Today, we’re going to be talking about how to convert your Bitcoin to Naira using the Breet app. If you’re anything like me, you love the convenience of using apps to get things done. And with the rise of cryptocurrency, it’s more important than ever to have a quick and easy way to convert your Bitcoin to your local currency.
First things first, let’s talk about what Bitcoin is. Bitcoin is a type of digital currency that can be used to buy goods and services. It’s decentralised, meaning that it’s not controlled by any government or financial institution. This can be both a good thing and a bad thing – on one hand, it means that your money isn’t subject to the whims of any particular authority. On the other hand, it can be a bit confusing to figure out how to use Bitcoin in the first place.
That’s where the Breet app comes in. Breet is a Nigerian-based app that allows you to sell Bitcoin, as well as other cryptocurrencies. It’s simple to use, even if you’re not particularly tech-savvy.
What Is Breet App?
Breet app is the most widely used app in Nigeria for selling cryptocurrencies. It offers the best and highest crypto rates in Nigeria and is automated, easy to use, quick, safe, and fast.
If you need to accept cryptocurrencies and buy their fiat counterparts, Breet is an automated cryptocurrency exchange platform that enables individuals and businesses to quickly convert cryptocurrencies like Bitcoin to fiat money.
Without using peer-to-peer trading or outside brokers, Breet enables users to securely convert cryptocurrencies into real money and withdraw within 5 minutes. This alone is a wonderful feature. Hence, businesses may now accept bitcoin payments from customers in Nigeria without making them wait hours for payment confirmation.
How To Use The Breet App To Convert Bitcoin To Naira
Here’s how to use it to convert your Bitcoin to Naira:
- Download the Breet app from your app store of choice.
- Sign up for an account. This will involve providing some personal information, as well as verifying your identity.
- Once you’re logged in, go to the “sell Bitcoin” section of the app.
- Enter the amount of Bitcoin you want to sell.
- Choose “Naira” as your payout currency.
- Enter your bank account details.
- Confirm the transaction.
Step-by-step process
1. Install the Breet App
Before you can convert Bitcoin to Naira with Breet, you have to initially install the app onto your desired device via a selected online storefront. No matter if you use Apple’s App Store or Google Play, utilise their search bar to locate “Breet” and proceed with downloading it directly onto your mobile phone.
2. Creating a Breet Account
Upon accessing the Breet application, a request for registering would appear on the screen which involves supplying certain private details like full name and email address. Furthermore, in order to validate that it is you who has created the account, official papers such as identification cards or passports should be submitted for KYC verification. This enhances security.
3. Convert Bitcoin To Naira
Upon logging in to your account, proceed to the segment labelled “Bitcoin” within the app. Following the completion of registration and confirmation of identification, access will be granted to your Breet profile. Subsequently after accessing said profile, locate and select the designated area titled “Bitcoin.” Typically this category can either be found on display at the initial launch or situated under a navigational menu option.
4. Kindly input the quantity of Bitcoin you intend to sell.
Within the segment titled “Bitcoin” designated on this application, it is necessary that you provide a numerical value representing your desired amount of Bitcoins up for sale. Ensure utmost precision in reviewing said sum prior to executing any transaction.
5. Opt for “Naira” as your chosen currency of payout
Following the inputting of the Bitcoin amount you intend to sell, it is imperative that you take a moment to select “Naira” as your preferred option for receiving payment. The Naria formulates an important part of Nigeria’s economic milieu amongst which Breet finds its domicile.
6. Enter your bank account details
Kindly provide the necessary bank account information so that we may transfer payment whenever you convert Bitcoin to Naira. The required details typically encompass the name of your banking institution, as well as both its bank number to your personal account.
7. Please verify the exchange
Once you have accessed your Breet account, opt for the transaction which requires validation. Upon successfully reaching out to your Breet profile, identify and pick the particular transfer that is awaiting confirmation.
In order to ensure the completion of said financial exchange via Breet services, you will see the status of your transfer reading. You will see “successful” once the transaction has been completed.
In rare cases where you have an issue with a transaction, the Breet support team is always available 24/7 to help you address any complaints.
Conclusion
And that’s it! The Breet app will convert your Bitcoin to Naira and deposit the money directly into your bank account. It’s a simple, secure way to turn your cryptocurrency into cash.
If you’re looking for an easy way to convert your Bitcoin to Naira, the Breet app is definitely worth checking out. It’s user-friendly, secure, and can save you a lot of time and hassle. Plus, who doesn’t love the convenience of being able to manage their finances with just a few taps on their phone? So go ahead and give it a try – you might just find that it becomes your go-to app for all things crypto-related!