Looking for exchanges where you can buy Bitcoin and other cryptocurrencies in Nigeria?

Worry not your pretty head! I got you covered in this explicitly complete list.

I personally checked out these exchanges and have listed them including the type of services they provide.

By the time you have gone through this list of exchanges, you will get to know the exchanges that support Nigerian users.

You will also be better informed to decide which of them to trade with.

Ready to roll? Let’s go check out the list.

Post Summary

The discussion of today rallies around these subheadings:

1. Exchange Overview
2. Complete List Exchanges to Buy Bitcoin and Other Cryptos in Nigeria
3. Conclusion

Clicking on any of the subheading takes you straight to its details.

Happy reading!

Exchange Overview

Following the emergence of Bitcoin and other altcoins, the need for people to change the currency they own for another e.g NGN to BTC, ETH to BCH, etc arises.

This brought about the birth of ‘Exchanges’.

Exchanges are companies that allow users to interchange cryptocurrency for fiat money or other currencies.

There are mainly 3 types of Bitcoin exchanges. They are:

• Broker Over The Counter(OTC) Exchange
• Peer-to-Peer (P2P) Exchange
• Trading Platform

There are some exchanges too that allow you to swap one crypto for another and to top up your phone.

Now that you know what exchanges are used for and the types, let’s get down to the business of the day.

Scroll down.

Exchanges to Buy Bitcoin and Other Cryptos in Nigeria

Right below, I listed all the exchanges where you can buy Bitcoin and other cryptos in Nigeria.

I categorized them thus:

• Top 20 Exchanges
• Indigenous Exchanges
• Foreign Exchanges

For each exchange, you will find this information:

• The exchange type
• Its services
• Payment methods
• Supported currencies
• Means to contact the Customer Support
• Official website

For those of them that I have reviewed, you will also find the links for their reviews added.

Let’s get started right away.

Top Exchanges

1. Luno

Luno(formerly Bitx) was founded by Marcus Swanepoel, Timothy Stranex, Francois Paul, and Carel van Wyk.

The exchange launched in 2013 and is headquartered in Singapore.

2. Quidax

Quidax was founded in 2018. and has Buchi Okoro as its CEO.

It is located in Nigeria and is registered in Malta.

3. Binance

Binance, gotten from a fusion of binary + finance, was founded by Changpeng Zhao in July 2017.

It has its headquarters in Tokyo, Japan, and is registered in Malta.

4. Remitano

Remitano is an exchange founded in 2016 and is registered in Seychelles. It holds the No.1 position in terms of trade volume in Nigeria

5. Paxful

Paxful was founded in 2015 by Ray Youssef and Arthur Schaback.

It is located in Delaware, USA.

6. CoinCola

CoinCola is an exchange that was founded in 2016 by Allan Zhao.

It is headquartered in Hong Kong.

7. Instant Gold

Instant Gold Nigeria was founded in 2007 and has offices in Lagos and Oyo in Nigeria.

8

. Yellow Card

Yellow Card was launched in 2019 and is registered in the USA (FinCEN).

It was founded by Chris Maurice and is located in Lagos State, Nigeria.

9. OKX

OKX was founded in 2014 by Star Xu. It expanded to Malta in 2017, where it has its headquarters.

10. CEX.IO

CEX.IO is an exchange founded in 2013 and headquartered in London. It is registered with FinCEN(USA) and ICO(UK).

It was founded by Oleksandr Lutskevych, Dymtro Kalynovskyi, Victoria Polyakova, and Peter Ivanov.

11. Bitstamp

Bitstamp was founded in 2011 by Nejc Kodric in the UK.

12. HitBTC

HitBTC was founded in 2013 in Hong Kong.

13. Changelly

Changelly was founded in 2015 by Minergate, a crypto mining pool.

It is located in Hong Kong.

14. Bitmex

Bitmex was founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed.

It is headquartered in Eden Island, Mahe, and registered in Seychelles.

18. Bitfxt

Bitfxt was founded by Franklin Peters in November 2016.

It is based in Lagos State, Nigeria.

19. PrimeXBT

PrimeXBT was founded in 2018.

Indigenous Exchanges

21. Tradefada

Tradefada is an exchange in Lagos State, Nigeria, that was founded in 2018.

22. ExchangeIndeed

ExchangeIndeed was founded in 2009 and is located in Lagos State, Nigeria.

23. Naira Direct

Naira Direct was launched in 2013 and is located in Lagos State, Nigeria.

