NairaEx Guide: How to Buy and Sell Bitcoins in Nigeria

how to buy and sell bitcoins

This trading guide will walk you through the process of buying and selling Bitcoins at  NairaEx – the best bitcoin exchange in Nigeria.

How to Buy Bitcoins in Nigeria with ATM, Debit cards, Visa QR, authorized bank debit.

  1. Login to your NairaEx account and click on New Order
  2. Fill out the Buy form (enter bitcoin or Naira amount), Click next to select Online Payment Gateway as Payment method.
  3. Complete and Review the order details.
  4. You’ll be redirected to the payment gateway, select any of the pay with options; bank, card, Visa QR or GTB 737
  5. Once the payment has been completed, your bitcoin will be sent automatically to your bitcoin address.

How to Sell Bitcoins in Nigeria
1. Login to your NairaEx account and Go to Payment info (under your Name in the account dashboard) and add your bank accounts- You need this to receive money from us)
2. Click on New order and fill out the Sell form. (Change Trade to Sell and enter Bitcoin or Naira amount and submit. )
3. Select your bank account and click on submit, Review the order details
4. Send the described amount in bitcoin to the NairaEx bitcoin address shown on the confirmation page. We’ll send you the Naira within 2-8 hours after the Bitcoin has been confirmed on the bitcoin network.

How to complete account verification. (Only For Buying)

  1. Log in to your NairaEx account and Select “VERIFICATION” from the “Account Name” drop down under your Name.
  2. Personal Identification: Click Start CertKYC and fill out your personal data and continue.
  3. BVN and Phone verification: Enter your valid BVN number and click Verify.
  4. Image Uploader:  Upload CLEAR images of your ID card and Selfie photo
  5. Review: Check your details and confirm the verification process.


Processing time is 4-12 hours, average is less than 4 hours.
Once we confirm your transaction and paid, it will be marked as “completed”
Account verification usually takes 1 business day, you can contact us for expedited verification.
Contact us through social media or email if there are any problems with your order. – our knowledge base which contains articles about many typical problems.

Written By

BTC Nigeria Editorial