10 Binance Alternatives to Sell Bitcoin in Nigeria

Binance Alternatives to Sell Bitcoin: Cryptocurrency trading has gained immense popularity in recent years, with Bitcoin emerging as a leading digital asset. In Nigeria, as in many other countries, Binance has been a prominent platform for buying and selling Bitcoin. However, the crypto landscape is dynamic, and users often look for alternatives for various reasons, such as regulatory changes, trading features, or customer support.

Binance Alternatives to Sell Bitcoin

In this article, we will explore 10 Binance alternatives to sell Bitcoin in Nigeria, with a focus on the platform called Dtunes, and also discuss their unique features and benefits.

Dtunes: A promising Bitcoin Exchange in Nigeria

Dtunes is a rapidly growing cryptocurrency exchange based in Nigeria. It has gained popularity for its user-friendly interface and commitment to providing a secure and efficient platform for trading Bitcoin. With Dtunes, Nigerian users can easily buy and sell Bitcoin, making it a top choice as one of the Binance alternatives to sell Bitcoin in Nigeria.

Key Features of Dtunes:

• User-Friendly Interface: Dtunes offers a simple and intuitive interface, making it easy for both beginners and experienced traders to navigate the platform.
• Security: Security is a top priority for Dtunes, and they employ advanced security measures to protect user assets and information.
• Fast Transactions: Dtunes ensures quick transaction processing, enabling users to buy or sell Bitcoin without delays.
• Customer Support: The platform provides responsive customer support to assist users with any queries or issues they may encounter.
• Nigerian Naira (NGN) Support: Dtunes facilitates trading with the local currency, NGN, making it convenient for Nigerian users.
• Mobile App: Dtunes offers a mobile app, allowing users to trade Bitcoin on the go.

Luno

Luno is another well-established cryptocurrency exchange that caters to the Nigerian market. Originally known as BitX, Luno has gained a strong reputation for its reliability and user-friendly interface. It offers a straightforward way to buy and sell Bitcoin in Nigeria.

Key Features of Luno:

• Easy to Use: Luno’s platform is designed for simplicity, making it an excellent choice for beginners.
• High Liquidity: Luno provides high liquidity for Bitcoin trading, ensuring that users can easily execute their orders.
• Wallet Service: Luno offers a secure wallet service for storing Bitcoin and other cryptocurrencies.
• Educational Resources: The platform provides educational resources to help users learn more about cryptocurrency trading.

Coinbase

Coinbase is a well-known global cryptocurrency exchange that is accessible to Nigerian users. It offers a wide range of cryptocurrencies for trading, including Bitcoin. While Coinbase is not specific to the Nigerian market, it provides a reliable platform for traders in the country, thereby making it a Binance alternative to sell Bitcoin in Nigeria.

Key Features of Coinbase:

• Security: Coinbase is known for its strong security measures and commitment to safeguarding user funds.
• Variety of Cryptocurrencies: The exchange offers a vast selection of cryptocurrencies for trading.
• Advanced Trading Features: Coinbase provides advanced trading features for experienced traders.

Quidax

Quidax is a Nigerian cryptocurrency exchange that has gained prominence in recent years. It allows users to buy, sell, and trade a variety of cryptocurrencies, including Bitcoin, Ethereum, and Ripple. Quidax offers a seamless experience for Nigerian users looking for a Binance alternative to sell Bitcoin in Nigeria.

Key Features of Quidax:

• Multiple Cryptocurrencies: Quidax supports a wide range of cryptocurrencies, allowing users to diversify their portfolio.
• Quick Verification: Quidax offers a fast and straightforward verification process, reducing the time it takes to start trading.
• Competitive Fees: The platform has competitive fees, making it cost-effective for traders.
• Mobile App: Quidax offers a mobile app for convenient trading on smartphones.

Buycoins

BuyCoins is a Nigerian cryptocurrency exchange that provides a simple and efficient platform for buying and selling Bitcoin and other cryptocurrencies. The platform is known for its reliability and transparency, making it a suitable Binance alternative to sell Bitcoin for Nigerian traders.

