Looking for the best Bitcoin apps in Nigeria but feeling lost with so many options? I think I understand. When I first started my Bitcoin journey, I was overwhelmed too. But after years of trading and countless hours on various Bitcoin mobile applications, I’ve narrowed it down to the following top contenders:
- Binance
- Bybit
- Bitget
- KuCoin
- Luno
- Quidax
Each of these Bitcoin apps has its strengths, and I’ll we’ll compare them on:
- Features: What can you actually do on the app?
- Fees: How much of your hard-earned Naira goes to the platform?
- Payment Methods: How easy is it to get your money in and out?
Let’s get started, shall we?
6 Best Bitcoin Apps in Nigeria
Let’s now breaks down the 6 top options to help you find the perfect app to buy, sell, and trade Bitcoin securely.
1# Binance App: The Giant of Crypto Exchanges
Rating |
Launch Year |
Headquarters |
Trading Instruments |
|
---|---|---|---|---|
5/5 |
2017 |
Cayman Islands |
350+ |
As a crypto trader, I can confidently say that Binance is a powerhouse in the world of cryptocurrency exchanges. Let me explain the reasons why.
Key Features
- Massive Trading Volume: Binance consistently ranks #1 in global trading volume. This means you’ll always find buyers and sellers for your trades.
- Low Fees: With a base fee of just 0.1%, Binance keeps more money in your pocket. Plus, you can slash these fees even further by using their native BNB token.
- Wide Range of Cryptocurrencies: From Bitcoin to the latest altcoins, Binance has it all. You’ll find over 350 cryptocurrencies to trade here.
- Advanced Trading Tools: Whether you’re a beginner or a pro, Binance has you covered. Their platform offers everything from simple buy/sell options to complex trading charts and analysis tools.
- Strong Security: Your funds are safe here. Binance uses state-of-the-art security measures, including two-factor authentication and their Secure Asset Fund for Users (SAFU).
Supported Payment Methods
Binance app makes it easy for Nigerians to buy crypto. Here’s how you can fund your account:
- Bank Transfer: Link your Nigerian bank account for direct deposits.
- Debit/Credit Cards: Instantly buy crypto using your Naira-denominated cards.
- P2P Trading: Buy from other Nigerian users directly, often at competitive rates.
Pros and Cons
Pros:
- Largest crypto exchange globally
- Low fees
- Wide variety of cryptocurrencies
- Advanced trading features
- Strong mobile app
Cons:
- Can be overwhelming for absolute beginners
- Customer support can be slow during peak times
How to Buy Bitcoin on Binance
- Sign up: Create an account on Binance. You’ll need to verify your identity.
- Fund your account: Choose your preferred payment method from those listed above.
- Go to the ‘Buy Crypto’ page: Select ‘NGN’ as your currency and ‘BTC’ as the crypto.
- Enter amount: Decide how much Bitcoin you want to buy.
- Review and confirm: Double-check the details and hit ‘Buy BTC’.
Read also → Best Bitcoin Wallet In Nigeria
Binance is my go-to app for its robust features and reliability. Whether you’re just starting out or you’re a trading pro, the Binance app has something for everyone. Give it a try and see why it’s the world’s leading crypto exchange.
2# Bybit App: The Rising App for Bitcoin Trading
Rating |
Launch Year |
Headquarters |
Trading Instruments |
|
---|---|---|---|---|
4.5/5 |
2018 |
Dubai |
160+ |
As someone who’s explored numerous crypto apps, I can tell you that Bybit app is quickly becoming a favorite among Nigerian Bitcoin traders. Here’s why it’s worth your attention.
Key Features
- User-Friendly Interface: Bybit strikes a perfect balance between simplicity and functionality. Even if you’re new to crypto, you’ll find it easy to navigate.
- Competitive Fees: With maker fees as low as 0.01% and taker fees at 0.06%, Bybit keeps your trading costs down.
