Most secure crypto exchange and trading platforms in Nigeria

With crypto, not only do you protect your finances from the crazy inflation currently depleting the value of the Naira, but you also stand a chance to grow the money invested. So you are not only securing the value of your money, but you are also giving it a solid chance to grow.

This is something that all crypto enthusiasts know and apply to their benefit. But as we already established, loads of people are beginners and a lot more are only just hoping to get on board.

For crypto newbies, it is easy to get carried away with wrong information and all sorts of platforms making promises that they are not equipped to deliver on.

So we have decided to share some trusted crypto exchange and trading platforms in Nigeria that can help you begin your crypto journey safely and securely. Even if you are already making transactions and you want to take your dealings to the next level, you can reconsider your choices based on the information available below.

So here goes: the most trusted crypto exchange and trading platforms in Nigeria…

1. Cryptolocally

Cryptolocally is that platform that has shown a solid and consistent dedication to meeting the needs of Nigerian crypto traders and enthusiasts since its inception.

They have a brand promise of providing the most secure, non-custodial trading with 50+ payment methods in 180 countries. A simple visit to their website shows how seriously they take this promise, and how excellently they’ve been delivering on it.

Cryptolocally also offers one of the lowest fees of any P2P exchange globally between 0.25 and 0.9%. On their platform, you will also find a defi wallet option that allows users to earn some APY on their GIV, USDC, USDT, ETH, DAI, UNI tokens.

More interestingly, you can join their crypto trading academy for free, where you can learn margin and p2p crypto trading at no cost.

Most users have found that buying and selling crypto is easy, seamless and secure with the Cryptolocally platform thanks to their smart contract escrow system. They make things easy even for the newest newbie.

And what’s more, they offer over 50 secure and convenient payment methods to choose from, including crypto. What this means is that apart from Crypto, you can pay and get paid using payment systems such as Skrill, GooglePay, Chipper, GrabPay amongst a host of others.

Really, what’s there to not like about these guys?

2. Binance

This is another name that can be trusted due to how secure it is and how great its service is. Binance’s success has been said to come from its constant innovations, transaction costs and reliability. And those are facts.

The Binance platform also offers features that new Crypto enthusiasts can understand easily and for those who are already in the game long enough to understand the nitty-gritty of things, there are enough trading tools to satisfy their professional trading appetite as well.

3. Luno

These guys have been around for as long as 2013. That mere fact alone shows a level of credibility on their part. With a strong base here in Nigeria and in SouthAfrica, you can tell that Luno knows its onions, and it’s no wonder that it is considered one of the most well-known trading platforms around.

Their features are easy to use, and they have great trading tools that you can access on the go, and at all times.

4. Local coin swap

This is another peer to peer platform where you can buy bitcoin, ethereum, and many other cryptocurrencies using over 250 plus payment methods for trading. Local coin swap allows you to start trading without having to verify your ID.

5. Buycoins

And to wrap up this list, we have Buycoins. One of their best-known features is that they are built for the Nigerian market with friendly products and offerings that make them one of the go-to guys for crypto trading around these parts.

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