How to Buy Bitcoin in Nigeria with Naira (Step-by-Step Guide)

Are you in Nigeria, wondering how to buy Bitcoin with your Naira? You’re in the right place! Today, I’m breaking it down step-by-step — no jargon, no confusion. Just real, legit insights to get you started.

In 2025, owning Bitcoin in Nigeria is easier than ever, even with CBN restrictions. Unlike in the early days of bitcoin adoption, when getting bitcoin was difficult. You will need a foreign account before you can get Bitcoin. Thanks to peer-to-peer (P2P) platforms like Bybit, Bitget, Binance, Kucoin, etc., and crypto wallets, you can buy Bitcoin using your local Naira quickly and securely. Here’s a simple guide to get started.

What You’ll Need Before You Buy Bitcoin in Nigeria

• A smartphone with internet access
  
• A valid ID (NIN, Passport, or Voter’s Card)
  
• A trusted crypto exchange or wallet

What You Should Look For in a Crypto Platform

When choosing a platform, always consider:

• P2P support (for easy Naira payments)
• Security
• Ease of use
• Transaction fees
• Customer support

Read Also: Unlock Passive Income: Your Beginner’s Guide to What Yield Farming Is

Top Crypto Platforms to Buy Bitcoin in Nigeria in 2025

I’m breaking down the top crypto platforms for Nigerians to buy Bitcoin, whether you are buying, trading, or investing in Bitcoin, Ethereum, or USDT. Let’s go!

1. Binance

• Biggest exchange globally
  
• P2P market supports Naira (NGN)
  
• Low fees, huge liquidity
  
• Offers savings, staking, futures, and spot trading
  Best all-rounder for Nigerians
  

2. Bybit

• Fast-growing and beginner-friendly
  
• Offers P2P and NGN support
  
• Strong on futures and copy trading
  
• Clean app UI
  Perfect for new and intermediate users
  

3. Bitget

• Focused on derivatives and copy trading
  
• Supports Nigerian P2P payments
  
• Great for people following pro traders
  Best for passive income seekers
  

4. KuCoin

• No strict KYC for small trades
  
• P2P and wide coin selection
  
• Good DeFi and altcoin projects
  Top for traders and DeFi lovers
  

5. Paxful (P2P Only)

• Purely peer-to-peer
  
• Great for buying Bitcoin directly with Naira
  
• Accepts bank transfers, gift cards, and more
  Best for quick BTC buys
  

6. Remitano

• Known in Nigeria for ease of use
  
• P2P + escrow for safety
  
• Slightly higher fees, but very user-friendly
  Ideal for beginners who want simplicity

My Recommendation: I recommend you use Bybit.

Step-by-Step: Buy Bitcoin in Nigeria

Step 1: Choose a Reliable Platform

Examples: Binance, KuCoin, Bybit, or Bitget.
Choose one that supports NGN (Naira) and has P2P trading.

Step 2: Create and Verify Your Account

Sign up with your email.
Upload your ID for verification (KYC process).

Step 3: Navigate to the P2P Trading Section

Select “Buy” > “BTC” > Choose a seller with good reviews.
Set the amount you want to buy in Naira.

Step 4: Make Payment

You’ll be asked to send money via bank transfer.
Always confirm seller details before sending.
Click “Transferred, Notify Seller.”

Step 5: Receive Your Bitcoin

Once the seller confirms receipt, the BTC is released to your wallet.
Done! You now own Bitcoin.

Tips & Warnings

Quick Tips:

• Only use verified P2P platforms.
  
• Avoid trading outside the platform — that’s how scams happen.
  
• Always double-check wallet addresses.
  
• Don’t invest money you can’t afford to lose.