EXMO.com, known for its user-friendly platform and favorable trading conditions, offers an Earn program that provides passive yield by lending assets through Gearbox Protocol and other DeFi platforms. For Nigerians interested in earning passive income, EXMO.com offers a safe and reliable avenue.
How to buy bitcoin in Nigeria?
Before we dive into the intricacies of EXMO.com’s Earn program, let’s talk about how easily Nigerian traders and investors can procure Bitcoin from the exchange. Below are five methodical steps to buy Bitcoin in Nigeria.
- Open an account: The first thing you have to do is register an account. Start by furnishing the requisite details, typically including your email address, a secure password and any additional verification mandated by the platform. EXMO.com enables account creation in approximately two minutes, which is significantly quicker than many other exchanges.
- Authenticate your identity: Fulfil KYC requirements by submitting necessary identification documents. This measure is vital for adhering to regulatory norms and fostering a secure trading environment. At EXMO.com, document processing for verification is usually completed within two minutes.
- Deposit funds: Following successful identity verification, deposit funds into your account using the provided payment options. EXMO.com facilitates straightforward balance top-ups via Visa and Mastercard. A video tutorial is available to guide you through the process of depositing funds on EXMO.com.
- Procure bitcoin: With a funded account, you are ready for trading on EXMO.com. You can exchange NGN for USDT and acquire over 30 different cryptocurrencies, including BTC. A comprehensive manual is available to assist you in purchasing bitcoin in Nigeria.
Trading and storing bitcoin in Nigeria
After completing your crypto transactions, you can securely store your Bitcoin in a multi-currency wallet on EXMO.com, which safeguards your assets with advanced security protocols designed to prevent and neutralize potential cyber threats.
However, you don’t need to simply hold your assets in anticipation of future trades. With the innovative Earn program offered by EXMO.com, you can effortlessly generate a monthly yield on your cryptocurrency holdings. By depositing Bitcoin, Ethereum, Tether, Litecoin, Polkadot, or other cryptocurrencies into your account, you unlock a variety of flexible investment opportunities, allowing you to optimize your profits in a simple and effective manner.
Introducing EXMO.com’s Earn program
The Earn program enables traders to generate substantial returns from their cryptocurrency holdings. The program has partnered with Gearbox Protocol, a prominent DeFi protocol, to facilitate earning passive yields through secure lending of assets. Additionally, it incorporates yield sources such as Aave, Compound, and MakerDAO, along with numerous esteemed DeFi protocols and staking services.
Reasons to join the Earn program
EXMO.com’s Earn program offers several key advantages:
- Supplementary income from cryptocurrency: The Earn program allows participants to accrue rewards by contributing BTC, ETH, USDT, USDC, DAI, and other assets to the Gearbox lending pools. This provides a straightforward method for investors to cultivate yield on their holdings
2. Competitive rates: EXMO.com prioritises offering competitive rates that keep you ahead of the curve. This not only attracts new users to the platform, but also fosters a vibrant community of engaged investors.
- Effortless procedure: Following the conclusion of the subscription period, participants are automatically endowed with their rewards. The auto-renewal feature guarantees a continuous and effortless reward collection process.
- Enhanced yield through EXMO Coins: Possession of EXMO.com’s proprietary token, EXMO Coin (EXM), in one’s balance activates elevated rewards for various assets, thereby increasing the potential for augmented earnings.
Start earning today: it’s simple!
EXMO.com’s Earn program is designed for everyone. Here’s how to get started:
- Create a free EXMO.com account (it’s quick and easy!).
- Fund your account with your preferred crypto or buy directly with your credit card.
- Head to the Earn page and choose your desired asset and subscription plan.
- Click “Start” and watch your passive income grow!
Conclusion
EXMO.com’s introduction of the Earn program marks a significant advancement in providing Nigerian traders and investors with a reliable avenue for generating passive yield from their cryptocurrency holdings. By partnering with reputable DeFi protocols like Gearbox Protocol, EXMO.com offers a secure platform for lending assets and earning rewards.