
WHAT IS IN NIGERIA A LIST OF THE 20 TOP PEER-TO-PEER FOR CRYPTOCURRENCIES
In Nigeria, a list of P2P crypto exchange platforms is a curated collection of peer-to-peer marketplaces where Nigerians can buy and sell cryptocurrencies directly with one another.
In Nigeria, the list of the top ranking peer-to-peer place for exchanges of cryptocurrencies his list is highly valuable for traders, investors, and newcomers to crypto who want to compare available options, identify trusted platforms, and choose services that fit their needs.
The role of a comprehensive list of Nigerian P2P exchanges goes beyond simple comparison—it helps users evaluate critical factors such as transaction fees, supported cryptocurrencies, payment methods, security measures, and trading volumes.
How does a P2P platform for crypto exchange works in Nigeria ?
In Nigeria, a P2P crypto exchange platform works by directly connecting buyers and sellers of cryptocurrencies without relying on banks or a centralized exchange to process payments
Instead of depositing money into the platform itself, users post offers to buy or sell digital assets such as Bitcoin, USDT, or Ethereum, and the platform acts as a neutral marketplace where traders can negotiate terms.
What Cryptocurrencies are traded in Nigeria via P2P platforms ?
Here’s a list of the main cryptocurrencies traded in Nigeria via P2P platforms:
- Bitcoin (BTC) – The most popular cryptocurrency in Nigeria, widely used for trading, savings, and remittances.
- Tether (USDT) – A stablecoin pegged to the US dollar, highly liquid and preferred for protecting against naira volatility.
- Ethereum (ETH) – Popular for trading and as the foundation of decentralized finance (DeFi) and smart contracts.
- USD Coin (USDC) – Another leading stablecoin used for payments and international transfers.
- Binance Coin (BNB) – Traded widely on Binance P2P, used for lower fees and ecosystem projects.
- Binance USD (BUSD) – Stablecoin backed by Binance, frequently used in Nigerian P2P markets.
- Ripple (XRP) – Favored for fast and low-cost cross-border transactions.
- Litecoin (LTC) – Known for its speed and low transaction fees, still traded on Nigerian P2P platforms.
- Tron (TRX) – Popular for USDT transfers, especially in remittances and DeFi.
- Solana (SOL) – Increasingly traded due to its role in Web3, NFTs, and DeFi ecosystems.
- Cardano (ADA) – Traded by Nigerians seeking long-term blockchain projects.
- Polygon (MATIC) – Gaining traction for its role in scaling Ethereum and supporting Web3 apps.
- Avalanche (AVAX) – Traded for its DeFi and smart contract use cases.
LIST OF THE 20 TOP P2P CRYPTO EXCHANGE PLATFORMS
Here’s an updated and expanded list combining well-established global P2P options, regionally relevant platforms, and emerging services that Nigerians use frequently.
Top 20 P2P Crypto Exchanges for Nigerians (in no strict order)
- Binance P2P – Major global platform with NGN support, escrow, and high liquidity.
- Paxful – Long-standing Bitcoin P2P marketplace with wide payment options and escrow.
- Remitano – Popular in Nigeria, offers secure escrow, many payment methods, low minimums.
- LocalBitcoins – An earlier P2P platform still used by some Nigerians.
- Bitpapa – A P2P marketplace supporting Nigerians to buy Bitcoin directly.
- Prestmit – A Nigeria- and Ghana-serving P2P app, supports BTC, LTC, USDT with low fees.
- NoOnes – A trusted P2P app for USDT and other crypto with Naira trading.
- OKX P2P – Zero-fee P2P trading platform used in Nigeria.
- Bybit P2P – Offers peer-to-peer trading with local payment options in Nigeria.
- KuCoin P2P – P2P gateway utilized by Nigerian traders.
- Bitget – Supports Nigerian users for P2P with competitive rates.
- Gate.io P2P – Serves Nigerians with NGN trading via escrow.
- Bundle Africa – A social payments & crypto app that supports trading in Nigeria.
- Luno – While primarily centralized, Luno offers flexibility making it P2P-adjacent for Nigerians.
- Quidax – Another Nigerian exchange: centralized, yet used heavily for funds P2P-like trades.
- NairaEx – Local favorite supporting rapid BTC ↔ NGN swaps, though centralized.
- Coinbase – Popular mobile app with NGN access; supports OTC and peer-like trades.
- Kraken – International exchange accessible to Nigerians through NGN P2P-like movement.
- Exmo – Listed among Nigeria’s best exchanges, often enabling P2P-style trades via third-party payment.
- CEX.io – Another global exchange with accessibility for Nigerian users, enabling P2P routes.
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