- High Liquidity: Bybit boasts deep order books, ensuring your trades are executed quickly and at the price you want.
- Advanced Trading Options: From spot trading to futures and options, Bybit offers a wide range of trading products.
- Strong Security: Your funds are protected with multi-signature cold wallets and two-factor authentication.
Supported Payment Methods
Bybit caters well to Nigerian users with these payment options:
- Bank Transfer: Direct deposits from Nigerian banks.
- Debit/Credit Cards: Quick purchases using your Naira cards.
- P2P Trading: Buy from other Nigerians at competitive rates.
Pros and Cons
Pros:
- User-friendly for beginners and advanced traders alike
- High liquidity for major trading pairs
- Offers derivatives trading (futures and options)
- 24/7 customer support
Cons:
- Fewer cryptocurrencies compared to Binance
How to Buy Bitcoin on Bybit
- Register: Sign up and verify your account on Bybit.
- Deposit funds: Use one of the payment methods mentioned above.
- Go to ‘Buy Crypto’: Select ‘NGN’ as your currency and ‘BTC’ as the crypto.
- Enter amount: Decide how much Bitcoin you want to purchase.
- Review and buy: Check the details and confirm your purchase.
The Bybit app is rapidly gaining popularity in Nigeria, and for good reason. Its blend of user-friendliness and advanced features makes it a solid choice for both newcomers and experienced traders. So if you’re looking for a reliable Bitcoin app with room to grow your trading skills, Bybit is definitely worth considering.
3# Bitget App: The Innovative Crypto Trading App
Rating |
Launch Year |
Headquarters |
Trading Instruments |
|
---|---|---|---|---|
4/5 |
2018 |
Singapore |
150+ |
Another superb Bitcoin app is Bitget. I say this because this particular one brings some unique features to the table. Here’s what you need this one.
Key Features
- Copy Trading: This is Bitget’s standout feature. You can automatically copy the trades of successful traders, perfect if you’re new or short on time.
- Competitive Fees: With spot trading fees starting at 0.1%, Bitget keeps costs low. Plus, maker fees can go as low as 0.03% for high-volume traders.
- Diverse Trading Options: From spot trading to futures and margin trading, Bitget offers a wide range of products.
- User-Friendly Mobile App: Their app is one of the best I’ve used, making on-the-go trading a breeze.
- High Liquidity: With a daily trading volume often exceeding $1 billion, you’ll find ample liquidity here.
Supported Payment Methods
The Bitget bitcoin app caters to Nigerian users with these options:
- Bank Transfer: Direct deposits from Nigerian banks.
- Debit/Credit Cards: Buying Bitcoin quickly using your Naira cards.
- P2P Trading: Buy from other Nigerian users at cheap rates.
Pros and Cons
Pros:
- Unique copy trading feature
- Strong mobile app
- Competitive fees
- Good for both beginners and advanced traders
Cons:
- Fewer cryptocurrencies compared to larger exchanges
- Customer support can be slow at times
How to Buy Bitcoin on Bitget
- Sign up: Create and verify your Bitget account.
- Fund your account: Use one of the payment methods mentioned above.
- Go to ‘Fiat’ > ‘Buy’: Choose ‘NGN’ as your currency and ‘BTC’ as the crypto.
- Enter amount: Decide how much Bitcoin you want to buy.
- Review and purchase: Check the details and confirm your transaction.
Bitget’s copy trading feature is a game-changer for those who want to learn from experienced traders. If you’re looking to dip your toes into more advanced trading while still having the option to follow the pros, the Bitget app is an excellent choice.
4# KuCoin App: The People’s Exchange
Rating |
Launch Year |
Headquarters |
Trading Instruments |
|
---|---|---|---|---|
4.5/5 |
2017 |
Seychelles |
700+ |
I’ve the KuCoin Bitcoin app for years, and I can confidently say it’s one of the most underrated apps out there. Here’s why you can choose this one.
