HOW TO USE THE CRYPSTONE EXCHANGE.
HOW TO USE THE CRYPSTONE EXCHANGE.
About a month ago, we announced that the Crypstone exchange will be ready in order to create a unique and seamless experience for our users. So, this means you will all be able to convert your bitcoin to naira and buy bitcoins with your naira via the exchange. Before anything changes for you, we want to be sure we address any concerns or questions you may have.
WHY CRYPSTONE EXCHANGE?
We understand the bottle-necks involved in converting bitcoin to cash and buying bitcoins with naira. We built the exchange with a solution in mind and that’s to make you enjoy end-to-end experience that you deserve. Even at that, we are still working on your needs to improve the user experience on the platform.
HOW LONG DOES THE PROCESS TAKE?
Withdrawal time is almost instant but it is mostly dependent on your bank.
WHAT ARE THE FEES FOR WITHDRAWING MONEY?
We do not wish to charge you a fee for using our platform, we only charge you a fee if your bank charges us a fee.
PHONE NUMBER/ BVN VERIFICATION.
There have been lots of questions about why users need to verify their phone numbers and BVN before they can be able to use the exchange. As the KYC policy demands, each user must be verified accordingly to conveniently use the platform. Your use of the exchange without verification would limit the amount you would be able to transact.
GETTING STARTED.
To start using the exchange, you will need to login, or sign up if you haven’t.
On your dashboard, click on “Exchange”.

A page like the one shown in the picture above will load. There you can see the “DEPOSIT” and “TRANSFER” features. Next to it is the “Buy and Sell BTC” option. For the sake of clarity, we will get to know how to use them efficiently.
DEPOSIT AND TRANSFERS.
The deposit and transfer feature is to enable our users to successfully deposit naira into their Crypstone account and also transfer naira from their account. Under the deposit and transfer feature, we have the fund deposit and fund transfer features.
FUND DEPOSIT.
With this feature, you can send naira from your bank account to your crypstone account. With the funds sent to your wallet, you can easily buy bitcoins from the exchange very fast.
To make a deposit to your crypstone account:
1. Enter the amount you wish to deposit in naira, then click “Deposit Funds.”
2. A pop-up option to confirm your order will be displayed. Click “Continue”
3. Another pop-up requesting to use “Voguepay” will be shown. Click the “Pay with Voguepay” button.
4. A payment interface will be displayed next. Follow the instructions and enter your card details in the spaces provided, then click “Pay”
Congratulations! You’ve made a successful deposit to your Crypstone account.
FUND WITHDRAWAL.
With the “Fund Withdrawal” feature, you can be able to conveniently convert your bitcoins to naira and be credited in your local bank account.
To successfully make withdrawal from your Crypstone wallet to your bank account;
1. Ensure that your BVN and bank details are linked with your Crypstone wallet.
2. Enter the amount you wish to withdraw to your bank account, to enable you make a successful withdrawal.
3. Click on “WITHDRAW TO BANK”
4. In the pop-up option displayed, click the CONTINUE button to confirm the withdrawal amount.
5. Next, confirm your bank details and click “Withdraw”. You’re now set to go.
In few minutes you should receive an alert from your bank to notify you that your account has been credited.
BUY & SELL BTC.
This is one of the features that even makes the exchange more unique. We have removed bottle-necks involved in buying and selling bitcoin online. With this feature, you can easily buy and sell bitcoins immediately. You don’t need to wait for someone to accept your request to sell you bitcoins, your order gets filled immediately as long as you have enough available balance for the amount of bitcoins you wish to buy or sell.
Lets then see how we can be able to BUY and SELL BTC on the exchange.
TO BUY BTC.
To buy bitcoin from the exchange;
1. Ensure that you have funded your account from your bank.
2. Click on the “Buy & Sell BTC” option on the exchange menu.
3. Next, you’ll be able to see your available balance and how many bitcoins your balance could get you.
4. Enter the amount of bitcoin you wish to buy. You can be able to enter the value of bitcoins you wish to buy in Naira or BTC.
5. Click on “BUY BTC.”
Now you have successfully purchased bitcoins.
TO SELL BTC.
With this feature, you can be able to sell your bitcoins instantly and be credited.
1. Enter the amount or bitcoin value you wish to sell.
2. Click ‘‘SELL BTC”
3. You’ll be notified that your bitcoins has been sold.
After selling your bitcoins, you can initiate a withdrawal from the Deposit and Withdrawal menu to your bank account.
