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Due to Recent Events, is Remitano P2P the Remedy for Nigerians to Buy Bitcoin in Nigeria?

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It’s no longer news that the Central Bank of Nigeria popularly called CBN has placed a ban on cryptocurrency in Nigeria. With this ban in place, it is no more possible for Nigerians to buy Bitcoin from their usual exchanges with their debit cards or directly from their Nigerian bank accounts.

What’s worse is that a lot of crypto traders now have their assets stuck in their exchanges as they can no longer withdraw directly to their Naira account. This sudden move by the CBN put the Nigerian crypto community in a state of frustration.

In compliance with the crypto ban, Nigerian commercial banks have begun to freeze the bank accounts of people that are associated with crypto. This ban on crypto placed by the Central Bank of Nigeria has indeed affected the people’s ability to buy bitcoin in Nigeria.

A lot of people have now resorted to buying Bitcoin the old fashion way, offline purchase.  Unfortunately, many of these people have been scammed of their hard-earned money simply because they had to deal with some unscrupulous few who set out to defraud those who want to buy Bitcoin. It’s like being stuck between the devil and the red sea!

So the question on every Nigerian crypto lover’s mind is – “How do I buy bitcoin safely without getting my bank account blocked or getting scammed?” Well, the answer to your question is – “Remitano P2P exchange!

What is Remitano P2P Crypto Exchange?

Simply put, Remitano P2P crypto exchange is an escrowed marketplace where crypto buyers meet crypto sellers. With Remitano P2P, you can sell and buy Bitcoin in Nigeria from anyone without fear of being scammed or fear of your bank account being frozen.

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This is because Remitano acts as an escrow between the seller and buyer to ensure a smooth transaction process.

Remitano P2P is currently the leading P2P platform in Nigeria, South Africa, and several other countries. After being in existence for quite a number of years, Remitano has continuously evolved over the years to provide the perfect marketplace for both crypto buyers and sellers  thereby creating a high level of trust in the crypto community.

Remitano is so confident in their ability to deliver that they guarantee all transactions are completed within 15 minutes of initiation. In the event that a transaction is not completed, compensation of 50% of the transaction fee will be refunded to the user.

In addition to this awesome service, Remitano offers the simplest and easy-to-use user interface that anyone with or without computer knowledge can interact with. Remitano also has a responsive and friendly customer service available 24/7 to provide help to buyers and sellers whenever needed.

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It takes only a few steps to buy Bitcoin and other cryptocurrencies on Remitano. All you need to do is to choose a buyer you would like to buy Bitcoin from, send the Naira equivalent to the seller’s bank account. Once receipt of payment is confirmed, Remitano releases the Bitcoin into your Bitcoin Wallet.

Find out the exact step-by-step process on how to use Remitano P2P to buy Bitcoin by watching this video.

About Remitano

Remitano is a product of Babylons Solutions Limited based in Seychelles. Remitano’s purpose is to offer a robust, quality trading experience to all users as a fast-moving marketplace. With necessary safety standards in place, buyers and sellers can come together, store, trade, and withdraw assets, thus avoiding issues common to other crypto exchanges.

Launched in 2014, Remitano is a global cryptocurrency exchange serving international markets, such as Malaysia, China, Nigeria, Vietnam, Australia, Cambodia, and Indonesia.

Got Questions?

Reach out to Remitano via:

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NaijaTechGuide Team
NaijaTechGuide Team
NaijaTechGuide Team is made up of Experienced Tech Enthusiasts and Professionals led my Paschal Okafor, a graduate of Electrical and Electronics Engineering with over 17 years of Experience writing about Technology. Some of us were writing about Mobile Phones before the first Android Phones and iPhones were launched.

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