Key Features of BuyCoins:

• Instant Settlement: BuyCoins offers instant settlement of trades, allowing users to access their funds without delays.
• Secure Wallet: The platform provides a secure wallet service for storing cryptocurrencies.
• Peer-to-Peer Trading: BuyCoins allows users to trade directly with one another through a peer-to-peer marketplace.
• Competitive Rates: BuyCoins offers competitive rates for buying and selling Bitcoin.

Yellow Card

Yellow Card is a cryptocurrency exchange that focuses on making Bitcoin and other cryptocurrencies accessible to users in Nigeria and other African countries. It offers various methods for buying and selling Bitcoin, including cash deposits and mobile money and it is a Binance alternative to sell Bitcoin.

Key Features of Yellow Card:

• Cash Payments: Yellow Card allows users to buy and sell Bitcoin with cash at local stores and agents, making it accessible to those without a bank account.
• Mobile Money: Users can also use mobile money services to trade Bitcoin on the platform.
• Education: Yellow Card provides educational resources to help users understand cryptocurrencies better.

Remitano

Remitano is a global peer-to-peer cryptocurrency exchange that has gained popularity in Nigeria. It connects buyers and sellers directly and offers an escrow service to ensure secure transactions. Nigerian users can easily buy and sell Bitcoin on Remitano, making it a Binance alternative to sell Bitcoin

Key Features of Remitano:

• Escrow Service: Remitano holds the cryptocurrency in escrow until the transaction is completed, ensuring security for both parties.
• Multiple Payment Options: Users can choose from various payment options, including bank transfers and mobile money.
• Customer Support: Remitano offers customer support to assist users with any issues.

NairaEx

NairaEx is a Nigerian cryptocurrency exchange that has been serving the local market for several years. It provides a platform for buying and selling Bitcoin and offers competitive rates for Nigerian users.

Key Features of NairaEx:

• Local Bank Transfers: NairaEx supports local bank transfers for deposits and withdrawals.
• Low Fees: The platform charges low fees for trading and withdrawals.
• User-Friendly Interface: NairaEx offers a straightforward interface for easy navigation.

Patricia

Patricia is a Nigerian cryptocurrency exchange that serves not only the Nigerian market. It allows users to trade Bitcoin and various other cryptocurrencies. Patricia is a reliable platform for Nigerian users looking to buy and sell Bitcoin.

Key Features of Patricia:

• Multiple Cryptocurrencies: Patricia supports a range of cryptocurrencies, providing users with options for diversification.
• Security: The platform employs robust security measures to protect user assets.
• Competitive Fees: Patricia offers competitive trading fees.

NaijaCrypto

NaijaCrypto is a Nigerian cryptocurrency exchange that provides a platform for buying and selling Bitcoin and other digital assets. It aims to offer a secure and user-friendly experience for Nigerian traders.

Key Features of NaijaCrypto:

• Nigerian Naira (NGN) Support: NaijaCrypto facilitates trading with the local currency, NGN.
• Low Fees: The platform offers competitive trading fees.
• Customer Support: NaijaCrypto provides customer support to assist users with their inquiries.

How to Sell Bitcoin in Nigeria

Sellin Bitcoin in Nigeria involves several steps, and the process can vary depending on the platform or method you choose. Here is a step-by-step guide on how to sell Bitcoin in Nigeria on Dtunes:

• Log into your account
• Click on “Trade Crypto” on the homepage
• Choose “Trade Crypto”

• Choose the type of crypto you want to sell (BTC in this case) and ‘continue’
• Enter the amount, and proceed to trade.

Earn Big on Dtunes as You Trade

If you didn’t know you could earn while you trade on Dtunes, well, now you know. You can refer your family and friends to Dtunes and earn a certain percentage when they trade.

Go to Settings and share your referral tag, under “Refer and earn” to start earning today!

Conclusion

While Binance has been a popular choice for buying and selling Bitcoin in Nigeria, there are several alternatives available to cater to the diverse needs and preferences of users. Each of the mentioned alternatives has its unique features and advantages, and so it’s up to you to decide based on what you want.