01
Pick a coin and copy your Monica address
Seven coins, and each one has its own fixed address. The app shows the network right next to it, so you never send on the wrong chain.
Start with USDT
Crypto to naira for 700,000+ Nigerians
Crypto to naira, 60s after confirmation.
Send BTC, USDT, ETH, SOL, TRX, BNB or USDC to your Monica address and the naira is in your bank within 60 seconds of the network confirming. No vendor, no chat, no sell button.
★ 4.5 on Google Play700K+ users0% conversion fee₦1T+ processed
How a payout happens
1You send
From any wallet or exchange, straight to your own Monica address.
2The network confirms
The moment it does, Monica converts your crypto at the live rate.
3Naira in your bank
It lands within 60 seconds of that confirmation, whichever bank you use.
Pays into every bank in Nigeria
If it is on NIBSS, it works
GTBank
Zenith
Opay
Kuda
Access
UBA
Moniepoint
PalmPay
Stanbic IBTC
Sterling
WemaGTBankZenithOpayKudaAccessUBAMoniepointPalmPayStanbic IBTCSterlingWema
FCMB
Union
Polaris
Ecobank
Keystone
Jaiz
Providus
Carbon
Sparkle
FairMoneyFCMBUnionPolarisEcobankKeystoneJaizProvidusCarbonSparkleFairMoneyHow it works
Copy your address. Send. Naira in your bank.
No amount to type, no sell button. Your Monica address never changes, so you can send to it from any wallet or exchange, as many times as you like.
02
Send from any wallet or exchange
Withdraw from Binance, Bybit, Trust Wallet or wherever you keep your crypto. Once the network confirms, the naira is credited at the live rate.
Binance to naira, step by step03
Naira in your bank within 60 seconds
Withdraw with one tap. Or turn on instant bank settlement, and every deposit goes straight to your bank without you opening the app.
What it costs
Opay · Credit alertnow
NGN85,000.00 from MONICA
Supported coins
Seven coins. One destination: your bank.
Conversion and bank withdrawal are free on every coin. Deposits are free on six of them, and Bitcoin costs a flat $2. The network fee goes to the blockchain, not to us.
Why Monica
The shortest route from crypto to cash.
Everyone starts and ends in the same place. The difference is how much road the others make you travel before the naira lands.
700K+
Active users
₦1T+
Processed
0%
Conversion fee
4.5★
Google Play rating
Compared
Checked October 2026Monica vs other ways to sell crypto in Nigeria
| What matters | Monica | Spenda | Breet | Busha | Binance P2P |
|---|---|---|---|---|---|
| Payout to your bank | Within 60 seconds of the network confirming | "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 and withdrawal fee | 0% conversion, 0% withdrawal. Deposits are free on 6 coins and cost a flat $2 on Bitcoin. | Up to 0.9% deposit fee, shown in the Spenda app (checked October 2026). No fee figure published on spenda.africa. | 1.5% on sells, shown in the Breet app, plus ₦50 per naira withdrawal (help centre), checked October 2026. | No sell fee published on support.busha.io as of October 2026; rates are shown inside the app | "fees vary per market"; no NGN market since March 2024 |
| Who you trade with | Nobody. Monica pays you directly | 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 |
| Do you need a vendor or order book? | 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 |
| Google Play reviews | 4.5★ · 13,000+ reviews | Not quoted here. See their Google Play listing | Not quoted here. See their Google Play listing | Not quoted here. See their Google Play listing | Not quoted here. See their Google Play listing |
We checked each company's own website and app store listing in October 2026. The fees quoted from the apps were read on 14 October 2026 and can change without notice. Each competitor's claims are their own. Monica is a direct crypto to naira off ramp run by Monica Digital Assets Limited, Lagos.
Also in the app
Your naira works right here.
Once the naira lands, you can pay for things straight from your Monica balance or send it on to someone else.
Pay bills
Every bill in Nigeria, paid in seconds.
Airtime, data, DStv, GOtv, electricity, betting wallets and gift cards, all paid straight from your Monica balance.
See every billAlso
Dollar card
Spend worldwide with a virtual dollar card.
Fund it from your Monica balance, then pay for Netflix, Spotify, ads or anything else sold in dollars. Freeze it any time with one tap.
About the card
Netflix
SpotifySend & receive
Instant, free bank transfers.
