if binance not accept my authentic for 2fa what i have to fo

In this post, I volition exist discussing the vii top crypto trading platforms used past near Nigerians.

Over the years, crypto trading has come up to be accustomed by many Nigerian entrepreneurs.

This is because it helps for easier access to the international markets.

The booming of crypto trading in Nigeria can also be attributed to:

• the significant fall in the value of the Nigerian Naira since 2013
• a meaning rise in the value of Bitcoin within the aforementioned period

Cryptocurrencies are not yet recognized as legal tender past the Central Bank of Nigeria (CBN).

Just there are many companies in Nigeria that accept Bitcoin and other altcoins.

Examples of such companies are Belfrics Nigeria Pvt Ltd, Cadex Vendors, Seabold Valley Limited, due east.t.c.

Yous can nevertheless buy cryptocurrency with the Nigerian Naira or y'all can convert them to Naira or altcoins at exchanges.

Read more than: 10 Best Exchanges to Purchase Bitcoin in Nigeria(2022)

Some of the exchanges that Nigerians use by and large include:

• Luno
• Quidax
• Binance
• Bitfxt
• Bitstamp
• CEX.IO
• HitBTC

I made a tabulated presentation below:

The details are as follows:

1.  Luno

Luno was founded in 2013 in Singapore.

It serves more than 40 countries including Nigeria, South Africa, Europe, and others.

The company was initially chosen 'Bitx' but changed its name to 'Luno' in 2017.

It supports 5 fiat currencies including the NGN and the following cryptocurrencies:

• Bitcoin
• Ethereum
• Bitcoin Greenbacks

Options for payment are dependent on your land.

For instance, those in Europe can brand payments through SEPA and credit/debit card and those in Nigeria can pay via bank transfers and Naira debit cards.

Read as well: Luno Review (2019 Update) | The Complete Review and Comparison

Visit Luno

---

2. Quidax

Quidax was founded in 2018.

It is an African-focused cryptocurrency exchange.

It provides a platform for sending, receiving, storing, buying, and selling of digital currencies.

The company provides the post-obit services:

• Instant Purchase and Sell
• Wallet Services
• Exchange of Cryptos

Recently, Quidax deployed a new feature that added an extra layer of security to users' accounts specially those that do non have 2FA activated on their account.

This new characteristic introduces email verification for every withdrawal transaction.

This simply means that each time you want to send cryptos or withdraw, you volition receive an electronic mail to ostend your withdrawal.

Notation that this feature does not serve as a substitute for 2FA which is highly recommended for all users.

For payments, Quidax supports the Nigerian Naira and the following cryptocurrencies: Bitcoin, Ethereum, Tether, Litecoin, Ripple, and Dash.

Read further: Quidax Review & Comparing – 7 Key Things to Know Almost the Fastest Growing Exchange

Visit Quidax

---

3. Binance

Binance is a trading platform that supports more 1oo altcoins.

Information technology was launched in 2017.

It has come to become the leading global digital asset exchange with users from over 180 countries.

The visitor comprises of several arms like Binance Labs, Binance Launchpad, Binance Clemency east.t.c

Despite losing more 7,000 BTC to a large scale hack from its platform in May this year (2019), it just received an ISO/IEC 2700 accreditation.

This is a universally recognized information security direction system issued past the International Security of Organisation(ISO).

It supports the Nigerian Naira and other fiat currencies, cryptocurrencies, depository financial institution transfer, and credit/debit cards as payment options.

Read more: Binance Review (2019) – My Astonishing Review

Visit Binance

---

4. Bitfxt

Bitfxt is an exchange where persons and businesses tin can purchase, sell, store, and learn about digital currencies.

It is based in Lagos, Nigeria.

Information technology has Franklin Peters as its CEO.

A team of over 60 experts in finance and applied science pilots its affairs.

Its services are global.

This is because there are no known restrictions on any country at the moment.