24. Naira2USD

Naira2USD was founded in 2015 and is located in Anambra State, Nigeria.

It is a subsidiary of Simac C&S Services.

25. NairaEx

NairaEx was founded in 2015 and is headquartered in Ogun State, Nigeria.

26. Alphabits

Alphabits was founded in 2018 by Kanayochukwu Eze.

Its headquarters is in Lagos State, Nigeria. It is a subsidiary of Alpha Bits Trading SD.

27. MyTopExchange

MyTopExchange (formerly Forextrading) was founded in 2012.

It is registered and located in Lagos State, Nigeria.

28. InstantExchangers

InstantExchangers was founded by Olubowale Obayomi in 2010.

It is located in Lagos State, Nigeria.

29. TruexGold

TruexGold was founded in 2011 and is located in Imo State, Nigeria.

30. Bitmama

Bitmama was founded in 2018 by Ruth Iselema.

It is located in Lagos State, Nigeria.

31. Nigeria Gold Exchange

This exchange was founded in 2007 and has offices in Lagos and Oyo State, Nigeria.

32. Standard Gold Nigeria

Standard Gold Nigeria was founded in 2006 and is headquartered in Edo State, Nigeria.

33. Monicko

Monicko(formerly Binary Flipper) was founded by Lotanna Amobi.

It is registered and located in Lagos State, Nigeria but have branches in other states(Ondo, Oyo, etc).

34. Belfrics

Belfrics was founded in 2014 by Praveen Kumaar.

It is located in Abuja, Nigeria and is regulated by the Labuan Financial Services Authority.

35. eTradeXchange

eTradeXchange was founded in 2007 and is located in Lagos State, Nigeria.

36. Busha

Busha was founded by Moyo Sodipo and Michael Adeyeri in 2018.

It is located in Lagos State, Nigeria.

37. First Kudi

First Kudi (formerly Kudi Exchange) was founded in 2017 and is located in Lagos State, Nigeria.

38. Naira4Dollar

Naira4Dollar is an exchange founded in 2006 and is a subsidiary of Sunej Global Ventures.

It is registered with the CAC in Nigeria and has offices in Ibadan, Lagos, and Edo.

If you have an affiliate with which to promote Naira4Dollar, I will suggest you rather not because they don’t pay affiliates which is a big dent on their reputation.

39. Redimit

Redimit was founded in 2019 by Ibrahim Olaniyi.

It is located in Lagos State, Nigeria.

40. iDeyPay

iDeyPay was launched in 2016 and is located in Lagos, Nigeria.

It was founded by Adeolu Alatishe.

41. Patricia

Patricia was founded in 2017 by Fejiro Hanu Agbojde.

It is located in Lagos, Nigeria.

42. Zcnox

Zcnox is an exchange that is located in Abuja, Nigeria.

43. Stebab Xchange

Stebab Xchange was founded in 2017 by Aluko Stephen.

It is located in Ibadan.

44. Naija Crypto

Naija Crypto was founded in March 2019 by Chiagozie Iwu and Shadrach Oluwatimilehin.

It is is located in Lagos State and is duly registered and licensed with the CAC, Nigeria.

45. TopUpGold

TopUpGold is an ecurrency exchange founded in 2013. it is owned and managed by DecaTech Services.

It is located in Calabar, Cross River State and is duly registered with CAC with Reg No: BN2460907.

Foreign Exchanges

48. Bitfinex

Bitfinex was founded in 2012 by JL van der Velde.

Its exact location is unknown as it operates a virtual office.

49. Bittrex Global

Bittrex Global is an exchange that was founded in 2013 by Bill Shihara, Richie Lai, and Rani Kanach.

It is headquartered in Seattle, USA.

50. CryptoLocally

CryptoLocally(formerly Eoslocally) was founded in October 2019 by Hugo Campanella.

This exchange is located in Hong Kong.

51. Kraken

Kraken was founded in 2011 by Jesse Powell. It is headquartered in San Francisco.

52. LakeBTC

LakeBTC(Lake Banking Technology Company).com was founded in 2013.

It is located in Shanghai, China.

53. Paybis

Paybis is an exchange founded in 2014 by Innokenty Isers.

It is headquartered in Europe.

54. Bitrefill

Bitrefill was founded in 2014 by Patric Stiller and Sergej Kotliar.

It is located and registered in Stockholm, Sweden.

