Convert BTC to naira and withdraw to any Yaba bank account in under a minute. No vendors, no waiting, no scams.
Per 1 BTC • Updates every 60 seconds
Selling crypto in Yaba works exactly the same way it works anywhere else in Nigeria: download Monica, deposit your coin, withdraw naira to your local bank. What's different in Yaba is the local context — education and tech hub home to lagos's largest student crypto community and the original yabacon valley startup district. — and the specific banks Yaba residents tend to use. This page covers both, plus the small things that make the conversion experience feel local rather than national.
Yaba accounts at GTBank, Opay, and other local banks receive payouts via NIBSS in seconds, not minutes.
Monica is the counterparty — no third-party vendors, no escrow theatre, no "send first" arrangements. Yaba users moved away from P2P specifically because of this.
The naira amount in the calculator is the naira amount that hits your Yaba bank. No spread, no hidden cuts, no withdrawal fees.
~5,000 verified Monica users in and around Yaba. The app's reputation is solid — ask anyone in your network who already uses it.
Conversion engine and bank rails work continuously. Sunday-night cashouts in Yaba clear at the same speed as Tuesday-morning ones.
In-app live chat with a real person, average response time under two minutes. Yaba users get the same support quality as Lagos VIPs.
Get the app on Google Play or App Store. Sign up with your email; KYC takes one screen and clears in minutes.
Open the deposit screen, choose your coin (BTC, USDT, ETH, USDC, SOL, BNB, TRX, or any of 9 supported assets), copy the address.
From Binance, Trust Wallet, MetaMask, Phantom, Bybit — wherever your crypto lives. Match the network on both ends and send.
Naira credits to your Monica balance the moment your deposit confirms on-chain. Hit Withdraw, pick your bank, type the amount. Done.
Yaba Monica users most commonly receive payouts to: GTBank, Opay, Kuda, Moniepoint, Access Bank, Palmpay. All NIBSS-connected banks are supported, including digital banks and microfinance banks.
All 16 coins supported across the Monica platform are available to Yaba users. The most-converted in Yaba are USDT (for foreign supplier payments) and BTC (for high-value cashouts).
"Got paid 0.05 USDC from a US client. Monica turned it into ₦8,200,000 sitting in my account before standup ended."
"Cashed out BNB the day naira tanked. Locked in a great rate while everyone else was still on P2P queues."
"I run a small import business — moved ₦1,950,000 through Monica last month. Zero issues, zero fees, zero stress."
"First time using Monica I was sceptical. Sent 1.2 ETH as a test. Three minutes later naira was in my Zenith Bank."
"Switched from Busha after one too many delayed payouts. Monica converted 2 BNB in 47 seconds — I timed it."
"The best part isn't the speed. It's that I never have to argue with a vendor about rate again."
Yes. Monica works everywhere in Nigeria including Yaba. The app is the same nationwide — same KYC, same conversion engine, same payout rails. Yaba users typically withdraw to GTBank, Opay, and other local banks.
Withdrawals to all major banks in Yaba clear via NIBSS instant transfer. Digital banks (Opay, Kuda, Moniepoint, Palmpay) typically clear in under 10 seconds. Tier-1 commercial banks (GTBank, Zenith, Access, First Bank) clear in 30–60 seconds. Same speeds you'd get anywhere in Nigeria.
Yes. USDT is one of Monica's most-used coins in Yaba. Same flow as Bitcoin: send USDT (TRC-20, ERC-20, BEP-20, or Solana) to your Monica address, naira credits automatically at the live rate.
Monica is a fully digital service — no physical offices required. The app handles deposits, conversion, KYC, and bank payouts entirely online. Customer support is available 24/7 inside the app.
All commercial and digital banks operating in Yaba are supported. Yaba users most commonly withdraw to GTBank, Opay, Kuda, Moniepoint, Access Bank, Palmpay. Digital banks clear fastest; tier-1 commercial banks have the highest individual transaction limits.
Verified accounts can sell up to ₦50,000,000 of crypto per 24 hours. Higher limits are available for verified business accounts — common for Yaba importers and traders moving USDT for supplier payments. Contact support to lift limits.
Yes. Following the CBN's December 2023 reversal of its 2021 banking restriction and the SEC's VASP framework, crypto-to-naira conversion is legal across Nigeria including Yaba. Monica operates within this framework.
No. Monica charges 0% on every transaction nationwide. The Yaba payout uses the same NIBSS instant rail as everywhere else, with zero withdrawal fees.
Join ~5,000 Yaba users converting crypto to naira at the live rate, 0% fee, sub-minute payout.
Download Monica