Live BTC/NGN Rate & Instant Calculator
Zero fees. Naira paid to your Nigerian bank account in 5–15 minutes. Accepts BTC, USDT, ETH, LTC, DOGE, and BCH.
Sell BTC Now →Live Rate · CoinGecko API
Enter any amount to get the live NGN value. Rate updates every 60 seconds via CoinGecko API. Actual payout may vary ±0.5–2% by platform.
Live Calculator · Updates every 60 s
Live mid-market rate via CoinGecko. Actual payout may vary ±0.5–2% by platform.
Step by step
Selling Bitcoin for Naira takes four steps. The whole process typically takes under 20 minutes for first-time users and under 10 minutes for returning ones.
Create a free account on platov.co
Register with your email and phone number. No upfront fee. Basic identity verification is required to unlock NGN withdrawal: government-issued ID (NIN, voter’s card, international passport, or driver’s licence) and a selfie. Nigeria’s Investments and Securities Act (ISA 2025) requires BVN, NIN, and TIN on all licensed platforms.
Add your Nigerian bank account
Go to withdrawal settings and add your bank account number. The platform looks up your bank name via BVN lookup. Supported banks include GTBank, Access Bank, Zenith Bank, UBA, First Bank, Stanbic IBTC, Fidelity Bank, FCMB, Wema Bank, Opay, Kuda, and all other major Nigerian commercial banks.
Send your Bitcoin to the deposit address
Navigate to the deposit section, select BTC, and copy the wallet address. Send from any external wallet. Always double-check the address before confirming. Bitcoin requires 1–3 confirmations (10–30 minutes) before appearing as available balance.
Sell and receive naira
Once the deposit is credited, go to the sell screen, enter your BTC amount, confirm the quoted NGN rate, and submit the withdrawal to your saved bank account. Naira arrives in 5–15 minutes. You will receive SMS and email confirmation when the transfer is sent.
Platform comparison · May 2026
Five platforms currently offer NGN withdrawals to Nigerian bank accounts. The comparison below is based on hands-on testing conducted in May 2026.
| # | Platform | Accepted coins | Fee | NGN payout | Min. amount | KYC | Rating |
|---|---|---|---|---|---|---|---|
| 1 | Platov.co | USDT, BTC, ETH, LTC, DOGE, BCH | 0% | 5–15 min | $10 | Basic ID | ★★★★★ 4.9 |
| 2 | Breet | USDT, BTC, LTC, DOGE | 0% (spread ~1.5%) | 5–30 min | None | BVN + ID | ★★★★☆ 4.3 |
| 3 | Bybit P2P | USDT, BTC, ETH, BNB | 0% (spread 1–3%) | 15 min–2 h | ₦500 | BVN + NIN + TIN | ★★★★☆ 4.1 |
| 4 | Quidax | BTC, ETH, USDT, XRP | 0.5–1.5% | 1–3 h | $10 | Full KYC | ★★★★☆ 3.8 |
| 5 | Luno | BTC, ETH, XRP, USDC | 0.1–1% | 1–24 h | $50 | Full KYC | ★★★☆☆ 3.7 |
Ratings based on payout speed tests, fee analysis, and user reviews. Last updated May 2026.
All amounts · live API
Pre-calculated values from 0.00001 BTC to 200 BTC. Powered by CoinGecko API — values update every 60 seconds automatically.
| BTC Amount | NGN Value (live) | Satoshi Equivalent |
|---|---|---|
| 0.00001 BTC | Loading… | 1,000 sat |
| 0.0001 BTC | Loading… | 10,000 sat |
| 0.001 BTC | Loading… | 100,000 sat |
| 0.01 BTC | Loading… | 1,000,000 sat |
| 0.1 BTC | Loading… | 10,000,000 sat |
| 0.5 BTC | Loading… | 50,000,000 sat |
| 1 BTC | Loading… | 100,000,000 sat |
| 5 BTC | Loading… | 500,000,000 sat |
| 10 BTC | Loading… | 1,000,000,000 sat |
| 100 BTC | Loading… | 10,000,000,000 sat |
| 200 BTC | Loading… | 20,000,000,000 sat |
Values update every 60 seconds via CoinGecko API. Use the calculator above for any amount.
