Let’s be honest: receiving Bitcoin as a Nigerian can feel stressful sometimes, especially if you’re a beginner. There are so many apps, so many traders

There are so many factors to worry about, from bank restrictions to crypto scams. However, it shouldn’t be hard at all. All you need to do is choose the right app. These apps offer speed, good rates, and seamless transactions.

That said, here are seven best apps to securely receive BTC in Nigeria in 2026. 

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Key Features to Look for Before Using an App to Receive BTC in Nigeria

When deciding on which app to use, there are some non-negotiables. Here are the key features to look for in an app that receives BTC: 

  • Direct Naira Conversion: Can the app sell your BTC and send Naira to your local bank account instantly?
  • Wallet Type: Do you want to hold the Bitcoin (investment) or auto-convert it to cash (spending)? Your answer determines which option to opt for as some apps are better suited for one than the other.
  • Security: Look for Two-Factor Authentication (2FA) and cold storage protocols.
  • Speed: Bitcoin transactions depend on the network, but the app’s internal processing speed for withdrawals is crucial.

7 Best Apps to Receive BTC in Nigeria

best apps to receive btc in nigeria

Here are seven of the best apps for receiving BTC in Nigeria: 

  1. Breet 
  2. Busha 
  3. Quidax
  4. Bitnob
  5. Binance 
  6. Remitano 
  7. Trust wallet 

1. Breet App 

Breet

Breet is simply the best app to receive BTC in Nigeria.

Why? It’s an automated OTC (Over-the-Counter) app that helps you convert BTC to naira in under 287 seconds. When you send BTC to your Breet wallet, you can automatically convert it to Naira at a competitive rate.

Then, you can send it to your bank account. The process takes about 287 seconds. Users who want to receive BTC and immediately get Naira in their bank account without trading. Similarly, you can convert your BTC to other crypto on the app’s interface as well. 

Pros: 

  • Fastest way to get cash from Bitcoin
  • No need to monitor charts 
  • No P2P stress
  • Low withdrawal fees 

2. Busha 

Busha was one of the first exchanges to receive a provisional license from the Nigerian SEC. It combines a user-friendly design with robust compliance.

Hence, it is a safe option to receive BTC in Nigeria. The Busha app is ideal for first-time users who want a safe environment. There are also investment options, such as Busha Yield, where you earn interest on your holdings. 

Pros:

  • SEC-licensed
  • Clean interface
  • Instant payouts to Nigerian banks.

Cons: 

  • Fees can be slightly higher than P2P platforms for certain transactions.

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3. Quidax 

Like Busha, Quidax is SEC-licensed and built specifically for the Nigerian market. It is often praised for its “Order Book” which allows advanced users to set their own buying/selling prices.

However, it also has an “Instant Buy/Sell” feature for beginners. Users can receive BTC and convert it to Naira. There is the QDirect feature, which offers faster processing for high volume transactions.

Pros: 

  • High liquidity (good for large amounts)
  • Trusted local support
  • Regulated status

Cons: 

  • Verification levels can be strict.

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4. Bitnob 

Bitnob acts as more than a BTC wallet. The platform also offers a virtual dollar card that you can fund with your crypto. This virtual card feature allows you to pay for subscriptions like Netflix, Spotify, or shop on Amazon directly from your crypto stash. Hence, this app is ideal for people who want to buy items online with their Bitcoin.

There is also Auto-Save. This feature lets you automatically buy small amounts of Bitcoin daily or weekly (Dollar Cost Averaging).

Pros: 

  • Virtual card integration; 
  • excellent savings tools; 
  • supports Lightning Network for cheap fees.

Cons: 

  • The focus is more on utility than day-trading.

5. Chipper Cash  

You likely already know Chipper Cash for sending money to friends. They have integrated a crypto wallet directly into their fintech app, allowing you to receive BTC in Nigeria and instantly convert it to your Chipper balance. It is easy to access and 

Pros:

  • Convenience: You don’t need a separate “crypto app.” 
  • Speed: Processing time is fast. 

Cons:

  • Rates: As a general fintech app, their crypto exchange rates are often slightly lower than specialized crypto apps like Breet. 

6. Trust Wallet 

Trust Wallet is a non-custodial mobile wallet that gives you full control over your private keys. It’s widely used in Nigeria for its simplicity and ability to handle almost any coin or token, including Bitcoin. Trust Wallet is excellent for long-term storage and DeFi, but since it lacks a direct Naira off-ramp. 

