enaira speed wallet: everything you need to know
Enaira speed wallet is a CBN virtual naira planform design to provide online naira transactions and purchases for the benefit of Nigerian citizens.
Enaira speed wallet have it’s website and mobile application for both android and iphone devices.
Website portal support users that wish to give visit using computers, mobile devices, and tablets.
The enaira speed wallet is design and own by Central Bank of Nigeria and is design to enhance the use of cashless policy adopted by Nigerian CBN governor across the nation.
What is eNaira used for?
Enaira speed wallet is to send and receive money from all banks that have license under central bank of Nigeria.
Users can use enaira speed wallet to save money aswell as making online purchases and payment.
Enaira speed wallet will also served as a bank so that one can use it in his business activities as it comes with this features.
Before using enaira speed wallet for business purposes, one will need to create a business account along side the individual account.
The business account will need additional requirements to verify business profile and this include but not limited to CAC, and TIN.
How can I buy eNaira?
Enaira is not being trade as if it’s a crypto currency, it’s being used by send and receive features that considered as normal bank to bank transfer.
The possible think to do on enaira speed wallet is to send money and receive but not buy and sell it.
What is the value of eNaira to Naira?
Since enaira is design to reflect the normal naira notes virtually, then we can say that the value of enaira to naira is the same and not separatable.
With the above information we can understand that the value of enaira will possibly failed or drop anytime actual naira values have dropped.
And at the same time enaira value will raise when naira value raised. Meaning that enaira and normal naira is the same thing that to the same work.
Who is the owner of eNaira?
As we have made mentioned in the first paragraph of our post, enaira is design by Central Bank of Nigeria ( CBN ).
So enaira speed wallet is a CBN virtual naira wallet that is design to improve the use of Nigerian naira online in order to help Nigerian citizens to boost their online and international business.
Can I use eNaira to buy Bitcoin?
Actually cryptocurrency is not inline with CBN privacy police and terms and conditions, with this we can say no.
The reason behind the above saying is connected to the CBN policy that banned the use of Nigerian banks to buy and sell any cryptocurrency on the go.
Always remember that enaira is following the Nigerian naira policy as all other banks across the nation did.
Is eNaira Crypto?
Enaira is not a crypto, it’s a Nigerian virtual naira that will be use in buying and selling of legal products online.
It’s rules have against the crypto transactions in the entire banks on the nation.
Can I transfer from eNaira wallet to bankaccount?
Yes, enaira is design to send and receive money from all banks Nigerian rules of low, so any body can send and receive money from and to any bank account.
Can I use eNaira to send money abroad?
Sending money abroad means international transactions, so sending money to abroad is not available in enaira speed wallet.
But as the development keep to emerge hope that cbn will implement this features in the future updates of app.
Which wallet can I buy Bitcoin in Nigeria?
There’s some wallets that will be used to buy Bitcoin in Nigeria and they include not limited to chipper cash virtual dollar card.
The problem with these wallet is the high change rate for naira to dollar as they use black market price.