Binance has had no naira market since March 2024, and that had not changed when we checked on 1 November 2026. You can move to another P2P market, which keeps a stranger in every trade, or sell directly to an app. Yesa is the direct route: your naira figure on screen before you sell, zero sell fees and a measured 4.7 second median bank payout.
Update, 31 October 2026: Binance paused withdrawals after a security incident on 29 October and said it expected to restart them within days. Check Binance's own announcements for the current position before you plan a transfer.
Indicative market rate. The rate you see in-app is the rate that settles.
Binance announced that it was discontinuing all naira services. Naira withdrawals ended on 8 March 2024. On 1 November 2026 the naira was still absent from Binance's P2P currency list.
Binance still works for trading one crypto against another. What it no longer does is turn crypto into money in a Nigerian bank.
Another P2P market means the same trade-off you knew on Binance. You are dealing with a stranger: you wait for their transfer, confirm it really landed in your account, and handle any dispute yourself. With Yesa there is no stranger.
No counterparty, no waiting for a buyer. Only what each app publishes about itself, checked on 1 November 2026. This table shows the points where Yesa differs.
| Option | Measured payout speed published | Bank payout |
|---|---|---|
| Yesa | Yes | Median 4.7 seconds across 1,700 payouts |
| Breet | No | Within 5 minutes, per its help centre |
| Monica | No | No measurement |
| Busha | No | No figure published |
| Luno | No | 6 to 12 hours |
On the latest version of the app, your naira amount is held on the confirm screen, with a countdown. Confirm while it runs and you get the amount shown. If the market moves too far, you see a fresh price before anything is sold.
The full write-up of each app, with what you give up, is in the best apps to sell USDT in Nigeria. If you want the step by step version, read how to sell USDT without P2P.
Choose the coin, and copy the address for a network your deposit screen lists. For USDT, TRC-20 is the common choice in Nigeria.
Paste the address and pick the same network on that side. Yesa shows a memo only on networks that need one.
Watch it arrive before you move the rest.
The naira amount is shown before you confirm. Withdraw to any Nigerian bank account.
No. Binance discontinued all naira services in March 2024, and on 1 November 2026 the naira was still absent from its P2P currency list.
Yesa, which we build. Sell directly to an app instead of dealing with a stranger: you see the naira figure before you send, pay zero sell fees, and withdraw to your bank with a measured median payout of 4.7 seconds across 1,700 payouts. P2P keeps the strangers and the disputes.
Withdraw it to the deposit address of the platform you are selling on, choosing the same network on both sides. TRC-20 is the common choice in Nigeria. Send a small test first.
On Yesa there are zero sell fees, and you see one figure before you confirm. P2P prices are set by whoever is offering, and they move. Compare the final naira amount for what you are selling against the time and risk of a P2P trade.
Across 1,700 measured bank payouts on Yesa, the median payout time was 4.7 seconds. These are historical measurements, not guarantees. The on-chain part, your crypto reaching Yesa, comes first and depends on the network you send on.
Yes. Buying, holding and selling cryptocurrency is legal for individuals in Nigeria. Digital assets are recognised under the Investments and Securities Act 2025, and the Securities and Exchange Commission regulates digital asset services. Crypto is not legal tender, and profits from trading may be taxable, so keep your own records of what you buy and sell. This is general information rather than legal or tax advice; the Securities and Exchange Commission and the Central Bank of Nigeria publish the current position.
The Yesa Team. Yesa publishes this page. Facts about other products come from what they publish on their own websites and help pages, checked 1 November 2026. If you spot something out of date, tell us and we will correct it.