Free Access To Email Exclusive ContentGet notified and be the first to know when new & hot content drops
HomeCryptocurrencyBitcoin | Online Stores That Accept Bitcoin in Nigeria

Bitcoin | Online Stores That Accept Bitcoin in Nigeria

Date:

You may not know this, but Bitcoin is still relatively new to many Nigerians, especially those who are not tech-savvy. As a result, just a few business owners will allow customers or clients to pay for goods and services with cryptocurrencies like Bitcoin. 

In addition, even those that accept such transactions may not have what it takes to process them. But that notwithstanding, so many online stores accept payment with Bitcoin, and they have all it takes to process a secure and fast transaction. 

So today, we will discuss some legit online stores that accept Bitcoin as payment for products and services in Nigeria. 

 

What is Bitcoin?

Bitcoin

Bitcoin is the most widely recognized and the first cryptocurrency. It is a virtual currency designed to be used in place of our regular flat currencies and to make payments for products and services. The best part is that any group of people or organization does not control the currency; hence, there is no third-party involvement in these transitions. 

A group of developers called Satoshi Nakamoto introduced the cryptocurrency in 2009. However, today it has become very popular and expensive, and it has also inspired the development of other cryptocurrencies across different countries.

These new competitors either strive to create new financial technologies or try to replace Bitcoin, which has been impossible. So till today, Bitcoin remains the most widely known and trusted digital currency worldwide.

Online Stores That Accept Bitcoin in Nigeria

Bitcoin

If you are new to the world of digital currencies, you may need to learn certain things to understand the technology better; however, for those already acquainted with Bitcoin, here are ten confirmed and reliable online stores that accept Bitcoin as payment in Nigeria. 

See also  Binance vs. Crypto.com - An In-depth Comparison

CT Mastery

 

This is a one-stop crypto trading platform designed to help you understand the concept of cryptocurrency and how to trade with it profitably. They have a walk-in office in Port Harcourt, Rivers State, but you can access their services online.

CT Mastery supports Bitcoin and other currencies like Ethereum, Litecoin, BKY, etc. 

 

Shinapwon Infotech

 

Shinapwon Infotech is a shop that sells phone accessories like chargers, AirPods, phone cases, etc. Their walk-in shop is located at Gbaremu Market, Ibadan, Oyo State, and they accept Bitcoin, Paypal, and Payeer for payment. 

 

CloudSMS

 

CloudSMS is one of Nigeria’s leading SMS HTTP/SMPP gateway providers; it is a subsidiary of CloudWare Technologies that makes communication between families, business partners, and friends easy, fast, and affordable.

The office is located in Lagos, Oyo, and Abuja, and they accept Bitcoin, XRP, ETH, BCH, USDT, LTC and EOS for payments.

 

See also: How to Start a Fashion Business in Nigeria

Regal Flowers

 

This is one of the best walk-in and online flower shops in Lagos; they deliver luxurious fresh flowers to clients within the state and accept BTC as payment. You can walk into the Regal Flower shop at Ikoyi, Lagos State, or visit their website to buy flowers of your choice. 

 

EP Fashion Hub

 

EP Fashion Hub sells unisex designer wear and fashion accessories, and they have a walk-in shop in Asaba, Delta State. They support Bitcoin for payments, but that is the only cryptocurrency they accept.

 

Minku Designs

 

Minku Designs is an online store that sells handmade leather products and unisex clothes. They have an office in Lagos, and they accept BTC. 

See also  Piwbit: Transforming Your Digital Asset Trading Journey

 

Fasttech

 

Fasttech is one of the best e-commerce sites in Enugu; they accept many types of cryptocurrencies, including BTC, LTC, USDC, ETh, etc.

 

NotJustBrands

 

This is a media management and brand consultant firm. They assist new and old businesses to start up a brand and maintain an excellent online presence. The company is located in Osun State, and they accept BTC as payment. 

 

Hancarri

 

If you are looking for an online store that sells good quality foot and stock wears, Hancarri is the one for you, it is located in Asaba Delta state, but you can access their products online. Also, they accept BTC as payment. 

 

Gigalayer 

 

Gigalayer deals with the development of platforms for web hosting and domain names. They accept BTC and other cryptocurrencies and have an office in Lagos. 

 

How to get Bitcoin in Nigeria

Bitcoin

Bitcoin can be purchased from different exchange platforms and stored in a digital wallet for as long as you want. Some reliable platforms where you can purchase Bitcoin are Binance, Buycoins, Quidax, etc.

These exchange platforms have made the purchase and use of cryptocurrency very easy. They have been around for a while, and they all have different features that you might want to consider before using them. 

However, the essential things to look for are reliable customer service, speed, good customer reviews, and affordable gas fees. 

See also: How to Start a Thrift Business in Nigeria

After reading this article, about where to spend your Bitcoin and how to get it if you do not already have some, it wouldn’t be a puzzle anymore. Rather, how to be successful in the market and industry will now be your major concern. So it is advisable to tread with caution because the market is well known for its abrupt fluctuations in the price and value of coins.

See also  Forex vs Crypto, Which is Best for Beginners
Free Access To Email Exclusive ContentGet notified and be the first to know when new & hot content drops

Trending

1 COMMENT

  1. If you are looking for an online store that sells good quality foot and stock wears, De Kingsmen Collectionz is the one for you, it is located in Enugu state, but you can access their products online. Also, they accept BTC as payment.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recommended for you

Free Access To Our Email Exclusive ContentIn investing, what is comfortable is rarely profitable.

Join thousands of subscribers benefiting from our exclusive premium content on savings, investing, small business, marketing, real estate, e-commerce, and logistics.