How to buy and sell Bitcoin on

By: Naijamedialog / June 9th, 2020 / 128 views

How to buy and sell Bitcoin on

How to buy and sell Bitcoin on


All You Need To Know About Bitcoin before you can start trading with

All You Need To Know About Bitcoin

This article explains elementarily all need to be known about bitcoin as a cryptocurrency, how bitcoin works, what is used for, the future of bitcoin and how to Buy and Sell Bitcoin on Truexgold without been scammed on other webste.

Have you heard about Bitcoin before? Do you have a Bitcoin wallet?

If you had no idea or have heard but not sure what it is exactly, keep on reading this article to understand more about the Business. #winks

For a while now, there have been lots of talks about Bitcoin. From Bitcoin investments to sales to mining and everything in between.

So many still do not understand what it is all about, how it works or how to trade in with it on Truexgold. For some, it sounds all techy and should be avoided.

Just this year, the news broke about Bitcoin reaching $9,715.76 per coin. Yes, I know what you are thinking. That is a lot of money to be equivalent to a ‘coin.’ Just chill as I explain vividly about Bitcoin business and trading it with Truexgold without any stress.

Follow Truexgold

I will be sharing a bit about Bitcoin, and I’m pretty sure you will pick interest to invest in it too. Bear in mind that it is no Ponzi or scam, you just have to understand how it works before you can startup the business with Truexgold.

What to Know About Bitcoin - Truexgold

What to Know About Bitcoin?

There have been multiple attempts to create a digital alternative to the usual paper currency. Bitcoin is a cryptocurrency that is used in trade exchange online. Please note that bitcoin is not the only cryptocurrency, Other cryptocurrencies that are not bitcoin is known as an altcoin.

Bitcoin and the altcoins are not a physical currency like the naira, dollar, euro, or pounds, but is used for not only for buying and selling on the internet but also for trading which you can all trade with the best and reliable platform “Truexgold”

Bitcoin (BTC) is free of all government oversight; this is because it is monitored by a peer-to-peer internet protocol.

In simple terms, Bitcoin is money that you can not touch or carry around, but you can buy and sell still, simply with the internet. Sounds good? #Smiles… Keep following my words. #winks

How does Bitcoin Work?

Bitcoins are generated by using a free application called Bitcoin miner. The technicality behind the creation is a combination of computer processing power (CPU) and complex algorithms, and you have Bitcoin.

With Bitcoin, you create a mine and generate a Bitcoin wallet, buy Bitcoin, and store till you either want to resell or purchase an item.

Bitcoin became the first viable option to come to life before others started springing up. Examples of other cryptocurrencies include Ethereum, Ripple, Litecoin, etc.

What makes Bitcoin so important and different from the conventional money we are used to is the fact that it is decentralized.

What this means is that no single institution controls the Bitcoin network, unlike other known currencies.

For instance, the dollar is controlled by the United States Federal Reserves, and the naira is controlled by the Central Bank of Nigeria. Just as simple as that.

This means that a “big bank” somewhere isn’t in control of your money. It is in your direct charge and eliminates the middleman (bank) in handling your money. Amazing right? Cool. Let’s proceed…

What is Bitcoin used for?

Bitcoin is used to buy and sell virtually on the internet today. Although it is generally not fully in line with government policies yet, it is accepted in some countries for major purchases and sales, as well as some bit e-commerce stores.

You can spend your Bitcoin on a boutique tour, alcohol, restaurants, order pizza, clothes, and dresses, whatever you wish to.

You can swap your coins for dollars or nairas or other currencies. One can buy or sell bitcoins on Truexgold. It is one of the biggest platform right now where you can trade your coins with them. So reliable! Find out from the next content…

Follow Truexgold

What is Truexgold all about?

Truexgold is Nigeria’s No.1 Crypto-currency Exchanger where you can instantly Buy, Sell or Exchange Perfect money, Bitcoin, Payeer, Advanced cash, Binary, Ethereum, Planetofbets and Fifty other digital currencies. Truexgold maintains the best rates in his prestigious industry and about 90% of their transactions are fully automated. They do not give in to delays because, they’ve got lots of highly skilled staff that will ensure your orders are processed in good time.

How to buy BTC from

Truexgold makes it simple and safe to buy, sell, and hold Bitcoin.

I will be showing you the steps on how to buy BTC from Truexgold.

