This updated list of the best sites to buy and sell bitcoin in Nigeria is aimed at guiding you whenever you want to safely exchange your bitcoin and other digital assets to naira at the best price.
Update: This list has been pruned to 15 due to the unavailability of some domains or some of them who are already out of business due to reasons best known to them.
In one of our posts, we did a thorough analysis of bitcoin wallet providers in Nigeria. The list contains the most trustworthy ones.
List of Bitcoin Exchanges in Nigeria
- Prestmit
- Nairaex
- Paxful .com
- naira4dollar.com
- eTradeXchange.net
- Luno.com
- Remitano.com
- Localbitcoins
- Nigeriagoldexchange.ng
- ebitcoinics
- africashinter.com
- truexgold
- instantexchangers.net
- bitkonga.com
- 9jacash.com
Prestmit
Prestmit is a user-centric platform designed for users to trade, buy and sell digital assets like bitcoins, litecoins, dogecoins and USDT.
Prestmit is notable for its presence in Africa’s most populous nation and fast-rising nation, i.e. Nigeria and Ghana. This makes the Nigerian Naira and Ghanaian Cedis part of the payment options on the platform.
UPSIDE
- Transactions on Prestmit are fully automated. This means users can sell cryptocurrencies using the Prestmit platform within 5 minutes with no manual intervention.
- There are no withdrawal fees.
- There is no transaction limit.
- Users can buy bitcoin with gift cards using Prestmit.
DOWNSIDE
- Prestmit only allows 4 cryptocurrencies (BTC, LTC, DOGE, USDT)
- Prestmit is only available in Nigeria and Ghana
The crypto space is ever-changing to further tickle the interest of people into its adoption and acceptance, hence Prestmit is on the move to provide the best customer service experience to its users. It is deemed easy to safely make money while trading with Prestmit. You can download the app on play store and AppStore.
Nairaex Review
Nairaex is our number one choice because its bitcoin exchange rate is the cheapest at the moment in Nigeria. When you find another one cheaper than nairaex, please keep us updated.
It’s one of Nigeria’s Most Trusted, Secure and Reliable Bitcoin exchangers.
This bitcoin, ethereum exchange platform makes it simple to trade cryptocurrency. When your account is set, the next is to forward your government recognized ID Card to hello@nairaex.com and less than 24 hours your account will get approved and you can start trading in bitcoin, ethereum, litecoin.
Downside:
Nairaex minimum trade is N30,000 and you might not be funded if you pay anything below the stipulated minimum exchange into the company’s account.
“No exception, you’ll not get paid and you’ll be banned if you trade anything below the stipulated amount.”
Paxful .com
Paxful Nigeria is our number number two BTC exchange. This company operates in other parts of the world.
This is an all-in-one cryptocurrency platform.
Some of the features of paxful.com include:
You can get Bitcoin Wallet where you store your btc.
Easy to purchase bitcoin via your debit or credit card.
Buy and sell feature: On this platform, you can buy and sell bitcoin without going outside the website.
You also create offer in case you have some bitcoins to sell.
Minimum trade: Minimum trade on paxful is 20 USD
Charges: average
Security level: High. The secure Escrow feature is available on paxful, making it safe trading platform for anyone in anywhere around the world.
There is also more flexible ways to make payment, and send money from Nigeria to any part of the world with different deposit methods with an stimated receiving time: 30 minutes
naira4dollar.com
Are you thinking of buying, or converting your bitcoin to naira in Nigeria? Naira4dollar is one of our recommended e-currency platforms you can use any time.
Year of existence: naira4dollar.com has been around for more than a decade, that makes it one of the leading voices in e-currency exchange in Nigeria.
Apart from operating online for buying and selling, it also has offices some Nigerian cities…whether you know how to use the internet or not naira4dollar is suitable for you.
Security: High. To login to your account, a verification code would be sent to the phone number linked to your account during registration.
Downside: you could wait for some minutes to get login code during registration. This is completely manual, meaning you’d have to incur charges for the SMS as well.
eTradeXchange.net
This e-currency exchange is more conversant with Perfect Money in Nigeria, buying and selling of WebMoney, PayPal and Payza funding and other e-currencies in Nigeria than bitcoin.
eTradeXchange.net isn’t stable on bitcoin trading as it comes up with btc trading when price goes up. It suspended the buying and selling of bitcoin as at December 30, 2017 (19:30), that was when price was fluctuating, that’s understandable, anyway.
BTC Wallet: No. You can only buy and sell.
Luno.com
Do you want an easy and safest way to purchase bitcoin and ethereum using your debit card? Then luno Nigeria might be just your perfect choice.
Other features of luno include:
BTC Wallet: You can generate your own bitcoin wallet address on luno.com and start funding it. You can generate different wallet address for different transactions, which is mostly secured way to trade in cryptocurrency.
ETH Wallet: You can also get ethereum wallet address on luno and fund it right away via your debit card.
Security level: High, you can set up Two factor authentication to make your account more secured.
luno nigeria contact number: We can’t independently confirm the contact phone number of luno Nigeria, but we do know that buying is made easier using the platform,
luno nigeria office: It’s physical office address isn’t known for now, but it has the Nigeria’s CAC certificate to operate in Nigeria.
Buying BTC/ETH on lune is simple as transfer funds back to your account number.
Charges: High, but withdrawing and deposit is very fast.
Remitano.com
Remitano.com isn’t only available in Nigeria, but in some other countries like United States, Australia, Malaysia, Vietnam, Cambodia, and China.
Benefits of remitano.com include the following:
BTC Wallet: Yes. You can get your own BTC wallet address on remitano.
Trading: Ability to buy and sell bitcoin right on the platform
Security level: High. A login link is sent to email address any time you are trying to login to your account, and when your session expires, the login link expires in 15 minutes
You can also set up two-way authentication to secure your account from hackers.
Other benefits of localbitcoins include:
People from different countries can exchange their local currency to bitcoins.
As a user you can post advertisements, and state your exchange rate and payment methods for buying or selling bitcoins.
Through this platform you can agree to meet your prospective trading partner, alternatively trade directly with online banking.
BTC Wallet: Yes. You can get your own bitcoin wallet address on localbitcoins, and ability to generate different wallet address for different transactions.
NGE.ng
Nigeriagoldexchange is another legit bitcoin and e-currency exchange in Nigeria
NigeriaGoldExchange.ng now known as nge.ng is has been in the e-currency sector since 2009. On this platform, you can buy and sell your bitcoin.
ebitcoinics
This is another digital coins trading platform that focuses on Ghanaian and Nigerian users.
However, ebitcoinics it has a learning portal where beginners can benefit from by learning everything about digital coins and investment opportunities.
Charges: High
africashinter.com
This is another trading platform where you can buy or sell your bitcoin, but the most of the transactions are done manually.
This means that you’d have to call the support unit to place order.
truexgold
You can buy and sell your cryptocurrency on https://truexgold.com/ just like other exchange platform operating in Nigeria.
instantexchangers.net
Instant Exchangers is an e-currency service provider specializing in the buying, selling and exchanging of bitcoin and other e-currency in Nigeria.
Every new account passes through verification before any transaction. Make sure you have the following details ready before registration.…plus get access to cryptocurrency wallets.
We believe that this also owned and managed by the owners of jostpay
- Your Bank Account number and Bank Name
- A valid ID e.g Drivers License, International Passport, National ID or Voters Card
9jacash.com
You can add your preferred wallet address, but you can’t create btc wallet address
Feature to add your bank account number, buy and sell bitcoin.
