In this article, I want to show you the best crypto apps in Nigeria to use and help you choose the one that’ll be suitable for you.
Crypto is a really cool asset to have because it can increase in value over time and can turn out to be a really great investment.
On Feb 1, 2021, the central bank of Nigeria instructed all banks to close down any account of its users that were involved in any crypto transaction.
But, that did not stop Nigerians from buying and selling crypto. In fact, Nigerians quickly adopted to p2p trading which is now one of the best ways to buy crypto in Nigeria.
What are crypto apps?
Crypto apps are applications created by crypto companies that can help you buy and sell crypto and sometimes even store crypto.
I’m going to go over my favorite crypto apps and the best ones for you. So let’s get into the best crypto apps in Nigeria that you can use this year.
What are the best crypto apps in Nigeria?
1. Binance
Binance started in 2017 and is now a fully decentralized company because of the anti-cryptocurrency regulation in China.
It offers a peer-to-peer feature for its users to help them buy and sell crypto and due to this p2p program, its users can buy cheap Bitcoin and other cryptos according to their budget.
It is one of the best crypto apps to use in 2023. I’ve been using it for a while now. I highly recommend Binance for buying and selling crypto in Nigeria.
2. Coinbase
Coinbase is a U.S based crypto platform that was launched in 2012.
They also have over 43 million customers worldwide. Coinbase offers an easy and user-friendly way to buy and trade multiple currencies. They are also very popular in Nigeria.
Coinbase wallet is accessible in more than 100 countries including Nigeria but we can’t trade on the exchange it’s because it’s not supported in Nigeria.
3. Luno
Luno is one of the most popular exchanges in Nigeria. It was founded in 2013 as bitx and is known as the first crypto exchange to launch in Africa
Their most popular markets are in South Africa and Nigeria and currently, they are known as one of the most popular crypto wallets in Nigeria. On the Luno app, you can buy, store and send crypto to others on the go.
4. Remitano
Remitano is one of the best platforms to buy and sell crypto. They offer an escrowed p2p platform that it’s users can use to trade crypto together.
Their platform is user-friendly and very interactive and you can also sell any crypto asset on remitano including Bitcoin and other popular coins.
They also support are available in many different countries including Nigeria.
5. Yellowcard
This is a crypto exchange that allows its users to buy, sell, send, and receive crypto with their Bitcoin wallet.
Yellowcard is available in 16 countries including Nigeria. Therefore, with yellowcard you can buy and spend bitcoin with ease.
6. Kucoin
Kucoin was launched in September 2017 in Singapore. It’s a hong-kong based centralized exchange that has over 27 million users around the globe.
Kucoin has a p2p option that would make trading on the platform easier for Nigerians.
According to them, if you make a purchase of at least $15 and above in kucoin p2p, they’ll give you 2 usdt for free.
They said it was to make the NGN market friendlier to the Nigerian market.
7. Bybit
Bybit was founded in 2018, headquartered in Dubai, United arab emirates. It was founded by ben zhou.
In such a short period, bybit has been able to build a community of over 10 million users. On bybit you can buy and trade popular crypto on the spot. They give their users the ability to explore, buy and trade unique NFTs from creators worldwide.
Conclusion
There you have it, the best crypto apps in Nigeria. If you want to buy, sell or store crypto. Check out the apps listed on this page.
If you have been using any other app to buy or sell crypto and I didn’t add it to this list, please let me know in the comment section below.