In this article, I will discuss the Best Crypto Exchange In Nigeria.
Due to the rising acceptance of cryptocurrency within the country, it becomes pivotal to choose the right platform that offers both security and an easy way to trade.
There are a few variants available in Nigeria in terms of exchange, each with their own unique aspects, fees, and experience. Let us have a look at the best options available to assist you in making your choice.
Key Point & Best Crypto Exchange In Nigeria List
| Platform | Key Point |
|---|---|
| Crypto.com | Offers a wide range of crypto services, including trading, staking, and a crypto Visa card. |
| Luno | Focuses on simplifying crypto trading with an easy-to-use platform for beginners. |
| ProBit Global | Features a large selection of altcoins and advanced trading options. |
| BingX | Known for its competitive fees and derivatives trading options. |
| Changelly | Provides a seamless exchange platform for swapping between various cryptocurrencies without the need for an account. |
| ChangeNOW | Enables instant cryptocurrency exchanges with no registration required. |
| KuCoin | Offers a comprehensive range of trading pairs, including futures and margin trading. |
| Paxful | Peer-to-peer crypto exchange allowing users to buy and sell Bitcoin using various payment methods. |
| NairaEx | Primarily focused on providing easy access to crypto trading in Nigeria. |
| Quidax | Provides a secure and user-friendly platform for buying, selling, and trading digital assets. |
Crypto.com
Crypto.com is recognized as one of the top cryptocurrency exchanges in Nigeria.
It has a diverse selection of crypto assets with a simple and easy-to-use interface, and good security features.
It also has extremely low fees as well as different payment options which would make it a good option for crypto traders in Nigeria looking for a good platform to buy and sell their digital currencies.
| Feature | Details |
|---|---|
| Support | Crypto.com provides 24/7 customer support through live chat, email, and a help center with detailed FAQs and guides. |
| Fees | Crypto.com offers competitive fees with a flat 0.10% trading fee for standard users, which can be reduced based on staking CRO or trading volume. |
| Website Link | Visit Crypto.com |
Luno
Luno is a well-known crypto exchange in Nigeria and has considerable experience in providing seamless platforms.
The services offered include over-the-counter (OTC) promos, security tokens, customer care, affordable trading fees, stiftung crypto private measures, and easy integration with Naira which makes it much easier for the average Nigerian to trade crypto.
Luno remains the top in trust among Nigerians seeking to trade crypto assets. This can be further boosted with the introduction of NFTs which will significantly increase the customer base for Nigerian crypto exchanges.
| Feature | Details |
|---|---|
| Support | Luno offers customer support through live chat, email, and a comprehensive help center with FAQs and troubleshooting guides. |
| Fees | Luno charges a 0.10% – 0.25% trading fee based on the market and user level. Withdrawals and deposits may incur additional network fees. |
| Website Link | Visit Luno |
ProBit Global
ProBit Global is almost always on the list of the top exchanges in Nigeria.
It also has low trading fees and a wide variety of cryptocurrencies alongside a secure environment for trading.
It satisfies both novices and professional traders with its sophisticated trading features and tools as well as with an easy-to-use platform.
All in all, it offers a non-stop availability of accessible services and a great number of advanced payment methods, making ProBit Global one of the leaders among the platforms for Nigerian crypto users.
| Feature | Details |
|---|---|
| Support | ProBit Global provides 24/7 customer support through live chat, email, and a detailed help center with FAQs and guides. |
| Fees | ProBit Global charges a 0.20% trading fee for both makers and takers. Additional fees may apply for deposits and withdrawals depending on the method. |
| Website Link | Visit ProBit Global |
BingX
One of the top-rated exchange is BingX which is reputed as the best exchange available in Nigeria.
The platform is easy to use as it is safe and offers reasonable fees which makes it equally good for a beginner and a seasoned trader.
It also has a broad crypto portfolio and offers sophisticated trading solutions. BingX is a trustworthy option for Nigerians interested in exchanging and investing in digital assets because it has great customer service and a variety of payment options.
| Feature | Details |
|---|---|
| Support | BingX offers 24/7 customer support via live chat, email, and a comprehensive help center with FAQs and guides. |
| Fees | BingX charges a 0.10% trading fee for both makers and takers. Fees for deposits and withdrawals vary depending on the method and cryptocurrency. |
| Website Link | Visit BingX |
Changelly
Changelly is one of the top crypto exchanges in Nigeria.
With this trading platform, Nigerian users get a wide variety of cryptocurrencies as well as a fast and reliable exchange process.
