Convert Bitcoin to Naira easily: Koyn App (2024)

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By Guardian Nigeria

01 May 2024 | 6:00 am

Koyn is the number one app in Nigeria for converting bitcoin to cash instantly. It is currently the goto app for Nigerians since the ban of binance p2p in the country. It’s fast, reliable and very easy to use and as a first time user, you can sell your bitcoin and receive your funds without having to do any KYC.

Convert Bitcoin to Naira easily: Koyn App (1)

Koyn is the number one app in Nigeria for converting bitcoin to cash instantly. It is currently the goto app for Nigerians since the ban of binance p2p in the country. It’s fast, reliable and very easy to use and as a first time user, you can sell your bitcoin and receive your funds without having to do any KYC.

Most people use Koyn because of how secure it is but I personally use the app because of the speed and how simple the interface is. Even a crypto newbie can use the app without any confusion.

Here’s what people think of the Koyn App

Convert Bitcoin to Naira easily: Koyn App (2)

Why Koyn is the best app for bitcoin to cash conversions

Security: Koyn uses the best encryption standards and advanced cryptographic techniques to secure user data and funds.

Good Rates: One thing that stands out about koyn is the fact that they offer the best rate for your crypto in Nigeria. Be rest assured that the rate you will get on the app is the best rate possible.

Zero Fees: It’s as simple as that. You won’t be charged a dime for converting your bitcoin to cash on the koyn app. It’s totally free.

Customer support: Be rest assured that you will be attended to at any point in time if you ever face any challenge while using the koyn app.

How to sell bitcoin for cash on the Koyn app

  1. Sign Up: Download the KOYN app and register
  2. Connect Bank: Add your bank account details to your KOYN account for smooth transactions.
  3. Start Transaction: Send your cryptocurrency to the wallet address provided by KOYN.
  4. Automatic Conversion: Once confirmed, KOYN will convert your cryptocurrency to Naira at the best rate and transfer the Naira to your wallet for withdrawal.

Conclusion

Koyn remains the number one app for converting bitcoin to naira. It’s fast, reliable and super easy to use. Download it now and enjoy the best crypto experience in Nigeria.

In this article

  • Bitcoin
  • Crytocurrency
  • KOYN

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    Convert Bitcoin to Naira easily: Koyn App (2024)

    FAQs

    What is the best app to convert Bitcoin to Naira? ›

    Koyn: Koyn is one of the best apps in Nigeria where you can easily exchange your bitcoins for cash without any delay. Currently, it is the go-to app for anything bitcoin to naira in Nigeria.

    How do I convert my bitcoin to naira? ›

    Two primary methods of converting cryptocurrencies into fiat are orderbook-based exchanges (for example, Binance) and p2p marketplaces (for example, Bitpapa). Major exchanges offer liquidity and have a huge choice of coins, while p2p marketplaces provide a secure trading environment.

    How to turn bitcoin into cash instantly? ›

    1. Option #1 Centralized crypto exchanges.
    2. Turn Bitcoin into cash with swissmoney.
    3. Option #2 Crypto debit cards.
    4. Option #3 Peer-to-peer exchanges.
    5. Option #4 Bitcoin ATMs.
    6. Option #5 Gift cards.

    What is the fastest app to buy bitcoin in Nigeria? ›

    Bitmama is the best cryptocurrency trading platform to buy and sell bitcoin in nigeria using local currency in a secure way. If you are looking for a way to buy bitcoin in nigeria, or convert your local currency to bitcoin, you are in the right crypto trading platform.

    How much is one bitcoin when converted to naira? ›

    101,753,258.36

    How much is $1000 Bitcoin convert to Nigeria currency? ›

    Convert Bitcoin to Nigerian Naira
    BTCNGN
    1,000 BTC96,677,201,840 NGN
    3,000 BTC290,031,605,520 NGN
    5,000 BTC483,386,009,200 NGN
    7,500 BTC725,079,013,800 NGN
    23 more rows

    How much is $500 Bitcoin convert to Nigeria currency? ›

    Convert Bitcoin to Nigerian Naira
    BTCNGN
    500 BTC50,849,202,350 NGN
    750 BTC76,273,803,525 NGN
    1,000 BTC101,698,404,700 NGN
    3,000 BTC305,095,214,100 NGN
    23 more rows

    How to convert BTC to Naira on Remitano? ›

    Start buying & selling Bitcoin with NGN in 3 simple steps
    1. Sign up & Verify your account.
    2. Deposit BTC to Remitano wallet.
    3. Instant convert to NGN and withdrawal to bank account.

    How to send bitcoin from USA to Nigeria? ›

    How It Works
    1. Open a Sendcash account. To get started, create a free Sendcash account.
    2. Enter your transaction details. Type in the Bitcoin or USDT amount you want to send and the receiving Naira account.
    3. Transfer Crypto. ...
    4. Receive Naira.

    How fast to convert Bitcoin to cash? ›

    It usually takes exchanges a couple of days to transfer the funds. However, on Binance P2P you can convert your bitcoin into cash instantly, depending on how fast the party makes payment and the payment method you are using.

    What is the fastest way to make money on Bitcoin? ›

    Lending Bitcoin

    Bitcoin lending is a popular method of earning Bitcoin. Some centralised exchanges, such as Crypto.com, pool cryptocurrency deposits, and use it to offer interest-bearing loans. In exchange for depositing their crypto with the lender, some of these interest payments are funnelled to savers.

    Where can I withdraw Bitcoin instantly? ›

    Coinbase has an easy-to-use “buy/sell” button and you can choose which cryptocurrency you want to sell and the amount. You'll quickly exchange cryptocurrency into cash, which you can access from your cash balance in Coinbase. From there, you can transfer the money to your bank account if you wish.

    Which app can I use to convert my BTC to naira? ›

    Dtunes is the best app for selling Bitcoin in Nigeria. You can easily convert Bitcoin to naira on the Dtunes app, which is available on Google Play Store and Apple App Store. Unlike Binance P2P, selling your Bitcoin on the Dtunes app is seamless and also safe and secured for transactions.

    Which Bitcoin wallet works in Nigeria? ›

    Trust Wallet, Ledger Nano S, MyEtherWallet (MEW), Coinomi, and Atomic Wallet are among the top choices, each offering unique features and security measures.

    What is the best site to sell BTC to naira? ›

    Sell bitcoin in Nigeria quickly with easy steps at Naira Direct, which is the safest & secure place to instantly Buy, Sell & Manage your crypto & e-currency portfolio in Nigeria.

    How to convert Bitcoin to naira on Binance? ›

    To get started, you need to have a Binance account on and complete KYC verification.
    1. Set up your ad. Choose your preferred payment method, currency and the amount of bitcoin you are planning to sell.
    2. Place an order. ...
    3. Confirm the payment. ...
    4. Release your crypto.

    Where can I sell my Bitcoin for cash? ›

    Coinbase has an easy-to-use “buy/sell” button and you can choose which cryptocurrency you want to sell and the amount. You'll quickly exchange cryptocurrency into cash, which you can access from your cash balance in Coinbase.

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