Fund your Monica naira balance from any Nigerian bank, convert to SHIB at live rate, withdraw to any external wallet on ERC-20.
Per 1 SHIB • 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 SHIB/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 SHIB 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 SHIB, type the naira amount, confirm. Live market rate, no spread.
Send SHIB to an external wallet on ERC-20, or hold inside Monica for instant cashout later.
Shiba Inu runs on the following networks supported by Monica:
| Network | Confirmation Time | Fee Profile | Best Use Case |
|---|---|---|---|
| ERC-20 | 1–3 minutes | Higher gas (varies) | Standard for ETH-based wallets |
Always match your sending network to the receiving address. Sending SHIB on the wrong network can result in lost funds — Monica's app shows the correct network beside every deposit address.
"After the Binance naira ban I didn't know where to turn. Monica saved me — no more P2P stress."
"App is clean and easy. My uncle who barely uses a smartphone figured it out in minutes."
"Money no dey delay. That is all I want from a crypto app, and Monica delivers."
"Used three other apps before this. Only Monica pays out instantly without surprise deductions."
Top up your Monica naira balance via bank transfer (instant via NIBSS), open the Buy screen, choose SHIB, type the naira amount. The SHIB 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 ERC-20. Network fees apply per chain — Monica does not add a fee on top.
Typically under 10 seconds. The SHIB 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 SHIB. Push notifications fire when price thresholds are hit.
Same flow, same speed, same zero fees. Tap any coin to view its dedicated page.