All 7 Ways to Make Money with Bitcoin in Nigeria in 2025

This guide is here to break down the 7 best ways you can make money with Bitcoin in Nigeria, from quick wins to long-term strategies.

You don’t need a financial background to understand these methods.

By the end of this guide, you’ll have everything you need to make money with BTC in Nigeria in 2025. Let’s start with the most popular way; Bitcoin trading.

1. Make Money with Bitcoin Trading – Buy Low, Sell High

If you’re looking to make money with Bitcoin in Nigeria, Bitcoin trading is one of the most popular ways to earn.

Bitcoin trading is a method where people buy Bitcoin when its price is low and sell it when the price goes up. You may have heard people talking about how they’ve made a lot of money with Bitcoin – well, this is often the strategy they’re using.

Bitcoin’s price changes frequently, and that’s what creates the opportunity to make money. Think of it as a cycle: when many people are buying, the price goes up. When many are selling, the price goes down.

By learning to understand and predict these trends, you can buy at a lower price and sell at a higher price, creating a profit. The “buy low, sell high” method is simple in theory, but it takes months and even years of practice and patience to get it right.

Types of Bitcoin Trading

Trading Bitcoin can be done in different ways, such as:

1. Spot Trading

This is the simplest form of Bitcoin trading. Here, we simply buy Bitcoin at the current price with the intention to hold it for a period, then sell it later when the price goes up. It’s straightforward – buy, wait, and then sell for profit.

2. Margin Trading

In this form of trading, we borrow money to buy more Bitcoin than we could with our own funds alone. It’s a bit like taking a loan from the platform to make a bigger trade. This method can lead to larger profits, but it’s also risky because if the price drops, we owe the borrowed money back.

3. Futures Trading

This is a more advanced form of trading. With futures, we don’t actually own Bitcoin; instead, we’re betting on whether the price will go up or down in the future. Futures trading has a potential for high profits, but it’s complex and risky, so it’s usually better for those with more experience in Bitcoin trading.

Steps to Start Bitcoin Trading in Nigeria

Now, let’s break down the steps we need to take to start Bitcoin trading in Nigeria:

1. Choose a Reliable Exchange

The first step is to pick a trustworthy platform. Look for one that has strong security, easy-to-use features, and good customer support. We always recommend Bybit because it allows us to make money with Bitcoin in Nigeria in a very secure way.

2. Set Up Your Account

Once we pick our exchange, we need to set up an account. This typically involves creating a profile, verifying your identity, and linking a bank account or wallet for transactions. This verification step is important as it ensures our account is secure.

3. Deposit Funds

Before we can buy Bitcoin, we need to add some money to our account on the exchange. This can be done through bank transfer, debit card, or even other digital payment methods. Make sure to deposit only what you’re comfortable risking, as Bitcoin trading can be unpredictable.

4. Buy Bitcoin at a Low Price

Once we have money in our account, we’re ready to buy Bitcoin. The goal is to buy when the price is low – this is where we’ll need to pay attention to price trends. Many people watch the market every day or set alerts to know when the price drops.

5. Monitor the Market

After buying Bitcoin, the next step is waiting for the right time to sell. This involves watching the price closely and being patient. There are tools on most exchanges that help us track prices, and even graphs that show us how the price has changed over time. Watching the price over days or even weeks helps us decide when it’s the best time to sell for a profit.

6. Sell When the Price is High

When the price has gone up, it’s time to sell. Selling at the right time is important to make a profit. The money we get from the sale will go back into our account, and we can either withdraw it or use it to buy more Bitcoin when the price drops again.

Tips for Successful Bitcoin Trading

Bitcoin trading takes practice, and it’s essential to understand a few key tips before diving in. Here are some essential tips that can help you make money with Bitcoin in Nigeria:

1. Start Small

If you’re new to trading, start with a small amount of money. This way, if the price drops, you don’t lose too much, and you’ll still have money to try again.

2. Use Price Alerts

Most exchanges allow you to set alerts when Bitcoin reaches a certain price. This can help you know exactly when it’s time to buy or sell.

3. Stay Informed

Bitcoin prices are affected by news, regulations, and other global events. By staying updated on Bitcoin news, we can make better decisions.

4. Control Emotions

Bitcoin’s price changes can be intense, and it’s easy to get emotional. However, making decisions based on emotions can lead to mistakes. Remember to stay calm and think through each decision carefully.

5. Set Profit Targets

Before buying, it helps to decide how much profit you’d like to make. This way, you know when it’s the right time to sell and can avoid holding for too long.

Risks of Bitcoin Trading

While Bitcoin trading can be a great way to make money, it’s important to remember that there are risks involved. Bitcoin’s price can drop unexpectedly, which means we can lose money if we’re not careful. To reduce the risks:

1. Only Invest What You Can Afford to Lose

Bitcoin is known for its price swings, so it’s best to invest only what you’re comfortable risking.

2. Avoid Borrowing Too Much for Margin Trading

Borrowing money for trading is risky because if the price drops, we’ll need to repay the money.

3. Be Aware of Scams

Unfortunately, there are scams out there promising easy ways to earn Bitcoin. Always stick to reputable platforms to start Bitcoin trading in Nigeria.

The Most Ranked Crypto School in Nigeria

ChartsEmpire is the first and largest of its kind trading centre in Ibadan, Nigeria. We have both physical and online classes for students from over 30 countries of the world.

With the best millionaire tutors in Nigeria, a proven curriculum, and unmatched resources, you have everything you need to succeed.

Plus, we’ve been recognised internationally by platforms like WION and CGTN for our innovative approach to trading education.

Join us now and see why we’re the best place to learn crypto trading in Nigeria.

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2. Make Money with Bitcoin Mining

Mining Bitcoin is one of the core ways to make money with Bitcoin in Nigeria.

When we talk about mining, we’re referring to the process of using computer power to help verify transactions on the Bitcoin network. In return for this work, miners earn Bitcoin.

In simple terms, mining is like a reward system – if we help the network stay secure and record transactions, we get rewarded with Bitcoin. As Bitcoin prices continue to increase, Bitcoin mining has become one of the most attractive ways to earn Bitcoin in Nigeria in 2025.

There are two main types of mining: solo mining and cloud mining, each with its unique approach, requirements, and challenges. Let’s go deep into these options and explain them in detail.

What is Bitcoin Mining, and How Does It Work?

Before we compare solo and cloud mining, let’s explain more about Bitcoin mining itself.

Bitcoin mining is the process of creating new Bitcoins by solving complex mathematical problems. Each time a problem is solved, a “block” is added to the Bitcoin blockchain – a huge digital ledger that keeps track of all Bitcoin transactions. These blocks make Bitcoin secure by ensuring that transactions cannot be changed once recorded.

Think of Bitcoin mining as a competition: people around the world are trying to solve the same puzzle. The first person to solve it gets a reward in Bitcoin. This reward is an incentive for people to keep mining, which helps keep Bitcoin’s system secure.

The two primary methods to make money with Bitcoin in Nigeria through mining are solo mining and cloud mining.

#1. Bitcoin Solo Mining

What is Bitcoin Solo Mining?

Solo mining means mining Bitcoin independently, without joining a group of other miners.

In solo mining, we rely entirely on our own equipment and computing power. If our computer manages to solve the mathematical problem first, we earn the full reward.

This method is more difficult because the competition is tough, and solo miners are up against huge mining operations with massive computer power. However, when solo mining works, the rewards are higher because we don’t have to share them with anyone else.

Equipment Needed for Solo Mining

To start Bitcoin mining in Nigeria through solo mining, we need specialized equipment known as ASICs (Application-Specific Integrated Circuits).

ASICs are high-powered machines built specifically for mining Bitcoin. Unlike regular computers, ASICs have much more processing power, making them faster at solving the complex problems that mining requires.

However, ASICs are expensive and consume a lot of electricity, so they come with high upfront costs and ongoing energy expenses.

For solo mining, we also need:

1. A stable power source: Mining requires a constant power supply since these machines run non-stop.
2. Cooling solutions: ASICs produce a lot of heat, so proper cooling is necessary to prevent overheating and damage.
3. Stable internet connection: Mining equipment must be connected to the Bitcoin network at all times, requiring reliable internet service.

Challenges of Solo Mining

Solo mining can be challenging, especially for beginners. Here are some key factors to keep in mind:

• High Costs: The cost of ASICs, cooling equipment, and electricity can be high, and it may take months or even years to break even.
• Difficulty Level: Mining difficulty increases as more miners join the network, making it harder for solo miners to earn rewards.
• Risk of Loss: There’s no guarantee we’ll earn Bitcoin. Even if we do earn, but the price of Bitcoin drops, we could lose profits to electricity and equipment costs.

Is Bitcoin Solo Mining Worth It?

For those who want full control over their Bitcoin mining setup and are willing to invest in equipment and energy, solo mining can be profitable. However, it’s a high-risk, high-reward approach. For most people in Nigeria, cloud mining may be an easier and more affordable way to make money with Bitcoin.

