Platform to buy cryptocurrencies Nigeria 2021

Currently, the word "crypto-currencies" divides us all into two camps: some people know nothing about it at all, while others are already making all their money from it. If you want to get acquainted with this innovative phenomenon of our financial system, you must first choose a platform to work on and learn.

Crypto-currency trading continues to grow and take root, offering modern and advanced features. With more and more swaps and options being offered to investors, finding an exchange to trade on can become a difficult task.


Coinbase was founded relatively recently, but has already managed to take a permanent place on the list of the best crypto-currency exchanges in the world. These results have been made possible by the available interface languages, as well as other advantages of this platform.

According to reviews about Coinbase exchange, one of its main advantages is the availability of convenient services to work with: updated exchange rates, charts, news, descriptions, trading history, etc. Taking into account the complicated legislation of various countries in 2021, this crypto-currency exchange also has an official mirror in case the main site is blocked.

Of course, the entire process of trading and exchanging crypto-currencies depends heavily on the convenience of depositing and withdrawing funds. According to the summary of the Coinbase review, users especially appreciate the availability of enough options to fund and withdraw the money they have earned in the form of cryptocurrencies and e-wallets, but also the ability to interact with fiat money (dollars, euros, etc.):

  • 23 types of coins.
  • The rates charged for all operations under $200 are as follows: $ 0.99 - $ 2.99 - for operations from $ 0 to $200; for over $200, a fixed interest rate comes into play. Its size depends on the payment method.
  • Free mobile and online wallet. The advantage of this wallet is that transactions can be made off-blockchain.
  • You can pay funds that can be deposited and withdrawn using a bank card, transfer and a range of payment systems. SEPA transfers are available for EU residents.
  • Two-factor authentication. All website traffic is encrypted using the SSL cryptographic protocol; All wallets keys are protected by AES-256 encryption. Only 2% of her clients' cryptocurrency funds are stored online, and they are insured in case of loss.
  • Android and iOS app.


Binance is one of the largest crypto-currency exchanges in the world, founded in 2017. Reliable, popular and loved by almost all traders. The exchange's daily turnover reaches over $1 billion, and about 1,400,000 orders are processed per second. The company offers the lowest commission per transaction.

The exchange has earned the trust of the crypto-currency community, mainly due to its strong team of developers who know their stuff inside out.

The long period at the top of the rankings and the many positive reviews can be attributed to several factors: Ease of use - Binance was one of the first major exchanges where you could register on the platform using just an email address and get instant access to a wide range of tokens; ability to handle a large number of trades; low commissions; global approach to your business and availability of the platform in multiple languages; very low trading fees:

  • 740 different crypto and fiat pairs, including own token BNB.
  • Binance offers competitive trading fees (commissions): 0.1% on each side of the trade, or 0.075% if you are using your Binance tokens (BNB).
  • Trust Wallet mobile application.
  • Bank transfer, debit/credit cards, various P2P payment channels.
  • The exchange launched CryptoSafe Alliance (CSA). This initiative will bring together exchanges, blockchain protocols, cybersecurity experts, and regulatory compliance companies. It is the first comprehensive threat monitoring and protection tool in a decentralized data exchange environment.
  • A free app is available in Google Play Store or the App Store.


Kraken was founded in 2011 by Jesse Powell. The platform was officially launched in 2013. Kraken has managed to gain the trust of its users. There have been no successful hacker attacks on the exchange.

Kraken is a self-regulated exchange, which means it develops its own security policies and operating rules. However, it complies with the rules and regulations of many supported countries.

To start trading on the exchange, you need to make a deposit in cryptocurrency or with a bank card (for customers of Kraken partner banks only). However, in order to make a deposit, you must go through a mandatory verification process. It is not possible to open a demo account on the exchange as standard.

Leverage is available in the stock market. Leverage is the ability to place orders that are greater than your available balance. This can result in a higher profit than if you had placed an order using only your account balance. Trading under these conditions is called "margin trading":

  • 8 tokens are available.
  • Transactions under 50,000 units of a particular currency are subject to a commission of 0.16% for the seller and 0.26% for the buyer. For sums over 50,000 units, commissions are reduced to 0.14% and 0.24% respectively.
  • No crypto wallet is offered on the site.
  • Crypto wallets and money transfers via bank transfer. Deposit/withdrawal via bank cards is not available.
  • The exchange offers users two-factor authentication, PGP encryption, and global settings lock, which prevents any account changes within a certain period of time.
  • Kraken Pro and Kraken Futures applications.