Send naira to any Nigerian bank, or to another Monica user, and it lands right away. Every transfer shows a confirmation on screen and a receipt you can share.
Banks we pay into
Reviews
700,000+ Nigerians, in their own words.
★★★★★
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!!!
NS
Ngozi SylvGoogle Play · June 2026
★★★★★
Trust me download just this oneDamn this app prevent me from p2p fear on other apps just direct to my bank account.. e fast die
CB
Chabzzy.bApp Store · October 2026
★★★★★
This app has been very very helpful. I finally stop paying for conversion of usdt to naira. You guys won my heart. Not only that, they also send directly to your local bank account once you send crypto inside. So far you have first activated it. Thank you, Monica..
SO
Solomon OleninGoogle Play · August 2025
★★★★★
I’ll always recommendNice rates, swift response & delivery 🚚
AU
A.uruApp Store · July 2026
★★★★★
I love the app,it's so transparent and transactions are done as fast as possible, received my cash within seconds,I was skeptical at first but now I have no doubts,👍
BH
Beauty HelenGoogle Play · August 2025
★★★★★
Easy and reliableI just start using the app and everything is good I pray it remains this way forever
D
DerekephApp Store · October 2026
★★★★★
A very good user interface you have that and your transactions are lightspeed ...I enjoyed every bit of your services and will refer my friends to use it too
JO
Jeremiah OginniGoogle Play · January 2026
★★★★★
Fast serviceVery fast and reliable
M
Molat72App Store · February 2026
★★★★★
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
WW
Willy WillyGoogle Play · June 2026
★★★★★
One good thing in Nigeria is MonicaI never knew that one day I will give 5 star to any app, but Monica has changed my perspective. Big kudos to the team. Fast and reliable and customer support are topknot. Your exchange rate remains the best everyday. Your app is a new office for me in the exchange market….. thanks for your app. I wish other companies would learn from you. I’m Johnson Kalu
EJ
Evan Johnson KaluApp Store · September 2026
★★★★★
They are good. All the way my experience had been positive without any glitches.
CO
Charles OloworaranGoogle Play · August 2026
★★★★★
Fast and smooth with lovely rates 😊
PR
Plutus_roiApp Store · January 2026
★★★★★
It has a better rate compared to what most vendors do use. I also need to applaud you guys for the super easy and faster confirmation and converting of coins. Thank you for being there for me, Monica.
EA
Emmy AjeleGoogle Play · December 2024
★★★★★
Love love itSmooth and efficient
R
RejoicedunahApp Store · October 2026
★★★★★
Monica.Ng brings an unparalleled user experience and friendly interface to it's operations. The app is very efficient, secure and reliable and has laid the fear of delayed payments to rest.
JA
Justus AdekunleGoogle Play · December 2023
★★★★★
It is very fast and reliable
R
RealkennieApp Store · July 2026
★★★★★
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.
AO
Abayomi OgundayisiGoogle Play · October 2026
★★★★★
Fast and reliableJust used it for the first time to withdraw from Binance and it worked perfectly
CC
Chris chullyApp Store · August 2026
★★★★★
When it comes to conversion of crypto to naira, Monica is the best. High rate, fast, simple to use. I give you five stars. This is the best experience i have ever had in converting crypto to naira. Kudos Monica 👍🙌
OF
OMENA FREDGoogle Play · February 2025
★★★★★
I don’t know how to explain the benefits of this app by words , but I can say that Monica is an excellent app keep it up
DY
Daha YusufApp Store · September 2026
★★★★★
If you want very swift transactions, you can bank on this for sure! I was skeptical at first till I tried. God bless whoever came up with this app. Peace of mind overassured.
CJ
Chioma JulietGoogle Play · December 2023
★★★★★
Fast and ReliableI love the easy and fast account setup
J
JjeuehApp Store · January 2026
★★★★★
Well have been using Monica for a year now and I will really want to say a very big thank you to the all team it's been a great app since a year now have been using it, withdrawal so smooth best rate 👍
YS
yung SteelGoogle Play · October 2024
★★★★★
Monica is a superb platform which enhance seamless receipt and transfer of crypto from any exchange directly to your bank account. I recommend it very highly to everyone
TA
Tonymark Asamali ImakheGoogle Play · May 2025
Shown exactly as people wrote them. Read the rest on Google Play and the App Store.
In the news
What the press has written about Monica.
