Send XRP 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 XRP • Updates every 60 seconds
If you've been moving XRP (Ripple) on a P2P platform, you already know the dance — vendor disappears, payment marked as released without naira hitting your account, support takes 48 hours. Monica handles XRP differently. The deposit address is yours forever, the conversion runs on our automated rails, and the naira drops in your bank automatically. The only manual step is choosing how much you want to withdraw.
Once your XRP confirms on-chain, the naira balance updates automatically. Bank withdrawal triggers an NIBSS instant transfer — typical clearing time is well under a minute.
0% fees, on every transaction, every day. We make money on volume and partnerships, not by skimming small percentages off your conversion.
Every bank that accepts NIBSS instant transfer works with Monica. That's 40+ commercial and digital banks, including Carbon, VBank, Sparkle, FairMoney, and Renmoney.
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 XRP 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 XRP, and select the network (XRP Ledger). The address is permanent — save it once and reuse forever.
From Binance, Bybit, Trust Wallet, MetaMask, Phantom, or wherever your XRP 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.
XRP (Ripple) runs on the following networks supported by Monica:
| Network | Confirmation Time | Fee Profile | Best Use Case |
|---|---|---|---|
| XRP Ledger | Varies | Network-dependent | Confirm fees in your wallet |
Always match your sending network to the receiving address. Sending XRP on the wrong network can result in lost funds — Monica's app shows the correct network beside every deposit address.
Recent XRP/NGN price movement. Monica gives you the live market rate at the second of conversion — no spread, no markup.
After your XRP converts to naira on Monica, withdrawal flows through NIBSS instant transfer to every commercial bank, fintech wallet, and microfinance bank in the country.
"Got paid 12000 BNB from a US client. Monica turned it into ₦350,000 sitting in my account before standup ended."
"First time using Monica I was sceptical. Sent 5000 BTC as a test. Three minutes later naira was in my Palmpay."
"Got my Palmpay debit card credited at 11:47pm on a public holiday. USDC payout in under a minute."
"Tried four crypto apps before this one. Only Monica actually pays out instantly without surprise charges."
"Honestly thought 0% fees was marketing nonsense until I checked the maths on three transactions."
"Paid my supplier in Guangzhou with USDT, cashed the next batch into Monica. Whole loop took 6 minutes."
Once your XRP 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 XRP. 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 XRP on XRP Ledger. 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 XRP/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 XRP the easy way. Live rate, 0% fee, naira in your bank in under a minute.
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