It’s no longer news that the Central Bank of Nigeria (CBN) has placed a cryptocurrency ban in Nigeria. This move has greatly restricted crypto activity in the country. Nigerians can no longer buy Bitcoin from exchanges using their debit cards or Nigerian bank accounts.
This only leaves room for BTC traders in Nigeria to deal directly with one another and void of centralized solutions. This is commonly known as peer to peer (P2P). One platform that efficiently facilitates P2P transactions in Nigeria is the SHIFT P2P.
If you are looking for a platform that allows you to buy and sell Bitcoin in Nigeria without restriction, you have just found yourself in the right space.
What is SHIFT P2P Crypto Exchange?
Simply put, SHIFT P2P crypto exchange is a peer to peer escrowed marketplace where crypto buyers and crypto sellers meet in Nigeria. Nigerians can now buy and sell Bitcoin in Nigeria without fear of being scammed or bank accounts being frozen.
This platform allows sellers in Nigeria the opportunity to place advertisements indicating their exchange rate and preferred means of payment. Buyers, on the other hand, can find advertisements with exchange rate and payment methods that fit their needs.
Ultimately, you can buy or sell Bitcoin without the involvement of a third party or outsider.
How SHIFT P2P Works?
As a typical P2P platform, SHIFT matches users looking to buy Bitcoin for Fiat with someone who’s looking to sell Bitcoin for Fiat in Nigeria. This is a simple process
- Buyers place their order, shift matches with other users looking to sell
- Buyers locate a preferred seller and makes payment
- SHIFT escrows the payment for safe keeping during the transaction
- Buyer transfers Fiat to the seller’s bank account
- Seller confirms payment and SHIFT releases the token to the buyer
How to Get started with SHIFT P2P
To take advantage of this service, you will need to begin by creating an account. You will be asked to choose a username and password, as well as provide an email address which can also be used for logging in later. This is a seamless process where you provide your name, choose a username and password, and input your email address.
After all these, a link will be sent to your provided email for confirmation of your account. You’ll also be required to provide your KYC for verification typical to any exchange. You’re all set!
Why Choose SHIFT P2P for your Bitcoin Exchange in Nigeria
- SHIFT is a very promising P2P Bitcoin trading platform
- SHIFT is an automated trading application
- SHIFT provides a quick and easy Bitcoin trading process
- SHIFT provides escrow service for safe trading and protection of both the buyer and seller
- SHIFT allows for a wide variety of payment options
- SHIFT provides a great customer support and robust dispute resolution system
- SHIFT provides relatively low trading fees
Your Go-to Marketplace for Buying and Selling Bitcoin in Nigeria
SHIFT P2P is a leading peer-to-peer Bitcoin exchange in Nigeria. It offers a wide array of payment options and security practices. It is no doubt an excellent choice for newbie Bitcoin traders and the more experienced ones as well. Visit https://shift.market to start trading now.