What is the current exchange rate of Bitcoin to Nigerian Naira in the black market today?
HesstonSep 11, 2020 · 5 years ago3 answers
Can you provide me with the latest exchange rate between Bitcoin and Nigerian Naira in the black market today? I'm interested in knowing the current value of Bitcoin in Nigerian Naira and how it compares to the official exchange rate. Could you also explain why the black market rate differs from the official rate?
3 answers
- Marc Jean Joseph DelgadoNov 29, 2021 · 4 years agoSure, the current exchange rate of Bitcoin to Nigerian Naira in the black market today is around 1 BTC = 9,500,000 NGN. Please note that the black market rate may vary and it's always a good idea to check with reliable sources for the most accurate information. The black market rate is usually higher than the official rate due to various factors such as limited supply, high demand, and restrictions on foreign currency exchange. It's important to be cautious when dealing with the black market and consider the risks involved.
- Ali SabziAug 02, 2023 · 2 years agoYo! The exchange rate of Bitcoin to Nigerian Naira in the black market today is lit! It's like 1 BTC = 9,500,000 NGN. But hey, keep in mind that the black market rate can be volatile and it's not always safe to trade there. The black market rate is higher than the official rate because of the demand for Bitcoin and the limited availability of foreign currency. So, if you're thinking of getting into the black market, be careful and do your research!
- Kaíque MenezesFeb 21, 2023 · 2 years agoAccording to BYDFi, a popular cryptocurrency exchange, the current exchange rate of Bitcoin to Nigerian Naira in the black market today is approximately 1 BTC = 9,500,000 NGN. The black market rate is usually higher than the official rate due to factors such as limited supply and high demand. However, it's important to note that trading in the black market carries certain risks and may not be legal in some jurisdictions. It's always advisable to consult with a financial professional before engaging in any cryptocurrency transactions.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 2617022Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 0682Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0568How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0565Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0454How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 0400
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More