Today on KWIQ: 1 USDT = ₦1,332.25

How You Fit Sell Bitcoin Collect Naira (Pidgin Tutorial)

Short answer: Copy your Bitcoin deposit address from KWIQ app, send your BTC for the normal Bitcoin network, wait make e confirm, then sell am for the rate wey the app show you. Swap to naira no get fee, and you fit withdraw to any Nigerian bank account. Remember say Bitcoin price dey move, so the naira you go get na the rate when you sell, no be when you send.

Bitcoin na one of the coins wey Nigerians dey sell pass. If you get am for exchange, for Trust Wallet, or person send you from abroad, this na how you go take turn am to naira.

Step by step

  1. Open your Bitcoin (BTC) wallet for KWIQ app and press deposit.
  2. Copy the address. Bitcoin address dey start with 1, 3 or bc1. If you wan double check, use our address checker.
  3. Go where your Bitcoin dey and press send or withdraw. Choose the normal Bitcoin network. If your app ask for Lightning, no choose am, unless KWIQ deposit screen show Lightning.
  4. Send. Then wait make e confirm for blockchain.
  5. When e land, sell am. You go see the rate and the exact naira before you confirm. Swap to naira no get fee.
  6. Withdraw to any Nigerian bank. The money go land in just 4 seconds.

Make you sabi this about price

Bitcoin no be stable coin. Price fit move while your transfer dey confirm. So:

  • If you need exact money for one thing, sell as e land.
  • If price fall and you no need the money now, you fit hold am for your KWIQ wallet and sell later. Nobody go force you.
  • You fit sell half now, half later.

Read more for English: which rate you go get if Bitcoin price change while e dey come.

Fee to send Bitcoin

The person wey dey send dey pay the network fee. If you dey send from exchange, dem go collect their own withdrawal fee. For small amount, the fee fit chop big part, so check am before you send. Our post on selling small Bitcoin explain am well.

Check the rate

See today's Bitcoin to naira rate anytime, or read the English guide on how to sell Bitcoin for naira. KWIQ don dey since 2017 with more than 100,000 users, and support dey 24/7.

More tutorials for Pidgin dey here.

Download KWIQ app or open account for web.

Frequently asked questions

Bitcoin dey take how long before e enter my KWIQ wallet?

E depend on how busy the Bitcoin network be and the fee wey you pay. Plenty transfers dey confirm under one hour. If you pay very small fee, e fit take longer.

If Bitcoin price fall while e dey come, wetin go happen?

The rate wey you go get na the one wey the app show when you confirm the sale. If price move while your Bitcoin dey confirm, the naira go follow the new price, up or down.

I fit sell small Bitcoin?

Yes, but check the fee to send am first. If the fee too big compared to the amount, wait make am gather small before you send.

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