Pros

  • Supports 100+ blockchains in one app.
  • No KYC or personal info required; you remain anonymous.
  • Zero Added Fees: You only pay network gas fees.

Cons:

  • User responsibility: if you lose your recovery phrase, you lose your funds. 
  • You cannot withdraw directly to a Nigerian bank account. 
  • Has a high risk of phishing

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7. Remitano 

Before the newer apps took over, Remitano was one of the top dogs in Nigeria. It remains a widely used platform for P2P trading with a very loyal user base and a strong escrow service. You can receive BTC in Nigeria using the app and also convert to Naira using the P2P feature. 

Pros: 

  • Extremely high trust score
  • Simple escrow system

Cons: 

  • Rates vary by seller.

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Step-by-Step: How to Receive BTC in Nigeria 

Here is the step-by-step process on how to receive BTC on Breet App as a Nigerian: 

  1. Generate Wallet Address: Once you open the app, click Sell Crypto. Then, tap on Bitcoin and then click the generate wallet address option. 
  2. Copy & Share: Send the address to the payer. Crucial: Ensure they send via the standard Bitcoin Network.
  3. Wait: Blockchain confirmations typically take 10–30 minutes. 
  4. Get Paid: Breet automatically converts the Bitcoin to Naira and credits your bank account. However, you can decide to hold crypto by toggling the option to hold under the Crypto Setting. 

Tips for Safely Receiving BTC in Nigeria

Receiving BTC should be safe and quick. These tips below ensure they don’t go otherwise. 

  • Verify the Network: If a sender asks for a “BEP20” or “TRC20” address for Bitcoin, be very careful. Standard Bitcoin transfers should always use the BTC Network (SegWit or Legacy) to avoid loss of funds.
  • Beware of “Lookalike” Apps: Scammers create fake versions of popular apps like Binance or Trust Wallet. Always download from the official Google Play Store or Apple App Store. 
  • Check for SEC Licensing: For maximum safety, prioritize apps that have engaged with the Nigerian SEC’s regulatory incubation program. They offer added safety to your funds.
  • Avoid Public Wi-Fi: Never access your crypto wallet using free public Wi-Fi. If you must access with a public Wi-Fi, use VPN. Hackers often leverage public Wi-Fi to intercept your login details
  • Use 2FA: Most apps offer 2FA to ensure better security. Activate the feature to prevent unwanted access to your wallet and funds. 

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Conclusion on How to Receive BTC in Nigeria

Receiving Bitcoin as a Nigerian means considering several factors from restrictions to P2P scams. Hence, we have curated a list of top options to consider with Breet App as the number 1. With Breet, you get low fees, super-fast processing, and none of the P2P wahala. Register at Breet today to receive BTC and convert it to cash in less than five minutes! 

Frequently Asked Questions About Receiving Bitcoin As A Nigerian

Do I Really Need To Link My BVN To These Apps?

Yes, you do. I know we all have trust issues with sharing data, but in 2026, CBN regulations mandate that all legitimate crypto platforms perform KYC (Know Your Customer). If an app promises you withdrawals without a BVN or NIN, run. They are either a scam or about to be shut down.

Will My Bank Account Get Blocked For Receiving Crypto Money?

Not anymore. To clarify, you can’t receive crypto into your local bank account, which is where exchanges come in. Since the CBN lifted the ban on banks servicing crypto exchanges back in late 2023, it is legal to transfer funds. However, huge, unexplained or suspicious inflows might still trigger a routine AML (Anti-Money Laundering) freeze for questioning. Just keep your transaction receipts handy!

Direct Deposit vs. P2P: Which Is Better?

It depends on the app. Direct deposit offers better security and speed. On the flip side, P2P offers more competitive rate as you get to determine the rate you want to trade to. However, you deal with humans, which increases the risk of scams and are much slower. 

Why Is The Exchange Rate Different On Every App?

The rate isn’t fixed centrally. Each app has its own liquidity and spread. P2P platforms often follow the parallel market rate closely, while local brokerage apps might offer a slightly lower rate in exchange for the convenience of instant “one-click” withdrawals.

I Sent BTC To The Wrong Network. Can I Get It Back?

99% of the time, the answer is NO. Blockchain transactions are irreversible. This is why “copy and paste” is your best friend. Always double-check the first three and last three characters of the wallet address before you hit send. If you are unsure, send a small “test amount” first. 

 

Author

  • Olajide ayomide

    Helping the crypto community to better understand cryptocurrency and related concepts one article at a time.