The short answer is that you can sell your $1 worth of bitcoin for about 1,630 to 1,700 naira on Ridima. Ridima is the best app for selling or converting your Bitcoin to naira in Nigeria. You can download the Ridima app here and convert your Bitcoin to naira ASAP. Let me show you how, as this article answers an important question: How much is 1 dollar of BItcoin in Naira today?
What is Ridima?
Ridima is the best trading platform in Nigeria. Having consistently provided top-notch gift card trading services for Nigerians and the world, it now allows crypto enthusiasts to trade their Bitcoin and other digital assets into Naira.
Ridima is the best in the game because of;
- Fast transactions: Ridima completes all crypto transactions within 2 – 5 minutes. You will receive your naira immediately after the transaction is authorised.
- High rates: Ridima offers the highest rates in Nigeria. In addition to the instant payout, you’ll get mouth-watering deals.
- Reliability: Ridima does not depend on any third party to complete a transaction. Hence, you will get your money as soon as you sell your crypto via the app. Ridima is the best friend of every crypto trader in Nigeria.
- Easy to use: The app is easy to use without any help. The user-friendly interface makes it simple to carry out transactions. Just take a few quick and easy steps, and you are good to go.
- 24/7 Assistance: Technical issues hardly arise when you are using the Ridima app. However, Ridima provides steady customer service to support you either as a crypto beginner or a veteran. Its robust customer service ensures all users receive immediate assistance whenever they need it. Their dedicated support team is always available to resolve any challenges you may experience.
How to Convert your Bitcoin to Naira
You can convert your crypto to seconds on Ridima.
- Download the Ridima App from the App Store or Play Store.
- Open the Ridima App.
- Go to the menu on the app.
- Click on the Trade Digital Assets button.
- Click on Sell and indicate the cryptocurrency you want to exchange.
- In this case, select Bitcoin as the cryptocurrency.
- Generate your permanent wallet address (This is a one-time action for all future actions).
- View the current exchange rate to know the worth of your Bitcoin.
- Confirm if you are satisfied with the rate.
- Upon satisfaction, send your cryptocurrency from your external wallet to your just-generated Ridima wallet address.
- Wait for our three security confirmation processes. This process can take a few minutes to ensure optimum accuracy and security of your transaction.
- Upon confirmation, you will receive the naira equivalent of your transaction in your Ridima Naira wallet.
- You can withdraw the Naira or sort out your bills via the Ridima app.
What is Bitcoin?
Bitcoin (BTC) is the most powerful cryptocurrency in the world. With a market capitalization of over $1 trillion, it is the largest crypto token. It is now being used as a means of payment in some developed countries. Based on market predictions, Bitcoin (BTC) might become a legal tender in the nearest future.
While the price of 1 BTC may be worth a lot of money, you can trade your Bitcoin in units on Ridima. Check the next section to know how much 1 BTC is worth in Naira.
How Much is 1 BTC to Naira?
Bitcoin (BTC) was launched in 2009. However, 1 BTC is now worth a significant amount of money in Nigeria. While different factors can always impact the rate of Bitcoin (BTC), as of today, the rate of 1 BTC is about 110 Million Naira.
Frequently Asked Questions
Question 1: How long does it take to convert Crypto to Naira?
You can convert your crypto to Naira within 2 minutes on Ridima while you receive your cash in seconds.
Question 2: How much is $10 worth of BTC to Naira?
You can sell your $10 worth of Bitcoin for about 16,300 to 17,000 Naira on Ridima.
Question 3: How much is $50 worth of BTC to Naira?
You can sell your $50 worth of Bitcoin for about 81,500 to 85,000 Naira on Ridima.
Question 4: Where can I get the highest Naira rate for my crypto?
Ridima offers the highest naira rate for Bitcoin and other cryptocurrencies. To get started, download the Ridima app from the Play Store or App Store.
Question 5: How much is $100 worth of BTC to Naira?
You can sell your $100 worth of Bitcoin for about 163,000 to 170,000 Naira on Ridima.
Conclusion
No doubt, Ridima is the best place to trade your Bitcoin for good rate. You can trade both unit and bulk BTC on this platform. You will enjoy high rates, instant payout, and optimum security. Download the Ridima App now and convert your crypto to Naira in seconds.
