Binance delisted all naira pairs in March 2024, so there is no naira market left on Binance P2P. You can still cash out in a few minutes: withdraw your USDT from Binance to your Monica address, and the naira lands in your bank when the network confirms.
You never type an amount in Monica and there is no sell button. The USDT arrives, the naira goes out. Many of our customers already send from Binance.
Open the Monica app, tap USDT, choose TRC20 and copy the address.
In the Binance app, go to Assets, then Overview, tap Send, then Withdraw Asset. On the Binance website the path is Assets, Overview, Withdraw, then Withdraw Asset (Binance FAQ, updated 18 September 2026). Choose USDT and paste your Monica address.
The network in Binance must match the network in Monica.
Confirm with your Binance security codes. Binance shows its own withdrawal fee on the withdrawal screen (about 1.5 USDT on TRC20 when checked in October 2026).
Naira credits to Monica at once and reaches your bank within 60 seconds of on-chain confirmation. With instant bank settlement on, step 5 is the last thing you do.
TRC20 is the cheapest and fastest for USDT. BEP20 and Solana also work. Sending on a network Monica does not show for that coin cannot be recovered.
Binance charges its own withdrawal fee, shown on the withdrawal screen. Monica charges nothing on USDT deposits, 0% to convert and 0% to withdraw.
Binance announced on 5 March 2024 that it was discontinuing all naira services (Binance announcement). P2P naira pairs had already been removed on 28 February 2024, and spot naira pairs followed on 7 March 2024. Since then the only way to turn Binance USDT into naira has been to move it somewhere that pays naira.
No. Binance removed naira pairs in March 2024.
Binance says confirmation time depends on the blockchain and network traffic; Tron usually confirms within a minute after Binance releases the withdrawal.
No minimum on Monica. Binance applies its own minimum withdrawal (5 USDT on TRC20 when checked in October 2026).
Contact support with the transaction hash. Recovery is not always possible, which is why the network must match.
Free USDT deposits, 0% conversion fee, 0% bank withdrawal fee. Naira in your bank within 60 seconds of on-chain confirmation.
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