The supported fiat currencies are:

• Nigerian Naira(NGN)
• Kenyan Shilling(KES)

Bitfxt team is working on other payment gateways to support Ghana Cedis(GHC), Ugandan Shilling(UGX), South African Rand(ZAR), e.t.c.

Payments can be made via Wire transfer and Credit/Debit cards but are currently working on integrating Skrill which is a global payment gateway.

The company supports the following cryptocurrencies:

• Bitcoin
• Ethereum

Bitfxt appear an upgrade on its user interface on 29th September 2019.

Some of the added features include:

• The Boundlesspay coin prepaid card: This is straight linked to the accounts of users
• A smart drop feature: Allows users to earn monthly rewards of diverse cryptos for staking their coins.
• A voting role: This allows users to vote for their favourite coins to be listed on the exchange
• An IEO characteristic: Through this, new projects are vetted to give its users admission to new cryptocurrencies which will be listed and at lower prices
• A chat feature which fosters advice amongst users
• A referral program which helps users earn amazing rewards when they bring new people on lath.

Note: Bitfxt has launched an Initial Exchange Offering(IEO) for its Boundlesspay Coin(BXTC) on 2 platforms:

• bitfxt.com
• shortex.net

The IEO is going to run for 30 days.

Inside this period, about iii million coins volition be available for grabs.

At the end of the IEO, trading will start for BXTC on Shortex, Bitfxt, and other exchanges that will be appear soon.

Visit Bitfxt

---

5. Bitstamp

Bitstamp was founded in 2011 and is a European based exchange.

Information technology is bachelor in more than fourscore countries.

The supported cryptocurrencies are:

• Bitcoin
• Bitcoin Cash
• Ethereum
• Ripple
• Litecoin

The fiat currencies are USD and EUR.

Its payment methods are credit/debit cards, bank transfer, and fiat currencies(USD and EUR).

Read also: Bitstamp Review 2019- A Complete Beginner's Guide

Visit Bitstamp

---

half-dozen. CEX.IO

CEX.IO is a crypto trading platform that started off in 2013 as a Bitcoin mining pool.

It has since transitioned to the commutation model.

It has more than 2.seven million users and serves up to 90% of the globe.

In gild to assure its users of its genuineness, information technology actively pursues regulated status all over the world.

In simply 2019, it has obtained licenses to operate in 9 states of the U.s.a. with many more to come.

Its payment options include cryptocurrencies, bank transfer(SEPA, ACH, e.t.c.), and Visa/ MasterCard.

The fiat currencies supported are USD, EUR, GBP, and RUB.

Though it does non support the NGN, you tin always pay using your Visa/MasterCard.

Read more: CEX.IO Review (2019) – What Y'all Should Know

Visit CEX.IO

---

7. HitBTC

HitBTC was founded past experienced system architects and technology experts in 2013.

It is run by HIT Solution Limited, a Hong Kong-based company.

The platform offers tools and features that will enable users to engage in real-time trade with high reliability.

The visitor was the outset on the market to offering automated and traders reliable and fast REST, WebSocket and FIX API.

It has more 800 trading pairs and over 500 spot instruments supported.

Supported cryptocurrencies are:

• Bitcoin
• Ethereum
• EOS
• Litecoin
• Tron, e.t.c

Its fees schedule is as follows:

From the fees schedule, it can be seen that the fees reduce with the increase in trade book.

Payment pick: Credit/ Debit Cards

Read more than: Adapting API Automation to Your Crypto Trading Strategy

Visit HitBTC

---

Conclusion

So at that place you accept the top Crypto trading platforms used by almost Nigerians.

Now tell me: Accept y'all traded cryptos before?

What was your experience?

Have you lot used any of the exchanges I mentioned?

Is at that place whatsoever substitution that y'all feel should make this list?

Merely permit me know your answers in the annotate section at once.

And do share this postal service using the social media buttons below.

byerscablecony98.blogspot.com

Source: https://www.nigeriabitcoincommunity.com/crypto-trading-platforms/

Share this post