In this blog, we’ll be breaking down the Best Crypto Trading apps in Nigeria. Crypto Trading is a conversation you find in many circles of young Nigerians, but are they doing it right?
Mobile cryptocurrency trading applications are important for cryptocurrency enthusiasts who wish to trade cryptos from anywhere, at any time. Cryptocurrencies are very volatile assets, which is why the Central Bank of Nigeria prohibited crypto transactions in the nation. However, because the markets are open 24 hours a day, you must be ready to take advantage of attractive offers or sell to limit losses at any moment. Here are the top cryptocurrency trading applications in Nigeria.
Applications do, in fact, provide more flexibility than web platforms. However, not all are made equal. Let’s have a look at the top mobile apps for cryptocurrency trading.
Related:
How to Choose the Right Crypto Trading Platform
Crypto Scams: How do they Work & How to Protect Yourself
Contents
BREET
BREET is a trading app that allows you to easily sell Bitcoins, Bitcoin Cash, Dogecoins, Ethereum, and Litecoin for Nigerian naira. This site enables you to securely sell your bitcoin online. They provide the best crypto rates in Nigeria by leveraging customer-centric frameworks.
Each BREET user has a unique wallet address for each cryptocurrency. When you want to sell a cryptocurrency, just send it to your BREET wallet address. The system will automatically detect the influx on the blockchain network. It is then translated to naira or cedis (depending on your default setting) at the best available rates. To get started, download the BREET App on Google’s Play Store and Apple’s App Store to start trading crypto easily.
Prestmit
Prestmit is a bitcoin exchange tool that is available for both online and mobile users. It accepts a variety of cryptocurrencies, including Bitcoin, Dogecoin, Litecoins, Tether, and others. Prestmit, which has been in operation since 2019, has proven to be one of the top apps for conveniently selling cryptocurrencies in Nigeria and Ghana.
The platform has self-service transaction methods that make it incredibly easy for users to convert their crypto for cash. Naira and cedis are among the fiat currencies available. Prestmit transactions are fully automated, and any crypto received in the user’s wallet is automatically credited to the user’s fiat wallet with no need for administrative involvement.
Above all, Prestmit allows users to purchase bitcoins with gift cards, making it the first and best crypto trading app in Nigeria that does so. Download the App from the Play Store or App Store for the best in cryptocurrency transactions.
Binance: Bitcoin Marketplace and Crypto Wallet
Binance is one of the biggest and most popular cryptocurrency exchanges. Its application is perfect for novices since it is easy, intuitive, and simple to use. The major benefit of Binance is the enormous number of cryptos that may be traded: several hundred, making it one of the Best Crypto Trading apps in Nigeria.
You can use your smartphone to purchase and sell bitcoin using Binance’s app, as well as examine your transaction history. You will be able to monitor and manage your open positions and portfolios as well.
There are three sorts of basic orders used in trading: limit orders, market orders, and stop orders. Binance app offers over 380 currency pairings, allowing you to trade even the least desirable cryptocurrencies. You can also use your credit card to purchase cryptos with fiat currency. It is available for iOS and Android.
Coinbase: Bitcoin and Crypto Trading
Coinbase is another popular platform that is ideal for newcomers. The app has a Pro-version available for mobile called Coinbase Pro. It is available on the App Store and Google Play. It is equally simple to use.
Coinbase Pro is intended for experienced traders who want access to information and tools they need to trade from anywhere. It includes a candle chart, a market depth chart, an order book, and all kinds of orders.
KuCoin: Bitcoin Exchange and Crypto Wallet
KuCoin is a smaller, less well-known, and, as a result, less “secure” platform. However, it is still simple to use. The platform handles a huge number of transactions. Its application is intended for new traders, but experienced traders will find all of the necessary tools to trade efficiently.
The program now has a fresh, simple, and user-friendly interface. It provides basic features such as buying and selling cryptocurrency, as well as deposit and withdrawal. It is completely in line with the web platform.
Support can be accessed straight from the app (for both iOS and Android). A dynamic Japanese candlestick chart is included for trading. Price notifications can be set up so that you never run out of interesting opportunities. We also see in the app the ability to manage multiple accounts, which may be quite useful for the busiest bitcoin traders.
Conclusion
That brings us to the end of our list of the best crypto trading apps in Nigeria, both for Android and iOS. These cryptocurrency trading mobile apps have been carefully selected and offer some of the features that every cryptocurrency trader is looking for. Bitcoins, Ethereum, Bitcoin Cash, Dogecoins, and Litecoin, among other prominent cryptocurrencies, may be swapped simply and securely on the following applications.