Bittrex Exchange (Bitrix) is a well-known and reliable trading platform in the market. Here you can trade crypto-currencies without hesitation, the liquidity of the site is high and the security is unmatched. Many promising young projects want to join the site, as this resource opens the door to the market of digital assets.

For the security of storing funds on the exchange, Bittrex recommends the use of two-factor authentication, which has now become an industry standard. There are no known cases of serious hacker attacks on Bittrex.

User reviews of Bittrex are overwhelmingly positive. Users like the feeling of dealing with a real marketplace and the amount of crypto-currencies offered. You can find messages in which users complain about the slow response of the support, but the number of these messages is not significant.

Its main feature and competitive advantage is the large number of cryptocurrencies available for trading - currently more than 250. However, it should be noted that the company does not accept fiat deposits, which can be a limitation for inexperienced users. The online interface is also interesting for experienced traders. In addition, Bittrex is the first choice for those who want to trade rare coins. This makes Bittrex one of the largest crypto-currency exchanges:

  • 250+ trading pairs are available.
  • Topping up your euro account is available via SEPA credit transfer, international bank transfer, bank card. Fiat funds withdrawal is possible to a bank account using an international bank transfer, and for euros, a SEPA credit transfer is supported. The withdrawal commission depends on the chosen currency: in bitcoin, it is 0.0005 BTC, in Ethereum - 0.00600000 ETH. The site has a fixed trading fee of 0.25% of the total value of the order.
  • No crypto wallet.
  • Bank transfers, credit/debit cards.
  • Two-factor authentication (2FA), IP check, which requires an email confirmation of entry from a new IP-address, IP whitelists, Cold storage for 80%-90% assets.
  • There are two apps for Android and iOS respectively: Bittrex Global and Bittrex.


BitMEX, short for Bitcoin Mercantile Exchange, is an advanced trading platform and exchange for crypto-currencies. Unlike many crypto-currency exchanges that trade one crypto-currency after another, BitMEX focuses on trading derivatives: open-ended contracts and daily and weekly futures.

Crypto-currency futures are an agreement to buy or sell the underlying asset (crypto-currencies) at a predetermined price at a specific date in the future. Perpetual contracts - similar to futures except that they have no expiration or maturity date.

BitMEX is a trusted crypto-currency exchange for advanced users interested in trading crypto-currencies on margin. The company is constantly improving, adding new features and expanding the list of available assets. No verification is required to operate. Bitmex uses multi-signature and cold wallets to store customer funds. All withdrawals are processed manually once a day at a specific time:

  • 55 trading pairs.
  • BitMEX does not charge any fees for deposits or withdrawals. When withdrawing BTC, a minimum Bitcoin Network commission is applied; commissions for takers are 0.075% of the total order value, while makers are paid an additional 0.025% for each trade.
  • Crypto BitMEX wallet.
  • Beyond virtual currencies, BitMEX does not accept any other deposits.
  • Funds are stored in cold wallets; Two-factor authentication; Registration via SMS notifications; Multi-signature wallets for transactions; Email communications are encrypted using PGP encryption.
  • BitMEX Mobile launched in September 2020.


Bitfinex is a fairly large crypto-currency exchange that has been offering its services to traders since 2012. This crypto-currency trading platform falls under the jurisdiction of Hong Kong. In its already relatively long history, the exchange has gone through many hardships: repeated attempts of hacker attacks, blocking of deposits and withdrawals of funds from foreign banks. But despite all the difficulties, Bitfinex has become one of the most popular digital asset exchange platforms in the world.

User protection is provided by two-factor authentication, which means that it is not enough for attackers to know a trader's password to steal money. In addition, Bitfinex is one of the few exchanges that limit the withdrawal limit when a user logs into the account from an unknown IP address. It is also worth noting that only 0.5% of the exchange's assets are available for trading, with the remaining 99.5% stored in a safe place - a cold wallet.

For new traders, the website developers have created an introductory tour that explains the features of the exchange in detail. The Bitfinex interface has been translated into many popular languages around the world:

  • Over 140 coins and 300 trading pairs.
  • No additional payments for deposits and withdrawals in digital coins. When you deposit USD, you will have to pay a commission of 0.1%, but not less than $ 20;Minimum fee for withdrawing fiat money is $ 60; With the minimum currency turnover per month, the trading fee is 0.1% for the maker and 0.2% for the taker.
  • Users are offered three wallets to choose from - Exchange Wallet, Margin Wallet, and Financing Wallet.
  • In addition to digital currencies, bank transfers and card withdrawals are available to users.
  • Only 0.5% of crypto assets are kept online to support daily transactions. The rest of the coins are kept in cold wallets out of the reach of hackers. For these wallets to become available, manual authorization of several members of the management team is required.


