In this article, I describe the 7 best bitcoin wallets you should have if you live in Nigeria.
Bitcoin/cryptocurrency adoption in Nigeria has been on the increase.
And as such, you must keep your bitcoin safe in a trusted wallet to prevent losses.
Keep reading to see my list of the best bitcoin wallets for Nigerians.
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What Are Bitcoin Wallets?
Bitcoin wallets are digital wallets that are used to send and receive Bitcoins.
They contain cryptographic information used to access Bitcoin addresses and send transactions.
Also, they are used to store and manage other cryptocurrencies.
Put simply, a bitcoin wallet creates the interaction between a user and his cryptos.
Wallets can either be in cold storage (offline) or hot storage (online) form.
Hot wallets are the least secure because internet connection exposes them to remote attacks.
Examples are web, desktop, and mobile wallets.
On the other hand, cold wallets provide more security.
However, they are vulnerable to physical attacks.
Examples are paper wallets, hardware wallets, and brain wallets.
Moving on, I will now describe the bitcoin wallets best suited for use in Nigeria.
Tag along!
[Suggested Read: Ultimate Guide:- The A – Z of Bitcoin Wallets]
The 8 Best Bitcoin Wallets In Nigeria
My list comprises both hot wallets and cold wallets. Let’s start with the Hot wallets.
Hot Wallets
1. Bybit
Bybit is a cryptocurrency exchange/wallet provider launched in 2018.
Operated as a subsidiary of Bybit Fintech Limited, it is registered in the British Virgin Islands.
As the second-largest crypto exchange, Bybit consistently records some of the highest trading volumes in both spot and derivatives markets.
It offers the following services and products:
- Spot
- Derivatives
- Futures
- Wallet
- P2P trading
- Earn
- Pre-market
Supported Crypto
- Bitcoin BTC
- Ethereum ETH
- Arbitrium ARB
- Ripple XRP
- Litecoin LTC
- USD Coin USDC
Fiat
- Nigerian Naira NGN
- South African Rand ZAR
- Euros EUR
- Indonesian Rupees IDR
- Malaysian Ringgit MYR
- Zimbabwean Kwacha ZMN
[Suggested Read: Bybit Review: Your Next Level Cryptocurrency Trading Platform!]
2. Binance
The second wallet on my list of best bitcoin wallets in Nigeria is Binance.
It is a cryptocurrency exchange/wallet provider that was launched in July 2017.
Previously headquartered in Malta, Binance now operates as a decentralized company with no official headquarters.
It offers a wide range of services essential for any crypto investor to engage in the market.
They include:
- Spot
- Derivatives
- Wallet
- Launchpool
- P2P
- Web3 wallet
Supported Crypto
- Bitcoin BTC
- Ethereum ETH
- Notcoin NOT
- Litecoin LTC
- Doge DOGE
- Tether USDT
[Suggested Read: Binance Trading Platform: My Amazing Review]
3. Trust Wallet
Trust is a crypto wallet available on Android, iOS, desktop, and as a web extension
The wallet was founded in 2017, acquired by Binance in 2018, and is now one of the most reputable wallets with over 2 million users worldwide.
Also, it is very efficient for use in Nigeria.
The wallet provides support for over 160K cryptocurrencies and 40 blockchains.
Supported crypto:
- Bitcoin
- Ethereum
- Solana
- Litecoin
- Dogecoin
- Cardano
- MATIC
- Ripple
- TON
- BNB, etc
[Read Trust Full review here]
4. NoOnes
Another wallet that made my list of best bitcoin wallets in Nigeria is NoOnes.
It is a reputable crypto exchange founded by Ray Youssef, designed to make buying, selling and storing crypto seamless.
This exchange lets you buy Bitcoin with over 500 payment methods, including gift cards, and securely store it in its wallet.
Additionally, NoOnes provides visa cards to its users which can be used to make online purchases and withdraw crypto as cash from any ATMs around the globe.
If you need to pay for products or services online or make international payment with a crypto dolar card, then you will surely need a NoOnes’s wallet.
Furthermore, NoOnes is available in over 200 countries including Nigeria.
