How to buy cryptocurrency

Bitkoin Africa is a community of various users willing to buy or sell cryptocurrency – Bitcoin, Bitcoin Cash, Litecoin, and Ethereum – in Nigeria. Buying cryptocurrency on Bitkoin Africa is safe, secure and stressfree. This is because we provide escrow services; meaning that all cryptocurrency intended for sale is first deposited by the seller, held by Bitkoin Africa, and then dispensed to buyers. So you are protected from fraud and can be sure to get value for your money.

Also, because the seller has already deposited the cryptocurrency they intend to sell, you don’t need to communicate directly with them. You interact only with the Bitkoin Africa platform and can be sure to receive your cryptocurrency as soon as you make your payment. There’s no need for the seller to confirm a payment receipt before your  Wallet can be credited.

To be able to trade on Bitkoin Africa, you need to have an account and/or be logged in. If you don't have a Bitkoin Africa account, you can find out how to create one here.

Step 1: Go to the Bitkoin Africa trading page

You can get here from the homepage or by clicking the ‘Buy/Sell’ link on the top right part of the navigation bar. From there, select the ‘Buy’ option, select the cryptocurrency you wish to buy, type in how much you’d like to buy, then click ‘Search’. 

Step 2: Select your preferred seller

Choose who you’d like to buy cryptocurrency from. The search results page will show sellers, the rate at which they’re willing to sell, and the minimum and maximum amounts they are willing to sell. Select the seller you think has the most profitable offer and click the ‘Buy’ button on the row with their details. 

Step 3: Review and confirm

After clicking ‘Buy’, take a few minutes to review the transaction. Cryptocurrency transfers are irreversible so it’s best to make sure all the details are correct before you click the confirm button. 

Step 4: Buy instantly

After reviewing and confirming your transaction, all that’s left to do is buy. Click the ‘Buy instantly’ button to buy from the seller of your choice. 

Step 5: Choose your payment method

After you click ‘Buy BTC instantly’, a payment window should pop up, giving you the option of paying with your card or via your bank account.

Pay with card

If you’re paying with your card, enter your card details in the appropriate fields and click ‘Pay’. 

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That’s all!  

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Pay with bank

If you’d like to pay via your bank account, select Pay with Bank’ on the payment window. This option is currently only available to users with bank accounts in:
  1. Access Bank 
  2. Diamond Bank
  3. Fidelity Bank
  4. First City Monument Bank
  5. Guaranty Trust Bank
  6. Zenith Bank
To buy bitcoin via your bank account:
  • Select your bank from the drop-down menu.
  • Verify your account by entering your account number and clicking the ‘Verify Account’ button.
 
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  • Enter your date of birth and the one-time password (OTP) that has been sent to your phone, then click ‘Complete Registration’.

buy_bitcoin_with_naira
 
  • Another OTP will be sent to your phone. Enter the second OTP and click ‘Pay’.
  • That’s all!

buy_bitcoin_instantly_with_bank_account

Step 6: You’re done!

You have successfully bought cryptocurrency on Bitkoin Africa. Your new purchase will reflect in your Bitkoin Africa wallet balance.

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To access your Bitkoin Africa wallet, go to the Wallet menu on the navigation bar and select the cryptocurrency wallet you wish to view from the drop-down menu.




Other guides that can help make your Bitkoin Africa experience better include: How to sell cryptocurrencyHow to post a trade, and How to set up your Bitkoin Africa account.

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