Top 7 Bitcoin Wallets for All Cryptos Available in Nigeria

In today’s post, I will show you 7 of the best bitcoin wallets you must have if you are in Nigeria.

Bitcoin/Cryptocurrency adoption in Nigeria has continued to surge making Nigeria one of the big players in the crypto-verse.

I was delighted to know that I can pay my hotel bills in Abuja, Lagos, and Port Harcourt with bitcoins as well as shop on some stores nationwide.

With this increasing adoption, it has become very important to keep your bitcoin safe as some persons have lost their assets because they chose the wrong wallet.

The wallets listed below, are well adapted to the Nigeria market and provide support for other cryptos. These wallets have been tested and trusted.


Post Summary

The post is a very comprehensive one, here is a list  of what I will uncover;

  1. Bitcoin wallet summary
  2. Best wallets to use in Nigeria
  3. Conclusion

Let’s get started.


Bitcoin  Wallet Summary

Bitcoin wallets are programs, applications, or device that is used to store and manage cryptocurrencies. The wallet stores the private and public keys which are the tools that are used to manage your crypto transactions. A bitcoin wallet creates the interaction between a user and his cryptos.

Wallets can either be in cold or hot storage form i.e they can be offline or online wallets. Hot wallets are the least secure, the internet connection leaves them exposed to remote attacks. They are web wallets, desktop, and mobile wallets.

Cold wallets provide more security, they are mainly vulnerable to physical attacks. Examples are paper wallets, hardware wallets, and brain wallets.

I will list the best hot and cold wallets best suited for use in Nigeria.

Also Read:

Ultimate Guide:- The A – Z of Bitcoin Wallets


Best Bitcoins Wallets to Use in Nigeria

Hot Storage

Luno

Luno wallet logo

Luno is a cryptocurrency exchange/wallet provider. It was launched in 2013 as BitX.

The company is headquartered in Singapore and has spread to several parts of the world.

Luno records its highest trade volume in South Africa, followed closely by Nigeria.

Just Like Quidax, Luno is a web wallet that offers the following services and product

  • Wallet
  • Buy and sell
  • Exchange
  • Luno Business
  • Luno API

Currency Support: Luno supports 5 cryptocurrencies and 6 fiats. They include the following;

  • Bitcoin BTC
  • Ethereum ETH
  • Bitcoin Cash BCH
  • Ripple  XRP
  • Litecoin LTC

Fiat Currencies:

  • Nigerian Naira          NGN
  • South African Rand  ZAR
  • Euros                           EUR
  • Indonesian Rupees    IDR
  • Malaysian Ringgit      MYR
  • Zimbabwean Kwacha  ZMN

However, Luno allows you to only access the fiat wallet for your country.

Also read: Luno Review and Comparisons

Visit Site


Quidax

Quidax Wallet

Quidax is a cryptocurrency exchange/wallet provider that was launched in August 2018.

Headquartered in Malta but the platform has most of its operations here in Nigeria.

It offers the basic services needed for any crypto investor to interact in the crypto market. Quidax services include;

  • Wallet
  • Instantly buy and sell
  • Exchange

As a web wallet, it does not give you access to your private key. The wallet provides convenience for people who will be trading and exchanging cryptocurrencies, which are done directly on the platform.

Quidax has users from over 70 countries showing it can be trusted. As at the time of this writing, no hacks or scam has been reported on quidax. It also has a mobile app.

Currency support: 6 cryptocurrencies are supported with only 1 Fiat . They are;

  • Bitcoin BTC
  • Ethereum ETH
  • Ripple XRP
  • Litecoin LTC
  • Dash DASH
  • Tether USDT

Only the Nigerian Naira(NGN) is supported for now.

Also Read: Quidax Review and Comparisons

Visit Site


3. Coinomi

Coinomi wallet Logo

Coinomi is originally a mobile wallet that was only available on androids. It recently developed its desktop and iOS versions.

The wallet was founded in 2014 and is one of the oldest and reputed wallets with over a hundred thousand users worldwide.

I have reviewed Coinomi Wallet and I can say it is completely reliable and very efficient for use in Nigeria.

The wallet is multi-lingual and provides support for over 125 cryptocurrencies and 382 ERC20 tokens. Some of the crypto supported are;

  • Bitcoin
  • Ethereum
  • Ethereum Classic
  • Litecoin
  • Dogecoin
  • Zcash
  • Monero
  • Ripple
  • Asiacoin
  • Digibyte etc

Read Coinomi Full review here

Visit Site


4. Bitpay

Bitpay wallet Logo

Bitpay is a crypto payment processing platform that is based in Atlanta, Georgia. It was established in 2011 but had only launched its wallets service back in 2016.

This wallet allows you to convert bitcoins to fiat and buy items with bitcoin.

Bitpay provides visa card to its users which can be used to withdraw cash from any ATM that accepts cryptos around the globe. 

Bitpay is available in over 200 countries including Nigeria. it supports the following cryptocurrencies and fiat

if you need to pay for products or services online, then you will surely need a bitpay wallet.

  • Bitcoin                 BTC
  • Bitcoin Cash       BCH
  • Gemini Dollars  GUSD
  • Paxos                    PAX
  • Circle USD coin USDC

Fiat currencies:

  • Australian Dollar      AUD
  • Euros                          EUR
  • Pounds Sterling        GBP
  • Mexican Peso            MXN
  • Newzealand Dollar   NZD
  • United States Dollar USD
  • South African Rand  ZAR

Cold Storage

Hardware wallets

Hardware wallets are indisputably the best form of storage for any crypto investor especially if you’d be storing large amounts. The wallet’s offline mode makes them very secure from remote attacks.

The table below displays the best hardware wallets to use in Nigeria. These hardware wallets are better bought directly from the manufacturers or any authorized sellers.

Trezor One

trezor one
4.5 Star Rating

Cost:$80

Trezor T

Trezor T
4.7 Star Rating

Cost:$170

Ledger Nano S

Nano S
4.6 Star Rating

Cost:$59

Ledger Nano X

Nano X
4.7 Star Rating

Cost:$119

KeepKey

Keepkey
4.4 Star Rating

Cost:$70

Bitfi Knox

Bitfi Knox
4.8 Star Rating

Cost:$120


Conclusion

That’s it my Naija cryptonites. There are several others available. I only picked out the best to enable you to have a hitch-free crypto experience.

Now, tell me…

Are you familiar with any of these wallets mentioned above?

If yes, tell me your experience so far or you can ask any questions you might have regarding the post.

It will be my pleasure to answer them.

Lastly, kindly help us to share this post by clicking on any of the social media icons below, we’d be making more post for you like this.

Cheers!

Kyrian Chidiebere
Link up

42 thoughts on “Top 7 Bitcoin Wallets for All Cryptos Available in Nigeria”

  1. Hi, thank you for your help and information. Does it mean Bundle wallet is not safe? Cos I also read that bundle is one of the best bitcoin wallet in Nigeria. Please I want to know. Thank you.

    Reply
  2. Thank you for this information. Please does it mean that Nigerians cannot buy Neo, EOS, ADA, stable coin, Bitcoin Gold and Dash cryptos? Can Nigerians also use Binance and Coinbase wallets? How good are they?

    Thank you

    Reply

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.