LocalBitcoins is a P2P exchange for buying bitcoins for offline fiat currency, online e-currency and some altcoins. It is considered a reliable platform for direct and decentralized exchanges between trading parties. It allows you to buy bitcoins quickly and in various convenient ways.

The main feature of the LocalBitcoins crypto-currency exchange is that the site is 100% decentralized. People from all over the world trade with each other and LocalBitcoins acts as an intermediary, making sure that the terms of the transaction are met by both parties.

Although LocalBitcoins is a crypto-currency exchange, it is not suitable for high frequency speculative trading. It is a platform for those who want to buy/sell tokens at the best price.

Privacy: the only information required is an email address for account registration. No personal authentication is required and transactions can be made directly with another user and not with a third party:

  • The service does not charge a commission from the buyer.  For sellers, there is a set commission of 1% on each sale.
  • Bank transfers, banking cards, electronic systems.
  • The security of the transaction is ensured by the escrow method, which has proven to be highly effective; User accounts are protected by two-factor authentication.


Poloniex is one of the largest crypto-currency exchanges in the world. It offers the highest turnover for most altcoins that can be exchanged for bitcoins.

One of the main advantages of the stock market is the decreasing level of commissions. This is probably the most important factor for large investors. The higher the number of transactions between users, the lower the commission.

Founded in 2014 in the United States, the crypto-currency exchange Poloniex remains one of the most popular platforms among traders and investors.

It's worth noting that the Poloniex crypto-currency exchange has a nice soft design, a comfortable and intuitive interface that is ideal for both experienced traders and beginners. In addition to traditional spot trading, on Poloniex you will also find options (range) for margin trading, as well as a range for those who want to borrow their money - something that has only recently appeared on the market:

  • 100+ currency pairs.
  • All deposits are allowed without any additional charges; The withdrawal fee is fixed, and it depends on the type of the currency; commissions are from 0 to 0.25%. Maker commission is from 0% to 0.15%; taker commission is from 0.1% to 0.25%. The higher is the volume of completed transactions in one month, the lower is the commission for all subsequently completed transactions.
  • Own Wallet.
  • Replenishment of an account with a bank card or withdrawal to a card are not available for users of some countries.
  • The administration highly recommends adding two-factor authentication to your account.
  • Mobile application.


Today, the KuCoin crypto-currency exchange is based in Hong Kong. A large list of promising crypto-currencies are currently traded on the site. A unique feature of the KuCoin exchange is that it shares half of its profits every day with anyone who holds an internal token on its wallet - the KuCoin Shares (KCS) crypto-currency. Like Binance, KuCoin charges very small commissions on transactions, and discounts are offered to KuCoin share holders.

Kucoin's trading interface is an absolutely standard and user-friendly panel, with a typical window and interface layout. Any user with at least some experience with the exchange can easily understand how to trade on the KuCoin exchange.

If you study KuCoin user reviews, you will usually get a positive impression. Users generally leave positive reviews. Among the positive reviews of the KuCoin exchange, the most frequently mentioned are: low transaction and withdrawal fees, the possibility of using KCS token storage, a convenient and understandable trading interface for a beginner, several language versions (about ten normal translations), increased security of the exchange engine:

  • 200+ coins and 450+ trading pairs.
  • All deposits are free on the site, and there is a fixed fee for withdrawals; KuCoin offers a flat commission of 0.10%, which is less than the industry average.
  • Inner site crypto wallet.
  • A variety of payment methods supported by P2P fiat services.
  • The exchange offers you the option to set up two-factor authentication by Google Authenticator.
  • Mobile application.


Currently, the presented crypto-currency exchange is considered one of the most reliable in the world and is aimed at traders from European countries. For example, US citizens are not allowed to work there. Before starting the auction, you need to provide and confirm your information. Bitpanda verification is divided into 3 levels: Bronze, Silver and Gold. The withdrawal limits depend on these levels.

The presented platform has many advantages and these are what made it so popular. First of all, the support of the euro is a big plus because everyone is used to working with fiat currency. Secondly, the fees that the service charges are low, which attracts businesses. Thirdly, not long ago an affiliate program was launched. With this program, you can earn money by recruiting new users. Fourth, the quick registration is a definite advantage. Fifth, the website has an intuitive user interface and works stably:

  • Bitcoin, Ethereum and 30+ digital assets.
  • The trading commission of the service depends on the type of currency and the nature of the transaction. When buying bitcoins, you pay 1.49%, when selling - 1.29%.
  • Commission for replenishment and withdrawal is fixed for each coin and is debited from the account.
  • Bitpanda crypto wallet.
  • You can make a deposit either by bank transfer, credit cards or electronic payment systems.
  • Bitpanda refers to systems that independently manage user wallet keys. Besides, the following security measures are offered: fund cold storage session control. Every login attempt from a new device requires two-factor authentication confirmation, authentication and validation via email.


