Buy and Sell Bitcoin and USDT in Nigeria
Quidax Sell bitcoin in Nigeria stands out as a reliable, user-friendly option for Nigerians in the cryptocurrency market, balancing occasional speed issues with significant benefits in accessibility and security. In 2019, Quidax expanded its services with a peer-to-peer platform and a partnership with Flutterwave, simplifying fiat transactions. Despite occasional feedback on transaction speeds, its high rating on the Google Play Store reflects user satisfaction with its functionality, security, and cost efficiency.
All you need do is send any amount to the wallet generated, the system identifies it and pays the Naira equivalent with regards to the “Sell Bitcoin” Rate in Naira Instantly. Also, the platform allows users to set up 2FA which is an added layer of security. In its 4 years of existence, it has attracted over 5 million users from 205+ countries supported by the platform. The People’s Exchange as it is fondly called is another place where Nigerians can trade Bitcoin and other cryptocurrencies right now. Apart from P2P, the exchange provides Instant Buy/Sell, Order Book, Wallet, and Quidax Vault as services.
Plus, the platform employs online and offline storage systems with multisig protection and multiple backups to achieve security. It is an excellent P2P platform where you can trade BTC, ETH, LTC, BCH, XRP, and USDT. Also, it has a Swap feature and it enables third payments like Netflix subscriptions. Yes, as long as you use a trusted platform like Ridima, Koyn, or Bybit. Gone are the days of waiting hours or even days to receive your payment. Instant payouts make life easier, especially in time-sensitive situations.
Most reliable, fastest and cheapest E-currency Exchanger in Nigeria
That’s why I’ve created this list of the top 5 best apps to sell Bitcoin in Nigeria. The app is committed to making crypto trading a stress-free experience for everyone (young, elderly, and businesses). Whichever you fall into, they have a specific offering for you, and they are among the most convenient, fast and user-friendly crypto trading platforms in Nigeria. QxChange offers the most competitive rates in Nigeria, whether you’re selling Bitcoin, Ethereum, BNB, or any other supported cryptocurrency.
- OKX provides solutions for people who want decentralized exchanges.
- A good strategy is starting with a beginner-friendly platform to get acquainted, then graduating to more feature-rich exchanges as your skills develop over time.
- Bybit offers a variety of payment options, including bank transfers and mobile money, making it a solid choice for selling Bitcoin.
- However, learning how to sell bitcoin, when to sell and where to sell bitcoin in Nigeria legitimately is very important if you want to make a profit trading these digital assets.
- The platform’s high-performance trading engine ensures quick and reliable transaction processing.
Moreover, Koyn’s customer support is responsive and reliable 24/7, ensuring that any issues are addressed promptly. In conclusion, Bitcoin has become very popular in Nigeria and the need for reliable and safe platforms to buy and sell them is increasing. It’s always important to do your own research and ensure the platform you choose fits your needs, even though the apps listed above are considered the best in the market. It’s also important to note that the cryptocurrency markets are highly volatile, and you should always invest wisely and only use funds you can afford to lose.
Over the years, it has been able to process over 432,000 transactions. Instantgold.ng is one of Nigeria’s oldest digital currency exchanges. It was founded in 2007 as a subsidiary of StraightHold Global Links LTD.
Coinbase is now accessible in Nigeria and 24 other African countries, expanding its comprehensive exchange services to a broader audience. For 13 years, the platform has continued to simplify the process of converting fiat currency into cryptocurrency. They are trusted and reliable and offer an excellent exchange for your bitcoins. Advanced traders will appreciate OKX’s maximum 20x leverage and variety of futures contracts. But beginners can also take advantage of their user-friendly mobile app, 25+ tutorial videos, and dedicated 24/7 customer support. In Nigeria and beyond, OKX continues to prove itself a reliable long-term investment.
- For instance, Patricia supports the buy and sell of over 30 gift cards and allows users to top their phones and make online payments seamlessly.
- He is an environmental engineer working on his MBA and has been following innovations in FinTech for several years.
- However, hat didn’t stop the adoption of crypto as crypto traders continued through other alternatives.
Account Registration Process
The exchange is known for its low fees, fast transaction processing times, and user-friendly interface. However, it’s important to research and consider your needs and preferences when choosing a cryptocurrency exchange. It’s also recommended to start with small amounts and gradually increase your investment as you become more comfortable with the platform. Quidax offers a simple and convenient way to buy Bitcoin in Nigeria.
You can do this by examining the search bar’s top-left corner for an SSL certificate. This certificate ensures that a website is secure and will not expose your data to hackers. 👉 Therefore, it is important to seek a broker who is accessible 24/7. Regardless of your time zone, they should have a competent support crew that can respond to inquiries and concerns in a timely and professional way.