Despite the growing popularity of bitcoin and other cryptocurrencies among the younger generation in Nigeria, cash remains the preferred means of transaction for most people on a daily basis. As a result, there is a frequent need to convert digital assets to cash. Also, businesses that accept bitcoin as a means of payment often need to convert those funds to fiat currency to meet their financial obligations.
While the adoption of cryptocurrency in Nigeria and other African countries has been steadily increasing, the need to convert crypto to cash remains an important consideration for both individuals and businesses in the region.
Numerous platforms have emerged in Nigeria to facilitate the exchange of cryptocurrency for cash. In this article, we’ll focus on the most reliable options for converting bitcoin to Naira.
Dart Africa
When it comes to exchanging cryptocurrency for cash in Nigeria, Dart Africa is a top choice among many in the crypto community. The platform’s reputation for offering some of the most competitive rates in the market has earned it a spot as the go-to option for those looking to sell their bitcoin for Naira.
Also, Dart Africa’s user-friendly interface and excellent customer support make it a trusted option for both new and experienced cryptocurrency traders. It is easy to see why Dart Africa is often regarded as the best option for those looking to sell their Bitcoin for Naira.
Here is a step-by-step guide on how to sell bitcoin for instant cash:
- Go to dartafrica.io
- Click ‘Sell Now’.
- Sign up and log in to your dashboard.
- Select ‘Bitcoin’ as the cryptocurrency to sell.
- Enter the amount you want to trade and a wallet address will be generated for you to transfer your assets
- Once the transaction is confirmed, your Dart Africa wallet will be credited with the equivalent amount in Naira instantly.
- Withdraw the funds to your bank account at your convenience.
Astro Africa
Astro Africa is a highly respected platform for selling bitcoin in Nigeria, and it offers an additional service that sets it apart from other platforms in the market. The platform allows users to trade gift cards seamlessly and convert them to bitcoin, providing a convenient option for those who want to convert their gift cards to cryptocurrency.
Additionally, Astro Africa provides a simple way for users to sell their bitcoin for Naira. Astro Africa’s range of services and commitment to providing a fast service makes it a top choice for those looking to sell bitcoin or trade gift cards in Nigeria.
Some of the things you can do on Astro Africa are:
- Sell Bitcoin for Naira/Ghanaian Cedis
- Sell Ethereum for Naira/Ghanaian Cedis
- Sell USDT for Naira/Ghanaian Cedis
- Sell Litecoin for Naira/Ghanaian Cedis
- Sell BNB for Naira/Ghanaian Cedis
- Sell USDC for Naira/Ghanaian Cedis
- Sell Dogecoin for Naira/Ghanaian Cedis
- Sell BUSD for Naira/Ghanaian Cedis
- Sell gift card for Bitcoin
- Convert iTunes gift card to Bitcoin
- Exchange eBay gift card for Bitcoin
- Sell Steam gift card for Bitcoin
- Exchange Amazon gift card to Bitcoin
- Trade Sephora gift card for Bitcoin
- Sell Nordstrom gift card for Bitcoin
- Sell Google Play gift card for Bitcoin
- Convert gift cards to Naira
- Sell gift cards for Ghanaian Cedis
Luno
Luno is a popular cryptocurrency exchange platform that operates in Nigeria, allowing users to exchange their bitcoin for Naira. The platform has a user-friendly interface that makes it easy for new traders to use. Also, Luno offers a mobile app that enables users to trade on the go, making it a convenient option for those who want to stay up-to-date with their cryptocurrency trading.
Prestmit
Prestmit is a platform that provides Nigerians with a secure way to sell their cryptocurrencies online. The platform allows users to sell a range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and USDT, for Naira. Prestmit also offers competitive rates, making it an attractive option for those looking to maximize their profits.
Naira Ex
NairaEx is a popular cryptocurrency exchange in Nigeria that offers a simple way for users to buy and sell Bitcoin with ease. One of the standout features of NairaEx is its support for a variety of payment options including bank transfers, cash deposits, and e-wallets like Perfect Money. This makes it easy for users to convert their Bitcoin to Naira and vice versa.
Breet App
Breet App is a relatively new addition to the cryptocurrency exchange scene in Nigeria. Despite being new, it has gained a lot of attention from the crypto community due to its easy-to-use features. Breet App lets users easily sell their bitcoin for Naira, making it a valuable addition to the growing list of platforms that offer such services in Nigeria. It is an excellent choice for anyone looking to sell their bitcoin in Nigeria, especially for those who prefer a simple user experience.
In conclusion, selling bitcoin in Nigeria for instant cash is becoming easier with the rise of numerous platforms and applications. From established platforms like Astro Africa and Dart Africa to new players like Breet App, users can choose from a variety of options based on their preferences. With the increasing adoption of cryptocurrencies in Nigeria, it’s likely that more platforms will emerge, providing even more opportunities for people to sell their bitcoin for instant cash.
