Finding a good Bitcoin exchange in Nigeria that will serve your needs can be exhausting.

If you’ve been thinking about buying or selling Bitcoin in Nigeria but not sure which app to trust, you are not alone.

With so many platforms popping up, it can feel overwhelming to know which ones are actually reliable.

The good news is that there are legit apps built to make crypto trading simple, fast, and secure for Nigerians.

Here’s something interesting: Nigeria is one of the top countries in the world for Bitcoin adoption, with millions of people using crypto every day for trading, savings, and even sending money.

That’s why finding the right exchange app matters so much.

In this article, we’ll walk you through 9 legit Bitcoin exchange apps in Nigeria that you can confidently use.

9 Legit Bitcoin Exchanges in Nigeria

  1. Breet
  2. Luno
  3. Busha
  4. Quidax
  5. Paxful
  6. Remitano
  7. Yellow Card
  8. Bybit
  9. OKX

1. Breet

list of crypto exchanges in nigeria

If your main goal is to cash out Bitcoin quickly and without stress, Breet is easily the best Bitcoin exchange in Nigeria for this. The platform is built around simplicity.

You don’t need to be a pro trader or spend hours figuring out charts. Just send your Bitcoin to Breet, and you’ll get the cash straight into your bank account.

What really makes Breet stand out is its automatic conversion system.

The moment your Bitcoin hits your Breet wallet, it’s instantly converted to naira at the current rate, so you don’t have to worry about market fluctuations or delayed transactions.

This makes it super handy for people who just want to sell or swap their Bitcoin with ease.

It’s also secure, beginner-friendly, and designed specifically with Nigerians in mind. If you’re looking for a fast, reliable way to turn Bitcoin into cash without complications, Breet is the app to beat.

Best for:

  • Selling and Swapping Bitcoin
  • Instant Bitcoin to cash settlement (under 287 seconds)
  • Beginners
  • Price Alerts

2. Luno

luno bitcoin exchange

For beginners who are just stepping into the world of Bitcoin, Luno is one of the friendliest apps you can start with in Nigeria.

The design is clean, simple, and straightforward, so you won’t feel overwhelmed when buying your first Bitcoin.

Everything from sign-up to making your first trade is smooth and beginner-focused.

Luno also has a learning hub that explains Bitcoin and crypto in simple terms, making it less intimidating for people who are new to the space.

On top of that, you can set price alerts, schedule recurring buys, and store your Bitcoin safely in the built-in wallet.

It’s widely used across Nigeria and trusted for its ease of use, which is why it’s a go-to for many first-time Bitcoin buyers.

Cons:

  • Limited number of cryptocurrencies compared to bigger exchanges
  • Trading fees can feel higher for active traders
  • Advanced features are quite basic

3. Busha

Busha

Busha is another solid Bitcoin exchange in Nigeria.

It’s known for being beginner-friendly while still offering enough features for people who want to do more than just buy and sell. The app makes it easy to purchase Bitcoin using local payment methods, and transactions are quick and smooth.

One of Busha’s standout features is its recurring buy option, which allows you to automatically invest in Bitcoin over time.

This makes it a great choice if you’re interested in dollar-cost averaging rather than trying to time the market.

The interface is clean, modern, and very easy to navigate, even if you’re new to crypto.

Busha also puts effort into customer support, which is something many Nigerian users appreciate when issues come up.

Cons:

  • Limited range of cryptocurrencies compared to global exchanges
  • Advanced traders may find the features too basic
  • Verification process can sometimes feel a bit slow

Related:

4. Quidax

quidax bitcoin exchange

Quidax has grown into one of the most popular homegrown crypto exchanges in Nigeria, and for good reason.

The app is designed for quick and easy local transactions, making it simple to buy, sell, and trade Bitcoin directly with naira. It also supports a good number of other cryptocurrencies, so you’re not limited if you want to diversify.

A big plus with Quidax is how fast deposits and withdrawals are processed.

Many users like the fact that they can move money in and out without unnecessary delays.

The app also has a straightforward interface, so you don’t need to be an expert to use it.

Another thing that stands out is Quidax’s global vision.

The platform is expanding beyond Nigeria, which is a sign of credibility and growth.

Cons:

  • Fees can be a bit higher for smaller transactions
  • Customer support can be slow during peak times
  • Advanced trading tools are limited compared to big global platforms

5. Paxful

paxful

Paxful is the biggest peer-to-peer (P2P) Bitcoin exchange in Nigeria.

Instead of buying directly from an exchange, Paxful lets you buy and sell Bitcoin directly with other people.

This gives you plenty of payment options, from bank transfers to mobile money, gift cards, and more.

The flexibility makes Paxful especially useful if you don’t have access to traditional banking or just prefer alternative payment methods.

The platform also has an escrow system, which helps protect buyers and sellers during transactions.

For many Nigerians, Paxful is a go-to app when they want options that regular exchanges don’t provide.

