Exchanging naira to e currencies and exchanging e currencies to Naira is always stressful in Nigeria. This is because the banks don’t offer the service. You will to find someone to exchange with, which is quite difficult to find.
And in most cases, You will end up losing your funds to a scammer. However, you can still exchange currencies in Nigeria without any issues. How? relax and read.
Alao check: 5 Best WebMoney Exchanger in Nigeria
One of the best ways to exchange e-currency in Nigeria is through e-currency exchangers. But how can you find them? Don’t worry about that.
In this post, we are going to give you a list of the top 10 e-currency exchangers in Nigeria. So let’s get in.
What is an e-currency exchanger?
An e-currency exchanger is a platform or individual that specializes in exchanging one E-currency for another. Those currencies include bitcoin, PayPal funds, skrill,WebMoney etc
How does e-currency exchange work
Let for instance you are being paid to your Paypal account or WebMoney, but you can’t withdraw the funds directly to Nigerian banks. So, you will need to find an exchanger.
When you find an exchanger, you will transfer the fund to the exchanger’s Paypal or WebMoney account, then the exchanger will transfer naira to your bank account based on the rate you both agreed on.
Furthermore, you can also exchange e-currency with e-currency. Like Paypal to bitcoin and vice versa. However, there are some exchange platforms that will issue you a virtual card for easier transactions.
Top 10 e-currency exchangers in Nigeria
If you have been looking for the best e-currency exchangers in Nigeria, but haven’t found any, below is the list of top 10 e-currency exchangers in Nigeria
1. Naira4Dollar
The best and oldest e-currency exchanger in Nigeria is Naira4dollar. The platform has been existing for a decade and is still considered one of the trusted exchangers in Nigeria.
Naira4dollar is not just a website designed for exchanging, but an exchanging brand with physical offices in Lagos and Ibadan.
Read: Naira4dollar review: Does naira4dollar.com worth using
Some of the currencies available on Naira4dollar;
- Bitcoin
- USDT
- PM
- Paypal
- Perfect Money
- Etherium
- ETC
2. Naira2USD
Another popular e-currency exchanger in Nigeria is Naira2USD. One of the things I love about this exchange platform is simplicity. You don’t need to undergo ID or address verification steps, just get an account and transact.
Some of the currencies available on Naira2USD
- Perfect Money
- BTC
- Ethereum
- Neteller
- BNB
- Litcoin
- ETC
3. InstantGold
InstantGold is another popular e-currency exchanger in Nigeria. Their exchange rate and the service are not that bad. However, there are a few bad reviews about them from some of the users.
Some of the currencies available on InstantGold;
- Bitcoin
- Perfect Money
- Etherium
- Paypal
- ETC
4. Paybis
Are you looking for a fast and easy Digital currency exchanger in Nigeria? here is Paybis for you. It is one of the top-rated and trusted e-currency exchangers so far.
You can buy different currencies on the platform and sell them as well. And another interesting part is the multiple payment options and mobile app.
Some of the currencies available on Paybis;
- Neteller
- BTC
- Skrill
- ETC
5. InstantExchangers
When it comes to crypto trading and exchanging, instantExchanger is one of the best. Punch news Nigeria also wrote that the InstantExchanger is the best place to exchange crypto in Nigeria.
You can simply buy, sell, or exchange almost every cryptocurrency on their official website or mobile app. However, you should avoid trading on social media.
6. Topupgold
TopUpGold is not just an exchange platform, but e currency marketplace. You can buy, sell, or exchange various digital currencies on the platform with ease.
The platform has been operating since 2013, by now it should have closed down if not because of its legitimacy and amazing customer support.
Some currencies available Topupgold;
- Bitcoin
- Skrill
- Neteller
- Perfect Money
- USDT
- BUSD
- BNB
- Ethereum (ETH).
7. Online Naira
Online naira is one of the good e-currency exchangers in Nigeria with additional features. The platforms support betting and lottery, however, they don’t specialize in crypto exchanging.
If you will need to exchange crypto, you should consider one of the above or below exchangers for the best result.
Some of the e-currencies available on Online Naira;
- PayPal
- Payoneer
- Perfect Money
- Advcash
- Web Money
8. TrueXgold
Do you want to buy, sell or exchange many digital currencies? TrueXgold is a platform where you can exchange over fifty (50) difference e currencies.
It also offers an affiliate program that allows users to make money by referring new users. I
Some of the currencies available on TrueXgold;
- Perfect Money
- Bitcoin
- Advanced cash,
- payeer
- Ethereum
- binary
- planetofbets
- ETC
9. eTradeXchange
eTradeXchange is a new exchanger in the market compared to the ones listed above. However, they seem legit because there are no red flags about them yet.
Although, some users do complain about the site’s regular downtime, still, they are money is safe. You should note that they only trade e-currencies.
10. Nigeria Gold Exchange
Nigeria Gold Exchange is a port Harcourt-based exchanging platform. However, their official website makes it available for everyone.
They deal with different e-currencies and payment services. It is also one of the most popular and trusted exchangers in Nigeria.
Some of the currencies available on NGE;
- Paypal
- Bitcoin
- Skrill
- Perfect Money
- Etherium
- USDT
- etc
FAQs – Frequently asked questions
Can digital currency be exchanged?
Yes. With the help of digital currency exchangers, you can exchange any digital currency at any time and anywhere. Although, it does come with charges.
How does e-currency exchange work?
E-currency exchanging simply means giving out a digital currency in exchange for another digital currency. You give Mr. A the currency you have to get the one you need.
How do e-currency exchangers make money?
E-currency exchangers make money for the rate they buy and the rate they sell. They buy at lower prices and sell or exchange at higher prices.
Final thoughts on top 10 e-currency exchangers in Nigeria
Almost every e-currency can be exchanged in Nigeria. The number of exchangers in the country is increasing every month. That is good news, but wait?
Are they all legit? of course no. Not all are legit and not all are scams. That’s why it is important to check the authentication of any exchange platform before using it.
Thanks for reading our article on the top 10 e-currency exchangers in Nigeria. We hope you read more of our articles.
