Bitcoin to naira platforms gain traction as Nigerian users move away from manual P2P trading

Nairametrics | 21-05-2026 02:02am |

The increasing demand for efficient bitcoin to naira conversion is leading to a notable shift in the methods used by Nigerian cryptocurrency users to withdraw their digital assets. Platforms like Monica Cash are gaining popularity as they offer quicker and more reliable services compared to traditional manual peer-to-peer trading systems. Participants in the Nigerian crypto ecosystem have expressed concerns regarding issues such as delayed settlements, payment disputes, and account restrictions, which have prompted this transition towards automated platforms for smoother transactions.

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