Many new Nigerian Bitcoin users ask how to fund their Bitcoin wallets or accounts. If you don’t have a Bitcoin wallet yet, please read “how to create a bitcoin wallet in Nigeria” for how to do that. You can fund your Bitcoin wallet either by buying Bitcoin or getting someone to transfer to you. In this article, we will be focusing on the transfer option.
For those who already have Bitcoin wallets, here’s how you can fund your wallet and receive Bitcoin.
Whatever Bitcoin service you use, it should have a Bitcoin wallet created for you. If it doesn’t you might have to create one yourself. So look at the options for “Wallet” on your Bitcoin service. In this tutorial, we will explain how to fund a Bitcoin wallet on Bitkoin Africa, Coinbase and Blockchain.
What is a Bitcoin Wallet?
Every Bitcoin wallet provides a unique address of about 34 characters and is alphanumeric(contains numbers and letters). It serves as an account number that is unique for you to receive Bitcoin. You can also send Bitcoin from that address.
1. Funding Bitcoin wallet on Bitkoin Africa.
Create an account on www.bitkoin.africa, fill in your details, verify your phone number and email, then log in. After logging in, you will be presented with the dashboard.
i. Visit the wallet
You can visit the wallet service on Bitkoin Africa by clicking on “wallet” then “wallet” again.
iii. Displaying your bitcoin address
Your current wallet balance will be made available to you and you will see a button “display wallet address”. When you click it, your Bitcoin address will be displayed. You will also see a QR code. The QR code can be scanned by a Bitcoin app to generate your wallet address.
2. Receiving Bitcoin on Blockchain.info
Blockchain.info is one of the most secure Bitcoin wallet services globally. Create a Blockchain account and verify all the necessary information. Afer that, login to view the dashboard
i. View your wallet on Blockchain.info
To view your wallet, Click Bitcoin on the left sidebar and click on “Request”. A popup will be displayed and will contain your Bitcoin wallet address. You can also view the QR code for your wallet.
3. Funding Bitcoin wallet in Nigeria on Coinbase
Sign up for Coinbase at www.coinbase.com and confirm your email and phone number. Once that is done, login to coinbase. You will be directed to the coinbase dashboard.
i. Navigating to accounts in Coinbase
Click the accounts view and you will proceed to a list of Coinbase accounts. Coinbase supports several cryptocurrencies so be careful to select Bitcoin.
ii. Viewing wallet address in Coinbase.
On the left sidebar, click on “BTC Wallet” and then click on “Receive”. A popup will be displayed showing your Bitcoin address as well as a QR code.
Now that you’ve learned how to receive funds in your Bitcoin wallet, you might like these other articles.