Top 10 Best Apps to Sell Bitcoins in Nigeria

As cryptocurrencies go more mainstream in our country, many people want to know how to exchange their virtual cash into Naira instantly.

Nigeria is now among the top countries for Bitcoin trading across the whole of Africa, with more than 13 million citizens holding some type of crypto, Chainalysis reports. That is why quality apps to sell Bitcoin are very important these days.

What is Bitcoin?

Before we talk about apps, let me give you a brief background on Bitcoin for the beginners. Bitcoin is online money that doesn't require banks. It was created in 2009 by mysterious person or group called Satoshi Nakamoto. Unlike government-controlled naira, Bitcoin is decentralized - meaning no single person or government can control it! Bitcoin transactions take place directly between users on network called blockchain, which is like giant digital book that everyone can see but no one can change easily.

Why You Need To Consider Bitcoin In 2025?

Why ought to you think of Bitcoin in coming year? Despite CBN ban in the past, cryptocurrency adoption still increases in Nigeria. 

Several people use Bitcoin to:

● Lock against naira inflation (which we all know is gigantic problem!)

● Send funds abroad without prohibitive bank fees

● Facilitate business transactions when traditional banking is not convenient

● Invest in future profits

With Nigeria's economy under crisis, Bitcoin offers alternative channels for value storage. Even with price volatility, long-term trend shows Bitcoin getting stronger year by year. This is why having a good app to sell Bitcoin when needed is very crucial!

10 Best Apps To Sell Bitcoins In Nigeria Right Now

1. CoinCola Lite App

CoinCola is my go-to and most recommended site! This P2P platform is super simple to sell Bitcoin for Nigerians. The app has straightforward design that even newbies can adhere to. CoinCola shines with secure escrow service that protects both sellers and buyers. When selling Bitcoin, coins stay in secure escrow until confirmation of payment - no scams!

● Download CoinCola Android App

● Download CoinCola Lite IPhone App

● Download CoinCola Pro IPhone App

Charges on CoinCola are also very low compared to other sites, free for regular users, only 0.7% for P2P vendors. The app also has a wide range of payment options that are popular in Nigeria like bank transfer, cash deposit, gift cards and others. Their support team is very quick to react in case you have any issues. You can learn more about safe trading on their security guide page.

2. Remitano App

Remitano is another trusty P2P platform for Nigerians. The app has been around long and built a good reputation. They use escrow system for security as well, but there is a higher charge than CoinCola. The interface is okay but sometimes confusing for beginners.

3. Prestmit App

Prestmit started off as gift card exchange platform but now supports selling Bitcoins too. The app is developed by Nigerians and has a good sense of the local market. Nonetheless, rates sometimes are not so competitive compared to other platforms.

4. NairaEx App

NairaEx is an old Nigerian crypto exchange. The app works fine but has fewer customers than big websites, so sometimes it takes longer to sell. Their account verification process is quite strict.

5. Binance App

Binance is world's biggest exchange and their P2P is very popular with Nigerians. The app has a lot going on, but it can overwhelm newbies. Security is top-notch, although you need complete KYC verification, which can be slow.

6. Cryptolocally App

Cryptolocally has decent UI and reasonable fees. The website is gaining popularity in Nigeria but still has fewer users than top options such as CoinCola.

7. Paxful App

Paxful was very popular in the past but new policy changes made it less appealing to most Nigerians. The app still works but fees have increased.

8. Luno App

Luno offers convenient ways to sell Bitcoin to your bank account directly. Rates are usually lower than on P2P websites and withdrawal limits could be restrictive.

9. Breet App

Breet is a recent app created exclusively for Africans. The app is fast but still building up trust in community. Their support team can improve.

10. BitPesa App

BitPesa (currently AZA Finance) focuses on business deals but also has individual Bitcoin selling. The app is more convenient for big deals instead of regular trading.

About Selling Bitcoin in Nigeria

While selling Bitcoin in Nigeria, always remember following few crucial things:

1. Always use platforms with escrow protection like CoinCola to avoid scams

2. Be aware of current regulations - CBN position on crypto changes sometimes

3. Compare rates between different apps before selling

4. Keep good records of all transactions for personal reference

5. Start with small amounts when trying new platform

P2P platforms are still the most popular way to sell Bitcoin in Nigeria because they connect you directly with buyers and give you security in the form of escrow. This combination of protection and flexibility is the reason why platforms like CoinCola keep expanding despite regulatory issues.