Vetted WhatsApp group for buying and selling gift cards, cryptocurrency, and other digital products in Nigeria

One of the several advantages of marketplace like WhatsApp group is that it increases competitiveness, making it possible for buyers and sellers to buy and sell products and services at the best prices possible.

Another advantage of WhatsApp group marketplace is that, members of such groups are kept up-to-date with trends, news, new ideas and changes that affect their businesses.

Buy and sell cryptocurrencies like bitcoin, ethereum and others digital assets from anywhere in the world using a vetted WhatsApp group in Nigeria. Negotiate deals online and get the best price.

I've created a WhatsApp platform where buyers and sellers can meet together to trade any digital products and other relevant cryptocurrencies like bitcoin using a trusted third-party party as an escrow to secure transactions. This idea was spurred out of the need to have a genuine WhatsApp group where digital products, cryptocurrencies, bitcoin, fiat currencies like NGN and USD, and others can be traded safely and securely using an exchange platform where buyers and sellers can actually determine and agree upon price of products or services. An opportunity to buy and sell crytocurrency at your own agreed and convenient rate instead of succumbing to the prevailing exchange rate. Isn't that cool?

About the platform

The platform is the first digital assets exchange platform where people can buy and sell US dollars, ecurrencies, cryptocurrencies, gift cards and other digital products at their own agreed rate using a trusted third-party as an escrow to secure their transactions . There's also an opportunity to sell at a higher price or buy at a lower price.

Buyers and sellers can place advertisement or order in the group, check the group for advertisement about service they need and respond to requests/orders from members of the group.

The members in the groups are verified businesses or individuals with long term reputation of good character, honesty and integrity. Many of the members identity are verified and new members added are also carefully and rigourously vetted to ensure quality.

There are rules and regulations guiding the conducts of members which must be strictly adhered to, with erring members removed or punished.

Members also have the opportunity to use a trusted third-party as an escrow to secure their transactions.

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Features of the group

• You can trade your digital assets securely using the safe and secure escrow service provided by the group admin.
• Buy and sell cryptocurrencies at an agreed rate.
• Buy and sell any digital products from anywhere in the world.
• You can buy and sell your cryptocurrencies from anywhere in the world using a safe and secure escrow service.
• Buy and sell skrill funds, netteller, bitcoin, Ethereum at the best price in Nigeria.

How to trade cryptocurrencies, ecurrency, etc at the best price in the WhatsApp group 

1. Join the WhatsApp group by filling the join request application form here.
2. Show interest in buying or selling dollars, ecurrencies, or any cryptocurrency stating the price, amount and terms, if any, in the group by posting message in the group.
3. Potential buyers or sellers will meet with you either through the group or privately and negotiation is made with agreement on prices and terms and conditions. You may wish to use escrow to complete your transaction. If you're using escrow, make sure in the course of negotiation, escrow fee are added to the price and who bears the cost should be agreed between the parties.
4. You may then wish to make use of the group's escrow service to complete transaction. To use escrow:

• Call the attention of escrow through the group and he will order either the buyer or seller to send funds to the escrow account (together with escrow charge).
• Once funds is received by escrow manager, he then gives order to either the buyer or seller to send payment/deliver services to the seller or buyer as the case may be.
• Once payment is sent to seller or services is delivered to the buyer and seller/buyer can confirm payment/services receipt, the fund is then released to either the buyer or seller (as the case may be) from the escrow account.
• Then, we have a party of happy traders who enjoy trading using the platform.

Screenshot of members performing trade

Screenshot of members performing trade

Screenshot of members performing trade

Screenshot of members performing trade

Screenshot after successful trade confirmation

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Terms and conditions of using escrow

These Terms of Use ("Terms of Use" or "Agreement") shall serve as an agreement that sets forth the terms and conditions which will govern your use and participation in the transaction management and escrow services provided on and through this platform. By selecting to utilize the Services you shall have also indicated your acceptance of these Terms of Use and your intent and agreement to be bound by them. If you are unwilling to agree to these Terms of Use, you shall discontinue further use of the Services. If you agree to these Terms of Use, you will be bound as follows:

