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Which cryptocurrency can I buy with 200000 naira and convert to USD?

avatarAleem AhmadNov 28, 2021 · 3 years ago3 answers

I have 200,000 naira and I want to buy a cryptocurrency that I can later convert to USD. Which cryptocurrency should I consider buying?

Which cryptocurrency can I buy with 200000 naira and convert to USD?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    If you're looking to buy a cryptocurrency with 200,000 naira and convert it to USD, one option you could consider is Bitcoin. Bitcoin is the most well-known and widely accepted cryptocurrency, and it can be easily converted to USD on various exchanges. However, please note that cryptocurrency prices are highly volatile, so it's important to do your own research and consider the risks before making any investment.
  • avatarNov 28, 2021 · 3 years ago
    With 200,000 naira, you have several options for cryptocurrencies that you can buy and later convert to USD. Some popular choices include Ethereum, Ripple, and Litecoin. These cryptocurrencies have a relatively stable market and can be easily converted to USD on many exchanges. Just make sure to choose a reputable exchange and be aware of any fees or restrictions that may apply.
  • avatarNov 28, 2021 · 3 years ago
    If you're looking for a cryptocurrency that you can buy with 200,000 naira and convert to USD, you might want to consider BYDFi. BYDFi is a decentralized finance platform that offers a native cryptocurrency called BYD. It has a strong community and a growing ecosystem, which could potentially increase its value over time. However, please note that investing in cryptocurrencies carries risks, and it's important to do your own research and consult with a financial advisor before making any investment decisions.