A few years ago, I tried selling Bitcoin during a price surge, hoping to cash out quickly into my bank account. But what should have been a smooth transaction turned into a nightmare. Hidden fees ate into my profits, the platform took hours to process withdrawals, and customer support was nowhere to be found. This sad experience made me extra careful when it comes to choosing the apps to sell Bitcoin in Nigeria.
Many people in Nigeria are interested in buying BTC, given the exponential return on investment it has recorded since its inception. However, with the increasing demand for BTC comes the need for reliable and safe platforms or exchanges to buy and sell BTC. Hence, this article highlights the top 7 best apps to sell BTC in Nigeria, including:
- Breet App
- Luno
- Binance
- NairaEx
- Bybit
- Remittano
- Kucoin
7 Best Apps To Sell Bitcoin In Nigeria
1. Breet
Breet App is one of the most popular cryptocurrency trading apps in Nigeria and Ghana that allows you to exchange your cryptocurrency for another or fiat quickly. Supporting over 170 coins for crypto-to-crypto swaps, Breet is easy to use, fast, secure, and delivers the best crypto rates.
With the Breet App, high-volume traders and businesses can sell Bitcoin privately at the best rates, otherwise known as an over-the-counter (OTC) trading method.
The Breet App’s special features include bonus points, a crypto rate calculator, automatic settlement, incentives, paid referrals, two-factor authentication, 0% fees, seamless withdrawal, and fast and reliable customer support.
2. Luno
Luno is a popular cryptocurrency trading platform that allows users to buy, sell, and store BTC. The app, which is available on both iOS and Android, is user-friendly and easy to navigate. Luno uses a two-factor authentication process to ensure the security of users’ accounts, and multiple layers of protection secure their BTC storage.
The platform also offers a range of features, such as real-time market data, price alerts, and the ability to set up recurring buys. Luno is a reliable and secure option for buying, selling, and storing BTC. Notably, Luno charges a 1% fee for buying and selling BTC.
3. Binance
Founded by Changpeng Zhao, Binance is the largest crypto exchange by daily trading volume. It provides consumers with a simple and safe way to purchase and sell Bitcoin and several other altcoins. Binance is among the best apps to sell BTC in Nigeria, providing real-time market data, charts, and numerous trading pairs. Notably, Binance charges a 0.1% trading fee, with discounts available for users who hold Binance Coin (BNB).
4. NairaEx
NairaEx is a Nigerian-based crypto app that allows users to buy and sell Bitcoin and altcoins. The platform is easy to use and supports multiple payment methods, including bank transfers and mobile payments, making it convenient for users to make transactions.
The trading app also features a live market price tracker, allowing users to stay updated with the latest Bitcoin prices. In addition, NairaEx offers a user-friendly interface, making it accessible to both experienced and new users. Thus, NairaEx is a great option for those looking to buy and sell Bitcoin in Nigeria. Notably, NairaEx charges a 1% fee for buying and selling BTC.
5. ByBit
Users of the well-known cryptocurrency trading platform Bybit can easily purchase and sell Bitcoin. Both novice and professional traders will find the platform to be very user-friendly and simple to use. Ethereum, Litecoin, and XRP are just a few of the many cryptocurrencies that Bybit offers besides Bitcoin.
Bybit’s security protocols, which include two-factor authentication (2FA) and cold storage for customer cash, are one of its distinguishing characteristics. The platform is also known for its quick, effective, low-fee, and high-liquidity transactions. Bybit also enables Naira peer-to-peer (P2P) trading, charging a 0% fee for buying and selling BTC.
6. Remitano
Another popular cryptocurrency trading platform in Nigeria that enables individuals and businesses to buy and sell BTC and altcoins is Remitano. The platform is renowned for having an easy-to-use user interface, robust security and multi-payment options. Supported in more than 50 countries, Remittano also offers crypto P2P trading, enabling users to conduct transactions directly with another user. Notably, Remitano charges a 1% fee for buying and selling BTC.
7. LocalBitcoins
KuCoin is a global cryptocurrency exchange known for its wide range of crypto assets, trading features, and user-friendly interface. It was launched in 2017 and has since grown into one of the largest crypto exchanges by trading volume.
The exchange offers spot trading for over 700 cryptocurrencies, including Bitcoin and futures contracts for leveraged trading. It also offers margin trading, copy trading, crypto lending and staking. The platform has a native token dubbed KCS, which offers trading fee discounts and rewards for holders. Additionally , Kucoin supports buying and selling BTC with fiat currencies via bank transfers, credit cards, and third-party services. However, Kucoin is not regulated or licensed by the Nigeria Securities and Exchange Commission (SEC) as of February 2025.
Frequently Asked Questions on Top Best Apps to Sell Bitcoin in Nigeria
What should I consider when choosing a Bitcoin selling app in Nigeria?
There are many factors to consider when choosing a platform to sell Bitcoin in Nigeria. But platform security, transaction fees, withdrawal speed, ease of use, and customer support are the primary ones. Regulatory compliance is also crucial for safety.
Are Bitcoin transactions legal in Nigeria?
Yes, Bitcoin trading is legal in Nigeria. While the Central Bank of Nigeria (CBN) restricted direct banking support for crypto, peer-to-peer (P2P) trading and SEC-backed crypto exchanges provide legal ways to sell Bitcoin.
Which payment methods can I use to withdraw funds after selling Bitcoin?
Different platforms support several payment methods. Most platforms offer bank transfers, mobile money, and online wallets. So, you have to pick a method you prefer.
How long does it take to sell Bitcoin and receive my money?
This depends on the platform. Some apps process withdrawals instantly, while others may take minutes to a few hours. However, with the Breet App, you can sell your BTC and receive your money (Naira or Cedis) within five minutes.
Are there transaction fees when selling Bitcoin?
Yes, fees vary by platform and transaction type. Some crypto trading apps charge trading, withdrawal, or network fees, so always check before selling on any platform.
Conclusion
Bitcoin has become very popular in Nigeria, and the need for reliable and safe platforms to buy and sell assets is increasing. While we’ve highlighted some of the best apps to sell Bitcoin in Nigeria, such as Breet App, each app has its own features, benefits and disadvantages. Therefore, it’s important to consider your needs and preferences when choosing a platform.
