5 Best Sites To Sell Bitcoin In Nigeria And Their Rates

Yellow 3d Bitcoin Logo

Have you been searching for the best site to sell your bitcoins in Nigeria? Look no further! With the increasing popularity of cryptocurrency, selling bitcoins in Nigeria has never been easier.

However, with so many options available, it can be overwhelming to determine where to sell bitcoin in Nigeria.  Bitcoin is the world’s most popular cryptocurrency, and it has enabled many people to earn large sums of money with it.

Nigerians have the same opportunity as other countries to invest in and also sell Bitcoin and other cryptocurrencies on a couple of Nigerian sites on the internet.

Selling bitcoin in Nigeria may appear difficult, but it is actually one of the simplest things to do. I am a crypto trader who has traded over a million dollars in crypto since I began.

Also Read: Most Trusted Bitcoin Exchanger In Nigeria

So I scoured the market to bring you the best platform to sell bitcoin in Nigeria, as well as the best rate to sell bitcoin in Nigeria. So sit back, relax, and let us guide you through the process of selling bitcoin in Nigeria.

The Top 5 Websites In Nigeria Where You Can Sell Bitcoin And Their Rates.

Prestmit

Prestmit is one of the cool bitcoin exchange sites for Nigerians, and they have been around for about 2.6 years.



Quoting Prestmit according to what they have on their website as their description, they claim to be “A user-centric platform designed for YOU to trade, buy and sell various digital assets including gift cards, Bitcoins, Tether, Litecoins, Dogecoins, Airtime, and Data top-up. Including Naira, Cedis, Bitcoin & USDT as payment options.”

So, if you have some bitcoin to trade for cash, you can do so on the prestmit site, but be sure to read their Trustpilot review first and also keep in mind that KYC verification is needed after creating your account.

Bitcoin Selling Rate On Prestmit

As of this writing, Prestmit is buying bitcoin for N670 per dollar, which means that if you have one dollar worth of bitcoin, you will receive N670.

Prestmit Bitcoin Dollar Rate

 

NairaEx

NairaEx Logo 400x400 Square HD

NairaEx is a Nigerian Bitcoin exchange platform headquartered in Ogun State. NairaEx has risen to prominence as one of the top destinations for Nigerians interested in trading their cryptocurrency assets.

NairaEx provides services on its platform that are as simple, quick, and simple to use as possible.

Among the services offered are the purchase and sale of cryptocurrencies and e-currencies such as Perfect Money.

The disadvantage of NairaEx is that you must create and verify an account before trading.

Also, be sure to check their Trustpilot review here.

 

Sam Fiero is always your best choice if you want to sell your bitcoin quickly without creating an account or undergoing KYC verification. You can learn more about him here, save his WhatsApp contact here, or view his portfolio profile here.

 

Bitcoin Selling Rate On NairaEx

As of this writing, NairaEx is buying bitcoin for N693 per dollar, which means that if you have one dollar worth of bitcoin, you will receive N693.

Yellow Card

Chris Maurice established the exchange in the United States in 2016, and it is now present in a number of African nations.

Nigeria, South Africa, Kenya, Cameroon, Tanzania, and Botswana are among the countries that offer Yellow Card.

With a variety of payment options and affordable fees, Yellow Card is a cryptocurrency exchange that enables users to buy and sell bitcoin in Nigeria and other cryptocurrencies.

The following fiat currencies are supported by Yellowcard: USD, GHS, NGN, ZAR, BWP, XAF, KES, TZS, UGS, and ZMW.

Yellow card accepts cash, bank transfers, debit/credit cards, and mobile transfers as payment methods.

Check out their Trustpilot review here


Bitcoin Selling Rate On Yellowcard

As of this writing, yellow care is purchasing bitcoin at a rate of N695/$ but check their trust score and decide if you’d like to trade with them.

Local Bitcoins

LocalBitcoins was a pioneer in peer-to-peer cryptocurrency trading, providing a simple platform for people to post ads offering to buy or sell Bitcoin.

The advantage is that the higher rates come up first, allowing you to easily find the best offer.

However, if you are unfamiliar with the use of p2p platforms, it may not be the best choice for you as there is a risk of being scammed if you are not experienced in p2p trading. You can view their trust ranking here.

Bitcoin Selling Rate On Local Bitcoin

As previously stated, local bitcoin is a peer-to-peer platform where people post ads to buy and sell their bitcoin, so the rate varies, but the higher ones always come first.

Sam Fiero is always your best choice if you want to sell your bitcoin quickly without creating an account or undergoing KYC verification. You can learn more about him here, save his WhatsApp contact here, or view his portfolio profile here.

Binance (Recommended)




The final trading platform on our list is Binance, which is the largest trading platform in terms of user numbers and trading volume.

I personally use and prefer Binance to other trading platforms, but you can’t just download their app or log into their website and convert your bitcoin to cash right away;

you need to register for an account and also verify it, which may take some time but is well worth it.

Furthermore, Binance is a complex platform with numerous features that may be overwhelming to newbies.

One of these features is the peer-to-peer platform, where you sell your bitcoin to the vendor willing to offer the highest rate.

The benefit of using Binance is that there is little to no risk of being scammed because your crypto asset is secured by escrow.

Transparent Binance Logo PNG HD 3D

Bitcoin Selling Rate On Binance

Like any other cryptocurrency exchange rate, Binance rates fluctuate, but they are almost always in sync with the current rate and are generally better for sellers. So here’s a link to register

 

From Fieracad

To trade your cryptocurrency assets on websites, you first need to register and create an account, and you usually will need to provide identification with either a national ID, international passport, or driver’s license to prove your identity.

However,  Sam Fiero is your best bitcoin trading buddy if you just want to trade once without any stress. You can read our review of Sam Fiero here or get in touch with him right away on WhatsApp.

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