Whether a novice investor or an expert in the crypto market, you need a crypto exchange to trade your digital assets. Some of these exchanges will make life easy for you, while some, well, let’s not go there. Finding the right business can be life-changing, especially if you’ve been dealing with the wrong ones. Ouch! These platforms are the ones that will enhance your crypto experience and make your journey a smooth one. What, then, are these exchanges? How do you know the right deal for you? There are quite a few things to look out for a while selecting a business. If you haven’t read this article, here is your cue to do that.
In this article, we have selected the top 5 best cryptocurrency exchanges in Nigeria. These top 5 were selected based on personal judgment and after carefully reviewing the numerous cryptocurrency exchanges in Nigeria. They also meet the requirements for choosing a business. They are the most reliable, reputable and safest exchanges many Nigerians use. Note that they come in no particular order. This means that they are not ranked in any order. Now, let’s take a look.
Best Crypto Exchanges In Nigeria
1. Prestmit
Prestmit is a user-centric platform designed for users to trade, buy and sell various digital assets, including Bitcoins, litecoin, USDT and even gift cards. It is an online trading platform with modern security tools to help you always secure your account. So if you trade with us, security is guaranteed. Prestmit also provides a rate table to enable users to check the current rates of Bitcoin, Litecoin, Dogecoin, or USDT on their wallet page.
However, due to the volatility of the crypto market, the crypto value on your wallet page is subject to change based on the current market rate, hence the reason why your crypto is converted to the corresponding rate. For instance, if the value of the Bitcoin in your wallet is not in US dollars, Prestmit’s system will automatically convert it to US dollars.
WHY PRESTMIT?
- We have over 40,000 active users and counting
- We’ve completed over 92000 trades with over 98% positive reviews
- Our rates are unmatched
- Our payment method is swift, 24/7 availability
How To Trade Crypto On Prestmit
1. Create a Prestmit account to have a wallet
2. Generate a wallet address to which every Prestmit user is entitled to a free Bitcoin address.
3. Send your crypto into your wallet.
4. You will receive payment in cash (naira) after three successful confirmations of your transaction
2. Binance
Binance was founded in 2017 and is currently one of the world’s biggest cryptocurrency exchanges. They specialise in trading Bitcoin and other altcoins such as Ethereum, Litecoin, Binance coin and so on and also with excellent rates. Binance (the app) is compatible with multiple devices and can trade conveniently. In addition, you can exchange your gift card for crypto on the platform. It should, however, be noted that Binance Coin (BNB) is the native cryptocurrency of the crypto exchange; as such, you can trade your BNB quickly on the platform.
3. Patricia
Patricia was also created in 2017. It is a platform that allows users to trade gift cards and Bitcoins in a safe, secure and interactive space. One cool thing about Patricia is that it even has a Patricia Bitcoin debit card. Yes, you can make transactions at an ATM with your Patricia Bitcoin debit card. Patricia also allows small businesses to receive Bitcoin payments and settle in their local currency. How cool!
4. Cardtonic
Cardtonic is an online trading platform in Nigeria where you can trade your Bitcoin and gift cards. It is a modern trading application available on android, iOS, and the web. Cardtonic provides safe transactions, whether you want to buy gift cards or trade Bitcoin. All trading activities are done on the platform.
5. Paxful
Paxful is a peer-to-peer bitcoin marketplace. It is a platform that allows buyers to meet with sellers to buy and sell Bitcoins using various payment options, including gift cards. It is a global cryptocurrency trading platform where you can trade with millions of users using over 300 payment methods.
Here are our top 5. What do you think? Do you think we left out any of your favourites? There are others like Coinbase, Luno, Blockchain and so on. But hey, because we didn’t put them on this list doesn’t make them less suitable.
NEED HELP?
If you are ready to trade or you need help, please click here to contact PRESTMIT on our official WhatsApp line at 07026290389
Have you downloaded our mobile app yet? Please click here to do that. Or visit our website today!
You can also use the live chat on our website at any time. We are always ready to help you with anything.
You can also send us a mail at [email protected]
Finally, please connect with us on our social media platforms so you’ll not miss out on amazing offers.
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Happy trading!