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How to sell Chiliz (CHZ) in Nigeria and receive NGN via bank transfer, OPay, Palmpay.
P2P crypto trading is widely practised in Nigeria and is not explicitly banned for individuals. The CBN restricts banks from processing crypto transactions — that is why P2P via OPay, PalmPay, and Kuda exists. Millions of Nigerians use it daily. As with any financial activity, use reputable platforms and stay updated on CBN guidance.
Steps to Sell Chiliz in Nigeria
- Log in to Bitget or Bybit.
- Spot sell: Spot → CHZ/USDT → market sell → instant USDT. Fee: 0.1%.
- P2P sell: P2P → Sell → USDT → NGN → pick buyer paying via bank transfer, OPay, Palmpay. Fee: 0%.
- Confirm NGN received → release USDT escrow.
Fees
| Step | Action | Fee |
|---|---|---|
| 1 | CHZ → USDT (Spot) | 0.1% |
| 2 | USDT → NGN (P2P) | 0% |
| Total | Full cash-out | ~0.1% |