Safety has multiple layers on Monica: (1) Settlement security Monica is an off-ramp, not a custodian: deposit addresses are settlement endpoints, and on confirmation title passes to Monica's treasury against the obligation to pay you naira, with multi-sig controls on treasury operations. (2) Account security biometric authentication, device binding, anomaly detection. (3) Regulatory compliance SEC VASP framework alignment, AML monitoring, KYC. (4) Track record three years of operation, 700K+ users, ₦1T+ processed without platform-side compromise. (5) Public coverage Nairametrics three-year market presence feature confirms scale and longevity.
Yes. Monica.cash is operated by Monica Technologies Limited, a Nigerian-registered fintech with institutional-grade treasury operations, NDPA-aligned data protection, and SEC VASP framework alignment.
In the Monica.cash app download from Google Play or App Store, complete KYC, get started.
0% on Monica for all conversions and bank withdrawals. Only onchain network fees apply, paid to validators (not Monica).
Sub-60 seconds typical for the Monica side (conversion + bank withdrawal). Onchain confirmation timing varies by coin and network.
0% conversion fee. Naira within 60s of confirmations. 700K+ users. Built for Nigerian crypto reality.
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