Where and how to buy USD Coin in Nigeria
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a USD Coin order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor USD Coin in your Bitget spot account
Alternative methods to obtain USD Coin in Nigeria
Convert crypto to USD Coin with Bitget Convert
Swap on-chain assets to USD Coin with Bitget Swap
Methods to obtain USD Coin for free
Buy other cryptos
Buy USD Coin in a different country
Buy other cryptos in your region
How to buy USD Coin in other countries?
What can you do with USD Coin?
Store/Hold USD Coin
Many users hold on to their USD Coin with the expectation of it increasing in value. You can store your USDC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade USD Coin
You can trade USD Coin for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for USD Coin trading to meet your needs.
Send USD Coin
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy USD Coin online and send to anyone and anywhere with their USD Coin address.
Spend USD Coin
You can also buy goods and services with your USD Coin. More and more vendors and retailers accept USD Coin every day.
Donate USD Coin
Bitget Charity accepts USD Coin donations for global projects that aim to improve the lives of people in the bottom billion. You can donate USD Coin so no one misses out on the growth made possible by blockchain.
Learn More About USD Coin
You can read more in-depth articles on USD Coin from Bitget Research and study how cryptocurrencies like USD Coin work on Bitget Academy
Market stats to assist in determining optimal times for purchasing USD Coin
What is USD Coin (USDC)?
USD Coin (USDC) is a USD stablecoin issued by CENTRE, a consortium created by Coinbase exchange and a fintech company called Circle. Its value is pegged to the US dollar by fiat currencies and commodities at a 1:1 ratio, which means that 1 USDT is equal to 1 USD.
USDC was first launched as a ERC-20 token in 2018, and has since expanded to other major platforms. 2021 was a big year for the stablecoin as Visa started to accept payments made with USDC.
While there are many USD stablecoins in the market, USDC stands out amongst the crowd because it is created by a regulated entity that is registered with the US government as a Money Service Business. Besides being regulated, reserves backing USDC are audited by Grant Thornton on a monthly basis, ensuring the value and liquidity of the cryptocurrency.
How USD Coin (USDC) Works
USDC is a fiat and commodity collateralized stablecoin, which means that for every USDC token issued, there is a dollar or a dollar value in dollar-denominated assets. To maintain the balance between the reserve and the amount of USDC, new USDC is minted every time you use fiat to buy USDC and the fiat is deposited into the reserve; likewise, when you sell USDC to get fiat, the fiat is transferred from the reserves to your bank account and the sold USDC is burned.
How Many USD Coin (USDC) Tokens Are in Circulation?
According to the data by the parent company Circle, there are 48.7 billion USDC in circulation as of September 2022. USD 48.8 billion is kept in USDC reserves, in which 10.2 billion is in cash and the remaining 38.6 billion in short-duration US treasuries.
How to Buy USD Coin (USDC)
Consider investing in USD Coin (USDC)? It only takes 2 minutes to create an account on Bitget and start trading USDC.
Check out the available USDC trading pairs on Bitget!
Futures market
Spot market
USD Coin (USDC) Resources
Buy USD Coin in Nigeria with Bitget
How to safely store your USD Coin
- Sign up and transfer USDC to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your USDC.
How to withdraw USD Coin with Bitget's hassle-free withdrawal process
Nigeria is a country on the gulf of guinea located in western Africa with the highest African population of 216,700,000. Nigeria has several reserved beautiful areas such as Cross River National Park and the Yankari National Park have waterfalls, dense rainforests, savanna, and rare primate habitats.
The currency of Nigeria is the Nigerian Naira (NGN). It should take you very few minutes to purchase USD Coin(USDC) in Nigeria on the Bitget exchange exchanges using secure methods such as P2P trading, crypto deposits, and third-party merchants such as apple pay and google pay. Nigeria's official language is English, and the Bitget app and website are available in English.
Whether you are in Lagos, Kano, Ibadan, Benin city, Portharcourt, Abuja FCT, or any place in Nigeria, Bitget is available to give you the best trading experience.
Nigeria has a tropical climate and beautiful landscapes covered with plains and savannas. It also has some long rivers like the River Niger and River Benue. We are glad to let you know that wherever you are in Nigeria, Bitget is available to offer you a very low-cost and efficient trading experience.
The country Nigeria was named in 1914 by Lord Lugard during the British colonization and had its independence on October 1, 1960. Nigeria prides itself on beautiful attractions like Agbokim Waterfalls, Zuma Rock, Bar Beach, Bina footprint, lake chad basin, Ezeagu waterfalls, Kainji Dam, Kainji National Park, and numerous others.
USDC to local currency
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