5 Exchanges to Sell USDT at the Best Rates in Nigeria

USDT, or Tether, stands as one of the most widely used cryptocurrencies in the digital currency realm. Unlike many other cryptocurrencies known for their price volatility, USDT holds a unique position as a stablecoin, designed to maintain a consistent value, of one US dollar; i.e. 1 USDT = 1 Dollar.

In Nigeria, you’ll come across various platforms that allows the exchange of USDT for Naira, but you have to be careful when carrying out such transactions. You have to choose a reliable platform and aim for the best rates so as to get the most out of your transactions. Here are five reputable platforms to sell USDT in Nigeria.

Dart Africa

Dart Africa stands out as the best platform for selling USDT in Nigeria, consistently earning praise from users who share their positive experiences within the crypto community. The platform’s user-friendly interface makes it a breeze to navigate; welcoming both newcomers and experienced traders, Dart Africa provides a platform that accommodates users with varying levels of expertise in the crypto space.

Currently, Dart Africa has the best rates for USDT. The ease of use combined with the favorable rates has created a ripple of satisfaction among users.

Astro Exchange

Astro Exchange stands out as a highly favored platform, providing users the flexibility to sell USDT for Naira or Ghanaian Cedis. Beyond this, Astro Africa goes the extra mile by facilitating transactions involving gift cards and cryptocurrencies. Notably, it has swiftly risen to become the preferred alternative to Paxful. A few months ago, Paxful experienced a service interruption, prompting many users to make the shift to Astro Exchange. The platform’s appeal lies not only in its fast payout system but also in its competitive rates.

Luno

Luno is a user-friendly exchange, providing Nigerians with a platform for both buying and selling USDT. While it enjoys a well-known status in the world of cryptocurrency exchanges, some users have voiced concerns regarding the fees associated with Luno. Despite this critique, the platform continues to attract users due to its accessibility and recognition within the crypto community.

Prestmit

Prestmit, founded in 2017, is steadily gaining recognition as an emerging platform that facilitates the sale of USDT for Naira. Despite its recent surge in mainstream attention, Prestmit has quickly made a mark in the digital asset landscape. The platform provides users with a range of options, allowing them buy or sell various digital assets, including popular cryptocurrencies like Bitcoin, Litecoin, Dogecoin, and USDT (Tether).

Breet

Breet, a recently established Over-The-Counter (OTC) platform, facilitates selling cryptocurrencies for cash. Despite being a newcomer in the exchange arena, Breet has rapidly gained attention for its innovative OTC model. One notable feature that sets Breet apart is its cost-free usability, making it an attractive choice for users looking to engage in crypto transactions without incurring additional fees.

How Much is 100 USDT to Naira Today?

In Nigeria, a lot of people opt to save up in USDT due to its equivalence to the USD and its stability. USDT offers a reliable peg to the US dollar, providing a sense of security and reducing the risk associated with the fluctuations common in other cryptocurrencies.

Given the multitude of exchanges available, users have to carefully navigate and choose the platform offering the best rates to maximize their profits. Here are the rates for USDT today across platforms:

• Dart Africa; Presently, 100 USDT is worth NGN 99,500 on Dart Africa.
• Astro Exchange; At the moment, 100 USDT is worth NGN 98,500 on Astro.
• Prestmit; Currently, 100 USDT is worth NGN 97,500 on Prestmit.
• Breet; Presently, 100 USDT is worth NGN 96,000 on Breet.

You should know that the value of USDT in Naira is not fixed. To keep track of the latest rates, it is a good idea to use a rate calculator. This helps you stay updated on changes in real-time so you can make smart decisions.

From the rates above it is obvious that Dart Africa has the best USDT in Nigeria.

To trade USDT for Naira on Dart Africa:

• Visit dartafrica.io or use the mobile app for a smooth experience.
• Register and create a transaction PIN for security.
• Go to the “Sell Coins” section and choose USDT.
• Make sure your USDT amount is in USD and meets the $20 minimum.
• Click “Sell Now” to generate a barcode and get a wallet address.
• Send the specified USDT amount to the provided address using your crypto wallet.
• Monitor the transaction progress in the “Trades” section.
• Once confirmed, proceed to withdraw the equivalent Naira amount to your local bank by clicking “Withdraw funds.”