[Suggested read: Crypto Cards: Spend Crypto Like Cash, Anywhere in the World]
Supported Crypto
- Bitcoin BTC
- Ethereum ETH
- Bitcoin Cash BCH
- Binance Coin BNB
- Paxos PAX
- USD coin USDC, etc.
Fiat
- Nigerian Naira NGN
- Australian Dollar AUD
- Euros EUR
- Pounds Sterling GBP
- Mexican Peso MXN
- Newzealand Dollar NZD
- United States Dollar USD
- South African Rand ZAR
[Suggested Read: Nigerian Stores & Businesses that Accept Bitcoins | The Complete List]
5. Breet
Breet also made my list of the best bitcoin wallets in Nigeria.
It is an OTC cryptocurrency exchange platform that allows anyone in Nigeria to sell their crypto and receive cash in their Naira bank account.
The wallet launched in February 2022 and it is an automated crypto-to-fiat app.
Using Breet, you can convert and withdraw your crypto in five minutes. Superb!
Also, it charges zero fees for withdrawal and users earn point rewards from time to time.
Additionally, Breet helps you secure your funds using two-factor verification.
And its customer care is available 24/7.
Impressively, this platform also serves as a payment gateway for businesses that accept crypto payments.
The Breet app is available for download on Google Playstore and Apple store.
Supported Crypto
- Bitcoin
- Litecoin
- Ethereum
- Dogecoin
- BCH
Fiat
- Nigerian Naira NGN
- Ghana Cedis GHS
Next, we’ll look at the cold storage wallets.
Keep reading!
Cold Wallets
Hardware wallets are the cold wallets we use to store crypto.
They are indisputably the best form of storage for any crypto investor especially if you’d be storing large amounts.
The wallets’ offline mode makes them very secure from remote attacks.
In the table below, you’ll find the best hardware wallets to use in Nigeria.
Note that these hardware wallets are better bought directly from the manufacturer s or any authorized sellers.
| Trezor One | Trezor T | Ledger Nano S | Ledger Nano X | KeepKey | Bitfi Knox |
 |  |  |  |  |  |
| Star rating: 4.5 | Star rating: 4.5 | Star rating: 4.5 | Star rating: 4.5 | Star rating: 4 | Star rating: 4.5 |
| Read Review | Read Review | Read Review | Read Review | Read Review | Read Review |
| Visit site | Visit site | Visit site | Visit site | Visit site | Visit site |
| Cost: $59 | Cost: $149 | Cost: $149 | Cost: $93.49 | Cost: $99 | Cost: $199 |
Learn How To Trade
If you want to learn how to trade cryptocurrencies profitably, sign up for free on Afibie.
You can join our Telegram channel, where we hold live sessions and give trade signals.
Conclusion
That’s it my Naija cryptonites on the best bitcoin wallets in Nigeria.
There are several others available. I only picked out the best to enable you to have a hitch-free crypto experience.
Now, I’d love to know;
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 in the comments section.
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, thank you!
Hello. Thank you for your insightful post. Someone recommended Patricia.com.ng.
I have registered but haven’t started using it.
What do you know about them please?
Is it reliable?
Okay thanks for your suggestion.
Anytime
Luno isn’t accepting the temporary National ID card since the national identity management decided to be unfortunate by refusing to make the main plastic card available after 6years of application.
Now I can’t open a wallet account because of the failed country I found myself in.Is a shame that the card can’t be ready after 6years but they earned salary every month for doing nothing.
Please help me if there’s any wallet I can open with the temporary National ID card that I have.
You should use Quidax then. You can verify your account on Quidax with National ID slip
Can I use block chain in Nigeria?
How do you mean?
If you mean the blockchain.info wallet. Yes you can use it anywhere
@jude, why is luno asking for bvn for registration?
It is to ID you to guard against fraud from you or against you.
Luno or anyone does not have access to your account through your BVN.
Lastly, Luno is regulated by the CBN.
Nice post you have here. Please, i need help on how to sign up with luno. Thanks
Please check out our luno review it also has a demonstration video
Luno Review (2020 Update) | The Complete Review and Comparison
as a beginner,which bitcoin site will be best for me to signup with.
