How to Buy Bitcoin With Credit/Debit Card in Nigeria

by | Last updated Nov 15, 2023 at 11:32AM | Bitcoin Tutorial, Reviews | 78 comments

Today, I will be giving you a full rundown of how to buy Bitcoin with credit/debit cards in Nigeria.

The cryptocurrency world presents arrays of investment opportunities leading to people striving to acquire cryptos.

There are lots of online exchanges that accept credit or debit cards for the purchase of Bitcoin.

However not all of them accept Naira debit cards and credit/debit cards from other countries.

I took my time to go through sites that accept credit/debit cards for Bitcoin and found out the very best of the sites that accept debit/credit cards from all countries including Nigeria.

Ready to hear all about my findings?

I’m ready too!

Hop in for the ride.

Post Summary

The points I will be covering in this post will be discussed under these carefully outlined subheadings:

Clicking on a subheading takes you to its details.

Happy reading!


This option of buying cryptocurrencies with credit/debit cards is now unavailable for Nigerians.

This is because of the letter issued by CBN which instructed banks and financial institutions to block the account of any user that is connected with crypto.

To buy cryptos in Nigeria currently, you will have to buy via P2P or use the other available options to bypass the ban.

Sites to Buy Bitcoin with Credit/Debit Card

As mentioned earlier, there are lots of online exchanges that accept credit or debit cards for the purchase of Bitcoin.

However not all of them accept credit/debit cards from Nigeria and other countries.

Using a credit/debit card to buy Bitcoins from exchanges was not that easy initially.

This was because of 2 main reasons;

  • many exchanges were afraid of fraud and therefore did not accept credit/debit cards.
  • there were very few credit card payment processors and most of them did not offer their services to cryptocurrency-based businesses.

However in recent times, many exchanges have started implementing systems to detect fraud.

There has also been an emergence of more payment processors (FlutterWave, Paystack, etc) that are more friendly to crypto-based businesses.

Therefore, exchanges are more open to credit/debit card purchases these days.

As a general rule, any exchange that accepts a credit card will also accept a debit card.

Before going ahead to list the exchanges as promised, here’s a video for you.

This video is a step-by-step guide on how to buy Bitcoin using a credit/debit card.

You can go ahead and watch the video or scroll down to read it in the post.

The exchanges that accept credit/debit cards from Nigeria and other countries include:

The exchanges that accept credit/debit cards include:

1. Quidax


Quidax is one of the exchanges that allow its users to buy Bitcoin using debit/credit cards.

The company was launched in 2018 after months of Alpha testing.

It is ranked among the top 3 cryptocurrency exchanges in Nigeria as regards trade volume.

For this post, I will be focusing more on how to buy Bitcoin using a credit/debit card.

Let’s go find out how.

How to Deposit

To buy Bitcoin with a credit/debit card, on quidax, you first have to fund your naira wallet.

As shown in the video, you do this by depositing some money into it following these steps:

Step 1:

Go to Quidax and click on ‘Get Started’ or ‘Create an Account’ on the site. If you already have an account with Quidax, go straight to step 4.

Quidax registration
Step 2:

The registration page pops up and you provide the details needed. Click on ‘Create Account’ when done.

Quidax registration 2
Step 3:

A verification link will be sent to your email with which you will verify your account.

After going through the verification process, it will be the time to fund your wallet to start up a transaction.

Quidax registration 3
Step 4:

If you already have an account, you will just have to sign in.

Quidax sign in
Step 5:

To fund your wallet, click on ‘Wallet’ and it takes you to the wallet page. Click on ‘Naira’ then ‘Deposit’.

The deposit options are:

  • Bank transfer
  • Card payment
  • Pay with USSD
  • Pay with barter

In this case, ‘Card Payment’ will be selected as the payment option.

Quidax Wallet Page
Step 6:

On selecting ‘Card Payment’ as the deposit option, it takes you to the page where you can input the amount to be deposited.

The minimum amount to be deposited is N200.00 and the maximum is N10,000,000.

The daily deposit limit is N500,000.

After filling in the details, click on ‘Pay’.

Quidax card payment
Step 7:

This takes you to the page where you will input your card details and then click ‘Pay’.

Note that there is a charge of 1.4% for every deposit.

Quidax Deposit

Another page pops up telling you that you will be redirected to your card issuer’s page. Click on ‘Proceed’ to continue.

Quidax Deposit

It then takes you to this page where you will type in the One Time Passcode (OTP) sent by your bank via SMS or email. Click ‘Submit’.

Quidax Deposit

You will see a page notifying you of the success of your deposit.


You will then be redirected back to Quidax where the money deposited reflects in your wallet. It also shows in your Deposit History.

Quidax Deposit

Well done!

You have just funded your wallet with your credit/debit card.

Not very difficult to do, was it?

Now that there are some funds available for use, let’s go buy some Bitcoin!

Steps to Buy Bitcoin

With the deposited funds, you can buy Bitcoin at either Instant Buy/Sell or at the Exchange.

Before I go ahead and explain these, I want you to note that you will pay a 1% charge when you are buying using Instant Buy/Sell and a 0.2% charge when using the exchange.

