Litecoin saw a tremendous increase in the year 2017. It rose by over 7000%, this far surpasses bitcoin percentage of about 1700% in 2017. Litecoin increase was long expected because it has some advantages over bitcoins as its confirmation time is 4 times fast. It can process more transaction in a shorter time which makes it practically impossible to fake. You can now fully live a normal life in some countries transaction on Litecoin alone as the number of merchants that accepts Litecoin for exchange for goods and service have significantly increased. Holders can now use Litecoin to buy things from as cheap ad foodstuffs to as expensive as a Mercedes Benz car. you can read more on Litecoin here
The number of Litecoin exchanges have also increased to meet the high demand of Litecoin. Here is the list of Top Litecoin exchanges in Nigeria. I have personally done Transaction with all of them and I can attest that they are reputable.
Before you buy Litecoin, you need to have a Litecoin wallet. You can create Litecoin wallet at Coinomi, coinbase, Exodus and Jaxx. Once you have a Litecoin wallet, you can proceed to buy Litecoin.
Top 4 Exchanges to Buy and Sell Litecoin in Nigeria.
This is an international exchange through which users can buy Litecoin and 19 other cryptocurrencies with the Master or Visa Debit/Credit card. It also allows you do exchange these 20 currencies with each other. The changelly website is really simple and easy to use yet secure and fast. The minimum worth of cryptocurrency you can buy in Changelly is that of $100 (37,000 Naira).
If you don’t have a debit/credit card or wish to buy Litecoin of less than 100 USD, then the exchanges below will meet your need.
Buy Litecoin on Changelly
Ngexchanger in my own opinion is the number one exchange to buy Litecoin from in Nigeria. This is because they have a simple and user-friendly interface, their customer support is polite and very responsive. Also, their processing time is quite fast. Ngexchanger office is located in Port Harcourt Nigeria. You can contact them via their Phone Number, WhatsApp and the Live Chat on the Ngexchanger website. All this information is available on their website. Aside Litecoins, you can buy other cryptos like Bitcoin, Ethereum, Ethereum Classic, Ripple, Neo, Dashcoin, and other digital money like perfect money.
Buy Litecoin on Ngexchanger
Instant Gold Nigeria.
I can say InstantGoldNigeria is the ‘baba’ when it comes to digital money exchange in Nigeria. There have been in the business for 11 years now. My first transaction with this exchange was in 2013 when I purchased ‘OK Pay’ from them and later also sold it through them in 2015. I have also purchased currencies like Bitcoin and Litecoin on this platform through 2016, 2017 and currently 2018. The InstantGoldNigeria Platform is not as user-friendly as Ngexchanger above, however, their reputation and service remain efficient. This exchange has its office in Ikeja-Lagos and Port Harcourt. Currencies that can be purchased and sold on these sites include;
Cryptocurrencies: Litecoin, Bitcoin, Ethereum and Bitcoin Cash.
Other digital money: Perfect money, Neteller, Webmoney, Payza, Payeer, SolidTrust, Paypal, Skrill, Advcash and OKpay.
Buy Litecoin on InstantGoldNig
Nairaex can to the limelight in early 2016 where there was high demand for Bitcoin in Nigeria. They were one of the few exchanges 2016 to meet this demand as many other exchanges ran out of bitcoin. This consistency has gained loyal customers over the years. Nairaex initially exchanges Bitcoin alone, however, they have expanded their coast to include the purchase of Litecoin, Ethereum, Litecoin, Bitcoin cash and Perfect money. I have performed a transaction with them once and I would say that they are quite strick with their rules but very professional. Their office is located in Abeokuta – Ogun State.
Buy Litecoin on Nairaex
Which is The Best Litecoin Exchange?
There you have it. These are the top 4 Litecoin exchange in Nigeria that I can vet for. You can buy Litecoin and other cryptocurrencies rest assured that transaction will be smooth. They are all reputable, the choice of the one to buy from is totally dependent on you, you can try them out to see the one that works best for you.
If there are more exchanges that you think are reputable that you want me to look into, drop me a comment below.
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