I didn't see any mention about Cryptocurrencies?
I think they have the potential to unlock financial transactions in and out of Africa. This insightful interview that Nairametrics did with Quidax gives a hint at it: https://nairametrics.com/2019/09/24/how-quidax-is-building-africas-next-billion-dollar-crypto-startup/

You can use cryptocurrencies like Bitcoin or XRP. The person will receive it in 30 minutes or less. The person just needs to have a cryptocurrency account which you can send it to. I recommend using a [url="https://quidax.com"]cryptocurrency exchange[/url] like Quidax.

1. What is easiest and cheapest way to send money from US to Nigeria, from Nigeria to US and how long it takes?

Using cryptocurrencies like Bitcoin, XRP, Ethererum are the fastest way to send money outside Nigeria not just to the US but also to other countries. In less than an hour, the transaction can be completed and you will pay much less in fees. The person on the other side just needs to have a cryptocurrency wallet/address. I usually use [url]quidax.com[/url] whenever I want to buy/sell cryptocurrencies as the platform is easy to use and withdraws to my bank account are instant.

zcnox:
Buy or Sell Bitcoin, Ethereum and Litecoin at best rate https://zcnox.online

guy have you tried out [url]quidax.com[/url] I do my trading of Bitcoin, XRP, Bitcoin Gold, Litecoin and Ethereum on the platform

handsomenonny:
No doubt, PayPal is about the most widely used payment
method for online transactions — worldwide. But sadly,
Nigerians are not allowed to use the service for receiving
and withdrawing funds (even though you can still use it
for purchases and to transfer funds to other PayPal
users.)

This restriction is one of the major worries of Nigerian
webmasters and online entrepreneurs. In fact, it is the
reason why some Nigerians are yet to start their online
businesses.

If you’re finding it hard to receive payment online
because Paypal is a no-no for we Nigerians, this post is
for you. Here, I’ll be discussing five alternatives to Paypal.

Note that these alternatives may not be perfect
replacements for Paypal, but they’ll provide an avenue
for you to receive payments from abroad. (Of course,
half a loaf is better than no bread.)
Now, let’s look at the alternatives you’ve got.

1. Skrill
Formerly known as Moneybookers, Skrill is one of the
best alternatives to Paypal that are available to Nigerians.
The service works just like PayPal, allowing you to send
and receive funds. You can also upload funds from your
Nigerian bank account and receive funds to it as well.
In fact, if you’re having a hard time converting your
Payoneer funds to cool cash (due to the present harsh
limitations on online dollar transactions), you can simply
upload the funds from your Payoneer card to your Skrill
account, and then request payment from Skrill to your
local bank account.

Note that you’d be required to verify your account
before you can be allowed access to the full features of
your Skrill account. Although it’s not as popular or widely
used as PayPal, it’s a cool alternative that you’d love.

2. Western Union Money Transfer
With this method, you can receive payment from
anywhere in the world. If you’re a freelancer, this may be
a good option for you — provided you have clients that
are understanding.

Note that you must have a valid government-issued I'd card (such as an international passport, national identity
card, or drivers’ license) before you can receive
payments.

Although this payment method is very speedy, it may not
suitable for very small payments due to the transfer and
transaction charges.

3. Payoneer Mastercard
This is the coolest option for Nigerians (in my own
opinion). With the Payoneer debit MasterCard, you can
receive payment from freelance job sites, affiliate
networks, individuals, and reputable companies.
To get your Payoneer debit card, you have two options:
If you’re going into online freelance business (writing,
web design, programming, SEO, graphics design, virtual
assistance, translation, etc.) or affiliate marketing, you
can request the card through the freelance outsourcing
site or affiliate network you want to work with. Elance,
Odesk, Freelancer, Markethealth, and Fiverr are
examples of Payoneer partners through which you can
request your own card.

Visit Payoneer’s website to request the card directly.
After your request has been confirmed by the Payoneer
support, you’ll be sent an email informing you of the
shipment as well as the expected delivery date. (You’d be
told to wait for 28 days, but I receive my own cards in
less than 20 days. So, it depends on your location in
Nigeria.)