Bitcoin divides into 100,000,000 satoshis. One satoshi equals 0.00000001 BTC. Platov.co accepts BTC with no minimum conversion threshold.
Buying Bitcoin with Naira follows the same process in reverse. Select “Buy Bitcoin,” fund via NGN bank transfer, and confirm the BTC equivalent before completing.
| NGN Amount | BTC Equivalent (live) |
|---|---|
| ₦50,000 | Loading… |
| ₦100,000 | Loading… |
| ₦500,000 | Loading… |
| ₦1,000,000 | Loading… |
Live values via CoinGecko API.
Supported cryptocurrencies
All six supported coins can be converted to Naira on platov.co. USDT is the first choice for most Nigerian sellers.
USDT (Tether)
Stable price — no loss between sending and receiving. Best on TRC-20 (Tron): confirms in 1–3 minutes, network fee under $1. Highest liquidity on Nigerian platforms.
Bitcoin (BTC)
Widely accepted globally. Confirmation takes 10–30 minutes, introducing price risk. Network fees vary ($1–$30). Best for large amounts where speed is secondary.
Ethereum (ETH)
Confirms in 5–15 minutes. ERC-20 fees range from $2–$20. Consider USDT on TRC-20 as a cheaper alternative for conversion-only use cases.
LTC · DOGE · BCH
Fast confirmation and low fees. Fewer platforms support them in Nigeria, so check availability before sending.
USDT exists on multiple blockchains. Choosing the wrong network can result in permanent loss of funds.
| Network | Confirmation | Typical fee | Availability |
|---|---|---|---|
| TRC-20 (Tron) | 1–3 min | < $1 | Most platforms |
| ERC-20 (Ethereum) | 5–15 min | $2–$20 | Most platforms |
| BEP-20 (BSC) | 3–5 min | < $0.50 | Some platforms |
| Solana (SPL) | 1–2 min | < $0.01 | Few platforms |
Fee anatomy
Platforms earn money two ways: an explicit trading fee and an implicit spread. Even a “0% fee” platform may embed a margin. Compare the quoted NGN against the live mid-market rate in the calculator above before confirming.
7 Days
30 Days
90 Days
Source: XE.com mid-market historical data, May 2026.
Best time to convert: US market hours (14:00–22:00 UTC / 3–11pm WAT) produce highest BTC liquidity and tightest spreads. Avoid 2:00–6:00am WAT.
NGN payout
Naira is paid directly to your bank account via NIBSS Instant Payment (NIP). Transfer arrives within 5–15 minutes.
Scam prevention
Crypto-related fraud is common in Nigeria. The following mistakes cost traders money every week.
Using informal P2P trades
Trades via WhatsApp or Telegram have no escrow protection. A buyer can reverse a bank transfer after receiving Bitcoin. Use only platforms with built-in escrow like platov.co.
Not verifying the website URL
Scam sites clone real exchanges with near-identical URLs. Bookmark platov.co and access it only from bookmarks — never from a link in a message.
Sharing seed phrases or passwords
No legitimate platform agent will ever ask for your seed phrase, private key, or password. Anyone asking is a scammer. Disconnect immediately.
Sending to the wrong network
Sending USDT on ERC-20 to a TRC-20 address results in permanent loss of funds. Always confirm the network before sending. Copy-paste the address.
Regulatory status · 2026
Crypto-to-fiat services in Nigeria operate under the SEC Nigeria VASP framework (2022). CBN restrictions on crypto-linked accounts were relaxed in late 2023.
Frequently asked questions
How much is 1 BTC in Naira today?
Which platform gives the best Bitcoin to Naira rate?
How long does it take to convert Bitcoin to Naira?
How much is 0.00001 BTC in Naira?
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Ready to sell?
Zero fees — naira paid directly to your bank account in 5–15 minutes.