Last updated on June 26th, 2018
In this article, I will write on how to buy Ethereum in Nigeria with credit card. After I’m done, it’s only going to take you 4 to 5 minute to buy Ethereum with credit card yourself. This is because I’m going to show you the in and out using a picture description.
It’s no new that Ethereum is the second most popular cryptocurrency right now after bitcoin. It has also been said that Ethereum is going to take over bitcoin in the nearest future so to say. As much as I will like to argue this fact, I can’t because personally, I know Ethereum possesses better features than Bitcoin. Think of it as advanced Bitcoin.
With the more and more demand for Ethereum people are investing massively on it and this is making the price goes up every day. While the price is going up I think this is still the best time to invest in it because this is just the beginning.
Buying Ethereum in Nigeria with Credit Card
You can buy Ethereum with credit cards on popular site like Coinbase but you should know coinbase doesn’t support Nigeria IP address with reasons best known to them. I believe Nigerians still find their way around it using VPN and different IP address but I will rather advise against it.
Not alone is it risky, the credit card charges are also high. So it doesn’t worth it. In this post, I will teach you on how you can buy Ethereum with credit cards using Luno wallet.
Luno is a Bitcoin company that has been around since 2013 formerly known as BitX. Its headquarter is in London and they also operate in Nigeria, South Africa, Indonesia and 36 other European countries.
Not alone can you easily buy Etheruem on Luno with a credit card it also facilitates Ethereum and Bitcoin storage and transactions such as buying and selling and also payment of different kinds through your Luno Wallet.
How to buy Ethereum in Nigeria with Credit Card Using a Luno wallet (with Picture Description)
The first thing to do now is to head over to Luno and set up a free account. Go on… I’ll wait for you!
Alright then, I believe you’ve set up your free account.
If you’ve not, once you’ve visited the home page click the ‘Get started’ and create your account with Luno.
A confirmation link will be sent . Click the link and activate your wallet account.
The next thing is to Login and verify your account through sms code.
After logging in, click the above ‘more’ icon and proceed to deposit money.
After clicking the deposit icon, you will be direct to the above page. Click on the debit or credit card with PayU.
The next thing to do here is to enter the amount of money you want to deposit inside your wallet. After doing this click the next button.
proceed by clicking the button (Continue to PayU)
You will need to input all your credit card details to carry out the transaction and click continue. Most importantly, the credit card issuer, which of course is your bank will send an OTP to your registered number to finalized the transaction.
Finally, enter the OTP from your bank before it expires and click next. You can pat yourself at the back for a Job well done before we continue the rest.
The next thing to do now is to buy or exchange your deposited money for Ethereum in your wallet.
Now refresh your account and click home. You will see something like the above image. Click the Bitcoin logo to proceed.
Choose what you want to buy. In this case Ethereum. Same procedures goes for Bitcoin if its Bitcoin you want to buy.
After choosing Ethereum click ‘with Naira’ which is what you want to use to buy it.
Furthermore, enter the amount of Ethereum you want to buy and hit next.
Finally, the last thing to do here is to confirm your Naira to Ethereum purchase and your money will be exchange immediately.Buy Ethereum
It’s as easy as ABC. Incase you have Ethereum or Bitcoin and you would like to exchange it for other cryptocurrency. You will find the following exchangers helpful.
Ethereum Exchangers in Nigeria
Binance is one the top crypto exchange across the world with their own crypto known as ‘BNB’.
The good thing you will definitely enjoy with Binance is it fast transaction processing with cheap fee. This is even cheaper when you are using binance coin (BNB).Exchange Crypto
Cryptopia is not just an exchange site. It’s an all in one platform that has everything like, trading platform, exchange and market place.
Cryptopia focuses on better user experience rather than just being a stop by exchange site.Exchange Crypto
Changelly allows you to change Ethereum to any other cryptocurrency you like. The crypto list on changelly is pretty long.
It’s a fast cryptocurrency exchange site. The good thing about changelly is that they also allow credit/debit card but you should expect a slight higher charges.Exchange Crypto
NGexchanger physical offfice is located @ 20 Mbonu street, Port Harcourt. It’s an indigenous cryptocurrency exchange in Nigeria where you can easily exchange cryptos for each other.
They are one of the top exchanger in Nigeria and their service precedes them. They are also known for good customer support.Exchange Crypto
This is where I’m going to take a break for today. If you find it helpful as usual don’t forget to share it with your friends and family. And also subscribe to our mailing list.
Want to Learn More?