How To Buy Ethereum (ETH) In Nigeria Easily

The most common and best way to buy and sell Ether (ETH) in Nigeria is through a reputable crypto exchange like Yellow Card.

Nigeria is one of the top countries embracing cryptocurrencies in Africa. As a result, many buy cryptocurrencies such as ETH as an alternative investment opportunity in stocks, bonds or gold etc.

This article covers all you need to know about how to buy ETH in Nigeria easily and without trouble. 

Top Reasons To Buy Ethereum (ETH) In Nigeria

Here are the top reasons why most crypto investors in Nigeria buy ETH.

For Investment Purposes: 

Ethereum is one of the cryptocurrencies gaining more confidence  as a store of value among crypto enthusiasts and institutions. While just launching in 2013, it is the cryptocurrency with the second largest market capitalisation, making it a huge validation of Ethereum as a long-term investment.  These factors have put Ether (ETH)  in the same league as gold, silver, and real estate as an alternative investment.

Diversifying Your Investment Portfolio: 

To reduce investment risks, you need to invest in more than one cryptocurrency due to the volatile nature of the crypto market. 

Ethereum (ETH) is a good investment option to explore, seeing how much growth it has seen in the last few years since its launch.

Things To  Know Before Investing in Ethereum (ETH)

Below are some useful factors to know about ETH include:

• Price fluctuation. Ethereum's price is largely based on speculation, which means it can rise or fall easily. Most cryptocurrencies can lose up to 20% in a matter of minutes.
• Asset Value: ETH is a one-of-a-kind crypto asset that derives most of its value from its utility to the crypto industry and price speculation.

Read More: What is Ethereum?

Where To Buy Ethereum Safely in Nigeria: Yellow Card

Before you buy ETH in Nigeria, knowing where to buy ETH safely and cheaply is key. As a leading crypto exchange in Nigeria, Yellow Card allows you to buy ETH, bitcoin, USDT, and other tokens in easily with no hidden charges. 

Yellow Card also provides the following benefits:

Asset security:

Yellow Card enables you to quickly and securely purchase ETH and other cryptocurrencies.  Yellow Card also has a two-factor authentication feature, protecting you from scammers.

Faster transactions:

Yellow Card provides quick ETH trades at the best rates in Nigeria no delays.

Convenient ETH Purchase:

With only a few steps, you can buy and sell ETH in Nigeria instantly on the Yellow Card using your naira. Yellow Card also offers 24/7 customer support in case you need assistance.

How to Buy Ethereum in Nigeria with Yellow Card

To buy ETH on Yellow Card, follow these simple steps:

1. Sign up for a Yellow Card account and verify your details for free.
2. Fund your wallet with Naira

• Click on the deposit button and Select the Payment method “Peer to Peer."
• Indicate the amount you wish to deposit and confirm the deposit
  (With Yellow Card, you can deposit as little as N500)
• After this, your balance reflects the new balance you deposited.

     3. Buy ETH

Once your account has been funded, you can buy ETH instantly as follows:

• Select Crypto tab
• Select the "Buy ETH" option in your wallet
• Select the amount of ETH you want to buy. 
• After you've confirmed your order, place the buy order. 
• After the buy order is confirmed, your ETH will appear in your wallet immediately.

How to Sell and Withdraw Your Ethereum from Your Yellow Card Account

Withdrawing funds from your Yellow Card is usually simple and quick. To withdraw funds from your Yellow Card: 

• Log into your Yellow Card account
• click on your ETH balance on the dashboard
• Click on sell and choose the amount you want to sell

Your balance will reflect automatically in naira.

• From your naira wallet, Click on Withdraw
• Indicate the amount you would like to withdraw and select “continue.”
• The funds will be reflected in your bank account after the transaction is confirmed. 

That’s all! We’re glad you finally got your Ethereum on the Yellow Card platform.

Read Also: What Does the Ethereum Shanghai Upgrade Mean for Your ETH Coin?

Yellow Card: The Best Place To Buy Ethereum

Besides the ease that Yellow Card gives you, we also offer discounts on Yellow Card when you refer friends to the platform with your unique referral link. 

Yellow Card is a pan-African crypto exchange in over 16 African countries with thousands of customers across the continent. 

Buy Ethereum Easily on Yellow Card.