If given the opportunity to choose any birthday present I want today, I would choose Bitcoin (BTC) without hesitation. Trust me, I am already a millionaire in Naira with just 1 BTC.
Bitcoin is the leading cryptocurrency based on its market capitalization. Its growth has been so substantial that many countries are now starting to accept it as a form of payment. Even though it was launched in 2009, 1 BTC is now worth a significant amount of money in Nigeria.
In this content, I will address the important question: what is the current value of 1 BTC? Additionally, I will provide details on how to convert your BTC to Naira within seconds. Keep reading.
How To Determine the Rate of My BTC
While Bitcoin and other cryptocurrencies have unstable rates, the Ridima app helps you to calculate your rate before you complete the transaction. You can determine the rate of your BTC in a few steps. Let me show you;
- Open the Ridima app
- Go to the menu on the app.
- Click on the Trade Digital Assets button.
- Click on Sell or Buy and indicate the cryptocurrency you want to exchange.
- Select Bitcoin as the cryptocurrency.
- Generate your permanent wallet address (This is a one-time action for all future actions).
- If you have done this before, you don’t have to generate any more.
- View the current exchange rate to know the worth of your Bitcoin.
- Confirm if you are satisfied with the rate.
How Much Is the Price of 1 BTC Today?
It is important to note that different factors can always impact the rate of Bitcoin (BTC). However, cryptocurrency prices are always changing. As of today, the rate of 1 BTC is about 92 Million Naira. Yes, you read that correctly, and you will only find that price on the Ridima App.
Hence, now is always the best time to get some Naira for your cryptocurrency. With the cryptocurrency market’s high liquidity rate, the price can increase or decrease in the coming days.
How to Convert My BTC to Naira
Ridima has gone crypto, and they have the highest cryptocurrency rate for you. Learn the easy steps you need to follow to sell Bitcoin on the Ridima App;
- 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, choose 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.
Frequently Asked Questions
Question 1: What is the price of 1 BTC in Naira today?
Today, the price of BTC in Naira is around 92 Million Naira on the Ridima App. While the price may vary on other platforms, Ridima offers the highest exchange rate for Bitcoin and cryptocurrency in Nigeria.
Question 2: How can I know the worth of my cryptocurrency?
You can use the Ridima Crypto rate calculator to know the worth of your cryptocurrency. Download the Ridima app from the App Store or Play Store to get started.
Question 3: Where can I get the best rate for my cryptocurrency?
Undoubtedly, Ridima offers the best rate in Nigeria. You will get a huge Naira in exchange for your Bitcoin and other cryptocurrency.
Question 4: Why is Ridima the best app to sell your BTC in Nigeria?
Ridima is the best app for selling Bitcoin in Nigeria because of its high rate, reliability, 24/7 availability, and instant payout. You will love it.
Conclusion
The Ridima app simplifies the process of determining the value of your BTC. It allows you to easily calculate how much Naira you can expect to receive before converting your Bitcoin. Additionally, the Ridima app is the ideal platform for quickly exchanging your Bitcoin and other cryptocurrency tokens for Naira. The entire process only takes a few seconds.
Start using Ridima today, and you won’t be disappointed. Happy trading!