Key Features
- Massive Coin Selection: With over 700 cryptocurrencies, KuCoin often lists new, promising projects before other major exchanges.
- Low Fees: Trading fees start at just 0.1%, and you can reduce them further by holding their native KCS token.
- KuCoin Earn: This feature lets you stake your crypto to earn passive income, with some impressive APY rates.
- Trading Bot: KuCoin offers automated trading strategies, helping you trade 24/7 without constant monitoring.
- Tight Security: They store the majority of assets in cold wallets and offer multiple 2FA options.
Supported Payment Methods
KuCoin provides these options for Nigerian users:
- Bank Transfer: Direct deposits from Nigerian banks.
- Debit/Credit Cards: Buy crypto instantly with your Naira cards.
- P2P Trading: Purchase from other Nigerian users directly.
Pros and Cons
Pros:
- Huge selection of cryptocurrencies
- Often lists new coins before other exchanges
- Offers many ways to earn passive income
- Advanced features like margin and futures trading
Cons:
- Interface can be overwhelming for beginners
- Not as regulated as some larger exchanges
How to Buy Bitcoin on KuCoin App
- Register: Sign up and verify your KuCoin account.
- Add funds: Use one of the payment methods listed above.
- Go to ‘Buy Crypto’: Select ‘NGN’ as your currency and ‘BTC’ as the crypto.
- Enter amount: Decide how much Bitcoin you want to purchase.
- Review and buy: Double-check the details and confirm your purchase.
KuCoin truly lives up to its nickname as “The People’s Exchange.” Its vast selection of coins, coupled with features like KuCoin Earn and Trading Bots, make it a top choice of crypto apps for those looking to explore beyond the basics. If you’re after a mobile app that offers both variety and advanced trading options, then KuCoin should be high on your list.
5# Luno App: The African Crypto Pioneer
Rating |
Launch Year |
Headquarters |
Trading Instruments |
|
---|---|---|---|---|
4/5 |
2013 |
London |
27+ |
I’ve been using Luno app since 2017, and I can tell you it’s a game-changer for African crypto investors. Here’s why I’ve been stuck on Luno.
Key Features
- Africa-Focused: Luno understands the African market like no other, making it incredibly user-friendly for Nigerian users.
- Beginner-Friendly: The interface is clean and intuitive. If you’re new to crypto, you’ll appreciate how easy it is to navigate.
- Educational Resources: Luno’s learning portal is top-notch. I’ve personally learned a ton from their articles and videos.
- Instant Buy Feature: Need Bitcoin fast? Luno’s instant buy option is a lifesaver.
- Strong Security: With features like multi-sig wallets and regular security audits, your funds are in safe hands.
Supported Payment Methods
Luno caters specifically to Nigerian users with these options:
- Bank Transfer: Seamless deposits from Nigerian banks.
- Debit/Credit Cards: Quick purchases using your Naira cards.
Pros and Cons
Pros:
- Tailored for Nigerian users
- Very beginner-friendly
- Strong mobile app
- Excellent educational resources
Cons:
- Limited number of cryptocurrencies
- Slightly higher fees compared to some global exchanges
How to Buy Bitcoin on Luno App
- Download the App: Head to your app store and download the Luno app.
- Register: Sign up and verify your account. It’s quick and painless.
- Add Funds: Use bank transfer or your Naira card to deposit funds.
- Go to ‘Buy’: Select Bitcoin as your chosen cryptocurrency.
- Enter Amount: Decide how much Bitcoin you want to buy.
- Review and Purchase: Double-check the details and confirm your buy.
Luno’s strength lies in its simplicity and focus on the African market. If you’re new to crypto or want a hassle-free experience tailored to Nigerian users, then the Luno is your go-to bitcoin app. It might not have the bells and whistles of larger exchanges like Bybit and Binance, but it nails the basics perfectly.
