When you want to sell bitcoin for naira, there are two common factors you’ll consider. We can say there are two common factors everyone considers, which is the rate used to calculate the amount you’ll get and the legitimacy of the platform you want to trade with. We both know no one wants to lose their hard earned bitcoin to scammers.

In this article, we’ll not only tell you the best app to sell bitcoin for naira at the best rate in Nigeria, but we’ll also tell you which alternative to use if you don’t want to use apps, tell you how to spot scammers, and explain the steps to take if you want to sell bitcoin for naira anytime in Nigeria.

Best App To Sell Bitcoin For Naira At Best Rate

There is no doubt that the best app to sell bitcoin for naira at the best rate is Dtunes. Aside from the good rates offered, Dtunes also has the shortest transaction time, dedicated customer service representatives available to assist you 24/7, very fast withdrawal process, and an easy to navigate and secured application.

Dtunes bitcoin rate calculator

Considering the fact that the dollar to naira rate isn’t constant, Dtunes built a publicly available bitcoin rate calculator that you can use anytime, from the comfort of your phone or PC, to check the updated exchange rate of bitcoin to naira without having to download the Dtunes app.

Follow the steps below to use Dtunes rate calculator;

• Step 1: Visit www.dtunes.ng on your phone or laptop via any web browser of your choice
• Step 2: On mobile, expand the main menu and click on rate calculator. On desktop, click on rate calculator in the header of the website
• Step 3: You’ll be taken to the rate calculator page used for both gift cards and crypto. Proceed to click on crypto, and there you can check the updated rate for bitcoin depending on the amount in USD that you want to sell. 

Other cryptos that you can sell on Dtunes

Now that you know how to check the updated rate of bitcoin using the Dtunes bitcoin rate calculator, this is the best time to let you know about other popular cryptos that you can sell on Dtunes.

You can also sell Litecoin (LTC), Binance Coin (BNB), and Tether (USDT) on Dtunes. The same procedure explained above to check the updated rate of bitcoin is also applicable to every other coin mentioned above.

How to sell bitcoin on Dtunes

Installing the Dtunes app on your mobile device is a prerequisite to beginning the process of selling bitcoin through the Dtunes platform. Click to Download Dtunes App for your device. 

After you have the app downloaded on your mobile device, you can sell your bitcoin for immediate cash by following the step-by-step guide that is provided below.  

Step 1 – Create an Account : Proceed to launch the app, and you’ll be welcomed with a lovely screen. Create an account using your email address, and make sure it has a secure password.

Step 2 – Log into the app : Now that you have an account that has been created for you, you can log into the app just like you would any other phone app. 

Steps 3 and 4 – Set Pin and Bank Details : You will get several pop-up notifications as soon as you log into the app reminding you to set up your transaction pin and bank information. Go ahead and set them up. You can always set your PIN and bank information on the settings page in case you close the pop-ups by accident. The icon can be found in the app’s bottom right corner. 

Steps 5, 6, and 7 – Initiate trade: After setting up your account correctly, you can begin trading. On the home page, click on Trade Crypto to start trading. This will take you to a new page where you can see the leaderboard. Simply click on the “Trade Crypto” button above and then pick BTC or any other coin you want to trade.

Step 8 – Enter the crypto amount: The next page will let you enter the exact amount of cryptocurrency you wish to sell. Once you type it in, you will see the new rate and the amount you will get.  

Step 9 – Transfer the crypto amount: You can make a wallet address or QR code by clicking on trade after entering the amount of crypto you want to sell. Proceed to transfer the crypto, and your transaction will be confirmed.

Step 10 – Check your wallet: Once your transaction is confirmed, you can look it up in your transaction history. You’ll also see your funds displayed on the app’s home page. 

You now have the option of either withdrawing the funds into your naira bank account or using them to pay bills directly within the app itself.

Other alternatives if you don’t want to use Dtunes app

If you’re the type that prefers to trade your bitcoin via WhatsApp vendors, then this is for you. Aside from using the Dtunes app to sell your bitcoin to naira, Dtunes also has 24/7 readily available agents on WhatsApp that are constantly available to take your trade anytime of the day. 

Click Sell Bitcoin on WhatsApp to initiate a bitcoin transaction with a Dtunes agent directly on WhatsApp. 

We understand that scammers are everywhere, and who knows? Probably you’ve once been their victim, looking for every means to avoid them or falling into their trap. The section below explains how you can spot a scammer to avoid losing your hard earned bitcoin.

How to spot bitcoin scammers

Spotting a Bitcoin scammer is crucial in the cryptocurrency space, where scams can take various forms. Here are some tips to help you identify potential Bitcoin scams:

Too Good to Be True Promises: Be skeptical of schemes promising exceptionally high returns with little or no risk. If an investment opportunity sounds too good to be true, it probably is.

Unsolicited Offers: Be cautious of unsolicited messages, emails, or social media contacts offering investment opportunities. Scammers often reach out to potential victims out of the blue.

Impersonation of reputable brands: Scammers may impersonate well-known companies, cryptocurrency exchanges, or prominent figures in the crypto space to gain trust. Verify the legitimacy of any communication by double-checking the official website or contacting the supposed sender through official channels.

Pressure Tactics: Scammers often use high-pressure tactics to force quick decision-making. They may claim the offer is time-sensitive or that you must act immediately to take advantage of an opportunity. Take your time to research and make informed decisions.

Fake website or URL: Check the website address carefully. Scammers often create fake websites with URLs that resemble legitimate ones. Ensure the website is secure (https://) and matches the official site of the service or platform.

Ugly looking website: Most scammers don’t really care about branding or how they appear. So they put little to no effort into building a website because the main purpose of the website isn’t to get clients but to dupe them. Most of these websites are always poorly designed and unstructured.

Lack of information on the brand: legitimate brands usually have active social media like instagram, LinkedIn, twitter, Facebook, etc. Most legitimate brands also have mentions from reputable news outlets and websites.

Use a known and trusted exchange like Dtunes: Stick to well-known and reputable cryptocurrency brands and exchanges. Research and read reviews before choosing a platform to ensure it has a good reputation for security.

Remember, it’s always better to be safe than sorry. If something feels off or if you have any doubts, take the time to investigate and seek advice from trusted sources in the cryptocurrency community.