#2. Bitcoin Cloud Mining

What is Bitcoin Cloud Mining?

Cloud mining is a way to start Bitcoin mining in Nigeria without having to buy and manage the mining equipment ourselves. Instead of setting up our own machines, we rent mining power from companies that run large mining facilities.

In exchange, we pay a fee and receive a share of the Bitcoin that their mining equipment generates. Cloud mining allows us to make money with Bitcoin without the hassle of buying or maintaining mining hardware.

How Cloud Mining Works

Cloud mining companies operate massive data centres with hundreds or thousands of ASICs. We purchase a “contract” from one of these companies, which grants us a share of their mining power for a specific period.

The company then mines on our behalf and sends us a portion of the mined Bitcoin based on the amount of power we purchased.

Risks and Downsides of Cloud Mining

While cloud mining can be a good way to make money with Bitcoin, it has some risks as well:

• Scams: There are some fraudulent cloud mining companies, so make sure to research and choose a reputable provider.
• Maintenance Fees: Cloud mining contracts often come with maintenance fees that cover electricity and other expenses. These fees can eat into profits.
• Less Control: Since the mining is done by a third party, we have no control over the equipment or the mining process.

How to Start Bitcoin Mining in Nigeria

If we’re interested in starting Bitcoin mining in Nigeria, here are the steps we should follow:

Step 1: Decide Between Solo and Cloud Mining

Consider factors like costs, risk tolerance, and technical skills. For those with the resources to buy equipment and pay for electricity, solo mining might be an option. For others, cloud mining may be more practical.

Step 2: Find a Reliable Platform or Provider

For solo mining, look for reputable places to buy mining equipment like ASICs. For cloud mining, research companies and read reviews to avoid scams.

Step 3: Set Up a Bitcoin Wallet

To collect our earnings, we need a secure Bitcoin wallet. There are many options available, including hardware wallets and online wallets. Having a safe wallet is essential to protect our funds.

Step 4: Calculate Profitability

Use online profitability calculators to understand the potential earnings from mining. These calculators factor in costs like electricity (for solo mining) and contract fees (for cloud mining).

Step 5: Start Mining

Once we’ve chosen our method, platform, and equipment, we’re ready to start mining. Solo miners need to connect their ASICs to the network, while cloud miners simply monitor their accounts for earnings.

Also Read: How to Start Crypto Trading in Nigeria in 2025 (Beginners Guide)

3. Make Money with Bitcoin Lending and Earn Interest

One of the more straightforward ways to make money with Bitcoin in Nigeria is through Bitcoin lending.

Just like how traditional banks lend money to borrowers and charge interest, Bitcoin lending allows us to lend out our Bitcoin to others and earn interest in return.

In other words, instead of simply holding onto our Bitcoin, we can let it “work” for us, generating passive income. Bitcoin lending is one of the best ways to earn Bitcoin in Nigeria in 2025 without the need to actively buy and sell on the market.

Bitcoin lending in Nigeria works through online platforms that connect Bitcoin lenders (people like us who want to earn interest) with Bitcoin borrowers (people who need Bitcoin and are willing to pay interest for it). Popular examples are AAVE and Nexo.

Risks of Bitcoin Lending

While Bitcoin lending is a fantastic way to make money with Bitcoin in Nigeria, it’s important to understand the potential risks. Here are some key points to keep in mind:

1. Platform Risk

When using a centralized platform, there’s a risk of the platform experiencing issues, like hacks or financial trouble. To minimize this risk, choose established platforms with a strong security track record.

2. Price Volatility

Bitcoin’s price is known for its ups and downs. While we’re lending Bitcoin, if the price drops significantly, the value of our Bitcoin earnings may be lower than expected. However, if the price goes up, we also benefit from increased value.

3. Loan Defaults

There’s always a small risk that borrowers won’t repay their loans. To counter this, most platforms require borrowers to put up collateral (assets that they lose if they don’t repay). This makes it less likely that lenders will lose money.

4. Interest Rate Changes

Interest rates on lending platforms can change depending on market demand. Some platforms offer variable rates that can fluctuate, while others have fixed rates that remain stable.

Steps to Start Bitcoin Lending in Nigeria

Let’s break down how we can start Bitcoin lending in Nigeria step-by-step.

Step 1: Choose a Reliable Platform

Research and select a lending platform that is reliable and has good reviews. Platforms like Binance, Nexo, and BlockFi are well-known and offer user-friendly interfaces, making it easy to get started with Bitcoin lending in Nigeria.

Step 2: Set Up an Account

Create an account on the platform and complete any necessary verification steps. This process usually involves providing identification to ensure security.

Step 3: Deposit Bitcoin into the Lending Account

After setting up our account, we’ll need to deposit Bitcoin into the platform. We can do this by transferring Bitcoin from a wallet or by purchasing it directly on the platform.

Step 4: Set Lending Preferences

Select the terms of the loan. Some platforms allow us to choose the length of the lending period and the interest rate. Consider whether we want a flexible term that allows us to withdraw our Bitcoin anytime or a fixed term that may offer a higher interest rate.

Step 5: Start Earning Interest

Once everything is set up, the platform will begin lending out our Bitcoin. We’ll start receiving interest payments as soon as the loan is active. Payments are usually credited directly to our account.

Step 6: Withdraw Earnings

At the end of the loan term, we can withdraw both the original Bitcoin and the interest earned. This completes the lending cycle and gives us the option to lend again or use our Bitcoin elsewhere.

Also Read: 15 Ways to Make Money with Forex in Nigeria in 2025 (with 15 Real Life Case Studies)

4. Make Money with Bitcoin by Freelancing and Getting Paid in Bitcoin

Freelancing has become a popular way to make money in Nigeria, and now, many people are discovering how they can make money with Bitcoin in Nigeria by getting paid for their freelance work in cryptocurrency.

This method of earning is especially appealing for those who want to work remotely and enjoy the flexibility of choosing their own hours and projects. 

What is Freelancing

Freelancing is a way to work independently, providing services to clients on a project-by-project basis.

In freelancing, we don’t have a single boss or employer. Instead, we work with multiple clients, each hiring us to complete specific tasks. What makes freelancing even more exciting in today’s digital age is the option to receive payments in Bitcoin.

Types of Freelance Jobs that Pay in Crypto

Almost any freelance service can be paid for in Bitcoin if both the freelancer and the client agree. Here are a few popular fields where freelance jobs that pay in crypto are widely available:

1. Content Writing and Copywriting

Many businesses need writers to create blog posts, articles, website copy, or even social media content. This is one of the easiest freelance jobs to get into and can be done with minimal equipment. Platforms like Cryptogrind and BitGigs offer freelance writing gigs that pay in Bitcoin.

2. Graphic Design and Digital Art

Graphic designers and digital artists often have the option to get paid in Bitcoin. Many companies, especially those in the cryptocurrency space, look for talented designers to create logos, advertisements, and website graphics.

3. Software Development and Programming

For those skilled in coding, software development is one of the highest-paying fields in freelancing. Many crypto-related companies need developers to build applications, websites, or blockchain projects and are open to paying in Bitcoin.

4. Translation Services

If we are bilingual or fluent in multiple languages, we can offer translation services. Many businesses need documents, websites, or marketing materials translated, and some companies prefer to pay in Bitcoin for international work.

5. Virtual Assistance and Data Entry

Virtual assistants help clients with various tasks like managing emails, scheduling appointments, and handling data entry. This role can be done remotely, making it easy to get paid in Bitcoin and an accessible option for beginners looking to make money with Bitcoin in Nigeria.

How to Start Freelancing for Bitcoin in Nigeria

Here’s a step-by-step guide to get started with freelancing for Bitcoin in Nigeria.

Step 1: Identify Your Skills

The first step is to identify the skills we can offer as a freelancer. Some people are skilled at writing or graphic design, while others excel at programming or data entry. Choosing a skill that we’re good at and enjoy will make freelancing easier and more rewarding.

Step 2: Create a Professional Portfolio

A portfolio is a collection of our best work, which helps potential clients see what we can do. If we’re a writer, for example, we can create a document or website showcasing some of our best articles. Designers might include samples of logos, banners, and other visuals they’ve created. A professional portfolio will help us attract more clients and secure freelance jobs that pay in crypto.

Step 3: Register on Freelance Platforms that Pay in Bitcoin

There are several online platforms where clients post freelance jobs that pay in crypto. Some of the best platforms for freelancing for Bitcoin in Nigeria are:

• Cryptogrind: A freelance marketplace specifically for crypto jobs, where clients post jobs and pay in Bitcoin.
• Bitwage: Allows freelancers to receive payments in Bitcoin even if the client is paying in traditional currency.

By registering on these platforms, we gain access to a wide range of jobs and can connect with clients looking to pay in Bitcoin.

Step 4: Set Up a Bitcoin Wallet

To receive Bitcoin payments, we’ll need a secure Bitcoin wallet. A wallet is like a digital bank account where we store our Bitcoin. We always recommend Bybit because it is the best and safest in Nigeria at the moment. Once we have a wallet, we can share our wallet address with clients who wish to pay in Bitcoin.