Coinbase is a popular American crypto-currency exchange. It was launched in the summer of 2012, when few people knew about crypto-currencies and the price of bitcoin was only $10. Today, Coinbase is rightfully one of the leading crypto-currency exchanges, with solid trading volume and high capitalization. The number of users exceeds 56 million people, and crypto-currency trading is available to residents of more than 100 countries. It is also possible to work with fiat currencies on the exchange.

Coinbase is the most conservative and regulated exchange. The company focuses on operating exclusively in the legal sector and has already been licensed to operate in most U.S. states, including New York.

Despite these strict operating rules, users are confident in Coinbase's high level of customer asset protection. 98% of user funds are stored in offline physical wallets, and the rest of the crypto-currencies are insured. In case of fraud, Coinbase guarantees its customers a full refund of lost funds under an insurance policy.

Coinbase is actively investing in and acquiring various cryptocurrency projects.

  • The website sells Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos and EOS.
  • The use of credit or debit cards implies a service charge of 5%. Besides, the charges 3.90% for buying coins and 0.9% for selling these.
  • No Wallet.
  • Credit/debit cards and bank transfers; It supports SEPA and SWIFT payments.
  • Coinmama is a reputable company with a secure site using Trust Guard and Comodo technologies. Both services have confirmed that 256-bit SSL encryption is actively used on pages containing personal information.
  • Mobile app.


Paxful's mission is to provide people with a simple and secure platform to buy and sell bitcoins. The company is registered under United States (Delaware) law as a money transfer company with the Financial Crimes Network of the United States Department of Treasury.

Paxful, like LocalBitcoins, is a peer-to-peer crypto-currency platform where users transact with each other. Like most similar platforms, Paxful does not store funds and acts as a middleman for users. Paxful brings buyers and sellers together and supports over 300 different payment methods.

On Paxful, you can sell bitcoins by setting your price and choosing your payment method.

The platform supports its own mobile wallet (Paxful Wallet), which is available on iOS and Android and allows you to send, receive and store bitcoins, as well as track open transactions on Paxful, in a simple and straightforward manner :

  • Bitcoin and Tether as assets.
  • Commissions are applied for crypto selling:0.5% for bank transfers; 1% for bank cards and e-payments; 3-5% for gift cards; No commission is charged for buying cybercurrencies; Paxful will charge a transfer fee for sending funds to an external wallet. $ 0 - $ 9.99 = 0.0001 BTC$ 10 - $ 19.99 = 0.0002 BTC;More than $ 20 = 0.0005 BTC.
  • The Paxful Wallet App makes it easy to store and manage coins with your mobile wallet.
  • More than 300 ways to buy coins, including bank transfer, credit and debit cards, PayPal, Western Union, and even Amazon, iTunes or Steam gift cards.
  • The security of the system is ensured by two-factor authentication, depositing and the obligatory verification procedure when working with large amounts.
  • Paxful Wallet for Android and iOS.


HitBTC exchange is a great trading platform for crypto-currency transactions. It features a user-friendly interface, reliability and support for modern tools for a comfortable working environment.

When trading digital assets, the HitBTC exchange does not require mandatory user verification. All registered customers can freely trade crypto-currency assets using the trading platform's toolkit. However, in order to have full access to all the exchange's features, users must verify themselves, as this is your security.

The HitBTC exchange has a number of advantages that allow it to rank among the largest platforms in the crypto-currency market. You will find a set of convenient tools for trading, as well as the ability to buy tokens from projects in the ICO phase. Developers regularly list projects with potential. The credibility of the exchange is confirmed by positive customer feedback and a long history of activity on the digital assets market:

  • 800 currency pairs.
  • No commissions for deposits and a fixed commission for withdrawals depending on the coin; HitBTC uses a multi-level trading fee calculation system. The more a user trades, the lower his commission will be.
  • No crypto wallet.
  • The HitBTC exchange can be replenished exclusively with digital currency.
  • The platform provides 2-factor authentication, high-end encryption technology and cold storage of funds.
  • No application.

Crypto-currencies attract traders because of their volatility. It can fluctuate by dozens, even hundreds of percent, throughout the day. This price volatility has made the digital asset a popular tool for speculators. Users trade crypto-currencies to make quick profits. The most convenient places to do this are exchanges. Each has its own advantages and disadvantages. Please choose the site that suits you best, as each is good in its own way.