The Payoneer card allows you to receive direct payment
from freelance sites and affiliate networks. Also,
individuals can load funds directly to your card from
another credit/debit card.
Once you have the funds on your card, you’ll get an
email notification from Payoneer, and you can withdraw
your funds instantly from any ATM that processes
Mastercard-issued cards.

4. Cheque
If you’re planning to venture (or you’re already) into
some affiliate marketing programs, such as Amazon
affiliates, receiving a check may be an option for you
(note that Amazon pays directly to Payoneer cards,
though). This option is suitable for freelancers, too.
Once you request your payment (from the company or individual you’re dealing with), a US cheque (check)
would be sent to your mailing address, and you can get
your cash at any Nigerian bank.
Receiving funds through cheques may take weeks,
depending on the bank you use as well as the issuing
bank. So, this payment method may not be suitable if
you need the funds urgently.
To receive funds via cheques, you must have a
domiciliary account (an international banking account
that can be used for sending and receiving payments
worldwide). You can easily open a domiciliary account
with any Nigerian bank, but you must have a valid
identity document (international passport, drivers’
license, or national ID card) and other requirements
(which vary depending on the bank). You can visit any
bank to make enquiries on opening a domiciliary
account.
Please note that transaction charges apply to cheques,
and these may vary from bank to bank.

WARNING: Have your cheque sent only to a valid
mailing address! If your address cannot be traced
easily, you may lose your cheque.

5. Bank Wire Transfer

This method of payment is very simple: your funds are
transferred from the sender’s bank account to your own bank account here in Nigeria. Once again, you’ll need a domiciliary account for you to receive payment through this method.
Though speedy as it may seem, this payment method is
not instant. You may have to wait for days to a few weeks before receiving your funds. But the option is suitable for almost everyone in online business.

6. 2Checkout(2CO)
Also known as 2CO, this service allows you to integrate a payment system on your website or blog. So, if you sell products or render services online, this option is for you. Just visit 2checkout.com and register. (Note that you’ll be charged an application fee of $10.) It takes a few days to get your account approved (they need to confirm that your business is credible). Once your account is approved, you can set up the payment button on your page.
With 2CO, you can receive payment from anyone,
regardless of the payment method that person chooses
(Paypal, credit/debit card, and over 5 others).
Subsequently, you can withdraw your funds from your
2CO account. Payment is made every Thursday
(provided you have up to the minimum release balance) to your Payoneer Mastercard, or your bank (domiciliary) account via check or Wire transfer.
You can find out more information about 2checkout on their FAQ page.

7. Online Money Transfer Services
You can also receive funds online here in Nigeria through online money transfer companies like Transferwise and Worldtrust.
These services allow you to receive funds directly into your Nigerian bank account at very low costs.
Using these services is very easy. Simply visit their
websites and register. Then follow the directions issued
on how to receive your funds. Note that using these
services would require that the person sending you the
money register with the site.
So, if you’ve always thought that online business is
impossible without PayPal, I’m sure you now know that
there are other options for you. Choose your preferred
option and start making cool cash from your online
business.

Now, I’m sure you love this…
Yes, I’m sure you love what you just read. which I started some weeks back with the aim of enlightening Nigerians who want to start online business but don’t know how.

With the advent of cryptocurrencies, you can also send money outside Nigeria using cryptocurrencies you can use a platform like [url]Quidax.com[/url] for it

InvestorO:
Still buying BTC at your rate.....contact siggy for fast transaction

Have you tried buying from [url]quidax.com[/url] the platform is easy to navigate and you can buy bitcoin, https://www.quidax.com/markets/btcngn XRP https://www.quidax.com/markets/xrpngn and Etherum https://www.quidax.com/markets/ethngn using your naira card and also through bank transfer.

InvestorO:
Still buying BTC at your rate.....contact siggy for fast transaction

Have you tried buying from quidax.com the platform is easy to navigate and you can buy bitcoin [url]https://www.quidax.com/markets/btcngn/url], XRP https://www.quidax.com/markets/xrpngn Litecoin and Etherum using your naira card and also through bank transfer.