Step 5: Apply for Freelance Jobs that Pay in Bitcoin

With our portfolio ready and our wallet set up, we can start applying for freelance jobs that pay in Bitcoin. On most freelance platforms, we’ll find jobs posted with descriptions and payment details. Look for jobs that specify payment in Bitcoin, or, if the job doesn’t specify, ask the client if they’re open to paying in crypto.

Step 6: Deliver Quality Work and Build a Reputation

In freelancing, delivering quality work is essential. When we complete projects on time and meet client expectations, we build a positive reputation. Over time, this reputation will help us attract more clients and secure higher-paying freelance jobs that pay in crypto.

Step 7: Receive Bitcoin Payments

Once we complete a job, the client will transfer the agreed amount of Bitcoin to our wallet. It’s a good idea to confirm the payment method with the client before starting the job to ensure there’s no confusion. After receiving payment, we can choose to hold the Bitcoin as an investment or convert it to cash.

Also Read: 19 Ways to Make Money with Crypto in Nigeria in 2025 (with 19 Real Life Case Studies)

5. Make Money with Bitcoin Affiliate Programs

One of the easiest ways to make money with Bitcoin in Nigeria is by joining Bitcoin affiliate programs.

Affiliate programs are popular across many industries, but in recent years, Bitcoin affiliate programs have gained popularity. With a Bitcoin affiliate program, we earn rewards by promoting a company’s services or products and encouraging others to sign up or make a purchase through our unique referral link. In return, the company pays us a commission, often in Bitcoin.

This way of earning is powerful because we don’t need to invest our own money in Bitcoin to start – we simply promote the company and earn Bitcoin rewards when people use our referral link.

What are Bitcoin Affiliate Programs?

Bitcoin affiliate programs are partnerships between companies in the cryptocurrency industry and individuals like us, who act as affiliates to promote the company’s services.

In these programs, companies give us a unique link (called a referral link) that we can share with others. When people click on our referral link and sign up or make a transaction, we earn Bitcoin rewards in Nigeria based on the terms of the affiliate program.

Many Bitcoin-related companies, such as exchanges, wallets, and trading platforms, offer affiliate programs. These companies know that personal recommendations are powerful, so they’re willing to pay us Bitcoin rewards to spread the word.

How to Make Money with Bitcoin Affiliate Programs

Let’s break down the steps involved in joining and earning from Bitcoin affiliate programs in Nigeria.

Step 1: Choose a Bitcoin Affiliate Program

The first step to making money with Bitcoin affiliate programs in Nigeria is to find a reliable program to join. Many Bitcoin companies offer affiliate programs, including exchanges like Binance, Luno, and Coinbase, as well as wallet services and trading platforms. Each program has different rewards and conditions, so it’s important to choose one that fits our audience and interests.

Step 2: Sign Up for the Program

Once we’ve chosen a program, we need to sign up to become an affiliate. This process usually involves creating an account with the company, agreeing to their terms, and getting our unique referral link. This link is what we’ll share with others to earn rewards. Once our account is set up, we’re ready to start promoting.

Step 3: Promote the Affiliate Link

Promoting our affiliate link is the most crucial part of earning through Bitcoin affiliate programs in Nigeria. To earn Bitcoin rewards, we need to encourage people to click on our link and sign up or make a transaction. There are many ways to promote our link:

• Social Media: We can share our affiliate link on social media platforms like Facebook, Instagram, X, and even WhatsApp groups.
• Blog or Website: If we have a blog or website, we can write articles about Bitcoin and include our referral link in the content. This is a great way to earn Bitcoin rewards in Nigeria passively as people read our content over time.
• YouTube: Many people make videos explaining Bitcoin or reviewing crypto platforms, adding their affiliate link in the video description. This is a powerful way to reach more people.

Step 4: Earn Commissions

Every time someone clicks on our link and takes an action (such as signing up or making a purchase), the company tracks it. Once the action is completed, we earn a commission based on the terms of the program. For example, some programs pay us a fixed amount of Bitcoin for each referral, while others pay a percentage of the amount spent by the person who signed up through our link.

Step 5: Withdraw Earnings

As we earn commissions, they’re added to our affiliate account. Most Bitcoin affiliate programs in Nigeria allow us to withdraw our earnings in Bitcoin once we reach a minimum balance. Some programs pay out automatically, while others require us to request a withdrawal.

Challenges of Bitcoin Affiliate Programs in Nigeria

While Bitcoin affiliate programs in Nigeria have many benefits, there are some challenges to be aware of:

1. Finding an Audience

One of the biggest challenges is finding people who are interested in Bitcoin and willing to sign up through our link. Building an audience takes time, and we need to be consistent in promoting our link to attract referrals.

2. Competition

Bitcoin affiliate programs are popular, which means there’s a lot of competition. To stand out, we need to provide valuable information about Bitcoin or the platform we’re promoting. This can be done through informative blog posts, social media posts, or videos.

3. Tracking and Managing Links

As we promote our links across different platforms, it can be challenging to track where our referrals are coming from.

Also Read: How to Trade on Bybit in Nigeria: Review, Create Account, Trade, Deposit, Withdraw, Spot Trade, Derivatives and More

6. Make Money with Bitcoin by Completing Microtasks and Surveys

Completing microtasks and surveys is one of the simplest ways to make money with Bitcoin in Nigeria.

This method doesn’t require any special skills, large investments, or complex equipment, making it an easy entry point for beginners. With microtasks and surveys, you can earn small amounts of Bitcoin by completing various tasks online.

What Are Microtasks and Surveys?

Microtasks are simple tasks that don’t take long to complete and can be done by almost anyone. These tasks usually take just a few minutes each and require little to no experience or training. Companies use these tasks to gather data, test their products, and conduct market research, so they pay people in exchange for their time and effort.

These tasks can include things like watching videos, filling out surveys, testing websites, and even sharing social media posts. Although each task may pay only a small amount, these rewards add up over time.

Surveys are similar but focus specifically on gathering information about our opinions, habits, and experiences. Many businesses conduct surveys to understand their customers better, and in return, they pay us in Bitcoin or other rewards.

To begin, you will need to choose a platform that offers microtasks and surveys that pay in Bitcoin. Some popular platforms include:

• BitcoinGet: This site pays in Bitcoin for completing a variety of tasks, including watching videos and answering surveys.
• Cointiply: Cointiply is a popular platform that offers microtasks and surveys, as well as games and other activities to earn Bitcoin rewards.
• FreeBitcoin: While primarily a crypto faucet site, FreeBitcoin also offers surveys and simple tasks that reward users with small amounts of Bitcoin.
• Bituro: Bituro is a mobile app that pays users in Bitcoin for completing surveys, watching videos, and completing other easy tasks.

Also Read: How To Trade On Gate.io In Nigeria: Broker Review, Create Account, Trade, Deposit, Withdraw and Lots More

7. Make Money with Bitcoin by Hodling for Long-Term Profit

One of the simplest and most popular ways to make money with Bitcoin in Nigeria is through “hodling.”

Hodling is a term used in the Bitcoin community that means buying Bitcoin and holding onto it for a long period of time, regardless of any short-term price changes. When we hodl, we are betting that the price of Bitcoin will go up over time, so we can sell it later for a profit.

This approach doesn’t require us to actively trade or manage our Bitcoin every day. Instead, we simply buy Bitcoin, store it securely, and wait patiently for its value to increase.

Hodling can be one of the best ways to earn Bitcoin in Nigeria in 2025, especially for those who believe in Bitcoin’s long-term potential.

How to Start Bitcoin Hodling in Nigeria

To make money with Bitcoin in Nigeria by hodling, we need to follow a few key steps. This will help us buy Bitcoin, store it securely, and avoid common mistakes that new investors sometimes make.

Step 1: Decide How Much Bitcoin to Buy

Before we start hodling, we need to decide how much Bitcoin we want to buy. It’s important to only invest money that we can afford to set aside for a long period of time. Bitcoin’s price can go up and down, so it’s best to avoid using money that we might need in the near future. Some people start small, buying just a fraction of a Bitcoin to see how the process works, while others invest larger amounts if they’re comfortable with the potential risks.

Step 2: Choose a Reliable Platform to Buy Bitcoin

To buy Bitcoin, we need to use a trustworthy platform. There are several platforms that allow us to buy and store Bitcoin in Nigeria. But one stands out above all others, Bybit. It is the best Binance alternative and most reliable crypto platform at the moment.

Step 3: Buy Bitcoin

Once we’ve chosen a platform, we can go ahead and buy Bitcoin. This is usually done by transferring money from our bank account to the platform, then using that money to buy Bitcoin. After the purchase is complete, the Bitcoin will appear in our account on the platform.

Step 4: Store Bitcoin in a Secure Wallet

Storing Bitcoin securely is one of the most important parts of hodling. We don’t want to keep our Bitcoin in an exchange account for a long period, as exchanges are more vulnerable to hacking. Also, you might be easily tempted to sell whenever the prices are dipping or rising, even if goes against your strategy.

