How to Buy Bitcoin (BTC) in Nigeria
Create an account, add naira, and buy Bitcoin at the live rate.
Luno's been building crypto infrastructure since 2013, the same year Bitcoin first became a mainstream conversation in Nigeria. Buying your first Bitcoin here means a regulated platform, a live naira price you can trust, and a buying flow built to get you from sign-up to owning crypto in minutes, not hours.
BTC/NGN market stats
What you'll learn about Bitcoin
Where and how to buy Bitcoin, with clear, step-by-step instructions.
The live Bitcoin price in naira, plus key stats: market cap, volume, and all-time high.
Where to go next if you're also curious about Ethereum or XRP, Luno's other most-traded assets.
Buying Bitcoin on Luno
1.
Create your account
Sign up with your email and verify your identity, a standard check for every regulated exchange.
2.
Add
naira
to your wallet
Deposit by bank transfer, or use a card if you'd rather not wait.
3.
Select Buy, then
Bitcoin
Open the Buy screen and choose Bitcoin from Luno's list of supported crypto assets.
4.
Enter an amount
Type in a naira amount or a BTC amount, whichever's easier, the app converts it either way.
5.
Choose how to pay
Use the naira balance in your wallet, or pay directly with a linked card.
6.
Review, then confirm
Check the live rate and the exact transaction cost, once-off or as a repeat buy, then swipe to buy.
Why invest with Luno?
Proof of reserves
Verified monthly by Moore, on a 1:1 basis.
Since 2013
More than a decade building in crypto.
Trusted by millions
Millions of customers, globally.
Institutional-grade security
Cold storage via BitGo and Fireblocks, ISO 27001-certified.
Explore more ways to buy crypto
Learn how to buy Ethereum
The same step-by-step buying guide, plus the live ETH to naira rate.
Learn how to buy XRP
The same step-by-step buying guide, plus the live XRP to naira rate.
How to Buy Bitcoin in Nigeria: FAQs
Is it legal to buy Bitcoin in Nigeria?
Yes. Nigeria's Investments and Securities Act (ISA) 2025 classifies digital assets as securities, regulated by the Securities and Exchange Commission (SEC), and buying, holding, and selling Bitcoin is legal for Nigerian residents. It isn't recognised as legal tender for everyday payments.
Is my Bitcoin safe with Luno?
Yes. All crypto held with Luno is verified monthly on a 1:1 basis by independent auditors, and stored in cold storage via BitGo and Fireblocks, both ISO 27001-certified.
Do I need to buy a whole Bitcoin?
No. You can buy or convert any amount of Bitcoin, down to a small fraction, so you can start with whatever amount suits you.
How much is 1 Bitcoin in naira?
The Bitcoin price in naira changes all the time, because it trades 24 hours a day and moves with global supply and demand. To see what one Bitcoin is worth right now, check the live Bitcoin to naira rate, or use the calculator above to work out any amount, in either naira or BTC.
Can I buy Bitcoin with a debit or credit card?
Yes. You can buy Bitcoin instantly with a debit or credit card. Exact fees depend on your payment method and are always shown before you confirm.
How do I deposit naira to buy Bitcoin?
Deposit Naira by bank transfer from your Nigerian bank account, or buy directly with a card. Fees depend on your payment method and order type.
What fees does Luno charge to buy Bitcoin?
Fees depend on your payment method and order type. Check the current fee schedule on Luno before placing an order.
How long does it take to buy Bitcoin on Luno?
Buying Bitcoin with a naira balance already in your wallet happens instantly at the live rate. Depositing first follows your bank's normal transfer time.
Can I sell my Bitcoin back for naira?
Yes. You can sell Bitcoin for naira at the live rate any time, then withdraw to your bank account whenever you're ready.
Do I pay tax on Bitcoin profits in Nigeria?
Yes. Nigeria's Tax Administration Act (NTAA) 2025 brought crypto assets into the personal income tax framework, with profits from buying and selling Bitcoin taxable at income tax rates. This isn't tax advice, so speak to the Nigeria Revenue Service (NRS, formerly FIRS) or a chartered tax practitioner about your specific situation.