How Much is 1 Ethereum to Nigerian Naira?
1 Ethereum (ETH) is equal to 876,115 NGN, according to Breet rates as of September 22, 2022.
The conversion rate between USD & NGN was: 1 ETH = $1279 = 876,115 NGN. It is likely the rate here will increase or reduce depending on the value of Ethereum as of when reading this.
If you’re looking for ways to sell Ethereum in Nigeria, then look no further than this guide.
To get the best Ethereum rates when selling Ethereum in Nigeria, you need to use a reputable exchange, and you should also check the current price of Ethereum against other exchanges before you decide which one to use.
There are many factors that affect the price of Ethereum and other cryptocurrencies like Bitcoin, but the main factor is the market demand and supply of the cryptocurrency. These include how much people are willing to pay for them, how much they are willing to sell them for and how safe they feel using them.
Best Ethereum Rates In Nigeria 2022
According to the latest Cryptocurrency Adoption Index, which was conducted in August 2022 by Finder.com, Nigeria is 2nd among 26 countries that have adopted cryptocurrency.
Many countries have had a split in the minds of regulators regarding crypto’s legality. It has been in constant dispute whether cryptocurrency is legal or illegal in Nigeria. Nigeria doesn’t consider cryptocurrency a legal tender. Although it is legal to trade Ethereum and other cryptocurrencies in Nigeria, it is not yet legally recognized.
High crypto transaction fees are a problem for many Nigerian crypto traders. To find the best cryptocurrency trading platform in Nigeria with the best Ethereum rate, you need to compare the fees during and after conversion. What are their withdrawal fees, processing fees and receiving fees? These fees could discourage crypto trading when trying to sell your Ethereum in Nigeria.
It can be hard to find the right platform for cryptocurrency trading that offers the best Ethereum rates in Nigeria. Many cryptocurrency exchanges have been created to make it easier for people to be able to sell Ethereum in Nigeria at higher rates. Although not all cryptocurrency trading platforms are legitimate, To find the best place to sell Ethereum and other cryptos in Nigeria, you should check out these key guidelines.
Breet Offers the Best Ethereum Rates in Nigeria 2022
Breet App is an automated crypto-to-fiat mobile app. It is one of Nigeria’s most trusted and well-respected crypto exchange platforms. Breet does not use peer-to-peer trading to sell Ethereum and other cryptos. It uses automated technology to convert your ETH to the fiat equivalent of your coin(s) at the best Ethereum rates.
It is highly recommended you sell Ethereum in Nigeria at the best Ethereum rates. Breet does not charge any withdrawal fees. Breet is free to use, and you can earn points that can be converted to money for every transaction you make on the platform.
It takes just five minutes or less to sell your Ethereum using Breet. You won’t be subject to fraud or any other unusual problems. To sell Ethereum, you don’t have to work with anyone. Breet makes it easy to sell Ethereum directly at the highest rates without having to involve anyone. It is safe and reliable.
How to Sell Ethereum Using Breet at the Best Ethereum Rates in Nigeria
Before you can sell Ethereum, you must log into your Breet account. You should complete all verifications to ensure your security. This will foster high security for your Ethereum investment account and protect your account from unauthorised access.
After logging into your Breet account, you will need to add your Naira bank account as a payment method. To add your bank details, follow these steps:
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Click on the “menu bar” located at the top right corner
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Click on the “Bank Details ” tab
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Click on “Add your Account Details”
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Input necessary bank information
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Choose Naira as your desired currency
Next, confirm. You are now ready to sell Ethereum with Breet for the best rates. It takes only five minutes or less.
Step-by-step guide:
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Click on “Sell Ethereum”, which will open the Ethereum trade page.
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The Ethereum trade page displays rates with the value in dollars ($).
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Generate Ethereum address
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Just like bank account details, send the Ethereum wallet address to your sender.
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The naira value will be added to your account after 3 confirmations from the blockchain network.
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Click on “withdraw”
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It will then be sent directly to the local bank account you added.
You have now successfully converted and withdrawn Ethereum to your Naira Account. It’s that easy and stress-free. When selling your Ethereum in Nigeria, you should download the Breet App on Android or IOS to get started and enjoy seamless trading and higher rates.