Five ways to protect or withdraw your Crypto Profit in Nigeria as Bitcoin Price dips

Five ways to protect or withdraw your Crypto Profit in Nigeria as Bitcoin Price dips

In this piece, we will be looking at the fastest and easiest option to protect and withdraw your crypto gains in Nigeria without being flagged. Let's start digging. Find out everything you need to know about the recent crash in Bitcoin price. This is the most common way people use to withdraw their crypto gains. It applies to both exchanges and P2P Platforms. In this method, you swap your Bitcoin to USDT which is a Stablecoin. Once you change your Bitcoin to USDT it maintains the price and value of your money resistant to the movement of the price of Bitcoin, and whenever you want to buy the dip, you simply swap the USDT to Bitcoin. If you decide to withdraw, once you have your money in USDT, you can then sell your USDT for Nigerian naira which will be transferred directly into your bank account on P2P Platforms like Remitano. If the USDT you converted your coin into is on spot exchanges, you can transfer the USDT to any P2P Platform you have registered on, or to any hardware wallet you have. Stablecoins are coins that have a stable price. They aren't as volatile as Bitcoin and other Altcoins.