Buy Bitcoin with naira in Nigeria
You can buy BTC with naira in the KWIQ app, from KWIQ itself rather than from a P2P seller. Open your Bitcoin wallet, choose to buy, check the buy rate the app shows and confirm only if it suits you.
How to buy BTC on KWIQ
- Step 1
Get the KWIQ app
Download KWIQ from Google Play or the App Store and sign up.
- Step 2
Open your Bitcoin wallet
Find Bitcoin in the app and choose to buy it with naira.
- Step 3
Check the buy rate
The app shows the buy rate before you confirm. If it doesn’t suit you, stop there.
- Step 4
Confirm and keep it safe
Your BTC lands in your KWIQ wallet, ready to hold, send or sell back.
Why people buy Bitcoin
Bitcoin is the largest cryptocurrency and the one most Nigerians are paid in or hold for the long term. People usually buy Bitcoin to hold it for the long term, a little at a time.
Crypto prices can fall as well as rise, so only buy what you can afford to see drop in value. This page explains how buying works and isn't investment advice.
Buying on KWIQ
- KWIQ also sells crypto: every coin KWIQ has a wallet for can be bought with naira in the app, as well as sold.
- The same wallet lets you sell the coin back for naira when you need to.
- Customer support is available 24/7 in the app and on kwiq.app.
What to compare before you buy
Buy prices are higher than sell prices on every platform, and the gap is called the spread. Our guide to buy and sell rates explains it. The figure to compare is the total naira you pay for the amount of BTC that actually arrives.
The rates published on this site are what KWIQ pays when you sell, so use them only if you're selling: Bitcoin to naira rate. The buy rate is in the app.
Why not buy on P2P?
P2P can work, but a stranger is involved:
- You wait for a stranger to pay, and some buyers never do.
- Fake bank alerts and payment screenshots are a common scam.
- Payments from third-party accounts can be reversed or get your account flagged.
- Rates and limits change from buyer to buyer.
Sending your BTC somewhere else
If you move BTC out of KWIQ, use the network the receiving wallet supports. The two must match.
- Paste addresses instead of typing them, then check the first and last few characters.
- Send a small test amount the first time you use a new address.
- Never share your password, PIN, one-time codes or wallet recovery phrase with anyone.
