A factual look at Remitano for Nigerian users what works, what doesn't, and how it stacks up against direct alternatives.
| Founded | 2014 |
| Fees | Trade fee + counterparty spread |
| Typical Payout Speed | P2P trade dependent |
| Supported Coins | BTC, USDT, ETH, BNB |
| Banks | Via P2P counterparties |
| KYC | ID and a selfie |
Pan-African P2P presence
Monica.cash charges 0% on conversion and 0% on bank withdrawals.
Naira payouts typically clear in under 60 seconds after the network confirms.
BTC, ETH, SOL, TRX, BNB, USDT and USDC converted directly to naira.
700,000+ users and ₦1T+ processed since 2023.
Remitano is a P2P marketplace with escrow, operating in Africa since 2014. It has operated since 2014. Whether it fits depends on your use case; this page covers how Monica.cash compares as an alternative.
Remitano charges trade fees plus whatever spread the counterparty prices in. Monica.cash charges 0% conversion fee and 0% bank withdrawal fee, with the live open-market rate shown before you convert.
Remitano moves at the pace of the P2P trade. Monica.cash payouts typically clear in under 60 seconds after the network confirms.
App-store ratings move constantly, so we don't republish other platforms' numbers here. Monica.cash currently holds 4.5★ on Google Play (13,000+ reviews) and 4.5★ on App Store.
Monica.cash is the most-switched-to alternative based on volume and user base. See the dedicated comparison.
Weigh the custody model, pricing and payout mechanics. Remitano is a P2P marketplace with escrow, operating in Africa since 2014. If you want direct crypto to naira cashout with 0% conversion fee and under 60 second payouts after confirmation, that is exactly what Monica.cash is built for.
For Nigerian users specifically, Monica.cash is the alternative most users have moved to. Read the side-by-side comparison or see why people switch.
0% conversion fee, within 60s of confirmation payouts, 7 coins, all banks. Test on a small amount first.
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