Deriv's own pages list crypto withdrawals, P2P in your local currency where it is offered in your country, and payment agents. If you hold crypto in Deriv, or want to withdraw in crypto, here is how to turn it into naira in your bank, step by step.
Trading forex, CFDs and synthetic indices with leverage carries a high risk of losing money, and it is for adults (18+) only. This page is about moving money that is already yours; it does not suggest trading.
Yesa is not a broker and is not affiliated with Deriv. Only withdraw money that belongs to you, to an account in your own name.
Deriv lists several withdrawal methods. Which ones you see depends on your country and your account.
| Route | What Deriv's pages say | Who pays you naira |
|---|---|---|
| Crypto withdrawal | Bitcoin, Ethereum, Litecoin, USDC, XRP and Tether on more than one network, sent to an address you give | Whoever buys the coin from you, for example Yesa |
| Deriv P2P | Deposit and withdraw in your local currency with other users; availability depends on your country of residence | Another Deriv user, from their bank |
| Payment agents | Independent agents; Deriv says it is not affiliated with any of them and you deal with them at your own risk | The agent |
When we checked on 18 October 2026 we could not find a Deriv page that names a naira bank transfer as a withdrawal method. If your cashier shows one, that is another option. Yesa is our app, so read this comparison with that in mind. Everything in the Yesa column is something you can check on screen before you confirm.
Deriv's help centre names Bitcoin, Ethereum, Litecoin, USDC, XRP and Tether, with Tether on more than one network: eUSDT is USDT on Ethereum (ERC-20), and Deriv added USDT on TRON (TRC-20) in 2023. Yesa buys USDT, Bitcoin (BTC), Ethereum (ETH), Solana (SOL), BNB, USDC, Litecoin (LTC) and TRON (TRX). Choose a coin on both lists, then a network your Yesa deposit screen lists.
In Yesa, open that coin and copy the address for the network you chose. For USDC, Yesa accepts Ethereum (ERC-20), Solana, Polygon, BNB Smart Chain (BEP-20), Base and Arbitrum.
Choose the crypto you are withdrawing (menu names can change between app versions). Deriv sends a confirmation email for a crypto withdrawal; open the link in it to continue.
Paste your Yesa address, never type it, and compare the first and last few characters. Deriv shows the minimum and maximum for the method before you confirm.
The first time, send a small amount and wait for it to show in Yesa. Deriv shows the withdrawal as pending until it is processed.
The naira amount is on your screen before you confirm the sale. Then withdraw to any Nigerian bank account in your name.
Deriv lists Tether more than once. eUSDT travels on Ethereum (ERC-20); tUSDT travels on TRON (TRC-20). Pick the entry whose network matches the network of the Yesa address you copied. Deriv's help centre warns that sending on the wrong network means a permanent loss.
Your Yesa address for one coin and network is not the address for another. Copy a fresh one each time you change coin or network.
Deriv confirms a crypto withdrawal by email before it goes. If the email does not arrive, check spam and promotions before you request another.
Deriv says the withdrawal method you choose may charge a fee. The minimum and maximum show when you choose the method.
Many people send Deriv withdrawals to an exchange first, then try to get naira from there. The coin still has to be sold for naira somewhere. Sending it to Yesa skips the extra hop: the same withdrawal steps, with your Yesa address in place of an exchange address.
If you are comparing routes for USDT, see four ways to cash out USDT in Nigeria and how to sell USDT without P2P.
Yesa buys USDT, Bitcoin (BTC), Ethereum (ETH), Solana (SOL), BNB, USDC, Litecoin (LTC) and TRON (TRX). Your Yesa deposit screen is the final word: send only on a network it lists, and send a small test amount the first time. A coin sent on a network the screen does not list can be lost.
Guides for each coin: sell USDT, sell USDC, sell Bitcoin, sell Ethereum, sell Solana, sell BNB and sell Litecoin. The full list of coins and networks is on coins and networks Yesa supports.
This guide explains how to move and sell crypto you already hold. It is not a view on whether to sell, hold or buy any coin, and nothing here is financial advice.
Deriv's pages list crypto withdrawals, P2P in your local currency where it is offered, and payment agents. We could not find a Deriv page naming a naira bank transfer. With crypto, withdraw a coin Yesa buys to your Yesa address, sell it at the naira figure on screen, and withdraw to any Nigerian bank account.
Deriv lists eUSDT (USDT on Ethereum, ERC-20) and USDT on TRON (TRC-20) as separate entries. Choose the one whose network your Yesa USDT deposit screen also lists, and send a small amount first.
You can send a crypto withdrawal to any address on the right network. If the goal is naira in your bank, the coin still has to be sold somewhere; sending it to Yesa and selling there is one hop instead of two.
Deriv's help centre says your chosen withdrawal method may charge a fee. The cashier shows the limits for the method before you confirm. Yesa's side has zero sell fees.
First check whether it is still pending in Deriv. Then look up the transaction hash on the network's explorer. If it is confirmed on chain and still missing in Yesa, email support@yesaapp.ng with the hash.
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.
The Yesa Team. Details checked 18 October 2026. Details about other platforms come from their own apps, announcements and help pages on the date shown; menu names, limits and fees can change between app versions. If anything here is out of date, email support@yesaapp.ng and we will correct it.