Published onOct 11Gift Card Brands

Best App to Convert Bitcoin to Naira

Ridima is the best app to convert Bitcoin to Naira. There are several reasons to use this platform to convert your cryptocurrency into instant cash. Notable reasons include instant payout, easy exchange process, and safe transactions. 

Bitcoin is growing in popularity in different countries. Some countries allow their users to make payments with Bitcoin. However, the only way to use Bitcoin for payment in Nigeria is to convert it to Naira and Ridima is the best place for that. Follow closely to learn how to use the best app to convert Bitcoin to Naira. 

How To Determine the Rate of My BTC On Ridima 

The rate of Bitcoin and other cryptocurrencies are always flunctuating. This means yesterday’s rate is not the same as today’s rate. However, you can always use the Ridima app to determine your rate before you complete the transaction. Here is how to determine the rate of your BTC within seconds. 

  • 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? 

The price of 1 BTC is always changing due to different factors. As of today, know that you are a millionaire in Naira if you have 1 BTC. You can always know how much your Bitcoin (BTC) is via the Ridima app. Today, the rate of 1 BTC is over 105 Million Naira. 

You can also trade your Bitcoin in bits on the Ridima app. That means, you can convert $1 worth of BTC to naira in seconds. Hence, now is always the best time to get some Naira for your cryptocurrency as the price can increase or decrease anytime. This is because of its high volatility. 

How to Convert My BTC to Naira on Ridima 

Ridima is the best app to convert your Bitcoin to Naira because they offer the highest cryptocurrency rate. New users can also generate a new wallet address for their subsequent transactions. 

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 best app to convert Bitcoin to Naira? 

Ridima is the best app to convert your Bitcoin to Naira. They allow users to trade their crypto within seconds. 

Question 2: What is the price of 1 BTC in Naira today? 

Today, the price of BTC in Naira is over 105 Million Naira on the Ridima App. You can use the Ridima app to calculate the value of your BTC. Take note that Ridima offers the highest exchange rate for Bitcoin and cryptocurrency in Nigeria. 

Question 3: How can I know the worth of my cryptocurrency? 

You can determine the worth of your Bitcoin and other cryptocurrencies using the Ridima Crypto rate calculator. Download the Ridima app from the App Store or Play Store to know how much your Bitcoin is. 

Question 4: How long does it take to convert Bitcoin to Naira? 

You can convert your convert your Bitcoin to Naira within 3 minutes. However, if the transaction is already authorised, it only takes a few seconds to receive your Naira in your wallet. 

Question 5: Why is Ridima the best app to convert BTC to Naira? 

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 

By now, you would agree that Ridima is the best app to convert Bitcoin to Naira. The process is simple and the payout is instant. Download the Ridima today to get started. 

Happy Trading! 

Download the app to get started