That said, I will now take you through the steps of buying Bitcoin from Instant Buy/Sell first and then that of the Exchange.

Stay with me.

Steps to Buy Bitcoin Using Instant Buy/Sell

Step 1: Sign in and click on ‘Instant Buy/Sell’ and the page ‘Buy or Sell Instantly’ pops up.

There, you will input the crypto to buy(BTC in this case), the currency to buy with (Naira), and the amount to spend.

You will also find displayed on the page the price of 1 BTC as at the time of the transaction and your total balance.

Click on ‘Continue’.

Quidax Buy/Sell Page

Step 2: This takes you to the ‘Confirm Order’ page where you will see displayed:

  1. The amount you are spending and its equivalent in BTC.
  2. The service charge.
  3. The number of BTC you will be receiving after the service charge has been deducted.

After cross-checking, click on ‘Confirm Order’.

Quidax Confirm Order page

You might receive a notification like this if there happens to be a change in price within your Order time.

If you do, do not get scared.

You can then go ahead and click on ‘Requote Order’  to re-confirm your order or ‘Cancel’ to cancel the transaction.

Quidax price Update Notification

Wait while the transaction processes.

Step 3: You will be notified of the success of your transaction. Click on ‘Go to Wallet’ to go back to your wallet to see the Bitcoin purchased.

Quidax Notification

Simple as ABC!

Scroll down to see the steps when buying at the Exchange.

Steps to Buy Bitcoin using the Exchange

For this, I will just list out the steps involved.

The steps include:

  • Sign in and click on ‘Exchange’. This takes you to its Trading Platform.
  • Go to ‘Markets’ and select the coin/currency to buy (BTC/NGN in this case).
  • Then, go to the ‘Order Book’ and place your order. The order is reflected in the ‘Place Order’ section.
  • In the ‘Place Order’ section, input the total amount of money you wish to expend and click on ‘Buy BTC’.
  • When it informs you of the success of your transaction, you can go back to ‘Wallet’ to view the Bitcoins bought.

That’s how it works on Quidax.

Read on to find out about the other exchanges.

Visit SiteCreate an Account

2. Luno

luno logo

Another exchange that supports buying Bitcoin with a credit/debit card is Luno.

Luno is a cryptocurrency exchange/wallet provider.

It was formerly called Bitx but rebranded to Luno in 2017.

Luno now supports Bitcoin and Ethereum wallets.

The company supports 44 countries namely Nigeria, South Africa, Indonesia, and 41 others.

Its highest market volume is in South Africa followed by Nigeria.

To buy Bitcoin with a credit/debit card in Luno, it follows the same steps as shown in Quidax.

The slight difference is that you will have to pay a 2% charge or more when buying and selling instantly and a 0.25% – 1% charge when using the exchange.

For Nigeria, Luno uses PayU and Paystack as its payment processors.

Now don’t stop reading at this point; there’s more below.

Visit SiteCreate an Account

3. Binance

Binance Logo

Binance is a crypto trading platform that was launched in 2017 after an Initial Coin Offering(ICO).

Though still very young in the crypto space, it has come to be known as ‘the world’s leading cryptocurrency exchange’.

This can be attributed to its large trade volume(1,400,000+ transactions per second and an average daily volume of  1.2bn transactions).

Despite it being a global exchange, there are restrictions for users from up to 13 states of the USA.

It supports more than 100 cryptos and its payment methods include:

  • Credit/Debit Cards
  • Cryptocurrencies
  • Bank Transfer

Bitcoin can be bought directly when using Credit/Debit cards unlike with Bank Transfer payment option where you have to buy stablecoins first before buying BTC with the stablecoins.

The company’s fees are the lowest in the market as it charges a trading fee of 0.1% and 0.05% when using its  Binance token(BNB) to pay.

The same steps as explained with Quidax are taken when buying Bitcoin with a credit/debit card.

Read more: Binance Trading Platform:- My Amazing Review

Visit SiteCreate Account

4. Paybis

Paybis Image

Paybis was founded by Inokentijs Isers and Arturs Markevics in 2014.

Konstantins Vasilenko joined the company and became its Chief Operating Officer(COO) in its early years.

It has a total of 200,000+ transactions completed and over  195,000  customers.

Its services are supported in almost every country apart from the ones mentioned here.

Payment options include Credit/Debit Cards:

  • Cryptocurrencies
  • Fiat currency( USD, EUR, GBP)
  • Bank transfer (SEPA, Wire)
  • Online currencies( Skrill, Netteller, PerfectMoney, Payeer, Advanced Cash)

Read also: Paybis Review: 7 Key Things to Know About  This Digital Currency Exchange

Visit SiteCreate Account

5. Changelly

Changelly logo

Changelly is another exchange that accepts payment with credit/debit cards.

Founded in 2015, the company acts as an intermediary between cryptocurrency exchanges and users.

It offers access to 100+ cryptocurrencies and has Eric Benz as its CEO.

