Paybis is Rewarding Nigerian Customers
Paybis Is Rewarding Nigerian Customers with Five Ethereum Coins.
• Paybis is rewarding its Nigerian users with rewards in the region of 5 Ether. • Paybis is trying to increase the usage of the e-wallet Neteller to buy cryptocurrencies. • Paybis is one of the biggest cryptocurrency exchanges in the market.
Paybis broke the internet during the last days of March after the cryptocurrency exchange announced rewards for Nigerian customers in the region of 5 ETH who buy digital assets with Neteller.
March proved to be an excellent month for several cryptocurrency exchanges as the market made efforts to recover from the bearish engulfing.
What happened? Paybis announced through a blog that customers in Nigeria (one of Paybis’ supported countries) stand a chance of earning up to 5ETH using Neteller to buy cryptocurrencies.
This promotion is open to all Nigerians who have the legal documents to prove they are at least 18 years old.
Starting on Monday, April 4, 2022, residents of Nigeria can buy a minimum of $20 worth of cryptocurrencies on Paybis using their fully verified Neteller Account.
The first winner will be randomly chosen and announced after 30 days (May 4, 2022). The second winner will be announced after 60 days (June 3, 2022).
Paybis will send a direct message to winners' fully verified contact numbers linked to accounts on Paybis.
Residents of Nigeria should have an Ether (ETH) wallet address as this is a requirement for receiving the 5 Ether tokens.
Some of the best crypto wallets for storing Ether that Moni Talks would like to recommend are TrustWallet and MetaMask.
Why does this matter? Many Nigerian customers prefer to fund their Paybis wallets with other payment methods instead of Neteller to buy cryptocurrencies.
Payment methods supported by Paybis in addition to Neteller include bank transfers, debit and credit cards, and Skrill Money transfers.
As of writing, the native asset of the Ethereum ecosystem was trading in the range of $3,155 and $3,573. This means that buying $20 worth of crypto tokens using Neteller as a payment method on the Paybis cryptocurrency exchange can earn any Nigerian customer approximately $15,000.
This converts to NGN 6.2 million in local currency.
It is a good time to be a Paybis customer if you are a resident of Nigeria. This is because the average monthly salary is NGN 43,200, and this rounds up to an annual salary of approximately NGN 518,400.
The average annual salary is around $1,245.
Earning 5 Ether will be a 1,100% increase in the annual salary of an average Nigerian.
How to Buy Cryptocurrencies on Paybis with Neteller
Firstly, you have to sign up for an account.
In line with verification, Paybis will ask you for an active email address and phone number. These will be verified first.
Secondly, you have to provide authentic information about yourself - input legal details of your full legal name and provable residential address.
Thirdly, verify your account.
Per compliance with regulations, the Paybis cryptocurrency exchange will ask for a government-issued identification card that confirms the details of earlier input. Cards with your signature embossed are mostly preferred. Additionally, since Nigeria is not one of Paybis’ restricted countries, you will be asked to provide proof of address. You also have to upload scanned images of, preferably, your bank statement since it comprises your residential address.
Fourthly, deposit funds via Neteller.
You should have a fully verified account on Neteller before you can use it to buy cryptocurrencies. Choose from the range of fiat currencies most preferred by Nigerians, the United States Dollar (USD).
Lastly, navigate to the page of the cryptocurrency of your choice. On that page, buy at least $20 of your preferred cryptocurrency, and Paybis will process your order within a short period.
Located in the United Kingdom, Paybis is a cryptocurrency exchange founded in 2014. Paybis reviews online have been mainly positive. Paybis customer service is one of the best in the space, it's highly regulated, and it supports several payment methods. Paybis fees are some of the lowest in trading, and Paybis verification is rated as one of the simplest.
Neteller is a financial services wallet by the PaySafe Group, the same company that owns Skrill Money Transfer.
Author: Raphael Minter
Raphael Minter/ Albert Zuhnden (preferred pen name) is a crypto finance writer, data miner, and fundamental analyst. Raphael has written hundreds of articles about centralized and decentralized financial instruments such as precious metals, commodities, stocks, and cryptocurrencies. He broke into digital finance in 2016 and believes digital assets and blockchain technology is the future of finance.