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 |
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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!
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