Changelly is in partnership with MyEtherWallet, Exodus, Huobi Wallet, Binance, BRD, Edge, Coinomi, Trezor, Ledger, Enjin, and other well-known players in the crypto industry.

The processes for making purchases are the same as the one explained above and the company does not have a fixed currency rate owing to the volatile nature of cryptocurrencies.

However, Changelly offers the best available rate at the moment of a transaction and charges a commission fee of 0.25% for crypto-to-crypto swaps.

Note that fiat transactions in Changelly are processed by its partners and have some limitations that you should note.

For example, Simplex limitations (for purchasing BTC, LTC, BCH, XRP, ETH):

  • First transaction: from $50 to $10000
  • Daily limit: up to $20000
  • Monthly limit: up to $50000

Indacoin limitations (except for Bitcoin, Litecoin, Bitcoin Cash, Ripple, Ethereum):

  • Current limits for the first purchase are up to 3000 USD/3000 EUR per payment, up to 10k a day, but not over 15k per week or 30k per month.

Getting interesting, isn’t it?

Let’s continue.

Visit SiteCreate an Account

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.


And this is going to be the very last part…the part where you can officially loosen the seat belt

Having followed through to the end, you have things to say… or maybe questions.

Now let me know…Have you made a choice yet?

Do you still have any questions pertaining to the post?

Or did I miss anything?

Tell me in the comment section below.

Also check out: 10 Best Exchanges to Buy and Sell Cryptocurrencies in Nigeria

Give us a share if you enjoyed reading this post.


  1. Dan

    where can i but bitcoin with verve card

    • Jude Umeano
  2. Bobby

    Thank you for the Review, I’m in Cameroon, which one can I use, just tried Quidax and Luno but does not support my country

  3. Pivot

    Where can I buy btc without otp

    • Jude Umeano

      OTP is necessary when buying with your card. It’s a security feature, it ensures that the card belongs to you and not a stolen card.

      However, most foreign exchanges do not require OTP. You can try binance or Paybis, they might not require OTP

  4. mon

    please help me luno isnt working which other sites can i buy btc with my naira mastercard?

  5. travis

    Hi there! Thanks for the article. On linkkoin you can buy crypto with card as well, and for the first registration they are giving 5$ in BTC, you can check it out

  6. Ricky Paul

    Thanks a bunch, bruv. I really do appreciate it. But I’ve a little problem with them. I don’t have Visa/Master card nor USD card, but have verve card. And I’ve tried to register it with Luno but they said that it’s not supported. Plz is there anything else I can do or you can help with. Thanks once again. Waiting for ur response.

    • Jude Umeano

      Verve card is usually for Local payment. You can buy from exchanges like Ngexchanger, Naira2usd, remitano, and coindirect. You do not need a card to buy from these exchanges.
      However, I suggest you get a Visa or Mastercard so that you done face this challenge in the future.

  7. Mite

    hi, please is it possible to buy bitcoin in Nigeria using USD? Kindly reply ASAP.

    • Jude Umeano


  8. Andy Thomas

    Nice options, clear guide, thanks for sharing, Jude! May I also suggest a fresh review of Bitcoin Debit Cards, since Visa suspended the WaveCrest Startups? These ones have pretty satisfying ratings –

  9. oz

    Thanks a bunch you really narrowed my search….

    • Jude Umeano

      You are welcome

  10. Ifeanyi Victor


    • Felix Udechukwu

      It is working. Probably they had few network issues

    • Jude Umeano

      Luno is still working

  11. Charles G

    Bitcoins is the best investment ever.

  12. Ahmad

    Bros your information is very educative which can be a total sectional semester in the institutions, thank u sir

  13. Globalinvestments

    Thanks for the info. AM Grateful because you saved me from too much search.

    • Jude Umeano

      You are welcome. Its really my pleasure

  14. John Milner

    Thanks for sharing your thoughts. Last week I have buy bitcoin from Paybis with my credit card, They will providing me easy and smooth transaction with secure payment.

  15. Judeworld

    Yes. absolutely. You can buy from Virwox and Indacoin with the US Master Card it is even preferable to the naira Master Card because you are free of the $100/month restriction on the naira MasterCard as well as the money lost in conversion to dollar. You can also use your Us Mater can On Luno if you are in the US. If you are not within the US, you will have to select US as your location to use the US Master Card on Luno.
    I hope this helps

  16. bayotuyi


  17. Cletus Okegwu Isek

    Waooh, Luno is the best thing that has ever happened to me as a bitcoin merchant, funding my wallet from Luno was easy and instantly like the speed of light

  18. solomon adebowale


    • Judeworld

      It’s my pleasure

  19. Adeyinka Joshua

    Informative, thanks for sharing this

    • Judeworld

      Thank you

  20. Chekwube

    How much per dollar in naira in luno?

    • Judeworld

      It is approximately 386naira per dollar. The prices are not always constantly because bitcoin price is constantly fluctuating


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Chiamaka Atueyi
Crypto Content writer at Nigeria Bitcoin Community. Whether as a member of my high school Press club or part of the Scriptwriters in my community, I've been on a writing path from the start. The reason? I like keeping people informed.