Are you seeking alternatives to the crypto exchanges OKX and KuCoin in Nigeria? This article explores some of the best options available in the Nigerian crypto market.
1. Binance
Binance is one of the largest exchanges globally, boasting over 200 million users. It stands out as a premier alternative to OKX and KuCoin in Nigeria. However, Binance has faced some controversy in Nigeria, notably the recent delisting of the Naira from their P2P marketplace.
2. Obiex (Formerly Obiex Finance)
Obiex is a rapidly growing exchange from Africa, with over 80,000 users worldwide and a strong presence in West Africa. The platform offers free swaps, P2P for XAF in Cameroon, swap without confirmation, and allows users to swap and withdraw crypto as NGN. With over 25 currencies listed, Obiex is a top contender as an alternative to OKX and KuCoin in Nigeria.
Coinbase is second only to Binance in terms of global reach. Backed by YC Combinator in its early stages, Coinbase is an American company aiming to revolutionise the crypto industry. Although it doesn’t have a strong presence in Africa, the platform is accessible to Nigerians.
4. Gate.io
Gate.io is a leading exchange offering over 1,700 cryptocurrencies and stablecoins. While it’s currently unavailable in the US, it is accessible to African users, including Nigeria. Gate.io’s emphasis on security makes it a notable alternative.
Yellow Card allows users in Nigeria and other African countries to buy and sell Bitcoin and various other cryptocurrencies. The exchange supports different payment methods and offers competitive rates.
6. Trust Wallet
Trust Wallet is a decentralised exchange owned by Binance since 2018. For those looking to trade crypto on a decentralised platform, It is an excellent alternative to OKX and KuCoin in Nigeria.
7. Quidax
Launched in 2018, Quidax has established itself as a top exchange in Nigeria. On the platform, users can trade BTC, ETH, and other cryptocurrencies and buy and sell crypto for fiat.
Conclusion
These are seven of the top alternatives to OKX and KuCoin in Nigeria. Each offers unique features and advantages, catering to the region's diverse crypto users' needs. Whether you prioritise security, decentralisation, or a strong local presence, there is an exchange to suit your requirements.