Instead, we should transfer our Bitcoin to a secure wallet that we control. There are two main types of wallets we can use to store Bitcoin in Nigeria:

• Software Wallets: These are crypto wallets that let us store and access our Bitcoin. Software wallets are convenient but can be vulnerable to cyberattacks if not properly secured.
• Hardware Wallets: Hardware wallets, like the Ledger or Trezor, are small devices that store Bitcoin offline. They are considered the safest option for long-term storage, as they keep our Bitcoin secure from online threats. However, they usually cost money to purchase.

Choosing the right wallet will depend on our needs and how much Bitcoin we’re hodling. Hardware wallets are ideal for large amounts, while software wallets are convenient for smaller holdings.

Risks of Hodling Bitcoin

While hodling is a simple and effective way to earn Bitcoin in Nigeria, it’s not without risks. Here are some challenges we should keep in mind when using this strategy:

1. Price Fluctuations

Bitcoin’s price can change rapidly, and sometimes these changes can be large. While hodling allows us to ignore small price changes, there’s always a chance that Bitcoin’s price could drop significantly. This means we might need to wait longer than expected to make a profit, and there’s no guarantee that the price will reach the level we hope for.

2. Security Risks

When we store Bitcoin in Nigeria, we need to be careful to protect our wallet and private keys. If we lose access to our wallet or our wallet gets hacked, we could lose our Bitcoin permanently. Choosing a secure wallet and following best security practices, like using two-factor authentication (2FA) and backing up our wallet, can help protect our investment.

3. Long-Term Patience

Hodling requires patience, as it may take years to see substantial profits. If you dont have strong discipline or are a beginner i the crypto market, you may have a hard time controlling your mind and follow the long-term strategy.

Also, if you need to access your money sooner, you might be forced to sell your Bitcoin at a time when the price isn’t as high as you would like. Hodling is best suited for those who are willing to wait for long-term growth rather than immediate profits.

Recap of the 7 Major Ways to Make Money with Bitcoin in Nigeria

1. Bitcoin Trading: Buy Bitcoin at a low price and sell it at a higher price to make profits from price changes. Trading requires market knowledge and quick decisions.
2. Bitcoin Mining: Use your own equipment (solo mining) or rent mining power (cloud mining) to earn Bitcoin by helping validate transactions on the Bitcoin network.
3. Bitcoin Lending: Lend your Bitcoin on lending platforms to earn interest, making passive income while holding your Bitcoin.
4. Freelancing for Bitcoin: Offer skills like writing, graphic design, or programming and get paid directly in Bitcoin by clients.
5. Bitcoin Affiliate Programs: Earn Bitcoin rewards by promoting cryptocurrency platforms and services through referral links.
6. Completing Microtasks and Surveys: Do small online tasks or answer surveys in exchange for small Bitcoin payments, ideal for beginners.
7. Bitcoin Hodling: Buy and store Bitcoin for the long term, aiming to profit from its potential value increase over years.

ChartsEmpire: The Best Place to Learn Crypto in Nigeria

ChartsEmpire is the first and largest of its kind trading centre in Ibadan, Nigeria. We have both physical and online classes for students from over 30 countries of the world.

We have set the new standard for crypto trading education.

With the best millionaire tutors in Nigeria, a proven curriculum, and unmatched resources, you have everything you need to succeed.

Plus, we’ve been recognised internationally by platforms like WION and CGTN for our innovative approach to trading education.

Join us now and see why we’re the best place to learn crypto trading in Nigeria.

Come make money in the crypto market

FAQs on Ways to Make Money with Bitcoin in Nigeria

1. How to buy Bitcoin low and sell high?

To buy Bitcoin low and sell high, the main goal is to purchase Bitcoin when its price is low and sell it when the price rises, making a profit. This requires monitoring the market to identify lower prices, usually during market dips or corrections, and then selling once the price has risen. You can start by creating an account on Bybit, a popular platform for trading Bitcoin, to stay updated on Bitcoin’s price movements and place buy and sell orders. Using Bybit gives you access to tools and charts that help identify good entry and exit points, which is one of the ways to make money with Bitcoin in Nigeria.

2. Should I buy Bitcoin when it’s low or high?

It’s usually best to buy Bitcoin when the price is low. Buying during market dips allows you to get more Bitcoin for your money, which can lead to higher profits when the price rises. However, predicting price lows can be challenging, so many investors use a strategy called “dollar-cost averaging,” where they buy a fixed amount of Bitcoin at regular intervals. This way, they can average out their purchase price over time, reducing the impact of short-term price swings.

3. Can you make money buying and selling Bitcoin daily?

Yes, you can make money by buying and selling Bitcoin daily, a strategy known as “day trading.” Day trading involves actively buying Bitcoin at a low price and selling it at a higher price within the same day to take advantage of short-term price movements. However, day trading requires market knowledge, quick decisions, and constant monitoring. Many traders use platforms like Bybit to buy and sell Bitcoin efficiently, making it a reliable way to earn Bitcoin rewards in Nigeria through daily trading.

4. How to make money on Bitcoin trading?

To make money on Bitcoin trading, you need to buy Bitcoin when the price is low and sell it when the price rises. You can start Bitcoin trading in Nigeria on platforms like Bybit, which offers helpful trading tools, price alerts, and real-time market data. Trading strategies like “swing trading” (holding for a few days or weeks) or “scalping” (making many quick trades for small profits) can also be effective ways to earn Bitcoin rewards in Nigeria in 2025. Starting small and practicing on Bybit’s demo accounts can help you understand trading without risking actual money.

5. Does buy low sell high work?

Yes, the “buy low, sell high” strategy can work if executed well. This strategy is based on purchasing Bitcoin at a low price and selling it when the price increases, capturing the difference as profit. The challenge is timing the market, as predicting when the price is at its lowest or highest can be difficult. Platforms like Bybit offer tools and market insights to help traders make better decisions, especially when looking to make money with Bitcoin in Nigeria.

6. What is buy low sell high for beginners?

For beginners, “buy low, sell high” means buying Bitcoin at a lower price and selling it at a higher price to make a profit. This approach is simple in theory but requires careful market observation to identify good buying and selling points. Beginners can start Bitcoin trading in Nigeria on Bybit, where tools like stop-loss and take-profit orders can help automate this strategy, ensuring you can sell once your target price is reached.

7. How much will I get if I put $1 in Bitcoin?

If you put $1 in Bitcoin, your earnings will depend on Bitcoin’s future price movement. If Bitcoin’s price increases, the value of your $1 investment will rise proportionally. For example, if Bitcoin’s value doubles, your $1 will be worth around $2. However, if the price decreases, the value of your investment will drop as well. Investing larger amounts and using platforms like Bybit can help you track your portfolio’s performance and potential returns.

8. What time of day is it best to buy Bitcoin?

There isn’t a specific time of day that guarantees the best price for buying Bitcoin, as Bitcoin is traded globally 24/7. However, some studies suggest that prices may be slightly lower during early hours or weekends when trading volume is lower. Using Bybit’s tools, you can set price alerts to notify you when Bitcoin reaches your preferred buying price. This can help in making the most of Bitcoin’s daily fluctuations.

9. How to earn 1 Bitcoin per day without investment?

Earning 1 Bitcoin per day without any investment is extremely challenging and unrealistic. Most ways to earn Bitcoin in Nigeria, like Bitcoin trading, mining, or affiliate programs, require either an upfront investment or effort. However, you can join Bybit’s affiliate program or referral rewards program to earn Bitcoin rewards in Nigeria by referring new users to the platform. While this may not lead to 1 Bitcoin daily, it’s a genuine way to accumulate Bitcoin over time without direct financial investment.

10. How much is $1 BTC in Naira?

The value of 1 Bitcoin in Naira changes based on Bitcoin’s current exchange rate. You can check real-time prices on Bybit or other reliable crypto platforms to see the current conversion. As of recent prices, 1 Bitcoin could be worth millions of Naira, so $1 BTC (a small fraction of 1 Bitcoin) would be worth thousands of Naira. Using Bybit allows you to easily see up-to-date rates for Bitcoin in Naira.

11. How much is $1 USDT in BTC?

The amount of Bitcoin (BTC) you receive for $1 in USDT (Tether) changes based on the current Bitcoin price. Because Bitcoin’s price fluctuates, the conversion rate between USDT and BTC varies. To check real-time values, you can use Bybit’s exchange feature to see exactly how much BTC $1 USDT can buy at any given time.

12. How much would I make if I put $100 in Bitcoin?

If you put $100 in Bitcoin, the return depends on Bitcoin’s price movement. For example, if Bitcoin’s price doubles, your $100 would be worth $200. But if the price decreases, your investment could be worth less. Platforms like Bybit provide portfolio tracking features so you can see how your investment performs over time, making it easier to decide when to sell.

