TradeCryptocurrency On Roqqu Trading of Cryptocurrency has suddenly becomes a popular means of earning a passive income online since online Investment platforms are now crashing quickly and leaving their Investors in heavy loss and sober. Buying and selling of Cryptocurrencies is undoubtedly a sure way of making money online with little or no stress, All you need to do is invest your money to purchase and hold a crypto coin when the price dip(fall) and then resell them when they rised again.
Despite the sudden rise popularity of Cryptocurrency, it still remains a fact that not everyone knows how it works of how to buy and sell their favorite coins or currencies.
Infact the recent ban or restrictions on crypto Trading by the Nigerian government has further make it more difficult to buy and sell cryptos in Nigeria as bank no longer allowed direct deposit or withdraw to or from any crypto Trading wallet. But nevertheless, their are still many ways to Bypass this restrictions which we’ll provide here in this article.
Among all the all the crypto wallet we have used so far, Roqqu seems to provide the easiest and user friendly interface which will be easier for even a pure novice to navigate and use and for the sake of this tutorial, We shall base fully on “How to Buy and Sell Coins Using Roqqu”.
Table of Contents
WHAT IS CRYPTOCURRENCY?
In it’s simplest term, Cryptocurrency is a digital currency which is usually decentralized (Not under the control of anyone) and stored on the block chain. Being a digital currency means it’s only spendable online and not a physical currency like our Naira and dollars. Consider the Block chain mentioned here to be the Central Bank that regulates and store our physical currencies.
Examples of some popular Cryptocurrencies includes; Bitcoin, Ethereum, Litecoin, Dogecoin, ETC… The coins usually rise and fall based on their market demands and usage.
Now that you have grasped some basic knowledge on Cryptocurrency and crypto Trading, let’s move on to how to get started with Buying and selling your cryptos on Roqqu.
• Upon Successful Registration, you’ll be directed to your account dashboard
• Click on the button provided to verify your Email.
• Click on Setting and then “Verification”
• Verify your NIN/BVN details.
• You are now a registered Roqqu member and Ready to trade your favorite crypto.
HOW TO DEPOSIT MONEY ON YOUR ROQQU ACCOUNT AND BYPASS CBN CRYPTO BAN
Since the Nigeria government and CBN already put a ban or restrictions on Crypto Trading, depositing money directly from your bank account into your Roqqu crypto Trading Wallet is no longer possible. Kindly follow our guides below to bypass this Government ban on Crypto Trading and deposit into your Roqqu account/wallet.
• Go to Google play store and download/Install the Rave Wallet app or Click Here To Download it.
• Open The Rave app and click on “Create an account”
• Complete the account set up and verify your BVN/NIN with them.
• From your account interface, Click on “Add Money”
• Click on “Bank transfer/Deposit”
• An account number will be generated and displayed to you (Usually wema account).
• Now transfer your desired amount from your bank account into the account number provided above.
• The money will reflect on your Rave account within minutes.
• Now Go back to your Roqqu account and Click on “Deposit”
• Enter the amount to deposit and Click on Proceed.
• Choose the “Wallet to Wallet peer option” (1st option)
• Select “Rave wallet” option.
• A Rave account username will be provided for you to deposit into. Don’t close the page please.
• Go back to your Rave account and click on “Send Money” Then select “To Rave user”
• Enter the Raven Username displayed to you on Roqqu, the amount to transfer and the payment Narration provided to you on Roqqu.
• After successful transfer, Go back to your Roqqu account and click on “I complete the payment”
• The amount will reflect on your Roqqu account within 5-10mins.
HOW TO BUY AND SELL COINS ON ROQQU
• To buy a coin, Click on the buy/sell option.
• Click on “Instant Buy”
• Select the Coin to Buy
• Enter the amount of coins to buy and click on “Proceed With purchase”
• Click on purchase and confirm your transaction.
• To sell your coins, follow the same steps from step 1 and click on “Instant Sell”
HOW TO WITHDRAW FROM YOUR ROQQU ACCOUNT.
• From your Roqqu account interface, Click on “Withdraw”
• Click on “Withdraw To Wallet”
• Select the Raven option.
• Enter your Raven wallet username and amount to withdraw
• Click on verify details and cross check the details displayed.
• Click on proceed.
• On the next page, Click on *Complete withdrawal”
• Your Raven wallet will be credited within few minutes.
• Now you can transfer your money from your Raven wallet to your local bank account.
THINGS TO CONSIDER BEFORE DECIDING WHICH OF THE COINS TO TRADE.
There are no guarantee tips to profit crypto Trading because the rise and fall of those crypto coins are not predictable but however, The below tips may help in deciding when to buy and sell your coins.
• Study the Market value of the coins: No the minimum and maximum value the coins usually fluctuate between over the recent days. E.g Bitcoin usually fluctuate between N16,000,000 to N21,000,000 over the last 7days while Dogecoin fluctuate between N110 to N180.
• Buy your coins when the price falls and sell them when it rises: To do this, one need to check the Roqqu app regularly to know when the price fall or rises. Alternatively setting a price Alert will also be helpful.
CRYPTO COINS TO CONSIDER TRADING:
• SHIBA INU: SHIB price is still very low and daggle around N0.003 to N0.005. When for example one decides to buy the coin with 50k @ N0.003 (16,600,000 SHIBS) and then resell when it rises to N0. 0045, Such person will be left with a profit N25,000 and this can be attained within a week. Buying and storing the SHIB coins is also a good idea. imagine when the coin rise above N1 or even more.
• Other coins to consider trading are; Bitcoin, Dogecoin, Ethereum, Reef etc.
NOTE: You were unable to find some coins like SHIBS, REEF and others on your Roqqu app, just scroll down and click on “Add more Coins” to add them to your wallet.
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