1. Definition - "Members" means buyers and sellers participating in the transaction. "Platform" refers to telegram or WhatsApp group being used to perform the transaction. "Admin" refers to the escrow account owner.
2. Description of the service - Escrow is a service offered by a trusted online individual who has overseen and mediated several transactions online. The service is offered online through WhatsApp or telegram openly through the group chat.
3. Limits on the service - The service is only available for legal services that can be carried out electronically online and whose delivery can be easily confirmed and verified by the admin.
4. Prohibited Transaction - Members shall not utilise the service in connection with transaction that is illegal or involves stolen funds, bitcoin, currency or tokens.
5. Rejection of Payment - Since the use of a bank account or the making of an electronic funds transfer may be limited by your agreement with your financial institution and/or by applicable law, admin is not liable to any member if admin does not complete a Transaction as a result of any such limit, or if a financial institution fails to honor any credit or debit to or from an Account. Admin may post operating rules related to payment on this platform and change such rules from time to time.
6. Obligations of sellers - Sellers are required to be prompt in their delivery of services and comply strictly to agreement made with the buyers. Sellers are also urged to wait to receive order from admin before delivery of services.
7. Obligations of buyers - Buyers are required to be prompt and timely in confirming receipt of services from sellers.
8. My responsibility - Admin is obligated to perform only those duties expressly described in this Agreement and the General Escrow Instructions. Admin shall not be liable for any error in judgment, for any act taken or not taken, or for any mistake of fact or law, except for gross negligence or willful misconduct. Admin may rely upon any notice, demand, request, letter, certificate, agreement or any other document which purports to have been transmitted or signed by or on behalf of a member indicated as the sender or signatory thereof and shall have no duty to make any inquiry or investigation.
9. Cancellation of transaction - If a Transaction cannot be completed for any reason, including those cancelled by the admin, admin will notify the members involved in such transaction through the platform provided for carrying out such transaction. Admin in his sole discretion may cancel transaction if buyers or sellers fail to comply with the agreement made before entering into transaction. Also note that escrow fees are not refundable and in cases where funds have been sent to escrow account and a transaction is cancelled by either buyer or seller, or by the admin due to error and negligence on the part of members, admin will only refund the price agreed on for the transaction.
10. Fees - Unless otherwise agreed upon by each member in the Transaction, Buyer agrees to pay the fees for the Services that are disclosed on the platform at the time the completed Transaction Escrow Instructions are agreed to by all such members. Once paid, escrow fees are nonrefundable. Escrow fees may change from time to time in admin's absolute and sole discretion.
11. Confirmation and verification of transaction - Admin relies on the proofs of delivery or payment as provided in the screenshot of transaction, document of account statement and so on provided by members. In case of misunderstanding as regarding these proofs, you agree to allow admin to mediate dispute by giving authorized access to any means by which he may be able to confirm and verify the transaction.
12. Limitation of Liability - TO THE EXTENT PERMITTED BY APPLICABLE LAW, ADMIN NOR ITS AFFILIATES, SHALL BE LIABLE FOR ANY DAMAGES, WHETHER DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL, RELATING TO YOUR USE OF THE SERVICES OR YOUR INABILITY TO USE THE SERVICES.
13. Termination of Services - Admin may suspend or terminate your use of the Services at any time, without notice for any reason, in Admin's sole discretion.
14. Indemnification - You agree to indemnify and hold Admin and his affiliates, harmless from any claim, demand, expense or damage, including reasonable attorneys' fees and court costs, arising from or relating to your use of the Services or any violation of this Agreement, the rules contained on the platform, including, without limitation, payment of escrow fees and any reversal or nonpayment of any credit or debit entry.
15. Force Majeure - Admin shall not be liable to the member for any failure to perform the services contemplated under these terms and conditions due to an event beyond the its control including but not limited to any Act of God, terrorism,war, Political insurgence, insurrection, riot, civil unrest, act of civil or military authority, uprising, earthquake, flood or any other natural or man-made eventuality or sudden death of the admin, which causes the termination of an agreement or contract entered into, nor which could have been reasonably foreseen.

Best way to buy and sell your bitcoin in Nigeria

In this article, you will learn the best way to buy and sell bitcoin and other cryptocurrencies in Nigeria.

Bitcoin is a digital asset that makes use of public ledger known as blockchain as a record history of all transactions broadcast on the network. The digital asset requires a private key to spend the coin.

Bitcoin serves as a digital currency and aims to replace our traditional currencies (NGN, USD, EUR, etc) in future.

It can be used as a means of sending payment from and to anywhere around the world with just a minor network fee as transaction fee.

All it takes to buy bitcoin in Nigeria is the receiver's wallet address. With this, the seller can send bitcoin to any bitcoin wallet address of someone in any location.

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Difference between cryptocurrency and bitcoin

Before we dwell into buying or selling bitcoin and other cryptocurrencies in Nigeria, there's need for you to understand the difference between bitcoin and other cryptocurrencies.

