Ethereum, taking second place in global crypto value, is also an important crypto to many Nigerian enthusiasts.
Alongside Bitcoin, Ethereum has proven the profitability of crypto, and it has its huge market capitalization to show for it.
Nigeria, an active crypto player, also has a stake in this top coin.
However, unlike many other countries around the world, off-ramping crypto is a bit of a hassle — there’s the risk of low returns on ETH investment or, even worse, falling prey to malicious P2P traders.
This is why you’ll learn about the quick, easy, and top platform to convert your Ethereum to Naira in this post.
The Top Platform for Converting Ethereum to Naira
Breet is an over-the-counter (OTC) crypto trading platform available to Nigerian and Ghanaian traders.
Its sole focus is converting crypto to cash or crypto to crypto, and it has optimized speed, ease, and superb rates.
Unlike other crypto exchanges, Breet does not offer crypto custody, meaning you go from Ethereum to cash in no time.
To make this even smoother, Breet offers direct deposits from your wallet to your local bank account.
The whole point of Breet is to give you a seamless trading experience at the best rate you’ll find in the market — ensuring you get every bit of value in Naira (or Cedi).
Breet already stands out for its quick solution tailored to the Nigerian and Ghanaian markets.
However, there are reasons why traders choose us.
4 Reasons To Choose Breet
Here are the practical reasons you should choose to sell your Ethereum for Naira on Breet.
1. Near-Automatic Trading Process
As an OTC focused on the ease and convenience of its users, Breet does most of the heavy lifting.
So, in a few clicks, you would have successfully sold your crypto and have the cash equivalent in your local bank account.
2. Fool-Proof Security
Built on a state-of-the-art security framework, Breet has no loose ends and allows its users to secure their accounts further.
This can be done through:
- Two-factor authentication
- Biometrics
- Transaction PIN, and
- Password.
All these contribute to ensuring that unauthorized users stay out of the user’s account.
3. Best Rates
Due to the ever-changing and fast-paced nature of the market, Breet reviews its rates regularly to ensure that its prices are at their best.
This platform prioritizes traders getting value for their coins.
It even provides an in-app rate calculator to preview the amount in cash to be exchanged for crypto.
4. Easy to Use
Removing all the complexities of typical crypto apps, Breet offers a low-entry barrier to accommodate all traders who want to exchange their Ethereum for Naira (and Cedi) without any stress.
How to Use Breet to Convert Ethereum to Naira: A Step-by-Step Guide
Selling your Ethereum for Naira on Breet is extremely simple, but let’s start from the beginning.
First, go to your Google Play Store or App Store to download the Breet app. Alternatively, you can register directly on the web app.
Then, you sign up, and this process takes no time.
After signing up, complete your KYC verification and input your local bank account.
Now, you’re all set up.
Ready to sell?
Here’s how:
Step 1
Go to the ‘Crypto-to-Cash’ dashboard.
It’s the second icon after the homepage on the bottom of the screen.
Step 2
Next, select your Ethereum wallet.
Your address was pre-generated at sign-up, so you just copy and paste it to the sender or scan your QR code to get this address.
Step 3
Then, send the desired amount of ETH to your wallet.
Breet receives and automatically converts this crypto to Naira.
Step 4
After the blockchain confirmation time, your Naira will be added to your balance and available for withdrawal.
Step 5
Send this money to your local bank account.
If you want to automate this process next time, simply toggle on the ‘Automatic Settlement’ feature.
Conclusion
Converting your Ethereum to Naira can be seamless, secure, and profitable — you can have it all in the Breet app.
So, confidently deal with ETH and reap the full benefits of your investment in Naira (or Cedi).
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