55. OKCoin

OKCOIN was founded by Star Xu in 2013. It follows the regulations of the authorities in the US and the EU.

It is headquartered in San Francisco but has offices in the US, HongKong, Japan, Korea, Vietnam, Singapore, and the Philippines.

56. Huobi Global

Huobi Global was founded by Leon Li in 2013 and headquartered in China.

57. BigONE

BigOne is located in Singapore and was founded in 2018.

58. Bit2me

Bit2me was founded in 2014 by Leif Ferreira and is headquartered in Spain.

59. ShapeShift

ShapeShift was founded in August 2014 by Erik Voorhees.

It is located in Switzerland.

60. InstaShift

InstaShift was founded by Kallidil Kalidasan and Rahul Chitake in 2018.

It is registered and located in Estonia.

61. eToro

eToro was founded in 2006 by Yoni Assia,Ronen Assia, and David Ring.

It is regulated by the FCA and CySec. It has offices in Cyprus and UK.

62. EXMO

EXMO was founded in 2013 and is located in London, UK.

63. BitForex

Bitforex was founded by Garrett Jin in 2017.

It is located in Hong Kong and registered in Seychelles.

64. Karsha

Karsha is an exchange founded in 2009 by Masoud Gheysari.

65. CoinEx

CoinEx was founded in 2017 and is located in Hong Kong.

66. BC Bitcoin

BC Bitcoin was founded in October 2017 and has Jamie Green as its director.

It is registered and headquartered in the UK.

67. Kriptomat

Kriptomat was founded by Srdjan Mahmutivich in 2018.

It is registered in Estonia and located in Europe.

68. Bitit

Bitit is an exchange that was founded in 2015. It is located and registered in France.

The team behind it is Nicholas Katar(CEO), Ugo Mare(CTO), and Simon Potier(CIO).

69. Hodl Hodl

Hodl Hodl was founded in 2016 by Max Keidun and is located in the UK.

70. AZA

AZA(formerly BitPesa) was founded in 2013 by Elizabeth Rossiello.

It is located in Nairobi, Kenya and is the first blockchain company to be licensed by UK’s Financial Conduct Authority.

71. Poloniex

Poloniex was founded in 2014 by Tristan d’Agosta and headquartered in Seychelles.

72. Ice³x

Ice³x(pronounced Ice Cubed) was founded in December 2013 by Gareth Gobler.

It is owned by Internet Currency Evolution Cubed Limited and located in South Africa.

73. CoinFalcon

Coinfalcon was founded in October 2017 by Jordan Steeves.

It is located in the UK.

74. Livecoin

Livecoin was found in 2013 and is located London. It has Ivona Zlatova as its CEO.

75. Biteeu

Biteeu was founded in 2019 with its headquarters in Estonia.

It is licensed in the EU regions.

76. BitBay

BitBay was founded in 2014 by Pawel Sobkow.

It is located in Poland but registered in Estonia.

77. Bitz

Bitz was founded in 2016 and is located in British Virgin Island.

78. Paymium

Paymium was founded in 2011 in Paris, France.

79. Bithoven

Bithoven was founded in 2018 and is located in St. Vincent and the Grenadines.

80. Coindirect

Coindirect was founded in 2017 and is based in South Africa.

It is registered in the Isle of Man.

81. Birrion

Birrion was founded by Ejovwoke T. Enakierhi in 2017. It is located in London.

82. p2pb2b

p2pb2b was founded in 2018, registered in Estonia, and headquartered in the UK.

P.S
If you own or know of some exchanges not mentioned in this post, please let us know so we can always keep this post up to date.
Contact us via email – info@nigeriabitcoincommunity.com

Conclusion – Which is the Best?

Cryptocurrency exchanges (as you must have already known) are of different types and as such, perform different functions.

Your best exchange at every point in time will depend on what you want to do.

For example, if you want to trade, your best exchange will not be the same as that of the person who wants to top up airtime.

Remember to always DYOR before going ahead to use any exchange.

With that, I round up the post of today.

Isn’t it such a relief that you now know the exchanges that accept Nigerians? Ofcourse, it is!

Now, I want to hear from you:

Have you used any of these exchanges before? What was your experience using them?

Did I miss any exchange that is supposed to be on this list?

Let me know your thoughts in the comment section below.

And if you are just starting up or still trying to find your feet in the crypto- verse, I still got you covered still.

Enroll for the CT Mastery course here and join us on Telegram.

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