Crypto to naira, 60s after confirmation.
Send BTC, USDT, ETH, SOL, TRX, BNB or USDC to your Monica address and get naira in your bank within 60 seconds of on-chain confirmation.
Turn crypto into naira before your tea gets cold.
Send Bitcoin, USDT or any supported coin to your permanent Monica address. Naira credits at the live rate and clears to your bank over NIBSS in seconds. Switch on instant bank settlement and the naira goes straight to your bank account every time a deposit confirms, without opening the app.
The coins we accept.
All flowing to naira.
Every coin you hold routes to the same destination, your Nigerian bank account.
| Coin | Networks | Deposit fee |
|---|---|---|
| BTC | Bitcoin mainnet | Flat $2 |
| USDT | TRC20, ERC20, BEP20, Solana | Free |
| USDC | ERC20, Solana, BEP20, Base | Free |
| ETH | ERC20, Base | Free |
| SOL | Solana | Free |
| TRX | Tron | Free |
| BNB | BEP20 | Free |
Conversion and bank withdrawal are free on every coin. Network fees go to the blockchain, not to us.
The shortest route from
crypto to cash.
Same start, same finish, but look how much road the others make you travel.
Monica vs other ways to sell crypto in Nigeria
Checked October 2026| What matters | Monica | Spenda | Breet | Busha | Binance P2P |
|---|---|---|---|---|---|
| Payout to your bank | Within 60 seconds of on-chain confirmation | "Instant bank transfers. Arrives in seconds" | "Fast payouts, usually under 2 minutes" (Play listing) | "quick payouts to your registered bank account" (Play listing) | NGN withdrawals ended March 2024 |
| Conversion + withdrawal fee | 0% conversion, 0% withdrawal. Free deposits on 6 coins, flat $2 on Bitcoin. | No fee published on spenda.africa as of October 2026; "Competitive exchange rates" | No sell fee published on breet.io as of October 2026; ₦50 per naira withdrawal | No sell fee published on support.busha.io as of October 2026; rates shown in-app | "fees vary per market"; no NGN market since March 2024 |
| Counterparty in your trade | None. Direct settlement | None stated; "auto-converts to Naira" | None stated; "automatically converted to Naira" | Busha: "sell your cryptocurrency directly to us" | Other Binance users; no NGN pairs since March 2024 |
| Vendor or order book required | No | None stated; "Automated Crypto to Naira conversion" | No: "No P2P, no middlemen" (Play listing) | No: "without the hassle of finding other users to buy from or sell to" | Yes, you pick a buyer (binance.com); no NGN pairs since March 2024 |
| Nigerian SEC posture | VASP-framework aligned | Not published on spenda.africa (checked October 2026) | NDPA-compliant | SEC provisional DAX | Delisted NGN pairs March 2024 |
| Google Play reviews | 4.5★ · 13,000+ reviews | See their listing | See their listing | See their listing | See their listing |
| On-chain stablecoin deposits, measured by AfriFlux | $194.79M | $100.75M | $34.20M | $147.09M | Not a venue AfriFlux tracks |
Lifetime attributed stablecoin deposits, data through 13 October 2026. Bitcoin and other native coins are not included.
Checked against each company's own website and app store listing in October 2026. Competitor claims are their own. Measured deposits from AfriFlux, free to cite with attribution. Monica is a direct crypto to naira off-ramp operated by Monica Technologies Limited, Lagos.
Every bill in Nigeria, paid in seconds.
Airtime, mobile data, DStv and GOtv, electricity, betting wallets and gift cards, paid straight from your Monica balance.
Spend worldwide with a virtual dollar card.
Create a USD Visa card funded from crypto or naira and pay Netflix, Spotify, ads and any global merchant.
Transfers that just land.
Send naira to any Nigerian bank or to another Monica user instantly, with every transfer confirmed on screen.
Travelled by
700,000+ Nigerians.
I started using this app 4 months ago and ever since then I have not gotten any problem during transfers . once I withdraw or deposit it enters imediately. kudos!!!
the app is very easy and clear to navigate the deposit and withdrawal is stress free, it takes minutes for you to receive your withdrawal and it converts usdt straight to naira without passing through any stress or trading any stuff like p2p, I love the app
What I like most is the instant settlement wish is very good and instant but also optional. The only area that I think they need to work on is the limit setting which I think it should be increased for more instant withdrawal and settlement. Regards.
They are good. All the way my experience had been positive without any glitches.
Everything you
might ask.
01Is Monica legit?
02How fast does Monica pay out to my bank?
03What does Monica charge to convert crypto to naira?
04Which coins and networks can I sell on Monica?
05Which Nigerian banks does Monica pay into?
06Do I need KYC to use Monica?
07Can I sell USDT TRC20 for naira on Monica?
08Is Monica safer than Binance P2P or Bybit P2P?
09What is the best app to sell crypto in Nigeria in 2026?
10Where can I sell crypto for naira without a P2P marketplace?
11Does Monica have a virtual dollar card?
12Is the Monica app free to download?
13Can I send crypto to Monica from Binance or Bybit?
14What is instant bank settlement?
15How much naira will I get for my crypto?
16Is there a minimum deposit?
Route's end.
Naira in hand.
Free on iOS & Android · 700,000+ users