For nigerian who received crypto as a gift (birthday, festive, family) and wants naira the cleanest crypto to naira route in Nigeria.
Gift crypto sitting idle. Need to convert to naira for actual spending.
Increasingly common as Nigerian families adopt crypto.
Send gift to Monica address; withdraw to bank for spending.
Choose All major. (most common for this use case). Copy the permanent address and save it.
Share your Monica address with the sender (client, employer, sponsor, family). Crypto deposits typically confirm in 30s to 3 minutes.
Once confirmed, naira credits to your Monica balance at live rate. Withdraw to your bank Opay, Kuda, GTBank, Zenith, all banks supported.
"After the Binance naira ban I didn't know where to turn. Monica saved me no more P2P stress."
"Cashed out the day naira was falling and locked a solid rate while P2P people were still queuing."
"Tested with a tiny amount because I no dey trust crypto apps. It paid out before I finished doubting it."
"App is clean and easy. My uncle who barely uses a smartphone figured it out in minutes."
Send gift to Monica address; withdraw to bank for spending. The same flow that works for any Monica user deposit crypto to a permanent address, naira credits at the live rate, withdraw to your Nigerian bank in seconds.
All major.. All major networks supported. The most common choice for this persona is All major..
₦20,000–₦2,000,000 typical. Monica handles all of these verified accounts have ₦50M/24h default limits with higher available on request.
Sub-60 seconds typical. Digital banks (Opay, Kuda, Moniepoint) clear in 5–10 seconds; tier 1 commercial banks (GTBank, Zenith, Access) clear in 30–60 seconds via NIBSS.
No. 0% fees apply universally on Monica. Only onchain network fees (paid to validators/miners) apply, and those exist on any platform.
Monica is Nigerian-focused the conversion is to naira, the bank withdrawal is to Nigerian banks. The crypto deposit can come from anywhere globally.
Yes. Following the CBN's December 2023 reversal of the 2021 banking restriction and the SEC's VASP framework, crypto to naira conversion is legal across Nigeria.
In-app live support is 24/7 with average two-minute response. Common questions for this use case are well-handled.
0% fees, under 60s payouts, all Nigerian banks. Built for the situations Nigerians actually face.
Download Monica