In this piece written by Touhid, we are going to:

Analyze the current bitcoin market.
CoinCola is an OTC bitcoin trading platform so once you find a suitable Bitcoin seller you will get your bitcoin instantly and CoinCola will charge you 0 fee!

Buy Bitcoin with Naira in Minutes on CoinCola OTC Marketplace

With the growth of blockchain and cryptocurrency, many Nigerians are adopting the use of bitcoin currency instead of fiat. Bitcoin was the first decentralized digital currency to be accepted in the world and thus most trusted in the world. Globally, many users and organizations are adopting bitcoin as their currency to trade for goods and services. The currency boast of person to person transaction without no broker, or any financial institution to process the payment, thus less costly and faster.

Cryptocurrency needs a platform where sellers meet buyers who want to buy bitcoin in naira. In Nigeria, you can buy bitcoin with naira on the best OTC bitcoin trading platform, CoinCola.

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CoinCola is an OTC trading platform that focuses on creating a safe cryptocurrency trade for users at Zero fees. If you want to buy bitcoin with naira, all you need to find is a suitable Bitcoin seller and transact at zero fees. While many people are paranoid about scams when transacting with payment, CoinCola has a payment system called ESCROW. Once an order has been made, a seller’s bitcoin is held by the CoinCola in the escrow for 15 minutes, to allow payment processing and once a buyer makes payment and is confirmed, the bitcoin is released into the buyer’s wallet.

Just like any other currency, cryptocurrency fluctuates in value from time to time depending on different economic factors. Monitoring the market trades on the Exchange platform on CoinCola can help you make wise trading decisions. All you need to do is open yourself a free CoinCola account and buy bitcoin in naira in minutes and trade. Creating a CoinCola account can be done through the app or the website. CoinCola app is available both for iOS and Google users on the Appstore and Playstore respectively. You can also sign up for your account through CoinCola.com website. On creation of your account, you are assigned a digital wallet where you will store your coins after you buy bitcoin with naira.

How to buy bitcoin with naira?

Step 1: Find a suitable seller

The first step is to find a seller who is selling bitcoin for naira. There are many sellers on the platform requesting different currencies for bitcoin. Using the filters for currencies select Nigerian Naira NGN will bring you results for all sellers selling bitcoin for Naira. From the list of sellers, find your suitable seller and Click BUY BTC (BTC is the short form for Bitcoin).

The ‘Buy Bitcoin in Nigeria’ Page on CoinCola

Step 2: Confirm order

BUY BTC will redirect you to the transaction window. Here, you define the amount of naira you want to exchange. The platform has an exchange tool that will calculate how much bitcoin you will earn from a certain amount of naira. In the exchange panel, insert the amount you wish to buy bitcoin in naira and it will calculate how much will be dispersed on your account. Confirm order.

Step 3. Chat with seller

CoinCola provides a live chat for the buyer to communicate with the seller. Chat with the seller and agree which mode of payment he or she wants to accept for the bitcoin. Meanwhile, the bitcoin in question is held in the Escrow for fifteen minutes, which means, you have that period of time to make payments. Sellers on CoinCola accept payment through different payment methods such as PayPal, bank transfer, western union, bank deposit, and many others. What makes CoinCola the best OTC bitcoin trading platform is the freedom at which buyers and sellers have when it comes to making payments for their transaction.

Step 4. Payment

Once you have agreed on the payment method, within the tickling time, and you have made the payment, mark the transaction as paid. This will notify the seller as well as CoinCola that you made payment. Once the sellers are satisfied with the payment, he or she will release the payment to you. Your CoinCola wallet will be credited with the bitcoin you just bought. Depending on the payment method used, the transaction can only take a few minutes at zero transaction fee.

In case there is any dissatisfaction with the transaction from either the seller and the buyer, what makes CoinCola the best OTC bitcoin trading platform is that you can open a dispute and CoinCola can intervene, making it a very safe OTC platform.

BONUS: Trading Bitcoin on CoinCola and Get Free 0.0001BTC Instantly.