Luno
Hi all, what do you think about trusteewallet? im from developers team and now see a lot of installs from nigeria – try to understand why)
Hi Jude please advise what is the minimum amount needed to start buying Bitcoin. I have Luno account
that is totally up to you. On luno, you can buy bitcoins with as little as 300 Naira
Can i use my blockchain wallet to buy bitcoin from other wallet exchangers like COINBASE, LOCALBITCOIN and COINMAMA? ect.
Yes
really i just sign up to their account
so am in the wrong place
pls tell me alternative one
Luno is trulu a pro scam business. Early this year I had 87000 Naira in btc value in my Luno wallet and I transfered 25k to my Local bitcoin address, immediately the remaining ballance of 62000 vanished it appeared as transaction charge. I wrote to customer support this and they instead blocked my account. I wrote over a dozen times but no human reply, except auto responder that says nothing similar to my complaint. Chat them on Facebook they said will get back at me till now. My friend also experienced same two times.
ADVICE….. If you are using luno for btc transfers, dont leave any single satoshi in your wallet since it will still go through without charge or you will end up like thousands of many voiceless Nigerians.
Luno has a poor customer support, they take a lot of time to respond and give a generic answer.
However, I have used Luno for 2 years now and have not experienced any loss of my fund.
i have been using SATOWALLET since 2017 and i must say they are pretty good with their wallet services. The CEO is also a Nigerian
I deeply regret singing up on that damn forsaking site “Jostpay” what they say here is different from what you see after signing up.. Have my bitcoin stuck in there, can’t cash out nor send out!!!Costumer service are bunch of dumb ass, no reply to mails, customer service number not going through so annoying… No one to relate your problems with…I was carried away by the instant payment exclaimed by those bunch of confused liars.. Please who cares should keep off from Jostpay wallet, it’s a scam..
This is the second complaint. I will go ahead and update this complaint in the write up.
How do one buy bitcoins?
Hello, i see your post nice one, but have you considered Satowallet? i have used it as well as a number of wallets mentioned here. Satowallet is the best multi-wallet one can get,
Luno is a major scam, imagine me sending btc worth #1000 and they collected Transfer charges worth #3900. What the heck is that?
Hello Gabin
You should be very observant when making transaction because your money is involved.
Bitcoin transactions are now quite expensive. It is not peculiar to luno but all bitcoin exchanges or medium. Coinbase charges about $23, blockchain.info allows you to adjust this value to a minimum of $9 but this will take about 24 hours to execute.
The problem is from the bitcoin blockchain network. And the money are send to miners not the exchange
Next time when sending bitcoin from luno, if the platform you are sending to accepts ethereum, it’s better you convert your bitcoin to ethereum and send it as ethereum.
This high transaction fee in the bitcoin blockchain will Continue until the Lightening Network (LN) is implemented if it will be implemented . With the LN, bitcoin can be sent and confirmed in seconds at no cost. You can get more info here
http://lightning.network
I said you should observant because luno and other exchanges shows you the transaction charge before you send. Maybe you were not observant enough to see it.
All the best Gabin.
i transfered bitcoin cash from my block chain wallet on thurs 21-12-17.B4 i sen,t my bitcoin cash was indicated as 1.91and bitcoin 0.11and my total balance given as2.02 however, the receiver only receivd bitcoin cash worth of 0.00006.Also, my attempt to transfer bitcoin from same wallet also indicated i have to pay as much as $1026 to make one trasaction.what is the problem and what do i do or my money gone like that?
hi this is my story, i met this man on instagram who told me to invest in bitcoin at first i thought it was one of those scam mails and all , i checked out their page on instagram and i decided to invest only 0.05 which is the site minium investment , wow i got twice my investment after a week, and the good thing is you can take back your investment from your wallet when you want it back , its like magic , their instagram page is xxxxxxxxx thank me later
I met such when starting up as a newbie. Most of them don’t last more than a month. They will eventually disappear with your bitcoin
Wendy, kindly tell your friend to contact Jostpay via support@jostpay.com or chat via the website.
That JostPay wallet seems to be a scam. My friend opened a wallet, I sent her money and now she can no longer log into it
Hello Ruth.
Tell you friend to request her/his password or contact jostpay support.
you can contact Jostpay by email at support@jostpay.com. you can also give them a call. +2349055238293
Call only during working hour.
I have equally sent them an email inviting them to comment on this post.
Jostpay isn’t and can never be a scam..the issue most likely is from your friend