13. What is the fastest way to make money on Bitcoin?

The fastest way to make money with Bitcoin in Nigeria is usually through trading, where you can buy and sell Bitcoin based on short-term price movements. However, trading comes with risks and requires a good understanding of the market. Another fast way is through Bybit’s affiliate program, where you earn Bitcoin rewards for referring others to the platform. This method requires no investment and offers rewards based on the number of people you refer.

14. Can you make a living with Bitcoin trading?

Yes, some people make a living with Bitcoin trading, but it requires knowledge, skill, and experience. Professional traders analyze the market, manage risk carefully, and often use advanced tools available on platforms like Bybit. For beginners, it’s essential to start small and learn trading basics before relying on Bitcoin trading as a full-time income. Bybit offers demo accounts for practice, which can be helpful if you’re new to trading.

15. How to trade BTC for beginners?

For beginners, trading BTC (Bitcoin) involves setting up an account on a platform like Bybit, where you can buy, sell, and trade Bitcoin. First, deposit funds, then start by buying a small amount of Bitcoin. Use tools like stop-loss and take-profit to help manage your trades, and study basic trading strategies, such as “buy low, sell high.” Bybit also provides tutorials and guides for new traders to understand Bitcoin trading better.

16. Is solo mining Bitcoin profitable?

Solo mining Bitcoin is generally not profitable for most individuals, as it requires powerful, expensive hardware and consumes a lot of electricity. Solo mining was profitable when Bitcoin was new, but today, large mining farms dominate the network, making it hard for solo miners to compete. Cloud mining or joining a mining pool can be more accessible and are preferred ways to earn Bitcoin in Nigeria without the high costs of solo mining.

17. Can you make money with cloud mining?

Yes, you can make money with cloud mining, which involves renting mining power from a cloud provider. This allows you to earn Bitcoin without needing expensive mining hardware. However, cloud mining profits depend on factors like Bitcoin’s price, the mining difficulty, and the fees charged by the provider. Choose reputable platforms to avoid scams, as cloud mining has some risk. Bybit is a reliable platform for various Bitcoin-related services, though it doesn’t currently offer cloud mining.

18. What is the most profitable Bitcoin mining platform?

The profitability of Bitcoin mining platforms depends on the equipment, energy costs, and mining rewards. Generally, platforms with lower fees and higher mining efficiency are more profitable. While Bybit doesn’t directly offer mining, it provides various tools and resources for Bitcoin traders, which can be an alternative way to earn Bitcoin rewards in Nigeria without the high costs associated with mining.

19. How long does it take to mine 1 Bitcoin on cloud mining?

The time it takes to mine 1 Bitcoin through cloud mining depends on the hash rate (mining power) you rent, the current mining difficulty, and network conditions. At typical rates, it can take months or even years to mine 1 Bitcoin with cloud mining alone. It’s essential to choose reliable providers, as cloud mining profits can vary. If cloud mining isn’t profitable for you, consider other ways to earn Bitcoin in Nigeria in 2025 like trading or affiliate programs on Bybit.

20. What is the best crypto to mine solo?

Bitcoin is often not the best choice for solo mining due to its high difficulty level. Instead, some miners prefer alternative cryptocurrencies like Litecoin or Ethereum Classic, which can still be mined solo more effectively. However, mining still requires significant resources and may not be practical for everyone. For those looking to make money with Bitcoin in Nigeria, trading or affiliate programs on Bybit may be simpler and more profitable alternatives.

21. How to start solo Bitcoin mining?

To start solo Bitcoin mining, you’ll need specialized mining hardware called ASICs (Application-Specific Integrated Circuits), which are powerful machines designed for Bitcoin mining. You’ll also need a stable power supply, an internet connection, and a secure mining software setup. Once you have the equipment, connect it to the Bitcoin network and configure it to start solving complex algorithms for Bitcoin rewards. However, solo mining is costly and requires high energy consumption, so many people prefer joining a mining pool or exploring cloud mining as alternatives to start Bitcoin mining in Nigeria.

22. Which mining app is paying?

Several mobile apps claim to offer Bitcoin rewards for mining activities, but mobile mining apps are generally less profitable and often consume a lot of battery power. Most serious miners use powerful mining rigs instead of mobile apps. However, some platforms like Cointiply allow you to earn small Bitcoin rewards in Nigeria for simple tasks, but these rewards are limited. For real mining, cloud mining or joining a reputable platform like Bybit for other Bitcoin earning options might be more effective.

23. What is the minimum deposit for cloud mining?

The minimum deposit for cloud mining varies depending on the provider. Some cloud mining platforms may require deposits as low as $10, while others may have higher minimums. The cost usually reflects the amount of mining power you rent and the expected returns. Researching reputable platforms and comparing minimum deposit requirements can help you make a better decision. For those interested in alternatives, Bybit offers ways to make money with Bitcoin in Nigeria without the need for cloud mining investments.

24. How to get 1 BTC in a day?

Earning 1 BTC in a single day is extremely challenging due to the high value of Bitcoin. Achieving this through trading, mining, or affiliate programs would require significant resources, skills, or a large network of referrals. For those just starting, smaller but consistent earnings are more realistic. Bybit’s affiliate program is a good starting point, allowing you to earn Bitcoin rewards in Nigeria through referrals, although reaching 1 BTC in a day will require considerable effort and time.

25. Where can I mine BTC for free?

Mining Bitcoin for free is extremely difficult, as it requires powerful equipment and electricity, both of which come with costs. However, some platforms offer free trials or minimal mining rewards through faucets or mobile apps, but these payouts are typically very low. If you’re looking for more substantial ways to earn Bitcoin in Nigeria without direct investment, Bybit’s affiliate program might be a better option. By referring new users, you can accumulate Bitcoin over time.

26. Is Bitcoin cloud mining free?

No, legitimate Bitcoin cloud mining services are not free. Cloud mining requires large data centers and powerful hardware, which are costly to operate. Providers charge fees to cover these expenses. While some platforms may offer small free trials, the returns are minimal. For a safer way to earn Bitcoin without direct investment, you might explore Bybit’s affiliate programs or trading options.

27. Which Bitcoin mining site is legit?

Reputable cloud mining sites include Genesis Mining, Hashflare, and BitDeer. However, it’s essential to research each platform, as cloud mining is known for scams. Avoid sites that guarantee unrealistic profits or lack transparency. For those seeking alternatives to cloud mining, Bybit offers a secure platform to start Bitcoin trading in Nigeria, which can be another profitable way to make money with Bitcoin.

28. Which coin is legit to mine?

Bitcoin, Ethereum (before transitioning to Proof of Stake), Litecoin, and Monero are considered legitimate coins to mine. Bitcoin mining is the most popular but requires high computational power. Monero is favored for privacy and can be mined with less powerful hardware. If mining doesn’t suit you, consider Bitcoin affiliate programs in Nigeria, offered by platforms like Bybit, which allow you to earn Bitcoin rewards through referrals.

29. How do I start cloud mining for free?

Starting cloud mining for free is challenging, as most legitimate platforms require a deposit to cover energy and maintenance costs. Some sites offer free trials, but returns are usually minimal. To avoid potential scams, research any free cloud mining offers carefully. If you want a risk-free method to make money with Bitcoin in Nigeria, Bybit’s affiliate programs may be a better choice, allowing you to earn Bitcoin through referrals.

30. Which coin can I mine for free now?

Currently, very few legitimate coins are available for free mining, as mining requires significant energy and hardware. Occasionally, some platforms offer free trials for coins like Dogecoin or Monero, but the returns are usually low. For reliable earnings, consider joining Bybit’s Bitcoin affiliate program, which allows you to earn Bitcoin rewards in Nigeria without mining.

31. How can I earn Bitcoin on my phone?

You can earn Bitcoin on your phone by completing microtasks, taking surveys, or joining affiliate programs that pay in Bitcoin. Platforms like Cointiply and Bituro offer small Bitcoin rewards in Nigeria for simple tasks. However, using Bybit’s mobile app allows you to access trading and affiliate programs, which can be more profitable and secure ways to make money with Bitcoin in Nigeria.

32. Is there a real Bitcoin mining app?

Most mobile Bitcoin mining apps are not profitable due to limited processing power on smartphones. However, apps like Cointiply and Bituro offer small Bitcoin rewards in exchange for completing microtasks. Serious miners typically use ASIC hardware or cloud mining instead. For those looking for better earning opportunities, Bybit’s mobile app provides options to trade Bitcoin or join affiliate programs in Nigeria.

33. How to make money with Bitcoin lending?

To make money with Bitcoin lending, deposit your Bitcoin into a lending platform where borrowers pay you interest for using your Bitcoin. Bybit’s platform offers secure options to earn interest on Bitcoin without actively trading. Bitcoin lending in Nigeria is an effective way to make money with Bitcoin, providing passive income as your Bitcoin grows over time.

34. How to earn interest with Bitcoin?

To earn interest with Bitcoin, deposit your Bitcoin into a platform that offers interest accounts, like Bybit. These accounts let you lend out Bitcoin to borrowers who pay you interest, creating a passive income stream. Bitcoin lending in Nigeria through interest accounts is one of the best ways to earn Bitcoin in Nigeria in 2025 without active trading.