Cryptocurrency is a general term used to describe a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority. That means bitcoin is a cryptocurrency itself out of 1000s of cryptocurrencies we have in the world. It's the largest by market capitalisation as at the time of writing this article.

Each cryptocurrency utilises different networks and as such have different wallet addresses, so it's important to know the difference between any cryptocurrencies before sending or receiving them to a particular crypto wallet address as any error or mistake could lead to total loss of funds.

Click to go straight to how to buy and sell cryptocurrencies in Nigeria 

Different types of cryptocurrencies in the world

There are over 1000 different cryptocurrencies in the world today with each cryptocurrency representing a unique project promising a novel and revolutionary technological solutions in the decentralised space. There are several categories of cryptocurrencies base on their unique solutions and industries they operate in, but here are the most popular and common categories of cryptocurrencies/crypto projects we have in the world today :

1. Peer-to-peer electronic cash system

These cryptocurrencies aims to replace the traditional centralised way of sending cash and payment. They provide a network through which electronic payment can be sent from peer to peer without any intermediary. The decentralised nature of the network makes it impossible for regulators to ban or for a single actor to confiscate funds, a problem peculiar with centralised payment network like banks. Some crypto projects even go further to add privacy features which protects the privacy of users transacting on the network. These types of crypto projects are often referred to as privacy coin. Examples of cryptocurrencies under this category include: bitcoin, bitcoin cash, litecoin, zcash, monero and others.

2. Decentralised applications (dApp) platform

These cryptocurrencies aim to provide an operating platform for the execution of smart contract (dApp). They provide an execution environment for decentralised applications to run on. Examples of cryptocurrencies under this category are: Ethereum, Polygon (Matic), Binance Smart Chain and others.

3. NFT and Metaverse

NFT is an acronym for non fungible token. Non fungible tokens represent tokens that are not identical and thus have different values. They are often used to represent art collections, in-game items or collectibles or any piece of work existing either digitally or physically. A lot of crypto projects today are related to NFT as it offers variety of opportunities in the gaming, art, and business world. Artists can now monetise their works by auctioning their piece of artworks in NFT marketplaces similar to the real world art auction. Examples of NFT related crypto projects or cryptocurrencies are: Origin protocol (OGN), BAKE, APE Coin, GALA and so many others.

Metaverse projects on the other hands are virtual reality projects. They aim to build a future world of 3D content publishing and social interaction. Virtual reality projects have been touted as the next technological advancements in future tech space that could change the way we work, socialise and play online. Some examples of cryptocurrencies relating to Metaverse or Metaverse coins are: Decentraland (MANA), Axie Infinity (AXS), Mines of Dalarnia (DAR), The Sandbox (SAND) and others.

4. DeFi (Decentralised Finance)

DeFi projects aim to bring financial functions into the decentralised world enabling crypto freaks to enjoy almost all functions of finance in the real world such as; saving, lending, borrowing and lots more, enabling participants to earn interest or return on their crypto assets. Examples of DeFi protocols are: Uniswap (UNI), Curve Finance (CRV), PancakeSwap (cake), Yearn Finance (YFI) and others.

5. Stable coins

Stablecoins are cryptocurrencies whose values are backed by fiat currencies like USD, EUR, GBP and others. Because every unit of a stablecoin in circulation is backed by equal value of corresponding Fiat currency, their values are stable relative to the value of the fiat currency and do not fluctuate like majority of cryptocurrencies value. Thus, stablecoins protect holders against drastic fall in prices experienced when exposed to other cryptocurrencies and serve as a more reliable means of value exchange in business transactions. Examples of most common stablecoins are USDT, BUSD, TUSD, USDC and several other stablecoins.

Challenges of cryptocurrency trading in Nigeria

Buying bitcoin can be difficult especially in some countries that is not supported by popular crytocurrency exchange in the world likewise is buying it through debit or credit card.

Exchanges that accept credit or debit card may not support certain countries making it difficult to purchase bitcoin easily with it. Even those that supports your country charges exorbitant amount of fees making it a no-go area!

The ease of purchasing bitcoin by just entering card details makes it the best method of purchasing bitcoin without hassle. However, in countries like Nigeria where cryptocurrency transactions are banned by CBN (Central Bank of Nigeria), the most viable option is peer-to-peer crypto transactions where buyers and sellers transact with each other without intermediary.

In this article, I'll be sharing the best method of buying and selling bitcoin easily without delay in payment. We all know how many bitcoin exchanges can be slow in processing withdrawal into bank accounts. This method here profers direct solution to buying and selling bitcoin easily in Nigeria.

