Move Bitcoin from your Blockchain.com wallet to a Nigerian bank account
The Blockchain.com wallet holds your Bitcoin but does not pay naira into a Nigerian bank. Send the BTC to your Monica address instead and the naira reaches your bank within 60 seconds of the network confirming, with no buyer, no chat and no sell button.
Five steps, one screen each
People search for how to convert, trade or withdraw Bitcoin to naira on Blockchain.com, and the honest answer is that the wallet itself does not do it. What it does well is send. So you send to Monica, and Monica does the naira part. You never type an amount in Monica and there is no sell button: the Bitcoin arrives, the naira goes out.
Copy your Monica Bitcoin address
Open the Monica app, tap Bitcoin and copy the address. It is permanent, so you can save it as a contact in Blockchain.com for next time.
Tap Send in the Blockchain.com wallet
In the Blockchain.com app, tap Send, choose Bitcoin and paste your Monica address into the To field. Check the first and last characters match.
Confirm the network
Bitcoin leaves Blockchain.com on the Bitcoin network and Monica's Bitcoin address lives on the Bitcoin network, so they match. For USDT or ETH, choose the same network in both apps.
Set the amount and the network fee
Enter the amount, at least $5 worth. Blockchain.com lets you pick the network fee; a higher fee gets your transaction into a block sooner. Confirm with your PIN or biometrics.
Wait for the Bitcoin network to confirm
Monica converts the deposit at the live rate on confirmation and the naira reaches your bank within 60 seconds of the network confirming. Nothing else to tap.
Before you press send
Which network?
Bitcoin has one network, so a BTC send from Blockchain.com to your Monica Bitcoin address cannot land on the wrong chain. USDT, USDC and ETH exist on several networks. For those coins, open the coin in the Monica app, note the networks it lists, and choose the same network in both apps. A coin sent on a network Monica does not show for it cannot be recovered.
What it costs
On the Monica side: 0% conversion fee, 0% bank withdrawal fee, and a flat $2 deposit fee on Bitcoin. Deposits on USDT, USDC, ETH, SOL, TRX and BNB are free. You pay the Bitcoin network fee when you send, and Blockchain.com shows that fee on its Send screen before you confirm. The minimum deposit is $5 worth of crypto.
What you need on Monica
A Monica account verified with your NIN plus a selfie, and the Nigerian bank account you want the naira in. Any bank on NIBSS works. Verification is done once in the app; after that every send from Blockchain.com pays out to the same account with nothing else to set up.
What slows it down
The only wait is the Bitcoin network. A block is mined roughly every ten minutes, and a low network fee can leave your transaction waiting for several blocks. Pick a normal or fast fee in Blockchain.com if the naira is needed soon. After the network confirms, Monica takes it from there and the bank credit lands within 60 seconds.
Questions people ask
How do I withdraw from my Blockchain.com wallet to a Nigerian bank account?
Blockchain.com does not pay naira into Nigerian bank accounts, so you use its Send button. Copy your Bitcoin address from the Monica app, paste it into Send in Blockchain.com, confirm the amount, and the naira reaches your bank within 60 seconds of the network confirming. No buyer, no chat and no card needed.
Which app can I use to turn Bitcoin into naira?
Monica is a crypto off ramp built for this. It accepts BTC, USDT, USDC, ETH, SOL, TRX and BNB, converts the deposit at the live rate the moment the network confirms and pays naira to any Nigerian bank on NIBSS. There is no sell button and no amount to type, so it works with any wallet that can send.
How do I convert Bitcoin in my Blockchain.com wallet to cash?
Send it to your Monica address. The conversion happens on confirmation and the naira goes straight to the bank account you verified, so you can withdraw cash from an ATM or spend from your bank app. You can also pay airtime, data and bills from the Monica balance before it leaves the app.
How long does the withdrawal take?
Two parts. The Bitcoin network needs to mine your transaction into a block, which takes about ten minutes at a normal fee and longer at a low fee or when the network is busy. Once the network confirms, the naira is in your bank within 60 seconds. Watch the status in the Monica app.
How much is $1 of Bitcoin in naira right now?
Rates move all day, so we do not print a figure here. Open the Monica app or the rate calculator on this site and you see the live Bitcoin to naira rate before you send. The rate used for your payout is the one in force at the moment the network confirms your deposit.
Can I send USDT or ETH from Blockchain.com as well?
Yes. Monica has a separate permanent address for each coin it accepts, so pick the matching coin in the Monica app, copy that address and send from Blockchain.com. For USDT, USDC and ETH choose the same network in both apps. Deposits on those coins are free; only Bitcoin carries the flat $2 fee.
Is blockchain real money?
A blockchain is the public ledger that records who holds which coins. The Bitcoin on it is a real asset you can sell, but it is not naira until an off ramp converts it. That is the step Monica handles: the coin arrives, the live rate is applied and real naira lands in your bank account.
What if I sent on the wrong network or to the wrong address?
Bitcoin only travels on the Bitcoin network, so the main risk is a mistyped address. Always paste the address from the Monica app rather than typing it and check the first and last characters. If something still goes wrong, email [email protected] with the transaction hash. Recovery is not always possible.
Related pages
Send Bitcoin from Blockchain.com and get naira today
Flat $2 Bitcoin deposit fee, 0% conversion fee, 0% bank withdrawal fee. Naira in your bank within 60 seconds of the network confirming.
0% bank withdrawal feeArrives60safter the network confirms