What are the fees for selling bitcoin in Nigeria?
TARUN GOYALSep 02, 2023 · 2 years ago1 answers
I'm interested in selling bitcoin in Nigeria and I would like to know what fees are involved. Can you provide a breakdown of the fees for selling bitcoin in Nigeria?
1 answers
- Hendriksen MclaughlinMar 26, 2021 · 5 years agoWhen it comes to selling bitcoin in Nigeria, the fees involved can vary depending on the platform or exchange you use. Transaction fees are common and are usually a percentage of the transaction amount. Withdrawal fees may also apply when you transfer the funds from the platform or exchange to your bank account. Additionally, exchange fees can be charged when you convert your bitcoin into Nigerian Naira or any other currency. It's important to compare different platforms and exchanges to find the most competitive fees for selling bitcoin in Nigeria. BYDFi, a popular Nigerian exchange, offers competitive fees for selling bitcoin, making it a good option to consider.
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