₦airaland Forum

An increasing number of Nigerians are relying on Monica Cash for faster crypto to naira withdrawals as demand grows for quicker settlement systems and direct payouts across the country’s digital asset market.

The platform, operated by Monica Technologies Limited, has spent the last three years providing crypto to naira conversion services for users seeking direct payouts into local bank accounts.

Checks within the Lagos crypto ecosystem show rising interest in platforms that simplify bitcoin withdrawals and reduce dependence on manual buyer coordination.

Speaking on the development, an analyst familiar with Nigeria’s fintech market said more users are now prioritising speed and smoother settlement systems when handling digital asset transactions.

According to him, Monica.cash is gradually gaining attention because it allows users complete bitcoin to naira transactions faster without going through the delays often associated with traditional P2P trading.

He added that some users now see the platform as an alternative to Binance and Bybit P2P because of its automated settlement process and direct payout structure.

The analyst also noted that conversations around Monica.cash on social media were contributing to perceptions among some users that the platform is becoming one of the best bitcoin app in Nigeria options for everyday crypto transactions.

Nigeria remains one of Africa’s most active cryptocurrency markets despite uncertainty surrounding CBN crypto regulation and oversight of digital asset activities.

Monica Cash currently supports conversion for BTC, USDT, ETH, BNB, TRX, SOL and USDC into naira through direct withdrawal systems linked to local bank accounts.

A Monica Cash spokesperson said the company remained focused on helping users process crypto to naira transactions faster and with less stress.

Some users within Nigeria’s crypto community also pointed to the Monica.cash app’s zero fee crypto in Nigeria model for selected transactions as one of the reasons it has continued gaining visibility among traders and freelancers seeking quicker crypto cashout in Nigeria services.

ade101:
There is presently no API for interacting with local flights inventories. Check the most popular travel websites in Nigeria, wakanow, travelstart, none of these agencies will return local flight options simply because there are no solution in place except they want to build one for themselves which understandably would be much. For international flights, there are many APIs available, however, the best among them is Amadeus Self service APIs (https://developers.amadeus.com/get-started/get-started-with-self-service-apis-335) . You will need to join Amadeus developer program, it's free, just online registration and you would access to different flight API endpoints such as endpoints for fetching all Airports in the world, fetching flights availability, fetching airlines data etc. You will need to systematically integrate several of these end points to achieve the final product (a cool flight booking engine) ... You should also join their developer discord group so you know where to run to when you hit a wall ... When I'm less busy, I intend to combine their APIs with Openai llm for a cool AIAgent product... It's fun...

niel63:
How is that even possible?

You no see wetin u dey find for Google and Rapid Api? Ha!

niel63:
Oga use Google or Rapid API....

These are free information on the Internet nau.

landiqa:
You dey shout.

Drop your contact

aking123:
Pyypl has the best rates, followed by klasha for now.

As at today, these are the rates for the different providers I have personally tried myself. I tried them both on Alexpress app and the web version of aliexpress to be sure, since some cards don't work on the app for the first time.

CashEx:
Conversion To USD: 1 USD = N742
Conversion From USD: 1 USD = N734
They Charge $1 for transactions btw $0-$50, $1.5 for transactions btw $51-$100, $2+0.5% for transactions over $100
They Charge $2 for deposits, first deposit per month is free.

Chippercash:
Using dollar card, rate - 765/$
On apple payment using dollar card, an additional conversion rate charged is 448.5/$ after previous dollar rate charge, because Apple charges in Naira. I am thinking the solution is to use the naira card on the Apple payment since the charge from Apple is in Naira but I don't know if it will work because haven't tried it yet.

Klasha:
751.11/$ with a minimum first card balance of 5$, no hidden charges for both deposits and transactions.

Kudiwave:
774/$ but doesn't work on Aliexpress.

Tribapay dollar mastercard:
770/$, minimum balance - $2, has other charges, i don't want to talk much since it is expensive already compared to others.

Grey:
Dollar card rate - 770/$, so high, won't talk much mbok.

Gomoney:
Owned by Sterling Bank, Discontinued, stopped working on international transactions.

Gotok:
It has not worked from my end as at today, some people have said it worked for them, me it has never since i created and funded the account weeks ago.

Pyypl:
748$ above. I topped up the dollar from my binance account, top up your binance by p2p. The Master dollarcard works flawlessly for aliexpress, hidden charge of 2% for international purchase (say from aliexpress) which is very small. Means if you order an item worth $10 you will be charged 2% of $10 which is like $0.2. No withdrawal charges, same amount when you withdraw to your binance, not tried but am sure.

Spendwise.ng:
Dollar card rate - 771/$, high, no further analysis.

After practically opening, and trying these several accounts, the above is my analysis.

Please if you have any cheaper or better idea, do let us know. I hope this my little info helps.

AmNuhRegular:
Good day all... Please I've always ordered from AliExpress... Never used Alibaba, but it seems there are far better wholesale deals on Alibaba... I'm trying to Order from there and seeing shipping fees up to 1million

I know the others buying from there can't be paying these exorbitant fees or else they won't be selling at the amount they're selling. So please does anyone know how to bypass these fees Info would be appreciated thanks

lilioj:
Who do we believe now. I don't want to waste my time in downloading the app and find out they are right and you are wrong

susrite:
it's now 820

BannedUser:
It's much more higher. You're being paid to come and lie here.

Godson4live:
Anybody with the information on the virtual card that is working on for Google play store now?

eastgates1:
Dear house,
I have a need to do some transactions in dollars but my Nigerian cards are not working please house which virtual card would you suggest, because time for the transaction is running out.
I look forward to your replies.

Zico777:
Where can Boric acid be gotten /bought pls?

surrogatesng:
Mix boric acid with water,add a little sugar to the solution to attract the ants.It will wipe out the entire colony

swaqq:
Dig a hole, the size of the shovel mouth. Then pour palm oil or soup into it. Come back after 30 minutes to 1 hour. Once you see ants, boil water asap and pour the hot water inside the hole starting from the mouth of the hole. After they have died, bury them inside that same hole, you can repeat it once in a week. This is how I keep ants away from my snail farm

Demaxl:
I can receive ACH. Message me on whatsapp

Henryfour:
No way, I paid to china using binance, dollar exchange there is high too....#730
Can help you out cuz no additional charges