how are we going to withdraw our Bitcoin?

[solomonmali]

Nigeria government is try to frustrate Nigerians, they bound anything that doesn’t favor the government directly, I’m the most important thing is that we are still alive that’s means there is hope, I saw an update in luno that you can convert into local currency but you can’t buy for now.

 

[Kamon c4]

This depends on the cryptocurrency exchange platforms you use. Quidax and flutter-wave have banned deposits and withdrawals for Nigerian users. While withdrawals is still available on luno,binance

 

[unhappy triad]

Terrible that I am having difficulties to buy coin. The ban limits trade within. I don't know the reasons they saw before they made the ban move but it's sad to say that such move was grossly inconsiderate, an act to limit it's citizens. You can still withdraw to your bank
[automerge]1612852301[/automerge]
Terrible that I am having difficulties to buy coin. The ban limits trade within. I don't know the reasons they saw before they made the ban move but it's sad to say that such move was grossly inconsiderate, an act to limit it's citizens. You can still withdraw to your bank

 

[Bangiszz]

To pull out bitcoin from your Cash App:

Tap the Banking tab on your Cash App home screen

Select Bitcoin

Press Withdraw Bitcoin

Output a QR code address or press Use Wallet Address to enter one physically

Affirm with your PIN or Touch ID

You should have an equilibrium of at any rate 0.0001 bitcoin to make a withdrawal. You can pull out up to $2,000 worth of bitcoin at regular intervals and up to $5,000 inside any 7-day time frame. Moves to outer wallets ordinarily take between 30–40 minutes yet can take longer.

 

[Richard92]

Due to the band of cryptocurrency in Nigeria people and wondering how to withdraw there cryptocurrency, but my best advice for those who invested in cryptocurrency, the best thing for them to do is to sell them and get back their money you can't withdraw the currency what you can sell.

 

[Suba]

Baesd on the law passed on all banks by Central Bank of Nigeria, how do think people will be able to withdraw or convert their crypto currencies

I'm feel sorry to hear that, as a fellow cryptocurrency enthusiast, Nigeria, blocks all crypto wallet and exchange sites, So can you access your crypto wallet either via the web or smartphone app, First I assume you can access your crypto walle, you can trying to offer exchanges on our forum Bizdustry, you can choose payments that can and are allowed by your bank such as, Payoneer, Skrill, PayPal etc, Secondly I assume you can't access your wallet either via the website or application, of course you have to go to a neighboring country to access your wallet then send to someone you trust and live outside Nigeria, hopefully your problem can be resolved quickly.

 

[Usman Sattar]

Your available balance is how much you can withdraw or transfer immediately out of your Coinbase account. It’s directly related to purchasing crypto or depositing fiat currency using a linked bank account. For security reasons, you will not be able to immediately withdraw fiat deposited using a linked bank account or send crypto purchased with such funds off of Coinbase (we call this “withdrawal availability”). Wire transfers and debit card purchases do not affect your withdrawal availability, but are subject to any existing holds on your Coinbase account.

 

[Folaham]

Baesd on the law passed on all banks by Central Bank of Nigeria, how do think people will be able to withdraw or convert their crypto currencies

You can still withdraw all your coin through you bank account. One you bank account is credited, the account will be blocked but you can access all your funds in it. You can then open another account with your bank but you have to write to assure them you won't be cashing out on your currencies to through it

 

[Ebuka Stephen]

The is the problem we are having now as the Nigerian government blocked the way in which the youths makes their own money, this makes things a lot harder. I am thinking instead of withdrawing we can purchase things online and sell them.

 

[Azmatali]

i tell you an easy way.....
Tap the Banking tab on your Cash App home screen.
Select Bitcoin.
Press Withdraw Bitcoin.
Scan a QR code address or press Use Wallet Address to enter one manually.
Confirm with your PIN or Touch ID

 

[Nabeel119]

Bitwala makes it easy for anyone to benefit from the digital currency revolution. With your free Bitwala account you can send, receive, store and trade bitcoin in just a few swipes. Discover simple and secure banking for the blockchain generation - read on to learn how to access and withdraw your bitcoin balance.

 

[BrolySSJ]

Baesd on the law passed on all banks by Central Bank of Nigeria, how do think people will be able to withdraw or convert their crypto currencies

This is sad to hear. Unfortunately it will be quite hard, but perhaps you can get into contact with someone that is able to withdraw their crypto to their bank account, perhaps in a different country and then from there they can then send you the money to your bank via a direct transfer This will allow you to still withdraw your Bitcoin. Is this an option that you have considered?

 

[McChris]

My dear as for now many Nigerian has the problem of withdraw there crypto currency because of the problem we are facing now of the banning of the crypto currency in the country. If to say you will withdraw it, it will take a long time

 

[Draysongz]

The only way for now is to do peer to peer transaction. This option is available on binance. You sell your coin to people who will give you cash for it. The best place to do this is to use binance as they have a good escrow service.

 

[Tariq Shehzad]

The boycott put on nigerians by the central government is really not aiding at this period. The thing with the public authority is that they never open there eyes to see the ramifications of what they are doing prior to doing it. Pull out is still a lot of conceivable.

 

[Shahzaib37]

Baesd on the law passed on all banks by Central Bank of Nigeria, how do think people will be able to withdraw or convert their crypto currencies

I recommend you to install bitcoin wallet in which currency exchange into dollars it is easy process of withdraw and also use trade process from which we trade our bitcoin and withdraw easily money from it.

 

[Chumzy]

There was a time when we couldn't exchange coins ourselves with naira. Then there were not so many wallets and exhcnages that recognised naira. We traded via black market and we have to go back to that to continue enjoying crypto.

 

[Highflyer]

Withdrawing Bitcoin has become harder due to the new CBN directive but trust Nigerians to still find a way through. You can open a SportyBet account and send your money into it, then withdraw to your local bank.

 

[idhans]

Baesd on the law passed on all banks by Central Bank of Nigeria, how do think people will be able to withdraw or convert their crypto currencies

Some exchanges like luno still facilitate withdrawls, but you can only deposit through your debit card. You can't deposit through bank transfer anymore. You can also use peer-to-peer and sell or buy any cryptocurrency from people.

 

[Ltherman]

For the upteenth time am not equally happy with this policy. As detrimental as it is it doesn't tske away all the options we have. Prior to the ban some people were buying bitcoins from vendors and selling same to peers. Only that some of these withdrawal platforms may not be able to make those easy transactions anymore.
As a solution to this Binance is still doing withdrawals and i k ow Roqqu is putting something like that in play as well.