Coinbase will not pay naira into a Nigerian bank. When we checked its own list of countries where USDC can be cashed out to a bank, Nigeria was not on it. What you can do is send your crypto out of Coinbase and sell it for naira. Here is how, without losing money to a wrong network.
Coinbase's bank withdrawals depend on local banking rails it has set up country by country.
Coinbase publishes which countries can buy USDC with local money and which can cash it out to a bank. On 20 September 2026 Nigeria appeared on neither list. Sending crypto to an outside address is a separate feature, and that is the way out.
So the route is: send from Coinbase to a platform that buys crypto for naira, sell there, and withdraw to your bank.
USDC or SOL are the practical choices. USDC keeps its dollar value while it moves.
For USDC, Yesa accepts Ethereum (ERC-20), Solana, Polygon, BNB Smart Chain (BEP-20), Base and Arbitrum. Copy the address for the network you will use.
Coinbase shows the available networks in the send flow. The network you pick there must be the one your Yesa address is on. Coinbase is explicit that funds sent on the wrong network are not recoverable.
Crypto bought with a bank payment that is still on hold can be sold or traded on Coinbase but not sent until the hold lifts. Coinbase gives the date in your confirmation email.
Coinbase shows its network fee before you confirm.
Sell at the rate on screen and withdraw to any Nigerian bank account.
Coinbase charges an estimated network fee on sends to outside addresses and shows it before you confirm. Transfers between Coinbase accounts are free, which does not help here.
Base, Arbitrum, Polygon and Solana usually cost a cent or less and confirm in seconds. Ethereum usually costs a few dollars and takes minutes.
On Yesa the payout rate is on screen before you sell, and bank payouts have a measured median of 4.7 seconds across 1,700 payouts. Historical measurements, not guarantees.
Not directly. Nigeria is not among the countries where Coinbase cashes crypto out to a local bank. Send your USDC or SOL from Coinbase to a platform that buys it for naira, sell there, and withdraw to your bank.
USDC or SOL are the practical choices. USDC keeps its dollar value while it moves, so the naira figure stays close to what you expected.
The same one on both sides. For USDC, Yesa accepts Ethereum (ERC-20), Solana, Polygon, BNB Smart Chain (BEP-20), Base and Arbitrum. Coinbase shows its available networks in the send flow. Base, Arbitrum, Polygon and Solana are usually the cheapest.
Crypto bought with a payment that is still on hold can be traded but not sent until the hold lifts. Coinbase puts the date in your confirmation email, and its support team cannot shorten it.
Yes. Coinbase Wallet is a separate self-custody app. Send from it the same way: choose the token, paste your Yesa deposit address, and use the network that address is on.
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. Details checked 20 September 2026. Information about other products comes from their own help pages and documentation; if you spot something out of date, tell us and we will correct it.