6# Quidax App: Nigeria’s Homegrown Crypto App
Rating |
Launch Year |
Headquarters |
Trading Instruments |
|
---|---|---|---|---|
4/5 |
2018 |
Nigeria |
20+ |
As someone who’s been in the Nigerian crypto scene for years, I can confidently say that Quidax is a breath of fresh air. Here’s why this homegrown exchange deserves your attention.
Key Features
- Nigerian-Focused: Built by Nigerians for Nigerians. The local touch is evident in every aspect of the platform.
- QDX Token: Their native token offers benefits like reduced fees and access to exclusive features.
- Instant Buy and Sell: Need to make a quick trade? Quidax has you covered with their instant exchange feature.
- OTC Desk: For large volume trades, their Over-The-Counter service is a game-changer.
- Robust API: If you’re into algo trading, you’ll love their comprehensive API offerings.
Supported Payment Methods
Quidax offers these Nigeria-friendly options:
- Bank Transfer: Direct deposits from all major Nigerian banks.
- Debit/Credit Cards: Instant purchases with your Naira cards.
- P2P Trading: Buy directly from other Nigerian users.
Pros and Cons
Pros:
- Built specifically for the Nigerian market
- User-friendly interface
- Strong customer support
- Competitive fees for Nigerian users
Cons:
- Limited cryptocurrency options compared to global exchanges
- Lower liquidity for some trading pairs
How to Buy Bitcoin on Quidax
- Download the App: Go to your app store and search for Quidax. Download and install it.
- Register: Create your account and complete the verification process. It’s usually quick.
- Fund Your Account: Use bank transfer or your Naira card to add funds.
- Go to ‘Buy/Sell’: Choose Bitcoin as your cryptocurrency.
- Enter Amount: Decide how much Bitcoin you want to purchase.
- Review and Buy: Check the details and confirm your transaction.
The Quidax app shines in its understanding of the Nigerian crypto market. The local touch is evident in everything from their customer support to their payment options. So if you value am app that truly gets the Nigerian crypto scene, Quidax Bitcoin app is hard to beat. It might not have the massive coin selection of international exchanges, but for buying and trading the major cryptocurrencies, it’s a solid, homegrown choice.
Comparing the Best Bitcoin Apps in Nigeria
Features
When choosing a Bitcoin app, the range and quality of features can significantly impact your trading experience. Here’s a detailed look at what each app offers:
App |
Cryptocurrencies |
Trading Types |
Unique Features |
---|---|---|---|
Binance |
350+ |
Spot, Futures, Options, Margin |
Binance Academy, Launchpad, Earn |
Bybit |
160+ |
Spot, Futures, Options |
USDC Settlements, Trading Bots |
Bitget |
150+ |
Spot, Futures, Margin |
Copy Trading, One-Click Copy |
KuCoin |
700+ |
Spot, Futures, Margin |
Trading Bots, KuCoin Earn |
Luno |
27+ |
Spot |
Savings Wallet, Learning Portal |
Quidax |
20+ |
Spot |
Instant Buy/Sell, QDX Token Benefits |
My Take: Binance and KuCoin lead in terms of cryptocurrency variety, while Luno and Quidax offer fewer options but focus on the most popular coins. Binance, Bybit, and KuCoin cater to advanced traders with futures and options, while Luno and Quidax keep it simple with spot trading. Each platform has unique features that might appeal to different users – from Bitget’s copy trading to Luno’s educational resources.
