Send BTC to a permanent Monica wallet address. The system converts to naira at live market rate and pushes the funds straight to your Nigerian bank. No vendors, no chat, no waiting.
Per 1 BTC • Updates every 60 seconds
Bitcoin cashout for Nigerians has historically been the messiest part of crypto. Monica fixed it by removing every counterparty in the flow: you, your wallet, our settlement engine, your bank. That's it. No middleman, no delay, no rate negotiation. Send BTC, receive ₦, move on with your day.
Once your BTC confirms on-chain, the naira balance updates automatically. Bank withdrawal triggers an NIBSS instant transfer — typical clearing time is well under a minute.
Compare a ₦5,000,000 conversion across platforms: most P2P apps quietly take 1–3% in spread. On Monica, you keep all of it.
Direct settlement to GTBank, Opay, Kuda, Moniepoint, Palmpay, Access, Zenith, UBA, First Bank, Wema, Sterling, FCMB, Fidelity, Stanbic IBTC and 30+ other Nigerian banks. Withdrawals usually clear in under 60 seconds — even on weekends.
KYC is one screen and usually clears in under 4 minutes. Required by NDPC and SEC alignment, but designed to feel like a normal app onboarding.
Top 10 finance app on Google Play in Nigeria. Reviewers consistently mention payout speed and the fact that there's an actual human in support chat.
Used daily by Lagos freelancers, Abuja traders, Port Harcourt importers, and Nigerians in 38 cities across the country. Half a million wallets active and counting.
Four steps from holding BTC on an external wallet to naira sitting in your Nigerian bank account.
Download from Google Play or the App Store. Sign up with your email and complete the one-screen KYC (BVN or NIN).
Open the deposit screen, choose BTC, and select the network (Bitcoin Mainnet, Lightning Network). The address is permanent — save it once and reuse forever.
From Binance, Bybit, Trust Wallet, MetaMask, Phantom, or wherever your BTC lives, paste the Monica deposit address and send. Confirmation typically takes a few minutes.
The moment your deposit confirms, your naira balance updates at the live market rate. Hit Withdraw, pick your bank, type the amount. Funds clear into your account in under a minute.
Bitcoin runs on its own native chain. Monica accepts standard on-chain transactions:
| Network | Confirmation Time | Fee Profile | Best Use Case |
|---|---|---|---|
| Bitcoin Mainnet | ~30 seconds | Negligible fees | Ideal for high-frequency moves |
| Lightning Network | Varies | Network-dependent | Confirm fees in your wallet |
Always match your sending network to the receiving address. Sending BTC on the wrong network can result in lost funds — Monica's app shows the correct network beside every deposit address.
Recent BTC/NGN price movement. Monica gives you the live market rate at the second of conversion — no spread, no markup.
After your BTC converts to naira on Monica, withdrawal flows through NIBSS instant transfer to every commercial bank, fintech wallet, and microfinance bank in the country.
"Paid my supplier in Guangzhou with USDT, cashed the next batch into Monica. Whole loop took 6 minutes."
"Cashed out USDC the day naira tanked. Locked in a great rate while everyone else was still on P2P queues."
"Send BNB, get naira. That's the entire flow. After years of P2P, the simplicity is what hits."
"First time using Monica I was sceptical. Sent 5000 TRX as a test. Three minutes later naira was in my Kuda."
"Got paid 2 USDT from a US client. Monica turned it into ₦1,150,000 sitting in my account before standup ended."
"Tried four crypto apps before this one. Only Monica actually pays out instantly without surprise charges."
Once your BTC transaction confirms on the blockchain — typically 30 seconds to 3 minutes depending on network — naira credits to your Monica balance immediately. Withdrawing to a Nigerian bank takes another 30–60 seconds via NIBSS instant transfer.
There is no minimum deposit on Monica for BTC. Whether you send the equivalent of ₦1,000 or ₦100,000,000, the conversion runs the same way. Just be aware of the network's own minimum (for example, Bitcoin dust limits).
Monica supports BTC on Bitcoin Mainnet, Lightning Network. Always match the network on the sending wallet to the network shown beside your Monica deposit address. The app double-confirms before you copy.
No. Monica charges 0% on conversion and 0% on bank withdrawals. The naira amount displayed in the calculator is exactly what hits your balance and your bank.
Funds are custodied with audited cold storage partners and the platform aligns with NDPC data protection standards and the SEC's Virtual Asset Service Provider framework. The Kudiwave Technologies entity behind Monica is registered in Nigeria.
Monica pulls live mid-market BTC/USD pricing from major exchanges and applies the live USD/NGN rate. The rate locks the moment your deposit confirms — there is no spread between display and execution.
Yes. Monica withdraws to Opay, Kuda, Moniepoint, Palmpay, GTBank, Zenith, Access, UBA, First Bank, and 30+ other Nigerian banks. Digital banks usually clear in under 10 seconds.
Bridging mistakes are rarely recoverable. Always copy the address directly from the Monica app and confirm the network label. If you sent on a network we support but to a wrong wallet, contact support with the transaction hash within 24 hours.
Yes. KYC is one screen — BVN or NIN plus a selfie. Verification usually completes in under 4 minutes. This is required for SEC-aligned compliance.
Same flow, same speed, same zero fees. Tap any coin to view its dedicated page.
Join 500,000+ Nigerians cashing out BTC the easy way. Live rate, 0% fee, naira in your bank in under a minute.
Download Monica