35. How to lend crypto and earn interest?

To lend crypto and earn interest, deposit your cryptocurrency into a lending platform like Bybit. Bybit’s lending services allow you to lend Bitcoin and other assets, receiving regular interest payments in return. Lending crypto can be a secure way to make money with Bitcoin in Nigeria while maintaining control over your funds.

36. Which Bitcoin wallet pays interest?

Several wallets and platforms pay interest on Bitcoin, including Bybit. Bybit’s interest-earning accounts allow you to earn regular interest by lending out your Bitcoin. This passive income option is ideal for those looking for Bitcoin rewards in Nigeria without needing to trade or mine.

37. How much can you earn lending Bitcoin?

The amount you earn from lending Bitcoin depends on the platform’s interest rates and the duration of your lending period. Rates may vary, but typically range from 3% to 12% annually. Bybit’s platform offers competitive interest rates for Bitcoin lending in Nigeria, providing a reliable way to make passive income with your Bitcoin.

38. How does Bitcoin lending work?

Bitcoin lending works by allowing you to deposit your Bitcoin into a lending platform like Bybit, where borrowers use it for a fee. In return, you receive interest payments based on the loan agreement. Bitcoin lending in Nigeria is a straightforward way to make money with Bitcoin by earning passive income without active trading.

39. How much interest can I earn on Bitcoin?

The interest you can earn on Bitcoin varies based on the platform and market conditions, typically ranging from 3% to 12% annually. Bybit offers competitive rates, making it a reliable choice for Bitcoin lending in Nigeria. Rates may vary, so comparing platforms can help you find the best return for your Bitcoin.

40. How do I start earning on Bitcoin?

To start earning on Bitcoin, you can explore options like trading, lending, affiliate programs, and completing microtasks. Bybit provides tools for each of these methods, whether you’re looking to trade, lend, or refer others. Starting with Bitcoin affiliate programs in Nigeria on Bybit is a low-risk way to make money with Bitcoin.

41. Can you make $100 a day with crypto?

Yes, making $100 a day with crypto is possible, but it depends on factors like market conditions, investment size, and trading strategy. High-frequency trading, short-term trades, and referral bonuses on Bybit can contribute to achieving this goal. However, building up skills and starting small are recommended before aiming for daily income targets.

42. How to borrow USDT?

To borrow USDT, you can use a platform like Bybit, which offers borrowing and lending services. Bybit lets you borrow USDT by providing collateral, such as Bitcoin, to secure the loan. This can be useful for trading or holding assets without needing to sell your Bitcoin.

43. How to start DeFi lending?

To start DeFi lending, connect your digital wallet (such as Metamask) to a decentralized finance platform like Aave or Compound. Bybit also provides insights into decentralized finance and crypto lending, though DeFi lending specifically requires a Web3 wallet. Lending through these platforms lets you earn interest on Bitcoin and other crypto assets.

44. Can I borrow bitcoins?

Yes, some platforms, including Bybit, allow you to borrow Bitcoin by using other assets as collateral. Borrowing Bitcoin can be useful for trading or holding additional assets without selling your current holdings. Ensure you understand the terms and fees before borrowing to maximize the benefits.

45. Can I lend BTC on Binance?

Yes, you can lend BTC on Binance, which offers interest-earning accounts for Bitcoin and other assets. However, Bybit also offers competitive Bitcoin lending services, allowing you to earn interest on your Bitcoin through a trusted platform. By comparing platforms, you can find the best rates and terms for Bitcoin lending in Nigeria.

46. What are the interest rates for Bitcoin lending?

Bitcoin lending interest rates typically range from 3% to 12% annually, depending on the platform and market demand. Bybit offers competitive rates, making it an ideal choice for Bitcoin lending in Nigeria. Rates may vary, so comparing platforms can help you find the best return for your Bitcoin.

47. Is it safe to lend Bitcoin?

Yes, lending Bitcoin can be safe if you use a reputable platform like Bybit. Bybit offers secure Bitcoin lending services, but risks still exist, such as market fluctuations and borrower defaults. Always research the platform’s security measures and read reviews before starting Bitcoin lending in Nigeria.

48. How can I get a Bitcoin loan without collateral?

Most Bitcoin loans require collateral, as they are secured loans. However, some peer-to-peer platforms offer unsecured loans, though interest rates may be higher due to the added risk. Bybit requires collateral for its lending services, but the platform’s transparency and reliability make it a safe option for those looking to earn Bitcoin rewards in Nigeria.

49. How does Salt Lending work?

Salt Lending is a platform that offers crypto-backed loans, allowing users to use Bitcoin or other cryptocurrencies as collateral to borrow cash. Instead of selling Bitcoin, users deposit it as collateral, then receive a loan in USD or another currency. Once the loan is repaid, the Bitcoin is returned. Salt Lending requires collateral, so if the Bitcoin price drops significantly, additional collateral may be required to avoid liquidation. For those in Nigeria, using platforms like Bybit for lending can provide an alternative way to earn passive income without selling your Bitcoin.

50. How can I make money lending Bitcoin in Nigeria?

To make money with Bitcoin lending in Nigeria, you can use platforms like Bybit, which offer interest-earning accounts. By depositing your Bitcoin into a lending program, you can earn passive income through interest payments from borrowers. This method allows you to hold your Bitcoin while still earning returns, making Bitcoin lending in Nigeria a convenient way to generate income without active trading.

51. How to lend out Bitcoin?

To lend out Bitcoin, sign up on a reputable platform like Bybit, which offers Bitcoin lending services. Deposit your Bitcoin into an interest-earning account, and the platform will match it with borrowers who pay interest for using your funds. You’ll earn regular interest payments as long as your Bitcoin is lent out, providing a passive income stream.

52. How to get paid through Bitcoin?

Getting paid through Bitcoin is simple. Provide your Bitcoin wallet address to the person or platform paying you. If you’re a freelancer, platforms like Bybit or specific freelance sites can facilitate crypto payments. Once the payment is sent, it will appear in your wallet. To get started with freelancing for Bitcoin in Nigeria, consider using Bitcoin-friendly platforms or exploring Bybit’s affiliate programs for extra income.

53. Does freelance pay with crypto?

Yes, many freelance platforms and clients pay with cryptocurrency. Sites like Bitwage and CryptoGrind allow freelancers to receive Bitcoin payments for their work. Bybit’s affiliate program also pays in Bitcoin, making it a great choice for those seeking freelance jobs that pay in crypto in Nigeria.

54. What freelance platform pays in crypto?

Platforms like CryptoGrind, Bitwage, and some specific jobs on Upwork and Freelancer allow freelancers to earn in Bitcoin. Additionally, Bybit’s affiliate program enables you to earn Bitcoin by referring users, providing an alternative income source for those seeking Bitcoin rewards in Nigeria through freelancing.

55. What is crypto freelancing?

Crypto freelancing refers to freelance work where payment is made in cryptocurrency instead of traditional currencies. This includes jobs in writing, design, programming, and consulting. Freelancers can find crypto gigs on platforms like CryptoGrind and earn Bitcoin by completing tasks. For alternative income, Bybit’s affiliate program also provides Bitcoin rewards in Nigeria without requiring specific freelance skills.

56. How can I get Bitcoin to pay?

To receive Bitcoin payments, you’ll need a Bitcoin wallet address. Share this address with the person or platform that will pay you. Bitcoin wallets, such as those available on Bybit, make it easy to store and manage your earnings. Freelancers or affiliates can earn Bitcoin rewards in Nigeria and withdraw earnings directly to their wallets.

57. How can I get my money from Bitcoin?

To get your money from Bitcoin, you can use an exchange platform like Bybit to convert Bitcoin to fiat currency, like Nigerian Naira. Simply transfer your Bitcoin to Bybit, sell it for cash, and withdraw the funds to your bank account. This allows you to access your Bitcoin earnings easily while using a trusted platform.

58. Which freelance platform is best for Bitcoin earning?

Platforms like CryptoGrind, Bitwage, and certain Upwork and Freelancer gigs are ideal for Bitcoin earning through freelancing. Bybit’s affiliate program also offers Bitcoin rewards for referring users, making it one of the ways to earn Bitcoin in Nigeria in 2025 without direct freelancing work.

59. How much do freelance crypto writers make?

Freelance crypto writers can earn anywhere from $20 to $100+ per article, depending on experience and the complexity of the topic. Payments are often made in Bitcoin or other cryptocurrencies on crypto-focused platforms. Additionally, Bybit’s affiliate program allows writers and influencers to earn Bitcoin rewards in Nigeria through referrals.

60. Does Upwork pay with crypto?

Upwork does not directly offer payment in cryptocurrency, but clients on Upwork can choose to pay in Bitcoin if both parties agree. Alternatively, freelancers seeking crypto payments may prefer platforms like CryptoGrind or Bitwage, or can join Bybit’s affiliate program to earn Bitcoin rewards.

