There are a lot of cryptocurrency wallets in Nigeria; some are legit, while most of them are scams. To identify the best and the trusted ones, I have listed and explained the best cryptocurrency wallet you can trade within Nigeria in 2022.
What is Cryptocurrency Wallet?
A Crypto wallet is a place where your cryptocurrency private keys are stored, it keeps crypto coins and gives the opportunity to access them. With a crypto wallet, you can sell, buy and send cryptocurrencies like BTC, LTC, XRP, ETH, and more.
Best Cryptocurrency Wallet in Nigeria
The best cryptocurrency wallet you can store your crypto asset online include;
Coinbase Bitcoin Wallet
Coinbase bitcoin wallet is a decentralized cryptocurrency exchange that allows users to store, buy, sell, and receive cryptocurrencies. It accepted BTC, BCH, LTC, ETH, ETC, XRP, XLM, DOGE, and all ERC-20 tokens. With the Coinbase wallet, users can send and receive Bitcoins anywhere, and it is easy and secure.
Coinbase has over 73 million verified users and 100+ users. It allows its users to explore their wallet on the mobile app and also allow them to store their NFTs safely. So if you are willing to open a bitcoin wallet account, I suggest you select Coinbase.
Luno Bitcoin Wallet
Luno is a cryptocurrency exchange platform that allows users to trade, buy and sell crypto on their wallets. It allows users to store bitcoin, XRP, Litecoin, Ethereum, and USDT on their wallets with an interface that displays the up and down of the crypto coin. With Luno, you can invest your cryptocurrency and receive 7.60% interest on it monthly without paying a withdrawal or deposit fee. The Luno savings is available for Bitcoin, Usdt, and Ethereum only.
Luno builds a solid and efficient ecosystem that allows its users to send and receive faster than other cryptocurrency platforms. One of the great benefits of Luno is that they educate their customers on cryptocurrency. Luno has a mobile app, and you can get it on the play store or app store to enjoy their WhatsApp.
Quidax is a cryptocurrency exchange platform that ensures its customers fast, safe and secure transactions on its wallet. It is the easiest place to buy & sell Crypto NFT’s DeFi and CeFi. With quidax, you can launch your token, Access Quidax’s depth and liquidity to fund your project. Quidox supported Bitcoin (BTC), Ethereum Ether (ETH), Ripple (XRP), Litecoin (LTC), Dash (DASH), Tether (USDT), Tron (TRX), Quidax Coin (QDX), and they promise to add more to satisfy their users. To get started with them, download their app on the play store or Appstore.
Coinomi is a BLOCKCHAIN WALLET founded in 2014. It is one of the oldest multi-chain wallets and is trusted by thousands of users, and it supports a variety of cryptocurrencies. It allows its user to securely store, manage and exchange Bitcoin, Ethereum, and other blockchain assets with its fast inbuilt exchange.
Coinomi has superb security that no one has ever hacked. Moreover, its customer service report is always active, and it charges zero fees when you transact with them. To get started, you can download their app on ios, android, and windows.
Bitpay Bitcoin Wallet
The bitpay bitcoin wallet is a secured blockchain technology founded in 2011. Bitpay wallet allows its customers to store, sell, buy and send crypto coins. The wallet has a clear user interface, and it is available on android and desktop. In addition, Bitpay wallet supports multiple languages, and it displays prices in about 150 currencies.
Trust wallet is the most trusted & secure crypto wallet that enables users to Buy, store, collect NFTs, exchange & earn crypto. This exchange platform has over 25 million people, and it holds a variety of cryptocurrencies. With trust wallets, no one can access your wallet, and they don’t collect any personal data when signing up with them. In addition, you can use decentralized apps without leaving your wallet.
Kraken wallet is one of the oldest bitcoin exchanges, and it is among the best places to buy and sell crypto online. With $10, you can start trading on Kraken, it operates on low fees and has over 50 cryptocurrencies in its exchange. In addition, users can withdraw fiat money. So if you are new to the crypto world and you are thinking of where to get started, you can join Kraken, download their mobile app, and benefit from its feature.
Buycoins Bitcoin Wallet
Buycoins is an Africa exchange platform that allows its customers to buy and sell cryptocurrencies like BTC, Eth, Tesla, and Amazon. With N500, you can start trading and buying stocks on buycoins. Any transaction done on bitcoin is always processed within seconds. It exchanges ensure customers’ transactions (withdraw and deposit) run smoothly and faster. Whenever you refer a new user to buycoin you will earn free BTC. SO to get started with Buycoin bitcoin wallet, download their app on Appstore and play store.
Remitano is a blockchain technology that provides escrowed p2p cryptocurrency marketplace for people to buy and sell tokens. It is fast in performing a transaction, and its customer service is quick in solving any problem that might occur. It offers service that includes P2P Exchange, Remitano Invest, Remitano Swap, Wallets, and Affiliate program. Its affiliate program allows you to earn whenever you refer a new user to them. It has an open user interface and low cost in transactions. The cryptocurrency Remitano accept on its wallet include Bitcoin BTC, Ethereum ETH, Litecoin LTC, Bitcoin Cash BCH, Ripple XRP, and Tether USDT.
Paxful wallet is a blockchain technology that allows users to buy and sell digital currencies using over 350 different payment methods. With Paxful, you can send and receive any cryptocurrency, earn income when referring a new user, and purchase gift cards.
Paxful is easy to use, and it is secure to keep your crypto assets. Paxful has over 6 million users with 2,000,000+ wallets, and its payment method is convenient for users. Sign up using your browser or download their app on the play store or AppStor to get started with them.
If you are thinking of creating a cryptocurrency wallet, sign up with busha wallet. Busha wallet is an exchange platform that gives the opportunity to save, buy, sell, and send your cryptocurrencies. In addition, it enables its users to deposit fiat and use it to perform any transaction.
Busha gives the opportunity to borrow a loan, save and earn 10% monthly. The trading platform is legit and trusted, so to get started, sign up with them on and download the busha app on the play store or AppStore
The Patricia wallet is an easy-to-use technology that allows users to buy and sell cryptocurrency with is secure exchange. It is an exchange platform that allows users to buy a gift card, international airtime, refill data, and pay bills with crypto coins. It supports Fiat and Bitcoin wallets, and its user interface is excellent. The cryptocurrency Patricia approved in his exchange includes Bitcoin, PayPal, Perfect Money, USD, NGN, GHS, and AED.
Frequently Asked Questions (FAQs)
Can Nigerians use Coinbase wallet?
Yes, Nigerians can use Coinbase to buy, sell and send bitcoin to anybody anywhere.
How to open a Bitcoin account in Nigeria
To open a bitcoin account in Nigeria, kindly select a blockchain technology like Luno, Coinbase, Patricia, and others to create an account, buy, sell, send and store bitcoin on your wallet.
How do I withdraw bitcoin to my bank account in Nigeria?
To withdraw bitcoin to your Nigeria bank account, all required from you is to sell the coin to people willing to buy it or sell it on the platform that holds your coin for you. For instance, if you are using Luno, you can sell your coin to them with a click, and they will credit your account immediately.