Banks That Accept Bitcoin in Nigeria

Bitcoin is the most popular and widely used cryptocurrency in the world. A decentralized digital currency can be sent and received without intermediaries or central authorities.

The Central Bank of Nigeria is not friendly towards Bitcoin and other cryptocurrencies. They have imposed restrictions and fees or even banned crypto transactions altogether.

This has made it difficult for Nigerian crypto enthusiasts and traders to access the global crypto market and enjoy the benefits of Bitcoin through their local banks.

Which bank in Nigeria Accepts Bitcoin?

The Central Bank of Nigeria (CBN) has banned all Nigerian banks from facilitating payments for cryptocurrency exchanges as of 17 January 2023. This means that no bank in Nigeria currently accepts Bitcoin or any other cryptocurrency.

However, some ways to buy and sell Bitcoin in Nigeria still exist, such as using peer-to-peer (P2P) platforms, decentralized exchanges (DEXs), or non-custodial wallets. These methods do not rely on banks or intermediaries but on direct user transactions.


Be aware of the legal and regulatory risks of trading cryptocurrencies in Nigeria. We are not financial advisors, and this is not financial advice.

Always abide by the laws of any country you find yourself in.