Considering a Remitano alternative? Here is what Monica.cash offers Nigerian users.
Monica.cash charges 0% on conversion and 0% on bank withdrawal. Remitano charges trade fees plus whatever spread the counterparty prices in. Run both numbers for your amounts.
Monica.cash payouts typically clear in under 60 seconds after on-chain confirmation. Remitano moves at the pace of the P2P trade.
500,000+ active Nigerian users with ₦500B+ processed. The track record is independently verifiable through public coverage in Nairametrics and other Nigerian financial press.
| Feature | Monica.cash | Remitano |
|---|---|---|
| Transaction Fee | 0% | Trade fee + counterparty spread |
| Typical Payout Speed | Under 60 seconds | P2P trade dependent |
| Supported Coins | 7 core (BTC, ETH, SOL, TRX, BNB, USDT, USDC) | BTC, USDT, ETH, BNB |
| Bank Coverage | All NIBSS-connected banks (40+) | Via P2P counterparties |
"Money no dey delay. That is all I want from a crypto app, and Monica delivers."
"After all the P2P stress I didn't know where to turn. Monica saved me."
"E dey work die. GTBank alert enters sharp sharp every single time."
"Switched to Monica and never looked back. Fast, and the 0% fee is real I checked the maths."
Reasons vary by user; the common considerations are fees, payout speed and supported assets. Remitano charges trade fees plus whatever spread the counterparty prices in, while Monica.cash charges 0% with payouts typically under 60 seconds after confirmation.
Free in the sense of 0% transaction fees, yes. The app itself is free to download and use. Network fees on the underlying blockchain still apply (those go to miners, not Monica).
Yes. Withdraw from Remitano to your Monica deposit address (same network on both ends), and the conversion runs automatically once the deposit confirms.
Monica is a one-way off-ramp and does not custody user crypto. Monica's treasury, KYC data handling and operating standards are NDPA-aligned and SEC VASP-framework aligned. Remitano publishes its own security practices — compare both before moving size.
Monica.cash supports 7 coins (BTC, ETH, SOL, TRX, BNB, USDT, USDC). Remitano covers BTC, USDT, ETH and BNB. Compare both lists for your specific assets.
0% fees. Under 60s payouts. 500K+ users can't all be wrong.
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