If you are looking to buy, sell, and swap cryptocurrencies, you’ll need to find the right crypto exchanges to use. Some are Nigerian-based while some are foreign exchanges that can be used in Nigeria.
There are hundreds out there and these crypto exchanges are among the best.
Binance Exchange is the largest international crypto exchange by trade volume and one of the fastest in the world. The exchange has other features such as staking, P2P funding, NFT marketplace, and OTC trading. You can also stake your BNB coin in the BNB Vault to earn airdrops. If you are looking to sign up, click here.
KuCoin is an international cryptocurrency exchange for numerous digital assets and cryptocurrencies. The exchange has other features such as staking, trading bot, P2P funding, OTC trading, and crypto lending. If you are looking to sign up, click here.
Gate.io is one of the biggest international crypto exchanges and has even more diverse crypto project selections. The exchange has other features such as staking, P2P funding, copy trading, and crypto loan. If you are looking to sign up, click here.
Hotbit has accumulated 1,000,000+ registered users from more than 170 countries and areas all over the world. The exchange has other features such as staking and trading. If you are looking to sign up, click here.
SOFT & HARD WALLETS
If you’ve been in crypto for some time now, you’ve probably heard the phrase, “Not your keys; not your coins.” In the crypto world, this phrase means s/he who has the private keys to the wallet owns or controls the coins. A centralized exchange (CEX), such as the ones mentioned above, handles the custody of any of your crypto coins in their exchanges or platforms. While this may sound comfortable to some of us, with DeFi wallets, you will have control of your private keys or seed phrase and that means you will have custody of your coins.
You can trade or swap your coins in decentralized exchanges (DEX) and will also have access to decentralized financial protocols such as staking, yield farming, lending, and borrowing. If you’re further interested in taking additional steps to secure your cryptocurrencies, use a hardware wallet or cold storage such as Ledger and Trezor.
Here are some of the wallets I use to store my cryptocurrencies.
Trust Wallet is a decentralized, non-custodial wallet that allows you to buy and store cryptocurrencies and NFTs. It is an open-source wallet that also allows you to stake some cryptos, access DApps built on several blockchain networks, and exchange or swap cryptos with different DEXes. Trust Wallet doesn’t store your cryptocurrencies or private keys (recovery phrases) on its servers but only gives you access to the wallet. It’s available on Android and iOS, click here to download yours.
MathWallet is a decentralized, non-custodial wallet that offers support for more than 95 public blockchain networks, enables the storage of cryptocurrencies, features cross-chain token exchanges, has a multi-chain DApp store, and operates nodes for PoS chain. It’s available on Android, iOS, and as a browser extension. Click here to download yours.
MetaMask is a decentralized, non-custodial wallet that allows you to buy, store, send, and swap cryptocurrencies and NFTs. The wallet provides an essential utility for blockchain newcomers, token traders, crypto gamers, and developers, and also allows you to explore blockchain-based applications. It’s available on Android, iOS, and as a Chrome extension. Click here to download yours.
Since I share cryptocurrency and blockchain content with awesome people like you, naturally my content may contain affiliate links for some wallets, exchanges. research tools, and resources I use and love. If you take action (i.e. subscribe, make a purchase) after clicking one of these links, I’ll earn some affiliate commissions which I will use to keep the blog running while creating more helpful and useful content for you.