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We’ve written articles on how to deposit and raise/withdraw cryptocurrencies and Naira on Binance and Bundle Africa, some of you are already using it with no problem. Today we want to show you how to deposit and raise/Withdraw Naira on the Quidax exchange.
In addition, you should not have to worry about laying or withdrawing Naira on the said encryption exchange platform. On Quidax, you can trade the various cryptocurrencies available on the platform, convert them into naira and withdraw them to your bank account via P2P.
Currently, the crypto market is in decline, so now is the best time to buy before it starts again. A few days ago Quidax launched the P2P feature that allows you to replace naira and keep it in your bank account. Here's how it works below.
With a P2P platform, you can list your Naira for sale, other people can see the listing and transact directly with the person selling while Quidax acts like a middle person in case there’s a dispute.
You can buy Naira on Quidax to fund your Naira wallet, or sell Naira as a way to withdraw and it’s super easy:
How it Works
- Log into your Quidax account and Click on P2P.
- Click on Buy. You’ll see a list of people you can buy Naira from at different prices.
- Click “Buy NGN” on an offer to see more details.
- Enter the amount you want to buy and pay into the seller’s bank account.
- After paying, confirm that you’ve paid. The seller will check that they received the money and confirm it. Then Quidax will release the money to you.
How to Sell (Withdraw) using Quidax P2P
- Log into your Quidax account and Click on P2P.
- Click on Sell. You’ll see a list of people you can sell your Naira to at different prices.
- Click “Sell NGN” on an offer to see more details.
- Enter the amount you want to sell and then send your account details (Bank Name, Bank Account Number, and Account Name) via the chat.
- The person will then send the money to your account.
- Once you have received the money and confirmed it, Quidax will then release the money to the seller.
Note: You’ll need a level 3 ID verification to trade on P2P
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