For freelancer paid in crypto by foreign clients — the cleanest crypto-to-naira route in Nigeria.
Foreign clients want to pay in USDT, USDC, or BTC. Local banks don't accept crypto. P2P vendors are slow and risky. Wise/Payoneer charge 2-5% and lock funds for days.
Nigerian freelancers — designers, developers, writers, marketers, video editors, voice actors — increasingly negotiate USD-denominated contracts and accept crypto for the speed advantage. The cashout step is where most existing tools fail.
Set up a permanent Monica deposit address and share it as your standard payment endpoint. Clients send USDT/USDC; you receive naira directly to your bank within minutes of confirmation.
Download from Google Play or App Store. Complete one-screen KYC (BVN/NIN + selfie, ~4 minutes).
Choose USDT (most common — stable (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.
"Withdrew to Zenith Bank 14 times this month without a single failed payout. That alone is worth it."
"Cashed out USDC the day naira tanked. Locked in a great rate while everyone else was still on P2P queues."
"Paid my supplier in Guangzhou with USDT, cashed the next batch into Monica. Whole loop took 6 minutes."
"I run a small import business — moved ₦350,000 through Monica last month. Zero issues, zero fees, zero stress."
Set up a permanent Monica deposit address and share it as your standard payment endpoint. Clients send USDT/USDC; you receive naira directly to your bank within minutes of confirmation. 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.
USDT (most common — stable, low fees on Tron), USDC, BTC, occasionally ETH. All major networks supported. The most common choice for this persona is USDT (most common — stable.
Typical monthly: ₦300,000–₦5,000,000 across 1–4 client invoices. Some senior developers handle ₦15,000,000+/month. 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 on-chain 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, sub-60s payouts, all Nigerian banks. Built for the situations Nigerians actually face.
Download Monica