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Want to convert your USD Coin (USDC) (USDC) to Nigerian Naira? Here’s how to sell USDC in Nigeria using Bitget or Bybit — with near-zero fees and direct bank payment.
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 USDC in Nigeria
- Transfer USDC to your Bitget or Bybit wallet.
- Spot sell USDC/USDT in the spot market. Fee: 0.1%.
- P2P sell USDT for NGN — choose a buyer and receive payment in your bank. Fee: 0%.
- Confirm payment received, then release USDT from escrow.