NG · Nigerian Naira
Sell your crypto and get paid in Nigeria
Nigeria receives naira by instant transfer to any NUBAN account, at a traditional or a digital bank. The rail runs continuously.
- Service open
- 2 reachable rails
- 1 local rail
- NGN
Payout methods usable in Nigeria, ranked by delay
The ranking is computed on median settlement. The currency column flags rails that do not settle in local currency: in that case your bank applies its own conversion on arrival.
| Payout method | Nature | Currency | p50 / p95 | Min – max | Rail fee |
|---|---|---|---|---|---|
| Virement bancaire NIP | Instant bank transfer | NGN | 3 min / 1 h | NGN 5,000.00 – NGN 5,000,000 | 0.50% |
| Virement international SWIFT | Bank transfer | USD(rail currency) | 2 days / 5 days | $500.00 – $1,000,000 | $25.00 |
Delays are market orders of magnitude, republished as soon as our own measurements contradict them. They are not a contractual commitment.
What is specific to Nigeria
Three things cannot be deduced from any rail: how the beneficiary is designated locally, the reporting framework, and the real operating hours.
Details and name matching
The NUBAN is ten digits and must be paired with the right bank: it is the bank plus number pair that designates the account. We resolve the holder name with the bank before sending and compare it with your identity verification.
Reporting framework
Gains from digital asset disposals are reportable to the Federal Inland Revenue Service. We give no tax advice: your account exports every operation for your accountant.
Hours and business days
Virement bancaire NIP processes orders continuously: no business days, no cut-off. A Sunday evening deposit is handled like a Tuesday morning one.
The country in numbers
All these values are computed from the catalogue published on this site.
- Local currency
- NGN — Nigerian NairaThis is what a local rail settles in. A multi-country rail settles in its own, which the table’s currency column flags.
- Fastest rail
- Virement bancaire NIPunder 5 minutes at the median, rail fee 0.50%.
- Local rails available
- 1Virement bancaire NIP. Each has its own country page, with the exact identifier format.
- Documented corridors
- 36Asset x rail combinations usable from this country, across 18 assets accepted on deposit.
- Service status
- Service openOrders accepted, subject to the identity verification applicable to the amount.
- Fastest rail cap
- NGN 5,000,000Per operation. A larger amount is split into several payouts, which multiplies any fixed fee accordingly.
Most direct corridors in Nigeria
Each corridor page gives the end-to-end time, the exact details to provide and the applicable reporting framework.
- ETH → Virement international SWIFT2 business day(s)Settles in USD, rail fee $25.00
- USDC → Virement bancaire NIP · Nigeriaunder 5 minutesSettles in NGN, rail fee 0.50%
- USDC → Virement international SWIFT2 business day(s)Settles in USD, rail fee $25.00
- LTC → Virement bancaire NIP · Nigeriaunder 5 minutesSettles in NGN, rail fee 0.50%
- LTC → Virement international SWIFT2 business day(s)Settles in USD, rail fee $25.00
- SOL → Virement bancaire NIP · Nigeriaunder 5 minutesSettles in NGN, rail fee 0.50%
- SOL → Virement international SWIFT2 business day(s)Settles in USD, rail fee $25.00
- XRP → Virement bancaire NIP · Nigeriaunder 5 minutesSettles in NGN, rail fee 0.50%
- XRP → Virement international SWIFT2 business day(s)Settles in USD, rail fee $25.00
Assets you can sell from this country
The list does not depend on the country: the payout method and settlement currency do.
- BitcoinBTC
- EthereumETH
- TetherUSDT
- USD CoinUSDC
- LitecoinLTC
- SolanaSOL
- TronTRX
- XRPXRP
- BNBBNB
- DogecoinDOGE
- CardanoADA
- AvalancheAVAX
- StellarXLM
- ToncoinTON
- Bitcoin CashBCH
- DaiDAI
- PolygonPOL
- ChainlinkLINK
The asset changes two things here: the confirmation time before the payout can leave, and the spread applied. A stablecoin removes market risk during the wait and gets a longer rate lock window; a volatile asset carries a surcharge, which is the price of guaranteeing the announced amount.
Frequently asked questions about payouts in Nigeria
How do I get paid in Nigeria after selling crypto?
2 payout methods are available for Nigeria, the fastest being Virement bancaire NIP (under 5 minutes). You pick the rail at quote time, before signing up, and the net amount shows for each one.
Which currency am I paid in for Nigeria?
In Nigerian Naira on local rails. Some rails settle in another currency: SWIFT settles in dollars, PayPal in euros. In that case your bank applies its own conversion on arrival, a cost that does not go through us and therefore does not appear in our breakdown.
What beneficiary details do I need for Nigeria?
The NUBAN is ten digits and must be paired with the right bank: it is the bank plus number pair that designates the account. We resolve the holder name with the bank before sending and compare it with your identity verification.
Do I have to declare this operation in Nigeria?
Gains from digital asset disposals are reportable to the Federal Inland Revenue Service. We give no tax advice: your account exports every operation for your accountant.
Which assets can I sell from Nigeria?
All 18 assets in our catalogue are available: the country determines the payout method and settlement currency, not the list of assets accepted on deposit.