Fund your Monica naira balance from any Nigerian bank, convert to BTC at live rate, withdraw to any external wallet on Bitcoin Mainnet, Lightning Network.
Per 1 BTC • Updates every 60 seconds
Most Nigerian crypto apps quote a buy price 2–3% above the live market and call it a "spread." Monica doesn't. The BTC/NGN rate you see is the rate you pay. Combined with 0% transaction fees and instant delivery, the total cost difference on a ₦1,000,000 buy can be ₦20,000–₦30,000 vs typical exchanges.
Funding BTC from naira on Monica works in three quick steps.
Add naira via instant bank transfer from any Nigerian account. Most deposits clear within 30 seconds via NIBSS.
Open the buy screen, choose BTC, type the naira amount, confirm. Live market rate, no spread.
Send BTC to an external wallet on Bitcoin Mainnet, Lightning Network, or hold inside Monica for instant cashout later.
Bitcoin runs on its own native chain. Monica accepts standard on-chain transactions:
| Network | Confirmation Time | Fee Profile | Best Use Case |
|---|---|---|---|
| Bitcoin Mainnet | ~30 seconds | Negligible fees | Ideal for high-frequency moves |
| Lightning Network | Varies | Network-dependent | Confirm fees in your wallet |
Always match your sending network to the receiving address. Sending BTC on the wrong network can result in lost funds — Monica's app shows the correct network beside every deposit address.
"Money no dey delay. That is all I want from a crypto app, and Monica delivers."
"Small gripe — it logged me out once and I had to sign in again. But payouts are genuinely instant."
"Sold USDT around 1am on a Sunday and the First Bank alert came in under two minutes. No wahala."
"I send to my mum's Palmpay account every month. Seconds now, instead of begging aboki for a rate."
Top up your Monica naira balance via bank transfer (instant via NIBSS), open the Buy screen, choose BTC, type the naira amount. The BTC appears in your Monica balance instantly.
Monica is operated by Monica Technologies Limited, a Nigerian-registered entity aligned with SEC VASP framework and NDPA compliance. Custody is partnered with audited cold storage providers.
Minimum buy is ₦1,000. There is no maximum for verified accounts up to standard daily limits.
Monica charges 0% on the buy. The conversion uses live mid-market rate without spread.
Yes. Monica supports outbound transfers on Bitcoin Mainnet, Lightning Network. Network fees apply per chain — Monica does not add a fee on top.
Typically under 10 seconds. The BTC balance updates the moment your buy order processes — there is no order book or matching wait.
Bank transfer from any Nigerian bank (NIBSS instant). Card and direct debit options are rolling out — check the Buy screen for current methods.
Yes — the Monica app lets you set alerts on any supported coin including BTC. Push notifications fire when price thresholds are hit.
Same flow, same speed, same zero fees. Tap any coin to view its dedicated page.