Fees
Fees can significantly impact your trading profits. Here’s a breakdown of the fee structures:
App |
Maker/Taker Fees |
Deposit Fees (Bank Transfer) |
Withdrawal Fees (BTC) |
---|---|---|---|
Binance |
0.1% / 0.1% |
Free |
0.0005 BTC |
Bybit |
0.1% / 0.1% |
Free |
0.0005 BTC |
Bitget |
0.1% / 0.1% |
Free |
0.0005 BTC |
KuCoin |
0.1% / 0.1% |
Free |
0.0005 BTC |
Luno |
0.1% – 0.25% |
Free |
0.0003 BTC |
Quidax |
0.2% – 0.5% |
Free |
0.0005 BTC |
My Opinion: Most exchanges offer similar maker/taker fees for regular users, with Binance, Bybit, Bitget, and KuCoin tied at 0.1%. Luno and Quidax have slightly higher fees but may offer better rates for high-volume traders. All exchanges offer free deposits via bank transfer, which is great for Nigerian users. Withdrawal fees are similar across the board, with Luno offering a slightly lower BTC withdrawal fee.
Payment Methods
For Nigerian users, the availability and reliability of local payment methods is crucial. Here’s how these apps compare:
App |
Bank Transfer |
Debit/Credit Card |
P2P Trading |
Other Methods |
---|---|---|---|---|
Binance |
Yes |
Yes (3.5% fee) |
Yes |
Wire Transfer |
Bybit |
Yes |
Yes (0.8% fee) |
Yes |
None |
Bitget |
Yes |
Yes (fee varies) |
Yes |
None |
KuCoin |
No |
Yes (fee varies) |
Yes |
None |
Luno |
Yes |
Yes (3.5% fee) |
No |
USSD |
Quidax |
Yes |
Yes (1.5% fee) |
Yes |
USSD |
My Opinion: Luno and Quidax offer the most seamless experience for Nigerian bank transfers. Binance, despite being an international exchange, has robust support for Nigerian payment methods. KuCoin lacks direct bank transfer options, which might be inconvenient for some users. Quidax stands out by offering USSD payments, which can be crucial for users without consistent internet access. P2P trading is available on most platforms except Luno, offering an alternative way to buy Bitcoin.
How to Choose the Best BTC App
Choosing the right Bitcoin app isn’t just about features or fees. It’s about finding the platform that fits your unique needs. Here’s my advice, based on years of experience in the Nigerian crypto scene:
If you’re new to Bitcoin, I’d suggest you start with Luno or Quidax. These apps are built with Nigerians in mind. They’re very easy to use, support naira directly, and have excellent educational resources. You won’t get lost in a sea of complex features you don’t really need yet.
For those of you looking to go deeper in Bitcoin, the Binance app is my recommendation for you. It’s got everything – a wide range of coins, advanced trading options, and surprisingly good support for Nigerian users. Just be prepared for a bit of a learning curve.
If you’re after specific features, consider Bitget for copy trading, KuCoin for obscure altcoins, or Bybit for its user-friendly futures trading. These platforms offer unique tools that can give you an edge, depending on your trading style.
Related! How to Buy Bitcoin In Nigeria
Six Tips for Safely Buying Bitcoin in Nigeria
Now, let’s talk safety. The crypto world can be a bit like the wild west, so here are my top six tips to keep your Bitcoin secure:
- Always enable two-factor authentication (2FA). It’s your first line of defense against hackers.
- Never share your private keys or seed phrases with anyone. Not even if they claim to be support staff.
- Start small. Don’t invest more than you can afford to lose, especially when you’re just starting out.
- Be wary of deals that seem too good to be true. If someone’s promising guaranteed returns, it’s probably a scam.
- Keep most of your coins in a personal Bitcoin wallet, not on the exchange. I only keep what I’m actively trading on the platform.
- Stay informed. The crypto world moves fast, so keep up with the latest news and updates from your chosen platform.
Take Away
The world of Bitcoin can seem overwhelming, especially with all the stories of scams and fake apps out there. But here’s the truth, by sticking to these legit Bitcoin apps we’ve covered in this guide, you’re already miles ahead of the game.
These aren’t just random picks. These are platforms I’ve personally used and vetted. They’re the real deal – secure, reliable, and tailored for Nigerian users like you and me.
So don’t let fear hold you back. Take that first step. Download one of these apps and start your Bitcoin journey today.