61. How do I become a blockchain freelancer?

To become a blockchain freelancer, build a strong understanding of blockchain technology and related skills like smart contract development, crypto writing, or blockchain consulting. Showcase your work on platforms like Upwork, CryptoGrind, and Bitwage, where clients post freelance jobs that pay in crypto. For additional income, Bybit’s affiliate program offers Bitcoin rewards for referring new users.

62. How do I make a career in crypto?

To make a career in crypto, develop skills in areas like blockchain development, crypto trading, writing, or marketing. Apply for crypto-related jobs on platforms like Upwork or specialize in freelancing for Bitcoin in Nigeria. Additionally, Bybit’s affiliate program can provide extra income, allowing you to earn Bitcoin rewards while growing your career in the industry.

63. How can I start making money in Bitcoin as a freelancer?

Start by finding freelance jobs that pay in crypto on platforms like CryptoGrind, Bitwage, or Upwork (for clients willing to pay in Bitcoin). Alternatively, Bybit’s affiliate program offers a straightforward way to make money with Bitcoin in Nigeria through referrals, ideal for freelancers looking to diversify their income.

64. How much does blockchain pay?

Blockchain salaries vary widely depending on role and experience. Blockchain developers can earn $60,000 to $150,000 annually, while freelance crypto writers or marketers may earn $20 to $100+ per article or project. Additionally, Bybit’s affiliate program allows you to earn Bitcoin rewards in Nigeria without needing technical blockchain skills.

65. How to start learning blockchain?

To start learning blockchain, explore free online courses on platforms like Coursera, Udemy, and YouTube. Basic topics include blockchain technology, Bitcoin, smart contracts, and crypto trading. Once comfortable, you can begin freelancing for Bitcoin in Nigeria or join Bybit’s affiliate program to start earning.

66. Can I get paid in Bitcoin?

Yes, you can get paid in Bitcoin by working on platforms that support crypto payments, such as CryptoGrind, Bitwage, or by working with clients directly. Many platforms, including Bybit, offer affiliate programs that pay in Bitcoin, providing a reliable way to make money with Bitcoin in Nigeria without needing specific job skills.

67. How to earn Bitcoin by watching videos?

Platforms like Cointiply and Bituro offer small Bitcoin rewards for watching videos, which can be a simple way to earn Bitcoin in Nigeria. Although earnings are modest, Bybit’s affiliate program can offer higher Bitcoin rewards by referring new users, providing an alternative income source.

68. How do I get a Bitcoin payment?

To receive a Bitcoin payment, create a Bitcoin wallet and share your wallet address with the person or platform sending the payment. Bybit and similar platforms offer Bitcoin wallets that make receiving, storing, and managing Bitcoin in Nigeria easy and secure.

69. How to earn 1 Bitcoin?

Earning 1 Bitcoin requires consistent effort through methods like trading, lending, mining, or affiliate programs. Bybit’s affiliate program, for example, allows you to earn Bitcoin rewards by referring users, which can help accumulate Bitcoin over time. Consistency and a strategic approach to Bitcoin investments and earnings can help you reach this goal.

70. How to make money daily with Bitcoin?

To make money daily with Bitcoin, consider day trading on a platform like Bybit, which offers real-time market data and trading tools. Alternatively, you can participate in Bybit’s affiliate program, where you earn Bitcoin rewards in Nigeria each time a referral signs up or trades on the platform. Completing daily microtasks on platforms like Cointiply can also contribute to daily Bitcoin earnings, although the amounts are smaller.

71. What is the best Bitcoin affiliate program?

The best Bitcoin affiliate program is one that offers competitive rewards, reliability, and ease of use. Bybit’s affiliate program is highly recommended, as it provides Bitcoin rewards for referrals and has strong security and support, making it an ideal Bitcoin affiliate program in Nigeria for those looking to earn passive income.

72. Which is the highest paying crypto affiliate program?

High-paying crypto affiliate programs include those offered by Bybit and Binance. Bybit’s affiliate program offers attractive Bitcoin rewards in Nigeria, with payouts based on the trading volume of referred users. Researching the terms of each program will help you choose the most rewarding one.

73. What is the easiest affiliate program to make money in Bitcoin?

Bybit’s affiliate program is one of the easiest ways to make money with Bitcoin in Nigeria, as it provides a simple signup process and clear referral rewards. All you need to do is share your referral link, and you’ll earn Bitcoin rewards whenever someone signs up and trades using your link.

74. How much can you earn from Binance affiliate?

The Binance affiliate program pays a percentage of the trading fees generated by referred users, which can add up depending on their trading activity. However, Bybit’s affiliate program also offers competitive rewards, making it a solid choice for those seeking Bitcoin rewards in Nigeria through affiliate marketing.

75. Can I earn daily on Binance?

Yes, it’s possible to earn daily on Binance through trading, staking, or affiliate rewards, depending on your strategy and activity level. Bybit also provides similar earning opportunities through its trading and affiliate programs, making it a reliable platform for consistent Bitcoin rewards in Nigeria.

76. What are the requirements for Binance affiliate program?

The Binance affiliate program generally requires a social media following or a website with active users interested in cryptocurrency. Alternatively, Bybit’s affiliate program offers similar rewards and may have fewer entry requirements, allowing more people to join and earn Bitcoin in Nigeria.

77. Can I get paid through Binance?

Yes, you can receive payments on Binance and withdraw them to your bank account or external wallet. Bybit also offers secure withdrawal options, allowing users in Nigeria to access their earnings easily while using a trusted platform for Bitcoin rewards.

78. How do I start earning with Binance?

To start earning with Binance, you can trade, stake crypto, or join its affiliate program. Alternatively, Bybit offers a user-friendly platform with similar features, including trading tools, affiliate rewards, and interest-earning accounts, making it easy to make money with Bitcoin in Nigeria.

79. Can you make a living on Binance?

Yes, some users make a living on Binance through consistent trading, staking, and affiliate programs. However, it requires discipline, knowledge, and a strong understanding of the market. Bybit also offers options for making a living through trading and affiliate rewards, ideal for those seeking ways to earn Bitcoin in Nigeria in 2025.

80. How to earn free Bitcoin on Binance?

You can earn free Bitcoin on Binance through its affiliate program, referral bonuses, or staking rewards. Bybit also provides ways to earn free Bitcoin rewards in Nigeria through similar programs, including its affiliate and rewards programs, making it easy to accumulate Bitcoin over time.

81. How to earn $10 daily on Binance?

Earning $10 daily on Binance can be achieved through day trading, affiliate referrals, or staking high-yield crypto assets. Bybit’s trading tools and affiliate program also make it feasible to earn daily, with a clear focus on secure, accessible Bitcoin rewards for Nigerian users.

82. How to get free $10 on Binance?

Binance sometimes offers sign-up bonuses or referral promotions that include $10 in free Bitcoin or other crypto. Bybit also offers bonuses for new users, allowing Nigerians to start trading or earning Bitcoin rewards in Nigeria with initial funds provided by the platform.

83. How to earn 1 Bitcoin?

Earning 1 Bitcoin may take time, but it can be achieved through methods like trading, lending, affiliate programs, and consistent efforts. Bybit’s affiliate program is a viable way to work toward this goal, as Bitcoin rewards are given based on user referrals.

84. How to earn Bitcoin by survey?

To earn Bitcoin by completing surveys, you can use platforms like Cointiply, Bituro, or FreeBitcoin, which offer small Bitcoin rewards in exchange for survey participation. These platforms allow you to accumulate Bitcoin gradually, making them one of the simpler ways to earn Bitcoin in Nigeria. Additionally, Bybit offers more substantial earning opportunities through trading and affiliate programs if you’re looking for higher rewards.

85. How to generate money through Bitcoin?

To generate money through Bitcoin, you can explore trading, mining, lending, affiliate marketing, and completing microtasks. Bybit offers a comprehensive platform with trading tools, interest-earning accounts, and affiliate programs, all of which are effective ways to earn Bitcoin in Nigeria in 2025.

86. How to do tasks for crypto?

To earn crypto by doing tasks, join platforms like Cointiply or Bituro, where you can complete simple activities like watching videos, answering surveys, or downloading apps. These platforms pay small Bitcoin rewards for each task. Alternatively, Bybit’s affiliate program allows you to earn Bitcoin rewards in Nigeria through referrals, which can be more profitable over time.

87. How to earn from JumpTask?

JumpTask is a microtask platform where users can complete small online tasks, such as surveys or app testing, in exchange for cryptocurrency rewards. Sign up on JumpTask, finish available tasks, and receive small Bitcoin rewards in Nigeria. While JumpTask can help you accumulate Bitcoin gradually, Bybit’s affiliate program may offer more consistent Bitcoin rewards through referrals.

88. How to earn Bitcoin daily?

To earn Bitcoin daily, consider day trading on a platform like Bybit, which offers tools for buying and selling Bitcoin based on short-term price movements. Bybit’s affiliate program also offers the opportunity to earn Bitcoin daily through referrals, allowing you to earn Bitcoin rewards in Nigeria each time someone signs up or trades on the platform. Additionally, microtasks on platforms like Cointiply can provide small daily earnings in Bitcoin.

