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Buying Your First Crypto? Here are five things you must know

If you just started paying attention to cryptocurrency and are wondering whether to invest, here are five things you need to know before buying. Even if you’re an old pro, you probably know someone who’s curious because they read it online or overheard a conversation about how the price of some coin is surging and

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How To Buy & Secure Bitcoin for Your Kids’ Future

This is a step-by-step method for securing Bitcoin assets for your children. I’ll show you how to put some Bitcoin (BTC) on ice for 10 or 20 years when its value would have skyrocketed. We’re not going to discuss altcoins, initial coin offerings, mining, or any of the other more sophisticated topics. This is about

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Argentine Government Propose Salary Payments in Crypto

An Argentine lawmaker has just proposed a bill that would allow employees receive their salaries in Bitcoin and other cryptocurrencies. Jose Luis Ramon, Argentina’s national deputy for the Mendoza province, introduced a bill yesterday proposing allowing workers and service exporters to be paid in cryptocurrency in full or in part. Ramon believes that the approach

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How saving without investing can create a big problem for you

We’ve all heard the phrase “save, save, save,” with a few mentions of investments thrown in for good measure. But, in reality, they are inescapably connected. Saving without investing can indeed be costly, as this can result in the loss of money you’ve managed to save. Consider the following scenario: you’re saving for a car

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What Can You Buy With Your Bitcoin in Nigeria?

It’s now easier than ever to make use of your bitcoins without having to cash them out. You can either choose a merchant that accepts it or put your tokens toward gift cards if you’re searching for a way to spend some of the extra money in your wallet. There are now many ways to

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How is Cryptocurrency a threat to Nigerian Banks and the Naira?

According to a recent survey carried out by the Research & Development team at Coinnest Africa, 38% of crypto enthusiasts believe that crypto is a big threat to the local currency (Naira). More than 60% of the survey respondents feel that the recent move by the Central Bank of Nigeria to stifle crypto operations in

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Common Bitcoin Scams: How to Spot and Avoid them

Crypto transactions are a fast, hardly trackable way of transferring funds across the globe. That’s why this is such an attractive asset to “bad actors”. At Coinnest Africa, we always go the extra mile to protect your funds and data, however, you should be exclusively responsible for securing access to your own account and assets.

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8 Security Tips from Crypto Pros: How to Keep Your Bitcoin Safe.

Cryptocurrencies and blockchain technology offer a secure way to conduct financial transactions. However, cybercrime is rampant in the digital world. To help protect your digital assets and not fall prey to crypto robbers, we’ve compiled a list of our top 8 crypto security tips to follow. 1. Use Password Generators Passwords that consist of numbers

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What role will blockchain play in building Sub-Saharan Countries in Africa?

Despite being the second largest continent in the world, Africa is yet to overcome the core infrastructure bottlenecks plaguing its growth. The GDP of the nation has been growing at a 3% to 4% rate but progress hasn’t been achieved from a comprehensive standpoint. Having said that, the need for a solution arises that could

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DO’s & DON’Ts of Bitcoin: Some things you need to know

Bitcoin is the future. This is an undisputed fact. The massive boom in the price of Bitcoins has attracted hundreds of thousands of new users towards the cryptocurrency markets. The first thing you have to keep in mind is that you are taking a risk! Yes, the markets are very lucrative. What was just a