Bitcoin, for all its intents and purposes, is a digital currency. It does not exist in physical form and hence cannot be stored physically. In order to store bitcoins, you need a bitcoin wallet.
Just like the conventional bank, before you can use bitcoins, you need a way to store it. This is what a Bitcoin Wallet does. With Prestmit wallet, you can receive Bitcoin to the best bitcoin wallet in Nigeria from anywhere in the world without questions, or delays, and zero fee.
However, Prestmit, which is one of the best apps to sell bitcoins, offers a strictly sell service if you are looking for where to buy and sell bitcoin in nigeria. Bitcoins sent to your wallet address are automatically converted to naira using the current corresponding rates.Create Prestmit Account
When you create an account with Prestmit, you instantly get an operational bitcoin wallet that solely belongs to you with which you can sell BTC for naira.
The customer support is always available to provide answers to your questions but here are some most asked questions.
It's automated and straight forward. All you have to do is send the bitcoins to your bitcoin address and WAIT for 3 confirmations. Once it gets 3 confirmations on the bitcoin network, the naira equivalent will be added to your wallet and you can withdraw it at anytime. Always ensure to check the rates before you send bitcoins. .
The naira rate of bitcoins in Nigeria varies. Most times, it goes along with the USD to NAIRA rate but can also be affected by other factors. You can see current bitcoin rates on Prestmit on your bitcoin wallet page.
Unless a bitcoin transaction gets at least 3 confirmations on the bitcoin network, it is not considered 'safe'. So, waiting for 3 confirmations is used to avoid fraud and ensure transaction non-reputability.
This typically takes within 15-30 minutes. But at the same time, it depends on how busy the bitcoin network is and the transaction fee used when sending.
Click here to download Prestmit App. With this, users are closer to the platform, and can carry out transactions easier than ever.