How Nigerians can sell their crypto for instant cash

guardian.ng:

Cryptocurrency has become one of the best ways to make money online in Nigeria, and a lot of young adults have hopped on this moving train.

In this article, I’ll be sharing with you the best ways to sell your crypto for cash in Nigeria.

There are two major methods to sell crypto for fiat currency:

1. Over-the-Counter 2. Peer-to-peer

Over-the-Counter: There are several over the counter exchanges for crypto in Nigeria, but not all are credible. Below are some of the best crypto exchanges.

KWIQ: Is a reputable over-the-counter crypto exchange platform in Nigeria that is available for web and mobile users, both on Android and IOS. Known for always giving users the highest rate in the market, KWIQ allows you to easily convert crypto to cash instantly and withdraw into your bank account. All payments are automated on KWIQ immediately your transaction is completed. Different from P2P, the withdrawal process is easy and unbelievably fast.

Unlike other exchanges, you can trade the popular Bitcoin, USDT, Ethereum and up to 12 other crypto assets supported on KWIQ with zero transaction fees.

Coinbase: Currently one of the leading cryptocurrency trading and investing platforms, with well over 200 cryptocurrencies supported on this platform. Trading on Coinbase is beginner friendly and easy to use for anyone with basic computer skills. 0ne of the lows of trading on Coinbase is the relatively high transaction fees, compared to other exchanges. Also, they don’t have a feature to pay out naira to Nigerian traders.

Patricia: Patricia enables crypto traders to buy and sell cryptocurrency with ease. With over 100k registered users and a daily estimate of about 1k transactions. Patricia has proven to be one of the leading exchanges in Nigeria.