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Are you new to the crypto world or an old-time trader looking for a place to easily sell your bitcoins in Nigeria? This article is for you. Here, I will carefully explain how you can easily sell your bitcoins in Nigeria at the best rate.
When choosing the best app for selling your bitcoin in Nigeria, consider comparing them based on fees, withdrawal methods, and associated costs. Here are some platforms you can checkout right away, although we strongly recommend Koyn for easy cashout and maximum security of your funds:
Here are the Top 5 APPS to Sell Bitcoin in Nigeria 2024
Koyn: Koyn is one of the best apps in Nigeria where you can easily exchange your bitcoins for cash without any delay. Currently, it is the go-to app for anything bitcoin to naira in Nigeria. What is extraordinary about Koyn is that there are no fees and no additional charges. It is the number one choice for anyone that loves simplicity.
Binance: Everyone knows binance right? Binance is a globally recognized crypto exchange that offers P2P for Nigerians. You can also sell your bitcoins here if you know how to navigate the P2P platform.
Breet: This is an automated crypto-to-fiat mobile app that uses the OTC system, enabling you to convert your BTC to cash.
NairaEx App: NairaEx is a nice Bitcoin exchange platform, supporting various payment methods, including bank transfers and cash deposits. Its mobile app facilitates smooth transactions, allowing you to buy and sell Bitcoins with ease.
Paxful App: Paxful is a peer-to-peer Bitcoin marketplace that supports an extensive list of payment methods. With a user base of 200 million, Paxful’s app is a reliable choice for anyone looking to sell Bitcoins securely.
How to sell Bitcoin on Koyn
Selling bitcoin on Koyn is as easy as ABC. Here’s how you can get started:
1. Create a Koyn Account:
Quickly Download the Koyn app and create an account.
2. Add Your Bank Account Details:
To ensure a smooth transaction process, Quickly add your bank account details to your Koyn account. This step is essential for transferring the funds after your crypto sales.
3. Auto-Generated Wallet Addresses
Depending on the crypto you plan to sell, Koyn will automatically generate unique wallet addresses within your account. These addresses are where the digital assets you want to sell will be sent. Each cryptocurrency you plan to sell will have its specific auto-generated wallet address
4. Initiate the Transaction:
Send the cryptocurrency you wish to sell from your external wallet or exchange to the generated wallet address within Koyn. Wait for the network confirmation, which typically takes 15-30 minutes for three confirmations.
5. Automatic Conversion and Transfer:
Once the transaction is confirmed, your crypto will be automatically converted to naira at the best available rate. The equivalent Naira amount will be instantly transferred to your wallet for withdrawal.
Why you should sell your crypto on Koyn
User-Friendly Interface: Koyn is designed with simplicity in mind. Whether you’re new to cryptocurrencies or an experienced trader, you’ll find the interface intuitive and easy to navigate. This ensures a hassle-free experience for selling Bitcoin.
Top-Notch Security: Security is a paramount concern in the world of cryptocurrencies. We take security seriously and have robust measures in place to protect your money.
Prompt Transactions: Time is of the essence when it comes to cryptocurrency trading. We ensure that your Bitcoin transactions are processed swiftly, allowing you to access your funds when you need them.
Excellent Customer Support: Koyn’s dedicated customer support team is always ready to assist you with any queries or issues you may have. Our commitment to customer service sets us apart in the crypto space.
Conclusion
Koyn is the go-to app for selling Bitcoin in Nigeria. Its user-friendly interface, top-notch security, good rates, and excellent customer support make it the best choice for both beginners and experienced traders.
So, if you’re looking to sell your Bitcoins in Nigeria, koyn is your answer. It is the best app for Bitcoin trading in Nigeria.