Advertisement

There are a lot of articles here that talks about how to deposit and withdraw cryptocurrency and Naira from some crypto exchange platforms such as Luno, YellowCard. Today you are going to learn how to deposit and withdraw Naira on Quidax Exchange.

Quidax exchange

With this, you shouldn’t be bothered about depositing or withdrawing Naira on the above-listed crypto exchange platform. On Quidax you can trade different cryptocurrency available on the platform, convert them to naira and withdraw it to your bank account via P2P.

The crypto market is currently bearish so this is the best time to buy before it becomes bullish again. A few days ago, Quidax launched P2P Feature that allows you to trade naira and have it in your bank account. Here is 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 as 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:

Advertisement

How it Works

  1. Log into your Quidax account and Click on P2P.
  2. Click on Buy. You’ll see a list of people you can buy Naira from at different prices.
  3. Click “Buy NGN” on an offer to see more details.
  4. Enter the amount you want to buy and pay into the seller’s bank account.
  5. 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.
ALSO READ:  MoneyGram – How To Track Your Transaction Online

How to Sell (Withdraw) using Quidax P2P

  1. Log into your Quidax account and Click on P2P.
  2. Click on Sell. You’ll see a list of people you can sell your Naira to at different prices.
  3. Click “Sell NGN” on an offer to see more details.
  4. Enter the amount you want to sell and then send your account details (Bank Name, Bank Account Number, and Account Name) via the chat.
  5. The person will then send the money to your account.
  6. 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

Advertisment

LEAVE A REPLY

Please enter your comment!
Please enter your name here