How to sell BNB, BTC or ETH for naira in Nigeria
Send BNB, Bitcoin or Ethereum to your own deposit address and get naira in your bank. Networks, minimums and how your naira value is set.
The short answer: open VinX on Telegram, choose to sell crypto, pick BNB, BTC or ETH, and send it to the deposit address the bot shows you, on the network it names. Your naira value is set at the VinX price when your deposit confirms, then it lands in your VinX wallet and goes to your bank.
Networks and minimums
- BNB: BEP20 (BNB Smart Chain). No minimum.
- BTC: the Bitcoin network. Minimum 0.00005 BTC.
- ETH: ERC20 (Ethereum). Minimum 0.000001 ETH.
Send only that coin, on that network, to the address for it. Other coins or networks sent to that address are lost.
How your naira value is set
BNB, BTC and ETH prices move all the time, so VinX values your coin at the VinX price when your deposit confirms, not when you press send. If the price moves while your deposit is confirming, your final naira amount moves with it. The bot shows the rate before you send, so you know roughly what to expect.
Step by step
- In the bot, choose to sell crypto and pick your coin.
- Copy the deposit address the bot shows you. It belongs to your account.
- In your wallet or exchange, choose the same network, paste the address and check the first and last few characters.
- Send. The bot tells you when it sees your deposit, then shows what you received once it is credited.
- Your naira goes to your VinX wallet, and straight to your bank if autopay is on. When autopay sends it to your bank, that payout carries a ₦53.75 transfer fee. Withdrawing from your wallet yourself has no fee.
Selling stablecoins instead
If you hold USDT or USDC, the steps are the same, and the rate doesn't swing with the coin price.