89. How to get BTC for free?

To earn BTC for free, you can complete small tasks on platforms like FreeBitcoin, Cointiply, or Bitcoin faucets. These options offer very minimal rewards. If you’re looking for more substantial earnings, Bybit’s affiliate program allows you to earn Bitcoin rewards in Nigeria by referring new users, which can accumulate over time.

90. What is the best site to earn Bitcoin?

Bybit, FreeBitcoin, and Cointiply are among the best sites to earn Bitcoin. Bybit stands out for its range of options, including trading, lending, and affiliate rewards, making it an ideal platform for those looking to make money with Bitcoin in Nigeria.

91. Which app gives free crypto coins?

Apps like Coinbase, Cointiply, and StormX offer small crypto rewards for completing tasks, but Bybit provides more substantial earning opportunities. Bybit’s affiliate program allows you to earn Bitcoin rewards in Nigeria by referring users, offering a more reliable income than small-task apps.

92. Can you make $100 a day with crypto?

Yes, making $100 a day with crypto is possible through active trading, affiliate rewards, or high-yield crypto lending. Bybit’s trading platform and affiliate program make this goal achievable for those who have a solid trading strategy and market knowledge, or a strong referral network.

93. What app pays you Bitcoin for doing tasks?

Apps like Cointiply, Bituro, and StormX pay small Bitcoin rewards for completing tasks like watching videos, surveys, or downloading apps. However, Bybit’s affiliate program offers higher Bitcoin rewards through referrals, making it a more profitable option for earning Bitcoin in Nigeria.

94. How do I start earning in crypto?

To start earning in crypto, explore methods like trading, lending, microtasks, and affiliate programs. Bybit offers multiple earning options, including trading tools, interest accounts, and an affiliate program, making it easy to make money with Bitcoin in Nigeria.

95. How can I earn Bitcoin on my phone?

You can earn Bitcoin on your phone by using apps like Cointiply, which reward users for completing tasks. Alternatively, download Bybit’s mobile app, where you can trade, refer users, and manage your Bitcoin earnings conveniently. Bybit is a secure option for those looking to earn Bitcoin rewards in Nigeria from their mobile devices.

96. Do surveys earn Bitcoin?

Yes, platforms like Cointiply and Bituro offer Bitcoin rewards for completing surveys, although the earnings are generally small. If you’re looking for more consistent Bitcoin rewards, Bybit’s affiliate program provides higher payouts through referrals, making it a viable alternative to surveys.

97. What is the best site for Bitcoin?

Bybit is one of the best sites for Bitcoin due to its wide range of features, including trading, lending, and affiliate rewards. Bybit’s user-friendly interface, strong security, and multiple ways to make money with Bitcoin in Nigeria make it a comprehensive choice for both beginners and experienced users.

98. How to get 1 BTC in one day?

Earning 1 BTC in a day is challenging and generally requires significant trading volume or a large number of referrals. Bybit’s affiliate program can help you work towards this goal by rewarding you with Bitcoin for every referral. However, achieving 1 BTC in a day is ambitious and would require a large, active referral network or advanced trading skills.

99. What is the fastest way to make money on Bitcoin?

The fastest way to make money on Bitcoin is through day trading, where you capitalize on short-term price fluctuations. Bybit offers advanced trading tools, real-time data, and market insights, making it an ideal platform to start Bitcoin trading in Nigeria. Alternatively, Bybit’s affiliate program can provide quick returns through referral bonuses.

100. How to invest in Bitcoin and make money for beginners?

Beginners can invest in Bitcoin by purchasing it on a platform like Bybit and either holding it for long-term gains or engaging in short-term trading. Bybit also offers an affiliate program, where beginners can make money with Bitcoin in Nigeria through referrals without needing extensive trading knowledge.

101. How to learn Bitcoin trading for beginners?

To learn Bitcoin trading, start by researching basic trading strategies, price charts, and market trends. Bybit offers tutorials and a demo account, allowing beginners to practice trading without risking real money. Bybit’s platform is an excellent resource for those wanting to start Bitcoin trading in Nigeria.

102. How do beginners buy bitcoins?

Beginners can buy Bitcoin by signing up on a platform like Bybit, depositing funds, and using the “Buy” feature to purchase Bitcoin. Bybit’s user-friendly interface makes it easy to start Bitcoin trading in Nigeria, especially for those new to cryptocurrency.

103. Can I hold Bitcoin for long term?

Yes, holding Bitcoin long-term (known as “HODLing”) is a common strategy for those who believe in Bitcoin’s future growth. By storing Bitcoin in Nigeria with a secure wallet, you can potentially make profits as Bitcoin’s value increases over time. Bybit provides secure storage options for long-term holders.

104. Is HODLing profitable?

HODLing can be profitable if Bitcoin’s value rises over time, as long-term holders benefit from price appreciation. By storing Bitcoin in Nigeria, especially on a platform like Bybit, investors can make money with Bitcoin without needing to trade daily.

105. Can you make money by holding Bitcoin?

Yes, holding Bitcoin long-term allows investors to potentially profit as the value of Bitcoin increases. This approach is simple and doesn’t require active trading. Platforms like Bybit make it easy to buy and store Bitcoin in Nigeria, providing a secure way to hold your investment.

106. How to generate income with Bitcoin?

To generate income with Bitcoin, explore options like trading, lending, affiliate programs, and HODLing. Bybit offers trading tools, interest accounts, and an affiliate program, making it one of the best ways to earn Bitcoin in Nigeria in 2025 through multiple income streams.

107. What will $1000 of Bitcoin be worth in 2030?

The future value of $1000 in Bitcoin is uncertain and depends on market conditions. Historically, Bitcoin’s value has increased significantly, but past performance doesn’t guarantee future returns. Bybit provides real-time market data, helping you track your Bitcoin’s value over time as you store Bitcoin in Nigeria for the long term.

108. Where is the best place to hold Bitcoin long-term?

For long-term storage, a secure platform like Bybit offers high-level security and user-friendly wallet options. Hardware wallets are another safe choice for those who prefer offline storage. Bybit’s services make it easy to store Bitcoin in Nigeria while keeping your investment protected.

109. Which crypto to hold long-term?

Bitcoin is generally considered one of the best cryptocurrencies for long-term holding due to its established position and limited supply. Ethereum is also popular for long-term holds. If you’re looking to make money with Bitcoin in Nigeria, Bybit offers secure ways to store Bitcoin for potential long-term gains.

110. Can I get rich from crypto trading in Nigeria?

Yes, some people have become wealthy from crypto trading, but it requires knowledge, discipline, and a strong trading strategy. Bybit provides tools and real-time market data, making it a reliable platform to start Bitcoin trading in Nigeria. However, risks are involved, so it’s best to start small and gradually build experience.

111. What are the disadvantages of HODLing crypto?

HODLing crypto comes with risks, such as price volatility and missed short-term trading opportunities. If the market drops, the value of your holdings can decrease significantly. However, by choosing a secure platform like Bybit to store Bitcoin in Nigeria, you can minimize security risks associated with long-term holding.

112. Can Bitcoin make you a millionaire?

Yes, Bitcoin has made many early investors millionaires due to its price increase over time. However, becoming a millionaire through Bitcoin requires either a large initial investment or a strong long-term investment strategy. Bybit’s trading and affiliate programs provide ways to make money with Bitcoin in Nigeria, which can contribute to building wealth.

113. Can you make $100 a day with crypto?

Yes, it’s possible to make $100 a day with crypto through day trading, affiliate rewards, or staking. Bybit’s trading platform and affiliate program provide realistic ways to earn Bitcoin rewards in Nigeria daily, depending on your level of skill and market knowledge.

114. How much will I get if I put $1 in Bitcoin?

If you put $1 in Bitcoin, the value will fluctuate with Bitcoin’s price. For example, if Bitcoin’s price doubles, your $1 will be worth around $2. Bybit offers tools to track investments, allowing you to monitor your earnings as you start small and build up your Bitcoin holdings.

115. What is the best wallet for storing Bitcoin long term?

Hardware wallets like Ledger and Trezor are considered the best for long-term Bitcoin storage due to their offline security. However, Bybit also offers secure wallet options for users looking to store Bitcoin in Nigeria. Choosing the right wallet depends on your security needs and preference for online or offline storage.

116. Can you hold Bitcoin for years?

Yes, Bitcoin can be held securely for years, a strategy known as HODLing. By storing Bitcoin in Nigeria on a reliable platform like Bybit, you ensure that your investment is safe, with the potential to grow in value over time.

117. Is Bitcoin worth holding long term?

Many investors consider Bitcoin worth holding long-term due to its limited supply and increasing adoption, which could lead to higher prices in the future. Bybit offers secure storage and easy access, making it a solid choice for those looking to store Bitcoin in Nigeria for long-term profit potential.

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