No peer to peer vendors. No waiting for approval. No risk of scams. Send Bitcoin to your Monica wallet and receive Naira automatically in your account within 5 minutes.
Per 1 BTC • Updated every 60 seconds • Best rate guaranteed
Monica is the fastest and safest way to convert Bitcoin to Naira in Nigeria. Unlike traditional peer to peer platforms where you have to wait for vendors, negotiate rates, and risk getting scammed, Monica automatically converts your Bitcoin to Naira the moment it hits your wallet. No manual approval, no vendor delays, no escrow drama. Just send Bitcoin and get Naira.
Send Bitcoin to your permanent Monica wallet address and watch your Naira balance update automatically. No vendor matching, no waiting for approval, no human intervention needed. Settlement happens instantly once the blockchain confirms your transaction.
Monica operates in full compliance with Securities and Exchange Commission regulations in Nigeria. Your Bitcoin deposits are secure and protected. We are not like the platforms that got shut down or hacked. We play by the rules and protect your money.
Flat $2 fee per Bitcoin transaction. No hidden charges, no percentage cuts, no withdrawal fees. Transfer your Naira to any Nigerian bank completely free. Compare that to peer to peer platforms charging 2% to 5% and you will see the difference.
Real time exchange rates updated every minute based on global Bitcoin prices and Nigerian Naira rates. You always get the best possible rate. No artificial markups, no stale prices. Check our live calculator anytime.
Forget about peer to peer scams, frozen funds, dishonest vendors, and endless disputes. Monica is the vendor. You send Bitcoin directly to us and we credit your Naira balance automatically. Clean, simple, safe.
Real human support available in the app anytime. Questions about your Bitcoin deposit? Need help with withdrawal? Our team responds in under 2 minutes on average. No bots, no automated responses, just real help.
Four simple steps from Bitcoin in your external wallet to Naira in your Nigerian bank account
Get Monica from App Store for iOS or Google Play for Android. Sign up with your email and password. Verify your email address and you are ready. Takes less than 2 minutes.
Go to the deposit section in Monica app. Select Bitcoin and you will see your permanent Bitcoin wallet address. Copy this address. It is yours forever and you can use it anytime.
From your external wallet like Binance, Luno, Trust Wallet, or any Bitcoin wallet, send Bitcoin to your Monica address. Wait for blockchain confirmation which usually takes 10 to 30 minutes depending on network traffic.
Once your Bitcoin transaction confirms on the blockchain, Monica automatically converts it to Naira at the current exchange rate and credits your balance. Withdraw to any Nigerian bank for free or use it to pay bills.
See why thousands of Nigerians are switching from peer to peer platforms to Monica for selling Bitcoin
| Feature | Monica | P2P Platforms |
|---|---|---|
| Settlement Time | 5 minutes automatic | 30 mins to 2 hours waiting for vendor |
| Vendor Risk | No vendors, direct settlement | Risk of scams, frozen funds |
| Bank Transfer Fee | Free withdrawals | Usually charged by vendor |
| Bitcoin Fee | $2 flat fee | 2% to 5% of transaction |
| Exchange Rate | Real time market rate | Vendors add markup |
| Compliance | SEC compliant | Many operate in grey area |
| Support | 24/7 live chat | Ticket system, slow response |
Once your Bitcoin transaction confirms on the blockchain, Monica automatically converts it to Naira and credits your account within 5 minutes. The blockchain confirmation itself usually takes 10 to 30 minutes depending on network congestion and the transaction fee you paid. So total time from sending Bitcoin to having Naira in your Monica balance is typically 15 to 40 minutes.
You can sell any amount of Bitcoin on Monica. There is no minimum deposit amount. Whether you have 0.001 BTC or 10 BTC, you can send it to your Monica wallet and it will be converted to Naira automatically. The $2 flat fee applies to all Bitcoin transactions regardless of amount.
Monica uses real time global Bitcoin prices from major exchanges combined with current Nigerian Naira exchange rates. The rate is updated every 60 seconds to reflect market conditions. You get the rate at the exact moment your Bitcoin transaction confirms on the blockchain. No stale prices, no artificial markup.
Yes, you can withdraw to any bank in Nigeria including GTBank, Access Bank, First Bank, Zenith Bank, UBA, and all other Nigerian commercial banks. Bank transfers from Monica are completely free with zero withdrawal fees. Your Naira arrives in your bank account within minutes.
Monica operates in full compliance with Securities and Exchange Commission regulations in Nigeria. We are SEC compliant, meaning we follow all the rules and regulations for cryptocurrency platforms operating in Nigeria. This ensures your funds are protected and you are using a legitimate, legal platform.
Always double check that you are sending Bitcoin to your correct Monica Bitcoin wallet address. Bitcoin transactions on the blockchain are irreversible, so if you send to the wrong address, we cannot recover the funds. Make sure to copy your Monica Bitcoin address directly from the app and verify it before sending.
Currently Monica is optimized for selling crypto and converting to Naira for spending in Nigeria. You deposit Bitcoin and other cryptocurrencies, and Monica automatically converts them to Naira which you can withdraw to your bank or use to pay bills, buy airtime, and access other services. For detailed guides, check our how to sell Bitcoin page.
In addition to Bitcoin, Monica supports USDT on all networks including TRC20, ERC20, BEP20, USDC on all networks, Ethereum, Solana, Tron, and BNB. All these cryptocurrencies are automatically converted to Naira when you deposit them. Check our USDT to Naira page and Ethereum to Naira page for more details.
Join 450,000+ Nigerians converting Bitcoin to Naira on Monica. Fast, safe, and fee free withdrawals.
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