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Author: Admin | 2025-04-27
What Are the Top 8 Crypto Exchanges in Nigeria?Nigeria is one of the biggest cryptocurrency hubs in Africa, and the country is first worldwide in P2P crypto traading volume. Here is a list of eight of the best exchanges you can use in Nigeria based on the number of users, and sorted by monthly visits based on Similarweb data: NairaEx, Quidax, Luno, Bybit, Kucoin, OKX and ByBarter.Key Takeaways Nigeria accounts for a majority of crypto-related activities in Africa and is dominant in global crypto-related activities as well. Nigerian crypto reported investors moved over $56 billion worth of cryptocurrencies and stablecoins in the previous year. P2P trading platforms operated by global and native cryptocurrency exchanges account for a significant percentage of the daily cryptocurrency transactions in the region, and Nigeria ranks first worldwide in terms of P2P trading volume. Based on Similarweb data, the top exchanges in Nigeria by traffic are NairaEx, Quidax, Luno, Bybit, Kucoin, OKX and ByBarter. Nigeria sits at the heart of West Africa in the Gulf of Guinea and houses a population of over 250 million people spread across 36 states and the Federal Capital Territory. In addition to a diverse cultural heritage, Nigeria boasts Africa’s largest economy with a GDP of over $390 billion in 2023, expected to rise by 79% in the next 5 years. With an economy of its size and a resource-rich topography, Nigeria is a fertile ground for numerous economic activities, including ones related to cryptocurrencies and other digital assets. Here’s how
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