We knew from the beginning that we wanted to be the number one guide to digital exchange and that we wanted to provide the best services possible when it comes to digital exchange.
The bitcoin wallet system has been completed for some time, but we needed to ensure that it was error-free and flawless before releasing it. A larger percentage of MYBTC FC (if you are not in this group, you are missing out😂😂) has asked for it, suggested it, clamoured for it, and pleaded for it, and I am pleased to inform you that it is now available(Somebody play me dorime but put off the light first 😎😛)
Holl up holl up before we party hard here is all you need to know about the new bitcoin wallet system.
What is an ewallet?
The wallet capabilities on MyBTC App allow each user (new or existing) to have their own wallets, each with their own address. This wallet system allows you to purchase, sell, send and store bitcoin. Please don’t ask me if it allows you to mine bitcoin😒.
How to get your wallet address
During the registration process, a newly registered user will be given a BTC wallet, which can be seen on the balance page, which is situated in the application’s header, as shown below
To obtain a wallet as an existing user, just browse to the balance page, where the button to obtain the BITCOIN wallet will be presented. Simply click the button to generate your BITCOIN wallet.
HOW TO CONVERT YOUR CASH TO BTC AND VICE VERSA
In a user’s crypto wallet, there are three sorts of conversions that may be performed,
- Conversion of Naira balance to BTC wallet balance
- Conversion of BTC balance to Naira balance
- How to convert your gift card to bitcoin
How to convert your Naira balance to bitcoin balance
Simply click the Buy Crypto button in the Naira balance area of the My Balance page to convert your Naira balance to BTC wallet balance. You would be taken to another page to select the wallet you wish to convert to, enter the amount you wish to convert in dollars, then wait for like a second to get the amount equivalence in Naira and coin value
Click on the continue button to proceed, then a box showing the summary of your conversion would be shown. If it is all is okay kindly click on the Confirm button
An email will then be sent to your mail containing the verification code to complete the conversion. Kindly input the code and click on the finish up button to complete the conversion. After this, the conversion amount would be removed from your Naira balance and your BTC wallet will be credited. A completed order containing the details of this conversion would be automatically generated which will be visible to you as a user in your orders list.
How to convert your gift card to bitcoin
After successfully trading a valid card gift card on MYBTC NIGERIA the total amount of the card traded will be added to your balance page
All you need to do is click on buy BTC and follow the above illustration on how to convert your Naira wallet balance to BTC balance.
How to convert your crypto wallet balance to Naira balance
To convert from your BTC wallet balance to Naira balance, you need to click on the Sell BTC button on the BTC wallet balance section of your balance page or any other crypto (kindly note that only BTC is available for now other types of cryptocurrencies will be added very soon).
You would then be taken to another page, kindly enter the amount you wish to convert in dollars, then wait for like a second to get the amount equivalence in Naira and also the coin value.
Click on the Continue button to proceed, then a box showing the summary of your conversion would be shown. If all is okay, click on Confirm button
An email will then be sent to your mail containing the verification code to complete the conversion. Kindly input the code and click on the finish up button to complete the conversion.
After this, the conversion amount would be removed from your BTC wallet balance and your Naira balance will be credited. A completed order containing the details of this conversion would be automatically generated which will be visible to you as a user in your orders list.
HOW TO TRANSFER BITCOIN FROM YOUR WALLET
Bitcoin transfer enables users to send BTC value from their crypto balance to another wallet address. To do this ensure if you have bitcoin of some value on your wallet, you then need to click on Send BTC or any other available wallet
You will then be taken to another page to enter the address you are sending to, also enter the amount you want to transfer in dollars then wait for like a second to get the amount equivalence in coin value
To proceed, click the Continue button, and a box with a summary of your transfer will appear. If everything is in order, click the confirm button. A verification code will then be emailed to you. Once you get the code, enter it and then click the Finish Up button to finish the transfer.
Following that, the transfer amount as well as the transfer fee will be taken from your BTC wallet. The receiver will be reimbursed after a few minutes, once the transfer has been verified. In addition, if a transfer fails, the transfer amount, together with the previously withdrawn transfer charge, will be restored to the user’s chosen wallet account.
You may view both conversion and transfer histories. To view conversion history, go to the sidebar and choose Crypto History, then Conversions. You would be provided with a list of all conversions done by you.
To view transfer history, go to the sidebar and choose Crypto History, followed by Transfers. On the balance page, a list of all transfers performed by you will be displayed; you can then click on transfer history on any wallet to view that wallet’s transfer history.
There is no question that bitcoin is the new global economic future, and Nigeria is not immune to this digital movement. MyBTC Nigeria promises to make it easier and faster for you to purchase, sell, store, and transfer bitcoin. We also work relentlessly to guarantee that you do not miss out and that you are well positioned.
Cheers to new age 🥂.