Why Skip P2P When Converting Bitcoin?
Peer-to-peer (P2P) trading has been the traditional way to convert Bitcoin to Naira, but it comes with significant risks including scammers, frozen accounts, and delayed payments. XFiat offers a direct solution that eliminates these headaches.
Step-by-Step Guide
1. Create Your XFiat Account
Download the XFiat app and complete a quick verification process. This takes less than 5 minutes and ensures your transactions are secure.
2. Link Your Bank Account
Add your Nigerian bank account details. We support over 1,000+ banks including GTBank, First Bank, Zenith, UBA, and more.
3. Send Bitcoin to Your Wallet
Copy your unique Bitcoin wallet address from the app and send your BTC. Minimum amount: 0.001 BTC.
4. Convert and Withdraw
Click "Convert to Naira" and select your bank account. Funds arrive within minutes, not hours or days.
Benefits of Using XFiat
- No P2P Risk: Direct transfers mean no scammers or fake payment screenshots
- Best Rates: Competitive exchange rates with 0.5% fee
- Instant Settlement: Receive Naira in your account within minutes
- 24/7 Support: Our team is always ready to help
- Secure: Bank-level encryption protects your funds
Current Bitcoin to Naira Rate
As of today, 1 BTC = ₦45,250,000. Our rates update every minute to reflect real-time market conditions.
Frequently Asked Questions
Is there a minimum amount?
Yes, the minimum is 0.001 BTC (approximately ₦45,000).
How long does it take?
Bitcoin confirmations vary by network congestion. Once confirmed, Naira arrives in your bank within 45 seconds to 3 minutes.
Are there any hidden fees?
No hidden fees. We charge a transparent 0.5% service fee. What you see is what you get.
Ready to Convert?
Join 50,000+ Nigerians who have ditched P2P for direct crypto-to-bank transfers. Download XFiat today and experience the future of cryptocurrency conversion.