Cons:

  • P2P trading can expose users to potential scammers if they’re not careful
  • Transaction speed depends on the other party, so it’s not always instant
  • Fees can be higher compared to centralized exchanges

Top Pick:

6. Remitano

Remitano is another well-known peer-to-peer Bitcoin exchange in Nigeria used for flexible transactions.

The platform connects buyers and sellers directly, which means you have a variety of payment options, from bank transfers to wallets and other local methods.

It’s designed to be straightforward, so even beginners can navigate it without too much stress.

One of Remitano’s strong points is its escrow system, which holds funds safely until both parties confirm the trade.

This reduces the risk of scams and makes the process more secure compared to direct person-to-person deals.

The app also supports multiple cryptocurrencies, giving users more room to explore beyond just Bitcoin.

For Nigerians who want flexibility and extra security in their trades, Remitano is a reliable choice.

Cons:

  • Transaction fees are higher than some other platforms
  • Trade speed depends on the other party, so it’s not always instant
  • Customer support response can sometimes be slow

7. Yellow Card

Yellow card

Yellow Card has made a name for itself in Nigeria by making Bitcoin trading as simple as possible.

It is a Bitcoin exchange in Nigeria that focuses on easy deposits and withdrawals, allowing users to buy and sell Bitcoin using bank transfers and even cash in some locations.

This flexibility makes it accessible to people who might not be comfortable with more complex exchange apps.

The interface is clean and beginner-friendly, so you don’t need to be a crypto expert to get started.

Yellow Card also has a wide reach across Africa, which adds to its credibility and trustworthiness.

For many Nigerians, the biggest appeal is how easy it is to move money in and out without getting lost in technical details.

Cons:

  • Limited to basic trading features, not ideal for advanced traders
  • Fewer cryptocurrency options compared to global exchanges
  • Cash transactions may not be available in all areas

8. Bybit

bybit bitcoin exchange

Bybit is a global exchange that has become popular in Nigeria, especially among traders who want to do more than just buy and sell Bitcoin.

The app is known for its advanced trading features, including leverage trading, futures, and options.

This makes it a top choice for users who want to maximize their strategies and take advantage of price movements.

The platform also has a sleek design, quick order execution, and plenty of tools for charting and analysis.

For Nigerians who are comfortable with more advanced trading, Bybit offers opportunities you won’t find on most local apps.

Another plus is Bybit’s strong liquidity, which ensures you can trade large volumes without major price slippage.

Cons:

  • Can be overwhelming for beginners
  • Leverage trading carries higher risks and can lead to big losses
  • Not as beginner-friendly as homegrown Nigerian apps

9. OKX

OKX

OKX is a major Bitcoin exchange in Nigeria that offers a wide range of features.

The app goes beyond simple buying and selling of Bitcoin, offering spot trading, futures, staking, and even DeFi access all in one place.

It’s a good option for people who want more flexibility and tools to grow their crypto portfolio.

The platform is known for its low trading fees and high liquidity, which makes transactions smooth and cost-effective.

OKX also provides advanced charting tools for traders who like to analyze the market before making moves.

For Nigerians who want an all-in-one exchange that’s versatile and reliable, OKX is a strong contender.

Cons:

  • May feel complex for complete beginners

  • Customer support can sometimes be slow

  • Verification is strict and can take time

For You:

Compare the Best Bitcoin Exchanges in Nigeria

App Best for Type Key features Fees Ease of use Payment methods Notable cons
Breet Selling and swapping Bitcoin fast OTC off-ramp Instant auto conversion to NGN, simple flow, quick settlement Competitive cash out rates Very beginner friendly Bank transfer to NGN accounts Focused on sell and swap rather than advanced trading
Busha Easy buying with local payments CEX Recurring buys, clean UI, quick NGN deposits Moderate trading and withdrawal fees Beginner friendly Bank transfer, cards where available Smaller coin list, fewer pro tools
Luno Beginners getting started CEX Simple app, learning hub, price alerts Can feel higher for active traders Beginner friendly Bank transfer, cards where available Limited coins, basic pro features
Quidax Quick local NGN transactions CEX Fast deposits and withdrawals, decent coin list Can be higher on small trades Easy for most users Bank transfer, wallets Limited advanced tools, support can be slow at peak times
Paxful Peer to peer flexibility P2P marketplace Escrow protection, many payment options Varies by offer, can be higher Intermediate Bank transfer, mobile money, gift cards and more Seller risk if careless, speed depends on counterparty
Remitano Secure P2P with escrow P2P marketplace Escrow, multiple coins, simple interface Higher than some rivals Beginner to intermediate Bank transfer and local options Trade speed varies, support response can lag
Yellow Card Cash and bank transfer access CEX Simple app, wide African reach, cash points in some areas Simple fee model, varies by action Beginner friendly Bank transfer, cash where available Fewer coins, basic features only
Bybit Leverage and advanced trading Global CEX Futures, options, deep liquidity, pro charting Low maker and taker tiers Advanced Bank transfer via partners, cards, P2P rails Complex for newbies, leverage risk
OKX All in one features Global CEX Spot, futures, staking, DeFi access, pro tools Generally low trading fees Intermediate to advanced Bank transfer via partners, cards, P2P rails Can feel complex, strict verification

Key Features to Look for in a Bitcoin Exchange in Nigeria

best bitcoin exchanges in nigeria

Before you download any Bitcoin exchange in Nigeria, it’s smart to know what really matters.