You may be wondering, which cryptocurrency exchange makes it insanely easy to carry out Naira to Bitcoin conversions and vice versa. The answer, hands down, without an inkling of a doubt is Quidax. Quidax is your number 1 source of instant withdrawals and super fast conversions from Naira to Bitcoin. They can't be beaten. My experience so far has been incredible.

You are welcome.

aaronson:
Thanks for the insight sir, i really do appreciate.

You can buy XRP and other cryptocurrencies from Www.Quidax.com. I was able to buy with my card and receive instant withdrawals too.

Not only is Quidax pretty fast for cryptocurrency transfers and Naira withdrawals, it's incredibly fast. I'm a happy user. Give it a try.

aaronson:
Thanks for the insight sir, i really do appreciate.

You're welcome.

The safety of peer to peer depends on how effective the admin is. For example, someone may be able to game the system, by for example, stating that they did not receive the payment for the currency. With an instant exchange, those worries aren't as prevalent.

With regards to your second question, buying from an exchange for such purposes is possible.

aaronson:
I also need insight on this as well but not regarding to security/reliability but trading. Peer to peer is safe due to the usage of escrow service and admin as well.


My question as regard trading is how do people get btc for cheap to go sell on that peer to peer site? Do they buy from exhanges as well?

Cc Tabbaz
Justi4jesu
LadyF
Biafrabushboy

In terms of speed and reliability , I would suggest Quidax. Unlike some other exchanges, my experience with them has been stress free.

jamin006:
Is now the time to invest in cryptocurrencies?
The price for cryptocurrencies has dropped from $20,000 last year and to $4,200 as at this week should I still consider investing in cryptocurrencies?

This might be the best time to buy cryptocurrencies with the prices lower than they have been in a year. This is a buyer's market. Some people might say that the price of crypto dropping shows that it was a scam all along. However, the crypto market play is a long term play. Also, because the application of crypto like bitcoin provides solutions to real world problems there's a certainty that now is probably the time to invest. You could check out www.quidax.com if you use the promo code "Nairaland" which is worth 2,000 Naira which you could use to get started.

noskcid:
good evening nairalanders,
am a young guy who is opportuned to be making money at a young age. I have up to a million naira in my account right now and I want use the money wisely. that's why I decided to buy a car so as to register it with uber or taxify.
my questions goes thus:
can I get a good Toyota car for 1million
what's the daily or weekly income
which is the best location
and please you can also advise me on other things I need to know about it.
thanks God bless you all

The price for crypto has dropped from 20,000 USD last year and to 4,200 USD as at this week. Now is the time to invest. However, I advise that you start with understanding cryptocurrencies. Also, platforms like www.quidax.com will give you 2,000 Naira to start if you use the promo code, 'NAIRALAND' that way you can start learning to trade at no cost to you.

Austramoney:
Do you have Bitcoin wallet , Etheruem Get paid $2 for taking selfie Get paid $2 each person you refer get paid in Bitcoin , Etheruem No Scam is 100% legit say hi with Your WhatsApp number let me send you info
Hard Working is Required No investment but hardworking is Required

You can join. The Telegram group on my Signature if You need help

Bitcoin is 10 today, to celebrate Quidax is giving N10,000 to 100 new users today. Every 10th user gets 10k after signing up. Click this link: http:///2SvMapA to find out more information.

Bitcoin is 10 today, to celebrate Quidax is giving N10,000 to 100 new users today. Every 10th user gets 10k after signing up. Click this link: http:///2SvMapA to find out more information.

Bitcoin is 10 today, to celebrate Quidax is giving N10,000 to 100 new users today. Every 10th user gets 10k after signing up. Click this link: http:///2SvMapA to find out more information.

Bitcoin is 10 today, to celebrate Quidax is giving N10,000 to 100 new users today. Every 10th user gets 10k after signing up. Click this link: [url]quidax.com/blog[/url] to find out more information. T&Cs apply