Despite the Central Bank of Nigeria's ban on crypto transactions in 2021, Nigeria has become a major player in global cryptocurrency adoption, with over 22 million people using cryptocurrencies. Here are the top 7 crypto apps in Nigeria, focusing on features such as Naira support, simplicity, speed, security, and customer support. Breet is an over-the-counter app that converts crypto to cash instantly, with a focus on speed and simplicity, processing more than a billion transactions and having over 250,000 users.
Despite the Central Bank of Nigeria's ban on crypto transactions in 2021, Nigeria has become a major player in global cryptocurrency adoption, with over 22 million people using cryptocurrencies. This growth has led to a surge in demand for user-friendly, secure, and efficient crypto apps. Here are the top 7 crypto apps in Nigeria, focusing on features such as Naira support, simplicity, speed, security, and customer support.
1. Breet
Breet is an over-the-counter app designed for converting crypto to cash instantly. It focuses on speed and simplicity, processing more than a billion transactions and having over 250,000 users. Breet supports major cryptocurrencies like Bitcoin, Ethereum, Litecoin, and USDT. Transactions are completed in under 287 seconds with transparent rates and no hidden fees.
2. Yellow Card
Yellow Card is one of the most popular crypto apps in Nigeria, compliant with the Nigerian Securities and Exchange Commission (SEC). It supports a wide range of assets, including Bitcoin, Ethereum, USDT, USDC, BNB, ADA, SOL, and MATIC. The platform positions itself as a payments and remittance solution, with direct bank transfers, mobile money, and USD support. However, it does not offer direct Naira withdrawals and has relatively high withdrawal fees.
3. Luno
Luno is one of the oldest crypto apps in Nigeria, established in 2013. It offers a simple and straightforward interface for buying, selling, and storing cryptocurrencies on various blockchains. However, it is not the fastest for Naira cashouts, which can take hours to days. Luno is more suitable for beginners looking to buy and hold cryptocurrencies but lacks advanced trading features.
4. Quidax
Quidax is a crypto trading platform in Nigeria that received the provisional license from the SEC in 2024. It directly supports Naira-crypto transactions, enabling Naira deposits and withdrawals. Quidax supports a wide range of cryptocurrencies and has an order book model for trading, making it ideal for more advanced traders. However, its interface can be confusing for beginners, and crypto-Naira transactions can take time.
5. Roqqu
Roqqu is a popular crypto app in Nigeria with over 1.4 million users. It offers a user-friendly mobile app interface and relatively low fees. Roqqu supports popular cryptocurrencies like Bitcoin, Ethereum, BNB, and over 100 others. It natively supports fiat currencies like NGN, EUR, and USD, and has robust security features.
6. Binance P2P
Binance P2P is a peer-to-peer trading platform that allows users to buy and sell cryptocurrencies directly with each other. It supports a wide range of cryptocurrencies and offers direct Naira withdrawals. However, it lacks the simplicity and speed of dedicated OTC apps like Breet.
7. CoinSwitch
CoinSwitch is a decentralized exchange that allows users to swap cryptocurrencies directly from their wallets. It supports a wide range of cryptocurrencies and offers direct Naira withdrawals. However, it requires users to have a good understanding of cryptocurrencies and the blockchain ecosystem.
In conclusion, the crypto market in Nigeria is vibrant and growing, despite regulatory challenges. The top 7 crypto apps cater to different user preferences, from instant cash conversions to advanced trading features. As the market evolves, it is essential for users to choose an app that aligns with their specific needs and preferences.
References:
[1] https://insights.techcabal.com/how-otc-trading-and-stablecoins-could-transform-african-payments/
[2] https://cryptodaily.co.uk/2025/09/top-7-crypto-apps-in-nigeria
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