Own Bitcoin in just a few minutes.

Create an account on Truexgold.

Click HERE to create an account or visit and click on the Signup button at the Top left corner side of the website.

Create an account on Truexgold

Then fill in your details for successful registration.

Create an account on Truexgold and fill the details

After you’ve registered, you will be redirected to the homepage of the website.

Now, all you need to do is to fill in your required Personal Data and then proceed to the verification of your account.

Click on your Profile name at the Top left corner of the website just as shown in the screenshot below

fill in your required Personal Data

Fill in your Personal Data (Shown below)

 Fill in your Personal Data (Shown below)

After saving your Data, Proceed to the verification section.

verification section in Truexgold -

Verify your identity

Verification of your Truexgold account is not compulsory. You can continue to use Truexgold exchange services without the verification of your account but bear in mind that there are certain exchange directions, transaction limit and account functions you may not access with an unverified profile.

TruexGOLD “Account verification” is designed to achieve higher level of trust in our community; hence, verified members will enjoy increased daily transaction volume and also gain access to some of the advanced functions of our website.

If you wish to proceed with your account verification, kindly review your personal profile and ensure you have updated it with all missing information, and also ensure you have made a minimum of 10 transactions in the past on the account you wish to verify, TruexGOLD may not verify accounts with fewer than 10 transactions.

Follow Truexgold


TruexGOLD will match your name against the name entered in your account profile. Any changes in this in future will invalidate previous verification. Hence, a new document will be needed to validate the new name.

Required: Scanned copy of your valid identification document (E.g. A International passport, A driver’s license, A National identity card or A Permanent Voters card).


Take a photograph of you holding the passport or id which you wish to use for verification. Then write your TruexGOLD’s username and today’s date in a piece of plain paper and take a selfie with both documents and upload. Please ensure the photo is clear enough for us to see your name in the id or passport when zoomed. Cropped, Photoshop or any software edited photos are not allowed.  Below is the image to guide you in verifying your account on Truexgold.



Your account manager will call you to verify your phone number. Once they have confirmed documents “1” and “2”. Please note, they do not give customers the exact time of call; however, expect their call during the official working hours.

Then fill the form provided for your account to be verified.


How To Exchange Your Bitcoin To Naira


For exchange, you need to follow some few steps before you can proceed:

Firstly, Click on BTC. (Check below screenshot)

Bitcoin Btc To Naira Ngn in Truexgold

Kindly Complete all the fields in the form above with your correct information and click on the «Exchange» button to continue.

Pay for the bid. To do this, transfer the necessary amount, following the instructions on Truexgold’s website.


After that is done, you will be redirected to the «Bid status» page, where the status of your transfer will be shown well to you.

And kindly note that the operation will require the participation of the operator. The Exchange process takes within 5 minutes to 1 hour during their official working hours, but may take a longer time in our off periods.


A notification will pop out saying,

“We have RECEIVED your Order! Please login to your Bitcoin wallet and make a transfer of 1BTC
to the BITCOIN address below:
Once done, RETURN to this page and click on «PAID» to notify them of your transfer.
They shall fund your bank account immediately your Bitcoin transfer reaches 3 confirmations on the Blockchain network.
Below is a summary of your order!
Amount of payment: 1 Bitcoin BTC
Amount to receive: 3895134.8522 Naira NGN
Please be careful! All fields must be filled in accordance with the instructions. Otherwise, the payment may be cancelled.”

Those are the pop-up messages you will receive before Exchanging your Bitcoin to Naira.


To check your order status on Truexgold after transaction has been made on the website, you will see a section on how to check the status of your Order just as shown on below screenshot…

How To Check Your Order Status?

Input your Exchange ID and your email. Then click on Send A Message to get the Status of your Order.

I hope my Review helps you in getting the right website to trade your BTC with? Yeah! I’m 100% assured of your satisfaction towards  Truexgold because they remain the best platform in trading your Crypto-currency exchanger where you can easily buy, sell or Exchange Bitcoin. One more thing I loved about their services are;

1. They maintain the best rates in their industry and about 90% of their transactions are fully automated.

2. They hate delays. Reason is that, they’ve got highly skilled staff that will assure your orders are processed in good time.

So, with all I’ve put up together in sharing this rightful way of trading your BTC with Truexgold, I hope I got a nice and well written review about this article.

Your comments are highly welcomed.


Leave a Reply