Are you trying to get into cryptocurrency investing or trading business in Nigeria? If yes, then you need to check on these top 10 cryptocurrency exchange websites in Nigeria.
The digital currencies (cryptocurrency) industry is becoming more popular and its accepted as means of payment in some countries in the world. Although, Cryptocurrency trading in Nigeria is not supported by the Central bank of Nigeria but at the same time, the federal government or any other financial institutions didn’t oppose it.
In some foreign banks, cryptocurrency can be exchanged directly to money but it is not so in Nigeria. The only way you can enjoy the fruit of your cryptocurrency investing and trading is to exchange it with trusted cryptocurrency exchange websites in Nigeria.
These exchange websites has made it possible to trade Cryptocurrency anywhere you are in Nigeria without any headache. But to avoid scammers who pretends to be an exchanger, I will be sharing these tested and trusted websites you can exchange your bitcoin for cash in Nigeria.
Here we go;
Trusted Cryptocurrency Exchange Websites In Nigeria
- Luno:
This is a very popular brand when it comes to crypto exchange in Nigeria and the world at large. Luno’s popularity is evident because of its unique service and features.
Luno is among one of the early industry pioneers and have been around since 2013, they’ve processed more than a billion dollars in transactions and have happy customers in over 40 countries.
Luno supports the two leading cryptocurrencies – BitCoin and Ethereum
Aside buying and selling of cryptocurrencies, users of also enjoy the Wallet feature provided by Luno. They also have a mobile app which simplifies the exchange process. This and many reasons makes Luno one of the best cryptocurrency exchange websites in Nigeria.
Though new in the industry, Remitano is gaining headways due to its quality service.
Remitano provides an escrowed peer to peer Bitcoin marketplace where people buy and sell Bitcoin easily and safely with notable simple UI, friendly online customer support 24/7 and lowest fee compared with major players on the market.
The Remitano mobile app which can be downloaded from both Apple App Store and Google Play Store gives users a sleek and secure trading experience.
Paxful is a Peer to Peer Bitcoin marketplace connecting buyers with sellers. On Paxful you buy bitcoin directly from other people to add money to your Paxful Wallet. It’s a listing service like Craigslist or Backpage. Sellers list their ads to sell you Bitcoin. They let you pay for the bitcoin in different ways, some take gift cards, others let you use PayPal, debit cards, and bank transfers. They take a fee to get you your bitcoins fast and privately.
One of the unique features of Paxful it multiple payment platforms, buyers can with either Bank transfer, iTunes/Gift cards, Western Union, MoneyGram or Amazon Gift cards. Paxful believes that not everyone has a physical bank account and they’re determined to make payments possible through virtual currency.
If you’re thinking about the best in crypto exchange in Nigeria I’ll suggest you give Paxful a try.
NairaEx allows you buy and sell Bitcoin, Naira and Perfect Money anytime easily and quickly.
NairaEx features same day funding & withdrawal into any Nigerian bank.
Another key feature is its referral scheme for all you guys that love referrals, I do referrals too, it helps in making extra cash. The referral system is quite the same with other referral schemes, you earn a certain percentage when any of your referral(s) trade on NairaEx.
NairaEx promises fast service when you want to remit your money. You can expect to send your money within a matter of hours.
The price of Bitcoin is never stable but at NairaEx the exchange rates are set at the time of the transaction so you don’t have to worry about fluctuation. Why don’t you give them a try and see for yourself, seeing is believing right?
NgExchanger.com provides cheapest bitcoin price for you. Your can also buy and sell Ethereum, Ripple, EOS, Steem coin, Ethereum classic, perfect money etc from NgExchanger
NgExchanger is an indigenous E-curerency platform it has grown to earn the trust of it’s customers and always delivers, their Headquarters is located in Port Harcourt Nigeria.
Some of the unique features includes; security of transactions, ability to buy bitcoin with other cryptocurrencies, verified accounts and instant payouts in Nigeria.
For those in Port Harcourt, they offer offline service also, were you can walk into their office and buy directly from them.
Coindirect is a peer-to-peer platform that connects buyers and Seller from around the world through an escrow service to trade a wide range of Altcoins safely. Coindirect has made It super easy and convenient as users can buy, sell, store and exchange up to 35 cryptocurrencies. Some of the features on offer includes; multiple payment methods, transparency, instant transactions and escrow protection.
TruexGOLD is one of the top cryptocurrency exchange websites in Nigeria where you can instantly buy, sell or exchange perfect money, bitcoin, payeer, advanced cash, binary, ethereum, planteofbets, and fifty other digital currencies to naira or other currencies.
They’ve got good affiliate and investment programs of which you can explore and make good income.
You can also buy and sell in multiple ways.
LocalBitcoin is about the most populous bitcoin exchange in the world. They have been around since 2012 and available in many countries. In this platform Bitcoin buyers and sellers come together to make exchange.
There are various payment methods accepted on LocalBitcoin however they depend on your country and the sellers preferred payment method. The main accepted methods are: cash, wire transfer, bank transfer, webmoney, western union and PayPal.
Naira4Dollar is one of the leading and most trusted e-currency exchange company in Nigeria since 2006. They have gathered more experience and expertise more than any other exchanger in Nigeria. Naira4Dollar also deals with altcoins
This company has physical offices across seven major cities in Nigeria that you can walk into and transact with them.
This is a local brand, Port Harcourt to be precise.
They provide bitcoin exchanges services and exchange services for other e-currencies like perfect money, webmoney, solid trust, skrill, etc. they have made their mark as the second leading e-currency exchange in Port Harcourt.
As with other local crypto exchange companies, they have offline offices were you can walk into to transact or make enquires.
11. Quidax:
This is an European based crytocurrency exchange website that came to Nigeria in 2016.
Their aim is to create a well secured and simple platform where cryptocurrencies can be traded, i.e buy and sell in Nigeria.
Initially, they made it possible for users to buy and sell just 6 cryptocurrencies which are, Bitcoin, Bitcoin Cash, Bitcoin Gold, Litecoin, Ripple and Ethereum. But now, they have expanded more than expectation making them the largest cryptocurrency exchanger in Africa by the sheer number of choices available to users.
Conclusion
In the future, cryptocurrency is said to take over all other businesses and every pertaining to money are going to be digitalized in which Nigeria’s currency is not going to be left out.
But currently if you have some bitcoin or any of the cryptos for sell, check on any of these legit websites above.
So, those are the top cryptocurrency exchange websites in Nigeria as at now. Do you have any exchange website to nominate or you think shouldn’t be among this list? Kindly let us know using the comment box below and don’t forget to share with your friends.
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Stephen Gbolagade
Stephen is a Frontend engineer, technical writer, owner and part-time blogger here at Gbolamedia, incoming data scientist, an enthusiastic cynophilist, and a curious introvert. Stephen is currently available for full-time, part-time or contract-base role. Contact him here: on WhatsApp or check him on Linkedin
3 comments
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