“Why Nigeria’s growing crypto economy is driving users toward Monica Cash for instant bitcoin-to-naira conversions”
CNBC Africa · 2026 · Read the article
Nigeria’s digital finance evolution expands beyond crypto tradingJune 2026
Monica Cash surpasses ₦500bn in transactionsFebruary 2026
Nigerians shift to Monica Cash for faster bitcoin-to-naira payouts, analysts say2026
Why Nigerians are moving to Monica Cash to avoid delays in bitcoin-to-naira withdrawals2026
Getting paid
As soon as the network confirms your deposit, the naira shows up in your Monica balance. From there it goes to your bank over NIBSS instant transfer. Opay, Kuda and the other digital banks usually get it in 5 to 10 seconds. GTBank, Zenith and the other big banks usually take 30 to 60 seconds.
Every Nigerian bank on NIBSS. That includes GTBank, Access, First Bank, Zenith, UBA, Fidelity, Stanbic IBTC, Sterling, Union, Wema, Opay, Kuda, Moniepoint, PalmPay and the rest. If your bank can receive a normal instant transfer, Monica can pay into it.
It is a switch in the app. Turn it on and every confirmed deposit to any of your Monica wallets is converted and sent to your linked bank account for you, within 60 seconds of confirmation. You do not have to press anything.
Open the rate calculator. It shows the live rate and the exact naira you will get. The rate refreshes every 60 seconds.
Fees
Nothing on conversion and nothing on bank withdrawal. Deposits are free for USDT, USDC, ETH, SOL, TRX and BNB. Bitcoin deposits cost a flat $2. The only other cost is the network fee your wallet charges when you send, and that goes to the blockchain, not to Monica.
Yes. Monica is free on the App Store and Google Play, and there is no subscription. Conversion and bank withdrawal are free too. Deposits are free on six coins and cost $2 on Bitcoin. The only thing you pay is the blockchain network fee when you send.
No. Send any amount. Just keep an eye on the network fee your wallet or exchange charges on the way out, because on a very small transfer it can eat most of what you send.
Coins and networks
Bitcoin on its own network. USDT on TRC20, ERC20, BEP20 and Solana. USDC on ERC20, Solana, BEP20 and Base. Ethereum, Solana, Tron and BNB as the coins themselves. Whichever one you send, it turns into naira on its own once the deposit confirms.
Yes. Send USDT on TRC20, ERC20, BEP20 or Solana to your Monica address and it turns into naira on its own. There is no deposit fee and no conversion fee.
Yes. Withdraw from Binance, Bybit, OKX, Bitget or KuCoin to your Monica address on a network Monica supports, and the naira lands in your bank once the deposit confirms. We have walkthroughs for Binance to Naira and Bybit to Naira.
Safety and trust
Yes. Monica is run by Monica Digital Assets Limited, a company registered in Nigeria. Monica is a crypto off ramp. It is not an exchange and it is not a bank. Your naira payouts go through banking partners licensed by the CBN, and the crypto side is handled by licensed crypto exchanges. More than 700,000 people use the app, and it has processed over ₦1 trillion so far.
Yes, and it is one screen. Your NIN, plus a quick selfie. You need to be verified before you can withdraw to a bank account.
Monica is not a P2P marketplace, so you never trade with a stranger. Monica pays you from its own account. There is no buyer, no chat and nobody typing “I have sent”. On a P2P platform a buyer can pay you from a stolen bank account, and that is how sellers end up with their accounts frozen. Binance also removed all naira pairs in March 2024, so there has been no naira market on Binance P2P since then.
On Monica. It is a direct crypto to naira off ramp, not a marketplace. Send your USDT, BTC or any other supported coin to your Monica address and the naira lands in your Nigerian bank in seconds. There is no merchant to find and no order book.
The app
If you want to turn crypto into naira, Monica is a strong choice. The payout lands in under 60 seconds after confirmation, the conversion fee is 0%, and it pays into every Nigerian bank on NIBSS. Other apps people use include Quidax, Busha, Yellow Card and Breet.
Yes. Once you are verified you can create a virtual dollar card, fund it from your Monica balance and spend anywhere Visa or Mastercard is accepted, in any country.
Get started
Your naira is one send away.
Free on iOS and Android. Verify once with your NIN and a selfie, copy your address and send. More than 700,000 Nigerians already do.
Get the app0% conversion fee · 0% withdrawal fee · every Nigerian bank