Users of Changelly do not face any waiting time as they provide instant swaps. Here, security is ensured and fees are also low, with a user-friendly interface which makes investing in digital assets easy.
| Feature | Details |
|---|---|
| Support | Changelly provides customer support through live chat and email, along with a helpful FAQ section on their website. |
| Fees | Changelly charges a fixed 0.25% fee on all exchanges. Network fees may apply for deposits and withdrawals. |
| Website Link | Visit Changelly |
ChangeNOW
Undoubtedly, ChangeNOW remains one of the best platforms when it comes to exchanging cryptocurrencies while also being a top choice for trading enthusiasts in Nigeria.
It permits users to convert over 200 different cryptocurrencies within seconds and without worrying about account creation or registration.
Add to that an intuitive interface, low fees, and competitive rates, and you get a great all round service.
Not to mention, its strong commitment to privacy and security enables it to stand out among its competitors in Nigeria.
| Feature | Details |
|---|---|
| Support | ChangeNOW offers 24/7 customer support via email, live chat, and a comprehensive help center with FAQs and troubleshooting guides. |
| Fees | ChangeNOW charges a competitive 0.5% fee on transactions, though fees can vary depending on the specific exchange pair and network conditions. |
| Website Link | Visit ChangeNOW |
KuCoin
KuCoin is one of the finest cryptocurrency exchanges operating in Nigeria.
The site has a wide selection of cryptocurrencies, fees are low, and they provide a straightforward design, all of which benefits both novice and advanced traders.
Advanced trading tools, comprehensive security, and good support are available on the platform.
Depositing and withdrawing is easy and enables KuCoin to be the center for Nigerians who wish to have safe and quick trades.
| Feature | Details |
|---|---|
| Support | KuCoin offers 24/7 customer support via live chat, email, and a comprehensive help center with guides and FAQs. |
| Fees | KuCoin charges a 0.10% fee for both makers and takers, with potential reductions based on trading volume and KCS (KuCoin Shares) holdings. Additional fees may apply for withdrawals depending on the cryptocurrency. |
| Website Link | Visit KuCoin |
Paxful
In Nigeria, Paxful is at the top of the crypto exchanges.
Paxful allows its users to buy and sell directly from each other through its peer to peer P2P platform, cutting out the middleman and helping in saving on fees.
It praises a variety of payment options such as mobile money which makes it very easy to use for Nigerians.
It has competitive trading costs, solid security features, and low service rates, earning Paxful the reputation as one of the best and most reliable crypto exchanges.
| Feature | Details |
|---|---|
| Support | Paxful provides 24/7 customer support via live chat, email, and a detailed help center with tutorials, FAQs, and troubleshooting guides. |
| Fees | Paxful charges a 1% fee on transactions for both buyers and sellers. There may be additional fees for specific payment methods. |
| Website Link | Visit Paxful |
NairaEx
NairaEx is definitely one of the top crypto exchanges in Nigeria.
They provide a straightforward, safe, and efficient way for people to trade Bitcoin and cryptocurrencies.
Their scope is mainly on Nigeria as payments in Nigeria Naira are also possible so the service runs smoothly.
Competitive rates, good service and a great reputation help NairaEx to be a much sought after crypto trader in Nigeria.
| Feature | Details |
|---|---|
| Support | NairaEx provides customer support through email, live chat, and a help center with FAQs. They also offer social media support. |
| Fees | NairaEx charges a 1% fee for buy and sell transactions, with no deposit fees for Nigerian Naira deposits. Withdrawal fees vary based on the method. |
| Website Link | Visit NairaEx |
Quidax
Quidax is one of the top-rated crypto exchanges in Nigeria with its user-friendly interface complemented with optimal security.
The platform has low fees and supports fast transactions on a variety of cryptocurrency, the best part being that it supports deposits and withdrawals in Nigerian Naira (NGN).
The upstanding customer support further reinforces the already strong security measures in place while keeping the interface easy to use, which makes it a great choice for crypto investors in Nigeria.
| Feature | Details |
|---|---|
| Support | Quidax offers 24/7 customer support through live chat, email, and a comprehensive help center with FAQs and guides. |
| Fees | Quidax charges a 0.5% fee for buy and sell transactions. Withdrawal fees depend on the payment method and the cryptocurrency. |
| Website Link | Visit Quidax |
Conclusion
To sum up, the deciding factors in selecting the best crypto exchange in Nigeria include security, available cryptocurrencies, fees and site’s usability. In this regard, notably, very robust and useful platforms are KuCoin, Paxful, and Quidax.
After weighing your trading objectives and requirements, you will be able to make the right choice of the exchange for doing cryptocurrency trading in Nigeria.
