading.
Buying and selling of Bitcoin deals with buying cheap from a Bitcoin dealer like Luno, Nairaex, and others and at same time selling when the price is high that is buy low sell high.

What is Bitcoin/Altcoins Trading


Bitcoin/altcoins trading otherwise known as cryptocurrency trading can be refer to as trading Bitcoin to other alternate cryptocurrencies on an exchange websites using large amount of capital to take advantage of small prices in a highly liquid stock or indexes. Crypto trading is similar to daylight trading in the stock market.

How To Get Started With Cryptocurrency Trading In Nigeria


Trading Bitcoin to other coins doesn't really requires much what you really need to get started is some capital, your PC (either desktop or laptop) or your smartphone that supports JavaScript preferably go for a laptop it gives you a better view of the charts with a very good browser like chrome and one more thing you need your thinking faculty as your intuition plays a crucial role in crypto trading.

1. The next thing to do is to fund your Bitcoin wallet which you can read up on how to do here.

2.The next important steps is to select the exchange websites which you prefer to use sites you want to use is very important so be carefully a very good one the ones I can recommend for now includes Poloniex, Bittrex, Bitfinex.

3. Visit your preferred exchange sites register with the your correct details after you've successful successfully signed up quickly visit their FAQ a section and read up how to make deposits, withdrawal and other information you need to know.

4. Proceed and make some deposit on your from your wallet to your exchange account make sure the wallet address you are making the deposit to is the correct one given to you on in the deposit section of your exchange account. After your deposit is confirmed and you can account credited then you are good to go and can start trading.

In addition before you start trading it is advisable to at least learn how to study the market very well, know the basics and some do's and don't.
Important: Articles, opinions, or any other information posted on this blog does not constitute investment advice. Never invest money you can't afford to lose. Always do your own research before placing a trade. 

Comments

  1. After your deposit is confirmed and you can account credited then you are good to go and can start trading. bitcoin wallet

    ReplyDelete
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    Renegade Russian Analyst Reveals How To Turn $10 To $100K
    Have you seen this viral video?
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    [Click here to watch this before it’s taken down]
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  9. Putin’s Personal Trader Exposes How To Turn $10 To $100K
    Renegade Russian Analyst Reveals How To Turn $10 To $100K
    Have you seen this viral video?
    The Cryptocurrency Institute have released a video show casing the methods a Putin’s Cryptocurrency Traders uses to generate 10,000% ROI!
    [Click here to watch this before it’s taken down]
    This is shocking.
    I didn’t believe this myself until I saw it.
    See for yourself.
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    ReplyDelete
  10. Putin’s Personal Trader Exposes How To Turn $10 To $100K
    Renegade Russian Analyst Reveals How To Turn $10 To $100K
    Have you seen this viral video?
    The Cryptocurrency Institute have released a video show casing the methods a Putin’s Cryptocurrency Traders uses to generate 10,000% ROI!
    [Click here to watch this before it’s taken down]
    This is shocking.
    I didn’t believe this myself until I saw it.
    See for yourself.
    It will blow you away.

    ReplyDelete
  11. Putin’s Personal Trader Exposes How To Turn $10 To $100K
    Renegade Russian Analyst Reveals How To Turn $10 To $100K
    Have you seen this viral video?
    The Cryptocurrency Institute have released a video show casing the methods a Putin’s Cryptocurrency Traders uses to generate 10,000% ROI!
    [Click here to watch this before it’s taken down]
    This is shocking.
    I didn’t believe this myself until I saw it.
    See for yourself.
    It will blow you away.

    ReplyDelete
  12. Putin’s Personal Trader Exposes How To Turn $10 To $100K
    Renegade Russian Analyst Reveals How To Turn $10 To $100K
    Have you seen this viral video?
    The Cryptocurrency Institute have released a video show casing the methods a Putin’s Cryptocurrency Traders uses to generate 10,000% ROI!
    [Click here to watch this before it’s taken down]
    This is shocking.
    I didn’t believe this myself until I saw it.
    See for yourself.
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  14. Putin’s Personal Trader Exposes How To Turn $10 To $100K
    Renegade Russian Analyst Reveals How To Turn $10 To $100K
    Have you seen this viral video?
    The Cryptocurrency Institute have released a video show casing the methods a Putin’s Cryptocurrency Traders uses to generate 10,000% ROI!
    [Click here to watch this before it’s taken down]
    This is shocking.
    I didn’t believe this myself until I saw it.
    See for yourself.
    It will blow you away.

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