Best crypto wallet app in Nigeria

You need a cryptocurrencies wallet to buy bitcoin or any cryptocurrencies. There are several crypto wallet apps that can be used to buy bitcoin in Nigeria. The crypto wallet is where your bitcoin will be received and stored after buying just like your normal Nigerian bank account.

You can make use of centralised exchange wallet like that provided by Binance as your crypto wallet app or use an online decentralised crypto wallet app like Trust wallet to store your purchased bitcoin.

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Different methods of buying and selling bitcoin in Nigeria 

You have learnt the difference between bitcoin and cryptocurrencies and the different types of crypto wallets available for buying and selling bitcoin in Nigeria. Now, it's time to learn the different ways by which you can buy and sell bitcoin and other cryptocurrencies in Nigeria.

Buying and selling bitcoin through WhatsApp group 

WhatsApp group is one of the easiest way bitcoin and cryptocurrencies users in Nigeria trade directly with each other peer-to-peer. It provides a platform for buyers and sellers to meet and transact with one another using a trusted party as an escrow to prevent scam.

I created a WhatsApp group where such buyers and sellers can meet and transact directly with one another. To read more about the WhatsApp group and how to join, follow this link 

Note that escrow is a service provided by the admin of the bitcoin WhatsApp trading group to protect the assets of members or traders of his group against scammers. A fee will be charged for the escrow service provided.

Reasons why you should exchange your bitcoin using this method

Instant payment. Payment is instant after receiving bitcoin and transfer of bitcoin to buyers is immediate after receiving payment. Most bitcoin exchange in Nigeria take time before paying their customers but with this method payment is instant as you are dealing directly with a trader.

No registration. Exchanging your bitcoin to cash may require compulsory registration with an exchange website but with this method, there's no need for such registration. Buying and selling is direct and easy between members.

No identity verification associated with most exchanges. No need of submitting your identity to unknown people on the internet. Submitting identity on website which is risky can be difficult and time wasting considering the time it may take for completing verification.

Safe transaction. Buying and selling bitcoin in Nigeria can be risky because you may end up in the hands of fake websites and exchanges but with this method, your transaction is safe as you can make use of the service of a trusted escrow. I provide the escrow service myself to secure transaction.

Follow this link to start buying and selling bitcoin using WhatsApp group 

Buying and selling bitcoin using peer-to-peer exchange 

Another method by which you can buy and sell bitcoin and cryptocurrencies in Nigeria is through P2P exchange supported in Nigeria.

P2P exchange offers a website or app through which buyers and seller can trade with each other with the exchange secure escrow service. P2P exchange locks cryptocurrency in escrow until the buyer makes payment and the seller confirms and releases crypto to the buyer from the secure escrow.

Using P2P exchange is very simple but if you are new to cryptocurrencies and P2P exchange, you are vulnerable to scammers. So, using a P2P exchange might require you to learn how the platform function and the rules to get started.

To get started with P2P exchange, you can register on Binance. Both sites provide P2P service for their members.

Buying and selling cryptocurrencies directly using a trusted crypto vendor in Nigeria

Another way you can buy and sell cryptocurrencies in Nigeria is through trusted online crypto vendor. The trade is carried out on WhatsApp directly with the vendor. It's much easier and faster as the transaction is peer-to-peer.

To buy or sell bitcoin directly with a trusted online crypto vendor, follow the instructions below:

1. Read terms and conditions. Click here to read through and accept the terms of service before you proceed.
2. Send detailed message of what you want on WhatsApp. Ensure you've read the complete instructions before you send a message on WhatsApp otherwise your message may not receive a response if you don't follow the terms and instructions correctly. Once you have fully read and agreed to the terms and full instructions given, follow this link and give details of the transaction you want to carry out. Details include what cryptocurrencies you want to buy or sell, the value/amount and other information necessary.
3. Then wait patiently for my response. I will either ask for further information or let you know the amount you will receive in Naira in your Nigerian bank account or the amount of cryptocurrencies you will receive base on the information you provided above. Note that you may not receive a response if you don't follow the instructions given or provide complete details of what you want.
4. Express readiness to make payment by requesting for the account to remit payment to. Once you make it clear you are ready to proceed with the transaction, you'll receive further directions or details of my account to which you can remit your payment.
5. Send payment and wait for your transaction to be processed. Notify with payment receipt and send the Nigerian bank account details or crypto wallet you want payment to be sent to, then wait for the transaction to be processed.

Screenshots of successful transactions with customers to proof legitimacy 

The above screenshots show few out of the many transactions carried out with crypto buyers and sellers.

