The economic downturn in Nigeria has increased the usage of bitcoin and other cryptocurrencies to levels never previously seen. In February 2017, there were just $1.3 million in transactions. By 2020, there will be over $200 million in daily transactions. Due to the spike, hundreds of people are trying to open wallets and purchase or Sell Bitcoin In Nigeria on various exchanges. Investing in bitcoin might seem difficult for a newbie in Nigeria, but it is a lot simpler if you break it down into manageable steps. Bitcoin Is Divisible You must first realize that you can purchase only part of the bitcoin at a time. Satoshis, a type of cryptocurrency unit, are created from each bitcoin. It may be divided by eight decimal places (0.00000001). This indicates that one Satoshi is equivalent to one hundred millionth of a bitcoin or one bitcoin is equal to 100 million Satoshis. Accordingly, you may purchase any units based on your risk tolerance. You may be able to purchase a different quantity ...