Not all apps will serve your needs and the right one can save you money, time, and stress.

Here’s a quick checklist to keep in mind:

  • Security – Your money needs to be safe. Look for apps that offer features like two-factor authentication (2FA), secure wallets, and a solid reputation.
  • Fees – Some apps charge higher fees than others. Always check the rates for deposits, withdrawals, and trades so you don’t get surprised later.
  • Ease of Use – If the app feels confusing or cluttered, it’s probably not for you. A good exchange app should be simple to navigate, even for beginners.
  • Payment Methods – Make sure the app supports payment options that work for you, whether it’s bank transfer, card payment, or even cash.
  • Customer Support – When something goes wrong, quick help matters. Choose an app with responsive support that can actually solve issues when they come up.

Keeping these features in mind will help you pick an app that not only fits your needs but also keeps your Bitcoin journey smooth and stress-free.

Related:

How to Stay Safe While Trading Bitcoin Online

best bitcoin exchange sites in nigeria

Trading on a Bitcoin exchange in Nigeria is exciting, but it also comes with risks if you’re not careful. Scammers and hackers are always looking for ways to take advantage of unsuspecting users.

The good news is that with a few smart habits, you can protect yourself and trade with confidence. Here are some simple safety tips:

  • Enable Two-Factor Authentication (2FA): Always turn on 2FA on your exchange app. This adds an extra layer of security beyond just your password.
  • Use Trusted Apps Only: Stick to well-known and verified exchange apps. Avoid downloading from random links or unofficial sources.
  • Beware of Suspicious Links: Never click on strange links or emails claiming to be from your exchange. Phishing scams are common.
  • Keep Your Password Strong: Use a unique password that combines letters, numbers, and symbols. Don’t reuse the same password across multiple apps.
  • Double-Check Wallet Addresses: When sending Bitcoin, always confirm the recipient’s wallet address carefully. A single wrong character can send your funds to the wrong place.
  • Update Your App Regularly: Updates often fix security bugs, so make sure your exchange app is always up to date.
  • Stay Alert in P2P Trades: If you’re using peer-to-peer platforms, only deal with verified users and confirm payments in your bank before releasing Bitcoin.

FAQs on Bitcoin Exchanges in Nigeria

Which Bitcoin exchange in Nigeria is best?

If you want the fastest exchange to sell Bitcoin in Nigeria, Breet is a top choice. For beginners, Luno is user-friendly, while advanced traders may prefer global platforms like Bybit or OKX.

Which Bitcoin app works in Nigeria?

Several Bitcoin apps work smoothly in Nigeria, including Breet, Busha, Luno, Quidax, Yellow Card, Paxful, Remitano, Bybit, and OKX. These apps support naira payments and are trusted by Nigerian users.

How much is $100 in Bitcoin wallet?

The value of $100 in a Bitcoin wallet depends on the current Bitcoin exchange rate. For example, if 1 BTC equals $50,000, then $100 would be 0.002 BTC. The value changes as Bitcoin’s price moves up or down.

Can I buy Bitcoin with my Opay account?

Yes, you can buy Bitcoin with your Opay account through certain exchanges that support Opay as a payment option, usually via peer-to-peer (P2P) platforms like Paxful or Binance P2P alternatives.

Can I use PalmPay to buy Bitcoin?

Yes, PalmPay can be used on P2P exchanges that accept it as a payment method. However, it’s important to confirm the seller’s payment options before starting a trade.

Which Bitcoin app can I link with my bank?

Most Nigerian-friendly apps like Breet, Busha, Quidax, Luno, and Yellow Card allow direct linking with bank accounts for deposits and withdrawals.

Which app can I use to withdraw Bitcoin to Naira?

Breet is one of the best apps for withdrawing Bitcoin directly to naira. Other options include Busha, Quidax, Luno, and Yellow Card, which all support NGN withdrawals.

Where can I buy BTC?

You can buy BTC in Nigeria using trusted exchange apps such as Breet, Luno, Busha, Quidax, Yellow Card, Paxful, Remitano, Bybit, or OKX. Each offers different payment methods like bank transfer, card payments, or P2P.

Author

  • Olayiide Bolaji-Daniel

    Bolaji has over 5 years of experience in SEO and he's SEO Manager at Breet. When he's not obsessing over SEO deets, he's playing beach buggy racing or catching up on the latest fantasy shows.