With 2025 being a breakout year for cryptocurrencies, it’s understandable that many people are looking for how to sell Bitcoin in Nigeria.
Coin prices have been on an impressive run this year, with Bitcoin leading the pace. Its value is up by 28% year-to-date (YTD), and it has already broken through several all-time highs.
With this impressive price rise, many Bitcoin holders have been looking to cash out on their gains and take profits. And for these people, finding the best way to sell Bitcoin for Naira instantly is important.
In this article, we’ll look into a few simple and easy ways to get this done.
How to Sell Bitcoin in Nigeria: The Best Ways, Ranked
Sell Bitcoin for Naira on Exchanger101
Today, cryptocurrency exchanges offer the best bet when regarding how to sell Bitcoin for Naira. And when it comes to crypto exchanges, Exchanger101 is one of the best in the business.
Exchanger101 offers several benefits for anyone looking for how to sell Bitcoin for Naira. It is fast and very liquid, so you can sell your coins in just minutes. You also get optimal security, so your funds and data are always secure.
Plus, with so little fees, Exchanger101 is the closest thing for anyone looking for how to sell Bitcoin for Naira for free.
Peer-to-Peer (P2P) Platforms
A P2P platform allows you to sell Bitcoin directly to someone else, while they send you money.
Here’s how it works:
- Sign up on the platform
- Indicate how much Bitcoin you want to sell
- You can also add your preferred payment method – bank transfer, PayPal, CashApp, etc.
- A buyer accepts your terms, and they send you Naira
- Once you receive your payment, you release the Bitcoin
Platforms like Paxful and ByBit allow you to easily enjoy P2P trades. However, you want to make sure that both the platform and the buyer are trustworthy to avoid any hiccups.
Crypto Wallet Apps
Many mobile wallet apps now support in-app Bitcoin selling features, making them a great tool to sell Bitcoin for Naira instantly.
Here, you store Bitcoin in a wallet and watch it grow. Once you’re ready to sell, the wallet app allows you to directly convert Bitcoin into Naira and withdraw the funds to your bank.
Exchanger101 is an example of a reliable crypto wallet app. Also, apps like TrustWallet and Sentz can help you do this.
Bitcoin ATMs
While they’re very rare, Bitcoin ATMs are a reliable option for those looking to sell Bitcoin and get cash in Naira.
These ATMs work almost like traditional ones:
- You walk up to the machine and scan a QR code
- Enter your bank account details and how much Bitcoin you’re looking to sell
- A wallet address is generated, and you can send Bitcoin to it
- Once the payment is confirmed, money is sent to your bank account
How To Sell Bitcoin In Nigeria: Final Tips
- Double-check the rate before confirming any transaction
- Avoid unknown buyers outside trusted platforms
- For large amounts, stick to trusted exchanges or P2P platforms with escrow