Digital Currency Exchange in Nigeria: Instantexchangers

Just like the traditional exchange system, digital currency exchanges work in similar fashion. In the traditional system, you go over-the-counter, you first deposit amounts of money in the currencies supported by the exchange, and the exchange gives you the equivalent value of the money you deposited in the currency you want. 

Painting the description above in light of digital currency is just erasing ‘over-the-counter’ and inserting ‘over-the-internet’. But, unlike over-the-counter exchanges which trade local currencies such as your Naira, USD, Euro and co; Digital currency exchange transactions are your Bitcoin, Litecoin, Perfectmoney, Payeer, Cashu, Epay, Webmoney and other digital currencies.

Exchanging is done by placing "buy" or "sell" orders, which the exchange system software then matches with each other. "Buy" orders are offers to buy a particular digital currency in exchange for another currency at a price set by the Exchange. "Sell" orders are offers to sell currencies at a minimum price-per-currencies., founded by Obayomi Olubowale in the year 2010 is Nigeria’s best known certified exchanger. has grown over the years to be Nigeria’s most trusted and most secured Exchange platform. growth has led to the birth of Nigeria’s first bitcoin wallet service provider ( which was also founded by the Digital Currency Entrepreneur/Investor Obayomi Olubowale. With regular innovations and originality from the Exchange, is Nigeria’s most loved and most appreciated digital currency exchange portal.

Transactions with the is done using a standard web browser or via Instantexchangers mobile app on IOS, Windows and Andriod, over a secure connection.
The payment methods that are accepted and used by Instantexchangers are:
  • Cash Deposit
  • Internet Banking
  • Western Union Money Transfer
  • GTB *737#
  • Naira Debit Cards (Master Card, Verve &Visa)
Currencies that can be exchanged with Digital Currencies in an automated way include:
  • Naira
  • US Dollar

Get Started –

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