Best Ethereum to Naira rates in Nigeria. Automatic conversion, free deposits, free bank withdrawals. Join 450,000+ Nigerians converting ETH to NGN on Monica.
Per 1 ETH • Updated every 60 seconds • Best rate guaranteed
Monica makes converting Ethereum to Naira simple and fast for Nigerians. Whether you hold ETH as an investment, receive it as payment for work, or use it for DeFi applications, Monica provides the easiest way to cash out Ethereum and get Naira in your Nigerian bank account. No peer to peer vendors, no complicated trading, no long waits. Just send Ethereum to your Monica wallet and get Naira automatically.
Send Ethereum to your Monica wallet address with zero deposit fees. All Ethereum network fees go to miners, not to Monica. We do not charge any fee for receiving your ETH deposits.
Once your Ethereum transaction confirms on the blockchain, Monica automatically converts it to Naira and credits your balance within seconds. No manual approval, no waiting for vendors.
Real time market rates updated every minute. You get the best Ethereum to Naira conversion based on global ETH prices and current Nigerian Naira rates. No hidden markup.
After your Ethereum converts to Naira, withdraw to any Nigerian bank completely free. No withdrawal fees, no charges. Your Naira arrives in your bank account within 5 minutes.
Ethereum transactions typically confirm in 1 to 5 minutes, much faster than Bitcoin which can take 30 minutes. This means you get your Naira quicker when selling Ethereum compared to selling Bitcoin.
Monica operates in full compliance with Nigerian Securities and Exchange Commission regulations. Your Ethereum deposits are secure and protected by industry leading security measures.
Converting Ethereum to Naira on Monica is a simple four step process that takes about 10 to 15 minutes total from start to finish. Here is exactly how it works.
Download Monica app from App Store or Google Play. Create account with your email and password. Verify your email address. Takes 2 minutes.
In Monica app, go to Deposit section. Select Ethereum. You will see your permanent Ethereum wallet address. Copy this address.
From your external wallet like Binance, Trust Wallet, MetaMask, or any Ethereum wallet, send ETH to your Monica address. Wait 1 to 5 minutes for blockchain confirmation.
Once Ethereum confirms, Monica converts it to Naira automatically and credits your balance. Withdraw to any Nigerian bank for free or use for bills and airtime.
Ethereum transactions confirm on the blockchain in about 1 to 5 minutes depending on network congestion and the gas fee you paid. Once your ETH transaction confirms, Monica automatically converts it to Naira within seconds. So total time from sending Ethereum to having Naira in your Monica balance is typically 5 to 10 minutes, much faster than Bitcoin which can take 30 to 45 minutes.
You can convert any amount of Ethereum on Monica. There is no minimum deposit requirement. However, keep in mind Ethereum network fees when sending small amounts. If you are converting less than 0.01 ETH about $25 worth, the Ethereum gas fees might be a significant percentage of your transaction. For very small amounts, consider converting to USDT on a cheaper network first.
Monica uses real time global Ethereum prices from major cryptocurrency exchanges combined with current Nigerian Naira exchange rates. The rate updates every 60 seconds. You receive the exact rate at the moment your Ethereum transaction confirms on the blockchain. No stale prices, no artificial markup. Check our live calculator for current Ethereum to Naira rates.
Yes, Monica is perfect for freelancers, developers, and remote workers who receive Ethereum as payment from international clients. Give your Monica Ethereum deposit address to clients. When they send ETH payment, it automatically converts to Naira in your Monica account. You can then withdraw to your Nigerian bank or use for bills. Many Nigerian developers and freelancers use Monica specifically for this purpose. Learn more on our selling guide.
Ethereum deposits on Monica are completely free. Bank transfers from Monica to your Nigerian bank account are also free. The only fee you pay is the Ethereum network gas fee which goes to miners when you send ETH from your external wallet to Monica. This fee varies based on Ethereum network congestion but is typically $1 to $5 for normal transactions.
Best ETH to NGN rates, instant settlement, free withdrawals. Join 450,000+ Nigerians on Monica.
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