Do you know you can buy Bitcoin with card in Nigeria? In this article, you will learn how to get a dollar card to enable you to buy Bitcoin in Nigeria.
Buying Bitcoin with a dollar card in Nigeria is safe and convenient, and there is no regulation or account suspension issue.
This card will work on Trustwallet, Binance, Moonpay, Simplex and many crypto apps you can think of.
Please note that it is not advisable to buy Bitcoin with your ATM card, your ATM card is issued by your bank. Purchasing crypto by using your ATM card put your bank account at risk of being closed by the CBN. The card being talked about here is different from your ATM card.
Before you get this card that enables you to buy Bitcoin, it’s best you take 10 seconds to understand what a Virtual card is.
what is a Virtual or Online Card?
A virtual card is an online payment card that let you pay for things online. Just like your ATM card, this card has 16 digit numbers, CVV code, expiry date, and even your name on it. But the difference between this card and your ATM card is it can only be used on the internet.
You can buy Bitcoin and other cryptos online. It can also secure other purchases online and withdraw money from the card to your bank.
how to get the dollar virtual card
To get this card, you don’t need a bank. You can get the card within 5 minutes. Just download one app.
There are many apps in Nigeria today that you can get this card from but the best one is linked below. Even if you don’t have an international passport or voter’s card.
download Barter by Flutterwave
Here are three ways to download the app, just follow any way you prefer:
- Go to https://barter.me/signup on your browser (either phone or laptop) or click this LINK to register your account immediately. This is the fastest way.
- If you use an Android, open the Playstore app; search for Barter by Fluterwave; tap on the app and then click on install.
- If you are on an iPhone or iPad, open the App Store, search for Barter by Fluterwave, tap on the app and then click Get.
create your account
Register with your first name, last name, email and password. If the app asks you for your phone number, enter your phone number.
Also, don’t forget to enter the word ‘goodcard’ as the referral code (no space).
To verify your account, the app will ask for your BVN. Nothing to worry about. It’s to verify your name and your date of birth. Over 500,000+ people are using the app.
Before you get the card, you need to add money to the app. You can add money with your normal ATM card or you can do a bank transfer. Just open the app and click on add money (at the top).
- For bank transfers, you will be given a dedicated account number. Just send the money to the account number. You can always send money to this account anytime you want to add money to the app.
- If you prefer ATM card, just enter your ATM card number, CVV, and expiry date. The number, CVV code, and expiry date is on the ATM card. You can also save your ATM card on the app for next time.
Any method you use will certainly work. Just ensure you add money into the app. Add from N5,000 above because you’ll need at least $2 to get the card and $5 on it as your minimum balance.
Once you’ve done that you can get your card.
get your dollar card now
On the App menu (below), you’ll see the word Card, click on it. Then follow the instructions on the app.
- Click on New Card (top right)
- The app will take $2 to create the card for you
- Enter the card label, just anything you will be using the card for. e.g Online Payments.
- Choose any colour of the card you want (black is my favourite)
- Then enter $5 as the amount you want to fund the card with. You can enter more if you need more money inside the app. But the minimum amount you can fund is $5.
Once you follow the step, gbam! your card is ready.
Before you begin buying crypto with the card…
See your card details
You will see your card details when you click on Card (below). The basic details include the 16 digit numbers, expiry date, your name, and the amount inside the card.
To see the full details of the card, look below the card, there are three words, Details, Fund, Withdraw, click on Details. All your card details are there including things like cvv, postal code, and billing address will appear.
Don’t worry about the address you are seeing. It is a dollar card, so the app helped you create an American address.
You don’t need to save these details. The app is on your phone already and also online. You can log in whenever to get the information.
Buy Bitcoin with your dollar card
You can now go to your best crypto app that supports card payment and pay with the card. Just open the Barter app and copy your card details into your crypto app anytime you want to buy Bitcoin.
So long there is enough money on the card, your purchase will be successful.
In any case there is a need to enter your OTP when making payment, just open the email you used to register on Barter and you will see the code there.