Send USDT 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 USDT • Updates every 60 seconds
Selling Tether in Nigeria used to mean opening a Telegram group, hoping a vendor wasn't a scammer, sending the USDT, and waiting hours for naira that sometimes never arrived. Tether on Monica works in the opposite direction: you send the coin to a permanent wallet address, the system credits naira directly to your balance, and you withdraw to your bank in under a minute. No chat, no vendor, no waiting room.
Once your USDT confirms on-chain, the naira balance updates automatically. Bank withdrawal triggers an NIBSS instant transfer — typical clearing time is well under a minute.
Zero transaction fees. The rate you see on the calculator is the rate you receive in naira — no spread tricks, no withdrawal charges, no surprise deductions.
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.
BVN, NIN, or government ID — pick one, take a selfie, you're verified. No video calls, no document re-uploads, no waiting three business days.
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.
500,000+ verified Nigerian users. ₦400+ billion in lifetime processed volume across crypto-to-naira conversions. Roughly half our active base trades USDT weekly.
Four steps from holding USDT 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 USDT, and select the network (TRC-20, ERC-20). The address is permanent — save it once and reuse forever.
From Binance, Bybit, Trust Wallet, MetaMask, Phantom, or wherever your USDT 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.
USDT lives across multiple chains and the network you choose dictates fees and confirmation time. Monica supports the four that matter for Nigerian users:
| Network | Confirmation Time | Fee Profile | Best Use Case |
|---|---|---|---|
| TRC-20 | ~3 seconds | Cheapest fees (~$1) | Most popular for USDT in Nigeria |
| ERC-20 | 1–3 minutes | Higher gas (varies) | Standard for ETH-based wallets |
| BEP-20 | ~5 seconds | Very low fees | Best if you're coming from Binance |
| Solana | ~30 seconds | Negligible fees | Ideal for high-frequency moves |
Always match your sending network to the receiving address. Sending USDT on the wrong network can result in lost funds — Monica's app shows the correct network beside every deposit address.
Recent USDT/NGN price movement. Monica gives you the live market rate at the second of conversion — no spread, no markup.
After your USDT converts to naira on Monica, withdrawal flows through NIBSS instant transfer to every commercial bank, fintech wallet, and microfinance bank in the country.
"Used to dread P2P weekends. Now I deposit BNB, payout drops in Moniepoint same minute. No vendors, no haggling."
"First time using Monica I was sceptical. Sent 1.2 BNB as a test. Three minutes later naira was in my Kuda."
"Send ETH, get naira. That's the entire flow. After years of P2P, the simplicity is what hits."
"Switched from Roqqu after one too many delayed payouts. Monica converted 0.12 SOL in 47 seconds — I timed it."
"Got my UBA debit card credited at 11:47pm on a public holiday. USDC payout in under a minute."
"Used to dread P2P weekends. Now I deposit SOL, payout drops in UBA same minute. No vendors, no haggling."
Once your USDT 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 USDT. 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 USDT on TRC-20, ERC-20, BEP-20, Solana. 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 USDT/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 USDT the easy way. Live rate, 0% fee, naira in your bank in under a minute.
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