Terms of Trade

Kindly read the terms and conditions that apply to your use of information on the present page you are reading. Subsequent update may be provided to these terms without your prior notice and it's your duty to regularly visit the page for updates. Your usage of the information thereof or exchange service shall signify your acceptance of these terms and you shall be bound as follows: 

1. Definition - "I" or "me" refers to the owner of this blog, the provider of this service. "You" or "your" refers to the reader of this information who wish to or has contacted me for the exchange service. "Information" or "this information" refers to the blog article on this page where these terms are originally found. 

2. Mode of operation and rules of engagement - All our transactions shall be carried out on WhatsApp. Note that transaction once entered is final and nonrefundable. 

All communications with me must be strictly on WhatsApp, no calls of any form is necessary or allowed. Do not abuse the WhatsApp call feature. Do not WhatsApp call me without following the instructions outlined in this article first. Do not WhatsApp call to call my attention if you know you are not ready to carryout any successful transaction. 

You are advised to be detailed about your enquiry or needs as message with no specific details of what you want might not receive a response.

I reserve every right to refuse a transaction with you or refuse to respond to your message. If your message hasn't been responded to, it's usually because:

a. I wasn't available as at the time your message was delivered or was busy responding to other messages. Kindly exercise a little patience if you've followed the instructions given and your message is yet to be responded to.

b. You didn't follow the instructions given or have not provided clear and complete details of what you want.

c. You've violated the terms and conditions.

d. Your message has already been addressed.

It's always important to go straight to the point and follow instructions given when sending your message to save time for everyone.

You may send a WhatsApp message with details at any time of the day which will be responded to during my working hours or when I'm active. You may not WhatsApp call outside of these working hours (working hours is between 8:00 am to 11:59 pm GMT+1).

Be courteous, civil and respectful in your interaction as unruly/mannerless behaviour or violation will result in instant blocking! 

You may only use WhatsApp call, in moderation, as a means to call my attention to your message only if all the following conditions are met:

a. You have followed all the instructions on your part and ready to proceed to carry out a successful transaction. If you are not sure you'll end up making a successful transaction, no need to use WhatsApp call, wait for a response.

b. You've not gotten response from me for more than 5 minutes of sending your message within my working hours (8:00 am to 11:59 pm GMT+1).

c. Your transaction is urgent.

I understand you may have transactions to complete urgently, I also respect people's time and would make sure I process all transactions as fast as possible. If I'm already processing your transaction, you do not need to call me as I would always respond with an update when your transaction has been completed. Your transaction would usually be completed within 5 to 10 minutes, on average, depending on the volume of your order. If I've not responded to you, please ensure you have provided details of what you want, then you may proceed to use WhatsApp call after 5 minutes of no response.

Any misuse of the WhatsApp call in a manner that constitutes disturbance or abuse will result in blocking.

Do not contact me if you are not serious or ready to transact. If I notice you are not serious or only wasting my time, I'll stop responding to your message or even block you. If you are worried about getting scammed, check screenshots of successful transactions provided here, if still not convinced, no need to contact me. 

3. Prohibited use - You shall not use this service in connection with any criminal or illegal activities. 

All payment funds used must belong to you or you are authorized to use them. 

4. Privacy notice - You agree that I may use the screenshots of our transactions on this blog or any platform for the purpose of marketing. 

5. Rejection or delay of Payment - Since the use of a bank account or the making of an electronic funds transfer may be limited by your agreement with your financial institution and/or by applicable law,  I'm not liable to anybody if I delay or do not complete a transaction as a result of any such limit, or if a financial institution delays or fails to honor any credit or debit to or from an account. 

6. Disclaimer - In no event will I be responsible or liable for any damages or losses of any kind, including direct, indirect, incidental, consequential or punitive damages arising out of your use of this information or exchange service. 

7. Limitation of liability - TO THE EXTENT PERMITTED BY APPLICABLE LAW, I WILL NOT BE LIABLE FOR ANY DAMAGES, WHETHER DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL, RELATING TO YOUR USE OF THIS INFORMATION OR EXCHANGE SERVICE. 

8. Indemnification - To the extent permitted by applicable law, You will indemnify, hold harmless and defend me, at Your expense, from any and all third-party claims, actions, proceedings, and suits brought against me, and all related liabilities, damages, settlements, penalties, fines, costs or expenses (including, reasonable attorneys' fees and other litigation expenses) incurred by me, arising out of or relating to your use of this information or exchange service. 

I have fully read and agreed to the terms of trade above, take me to get started!