Best Cryptocurrency Trading Platform in Nigeria

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Are you looking for trusted websites or apps where you can buy, sell or trade any cryptocurrencies of your choices? We have so many cryptocurrencies exchanging website and apps on the internet which make it difficult to know which particular trading app or website to go with.

Before choosing crypto exchanging app or trading app; Here are a few things you need to check out before investing in any cryptocurrency trading platform.

  • First, their Reputation
  • Trading fees
  • Payment method
  • How secure they are
  • Verification requirements; Majority of the trading platform requires National ID card, BVN and so on. The verification protects you from all kinds of scams.
  • Geographical Restrictions; Make sure before you select any crypto trading platform that particular trading app is allowed in Nigeria.
  • Exchange rates

The apps listed below are very reliable, secured for trading cryptocurrencies like Bitcoin and other cryptocurrencies you wished to trade. You are advised to select any cryptocurrency trading apps listed here;

Best Cryptocurrency Trading Apps

Luno

Apps to buy and sell ethereum securely in Nigeria

Luno is currently one of the best trading Crypto apps in Nigeria. When it comes to security Luno is very secured and it has also proven to be among one of the best cryptocurrency apps in Nigeria.

Luno has one of the fastest payment methods and also offer a 24/7 buying and selling of cryptocurrencies.

Pros

  • Instant buy/sell
  • Convert your crypto coins to naira with just a few clicks
  • Trading platform

Cons

  • Not all crypto coins are available on Luno
  • Exchange is not regulated

Binance

cryptocurrency trading App.

This is another crypto trading app that is making waves here in Nigeria not only in Nigeria but at the world at large. Binance supports over 100 crypto coins. Trading of cryptocurrency is very fast and easy, binance also offer some fiat to crypto pairs.

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Pros

  • Low transaction fees
  • Good Customer Care Service
  • Large variety of crypto coins

Cons

  • Not ideal for complete beginners
  • Fewer choice of cryptocurrency for trading   

Quidax

Quidax

Quidax is a Nigerian owned crypto exchanging platform that supports bitcoin, Ethereum, Ripple’s XRP, Litecoin and Tether (USDT). Quidax has one of the most transparent fee structure when you deposit using your debit card or USSD code they charge 1.4% of the money you deposited while purchase made through the instant buy/sell option has a 1% fee charge.

Pros

  • Instant buy/sell
  • Convert your crypto coins to naira with just a few clicks
  • Trading platform

Cons

  • Available crypto coins are only (Five): BTC, ETH, XRP, LTC, USDT

Mercuryo

cryptocurrency trading platform.

Mercuryo is other trusted and secured apps for trading cryptocurrencies. The Mercuryo is fully licensed by the crypto wallet service. With Mercuryo you can exchange your crypto coins with just a few clicks. This app support BTC, ETH, USDT, TRX, BAT, ALGO, OKB and many more. To deposit Mercuryo only supports visa card and master cards only for purchases of crypto coins.

Pros

  • Multiple cryptocurrencies

Cons

  • Unregulated exchange

Remitano

cryptocurrency trading platform.

Remitano App is an online peer to peer Cryptocurrency Trading platform. This app is designed to support the buying and selling of cryptocurrencies. Remitano is one largest cryptocurrency exchanges apps in Nigeria and it is available in almost 30 countries.

The Remitano App features the most trading cryptocurrencies in the world like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple’s XRP, and Tether.

Pros

  • 24/7 customer support
  • Support exchange of other major cryptocurrencies
  • Very secured
  • offers an excellent investment platform

Cons

  • There is no support for instant Buy/Sell through your bank debit card.
  • Unregulated exchange
  • Low Liquidity

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