how to convert usdt to naira on bybit

Through Bybit's P2P Trading platform, users can seamlessly sell USDT for NGN at competitive rates, with customizable options for payment methods and seller selection.

Nov 11, 2024 at 02:54 pm

How to Convert USDT to Naira on Bybit

Step 1: Access P2P Trading

• Log in to your Bybit account and click on "Markets" in the top menu.
• Select "P2P Trading" from the left-hand menu.

Step 2: Choose USDT in "Buy" Tab

• Click on the "Buy" tab on the P2P Trading page.
• In the "USDT" field, enter the amount of USDT you want to sell.
• Select "NGN" as the currency you want to receive.

Step 3: Select an Ad

• Filter the ads based on payment method, quantity, and price.
• Choose an ad with a favorable exchange rate and seller reputation.

Step 4: Create an Order

• Enter the amount of USDT you want to sell in the "Amount (USDT)" field.
• Choose a payment method from the dropdown list.
• Click "Buy USDT" to create the order.

Step 5: Complete the Trade

• Follow the instructions provided by the seller in the chat window.
• Transfer the USDT to the specified address.
• Once the seller confirms the receipt, Bybit will release the equivalent amount of NGN to your P2P wallet.

Step 6: Withdraw NGN

• Go to "Asset" in the top menu and select "P2P Wallet."
• Click on the "Withdraw" button next to NGN.
• Enter the withdrawal address and amount.
• Confirm the withdrawal request.
• The NGN will be transferred to your specified withdrawal address.