TOP 8 SUCCESSFUL CRYPTO TRADERS IN NIGERIA

Cryptocurrency trading has been a profitable venture for many Nigerians, with the country being one of the largest markets for digital assets in Africa. Over the years, there have been many successful crypto traders in Nigeria who have made significant profits trading cryptocurrencies like Bitcoin, Ethereum, and many others. Cryptocurrency trading started gaining popularity in Nigeria around 2016 and 2017 when the value of Bitcoin and other cryptocurrencies surged. This was also fueled by the economic recession in Nigeria, which made many Nigerians look for alternative investments to hedge against inflation and devaluation of the Naira. Additionally, the rise of mobile phone technology and increased internet access made it easier for Nigerians to access cryptocurrency trading platforms and invest in cryptocurrencies. In this article, we will be looking at the top 8 successful crypto traders in Nigeria, not in any order.

Top 8 successful crypto traders in Nigeria

Owenize Odia

Owenize Odia is a well-known cryptocurrency trader in Nigeria who has made a name for herself in the crypto community. She holds a degree in Computer Engineering and a Master of Science in Mobile Computing (Distinction) from the University of Hertfordshire. She previously worked for Zenith Bank as Mobile Payment Lead and is passionate about mobile payments and crypto-currencies. She currently is the Country Manager of Nigeria at Luno.

Ugochukwu Aronu

Ugochukwu Aronu, popularly known as Ugo Twist, is another successful crypto trader in Nigeria. He is the CEO and Co-founder of the Nigerian-based cryptocurrency exchange, Xend Finance. Aronu has been involved in the cryptocurrency industry for many years and has been successful in trading cryptocurrencies like Bitcoin, Ethereum, and Litecoin.

Chris Ani

Chris Ani is a popular cryptocurrency trader and the founder of DABA School, a blockchain education platform in Nigeria. Ani has been involved in the cryptocurrency industry since 2016 and has been successful in trading cryptocurrencies like Bitcoin, Ethereum, and Ripple. He is also the author of the book “Cryptocurrency Trading for Beginners.”

Tomiwa Lasebikan

Tomiwa Lasebikan is the founder and CEO of the cryptocurrency investment company, BuyCoins Africa. He is a successful crypto trader in Nigeria and has been involved in the cryptocurrency industry for many years. Lasebikan has been successful in trading cryptocurrencies like Bitcoin, Ethereum, and Ripple.

Chimezie Chuta

Chimezie Chuta is a cryptocurrency trader, investor, and blockchain advocate in Nigeria. He is the founder of Blockchain Nigeria User Group, a community of blockchain enthusiasts in Nigeria, and also the CEO of Blocktech Africa, a blockchain consulting firm. Chuta has been involved in the cryptocurrency industry since 2015 and has been successful in trading cryptocurrencies like Bitcoin, Ethereum, and Ripple.

Lucky Uwakwe

Lucky Uwakwe is the founder and CEO of the Nigerian-based cryptocurrency exchange, SaBi Exchange. He is a successful crypto trader in Nigeria and has been involved in the cryptocurrency industry for many years. Uwakwe has been successful in trading cryptocurrencies like Bitcoin, Ethereum, and Ripple.

Franklin Peters

Franklin Peters is a cryptocurrency trader, investor, and blockchain advocate in Nigeria. He is the founder and CEO of Bitfxt Technologies, a blockchain-based financial technology company. Peters has been involved in the cryptocurrency industry since 2015 and has been successful in trading cryptocurrencies like Bitcoin, Ethereum, and Ripple.

Timi Ajiboye

Timi Ajiboye is a cryptocurrency trader and blockchain developer in Nigeria. He is the co-founder of BuyCoins Africa, a cryptocurrency investment company in Nigeria. Ajiboye has been involved in the cryptocurrency industry since 2016 and has been successful in trading cryptocurrencies like Bitcoin, Ethereum, and Ripple.

There are other successful traders who are below the radar and efficiently make use of web-based platforms like DartAfrica to trade frequently. DartAfrica allows those who want to convert their cryptocurrency holdings into local currency for various purposes, such as paying bills or making purchases with their local fiat. Traders exchange crypto for fiat and pay others in a p2p-like system where they buy from their peers and quickly trade it on DartAfrica. Users opt to use DartAfrica because it offers zero transaction fees compared to other exchange platforms or traditional financial institutions. Additionally, the platform offers high exchange rates, fast and secure transactions, as well as a user-friendly interface that is easy to navigate. Following the steps below, a lot of successful traders have created their own free p2p exchange:

  1. Head over to their website to register in very few quick and easy steps.
  2. Next, log in to your account and click “Security” to create a transaction pin for authorizing withdrawals.
  1. Click on “Account Details” to set up your local bank account.
  2. Click on “Sell Coins”, and select the coin you wish to deposit. Enter the USD amount (min $20).
  3. Click “Sell Now” and a barcode (and wallet address) is provided for you to deposit the equivalent amount you wish to sell. This is where traders paste the DartAfrica wallet for their customers.
  4. Once the deposit is complete, you can monitor your transaction in the “Trades” section and after 2 block confirmations, the equivalent fiat is deposited in your account. This can be viewed on your “Dashboard”.
  5. Click “Withdraw funds” and enter the amount you wish to withdraw to the already set up account in step 3. Your local bank is credited instantly with no hidden charges. Traders proceed to pay their customers the agreed amount and take the reaming as profit.

In conclusion, the cryptocurrency industry in Nigeria has produced many successful traders over the years. These traders have been successful in trading cryptocurrencies like Bitcoin, Ethereum, and many others. If you are interested in trading cryptocurrencies in Nigeria, it is important to do your research and learn from these successful traders.