Nigeria is one of the largest crypto hubs in Africa. With millions of people actively trading crypto and exploring Web3, choosing the right wallet is more important than ever.
Crypto wallets are your gateway to the blockchain. They let you securely store digital assets, sign on-chain transactions, swap tokens, and interact with DeFi platforms and dApps.
Today, wallets do more than just hold crypto. Some offer crypto cards for everyday payments, allowing users to spend directly from their balances, while others support easy on-ramps and off-ramps, making it simple to convert crypto to naira and withdraw to a Nigerian bank account.
In this guide, we highlight the best crypto wallets in Nigeria and the top options worth adding to your wallet stack as a Web3 user or crypto enthusiast.
Types of Crypto Wallets Based on Your Needs
Before diving into our list, it’s important to understand the main types of crypto wallets available. Web3 wallets generally fall into four categories, based on how they connect to the internet and who controls the funds.
Hot Wallets
Hot wallets are connected to the internet. They are easy to use and ideal for everyday transactions like trading, swapping tokens, or interacting with dApps. Most mobile and browser wallets fall into this category.
If you trade frequently, interact with DeFi, use dApps, or make regular crypto transactions, a hot wallet is the most practical option
Cold Wallets
Cold wallets are offline wallets, often hardware devices. If your priority is security and long-term holding, a cold wallet is the better choice. Cold wallets store private keys offline, reducing exposure to hacks and online threats.
Custodial Wallets
With custodial wallets, a third party manages your private keys on your behalf. This setup offers convenience and ease of use but means you don’t have full control over your funds. Centralized exchanges and crypto apps commonly offer custodial wallets, and one key advantage is account recovery.
If you forget your password or lose your phone or laptop, you can usually regain access through the platform since no backup keys are required from the user.
Non-Custodial Wallets
Non-custodial wallets give you full ownership of your private keys and assets. These wallets can be hot or cold, allowing users to maintain control of their crypto and digital assets.
7 best Crypto wallets in Nigeria
- Breet
- Trust Wallet
- MetaMask
- Ledger Nano X
- Exodus Wallet
- OKX Wallet
- Phantom Wallet
1. Breet – Best Crypto Wallet in Nigeria for OTC
Breet is a dedicated crypto off-ramping platform built to help Nigerians receive and convert crypto to naira.
This simply means users can sell supported cryptocurrencies such as Bitcoin, Solana, USDT, and more, then withdraw directly to their Nigerian bank accounts without the delays or risks of P2P trading.
Beyond cashing out, Breet allows users to pay everyday bills, including airtime, data, and electricity, using their crypto balance. For users who are not in a rush to sell, Breet also supports holding crypto in USD and converting to naira later.
Whether you’re a freelancer or business receiving crypto payments, a trader taking profits, or receiving crypto from friends or family in Nigeria, Breet offers one of the safest and fastest ways to cash out to naira, without the stress of P2P.
Type: Mobile wallet
Leading Features
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- Crypto-to-cash conversion
- Hold Crypto In USD
- Direct bank withdrawals
- Fast payouts
- Pay bills with crypto
- Crypto invoice generation
Available On: Mobile app and web
2. Trust Wallet
Trust Wallet is a popular multi-chain wallet that supports over 100 blockchains and thousands of tokens. It allows users to store, swap, and stake crypto, while also providing direct access to DeFi platforms and dApps through its built-in dApp browser. Recently, Trust Wallet added prediction markets, expanding its growing set of Web3 features.
Type: Hot, non-custodial wallet
Leading Features
- Support for multiple blockchains and a wide range of tokens
- Built-in dApp browser
- On-chain access to DeFi and Web3 protocols
Downsides
- Does not support crypto-to-naira conversion
- No direct bank withdrawal options for users in Nigeria
Available On: Mobile app and browser extension
3. MetaMask
MetaMask is one of the most widely used non-custodial Web3 wallets, best known for its strong support of Ethereum and EVM-compatible blockchains such as BNB Chain, Base, and Arbitrum. It allows users to interact directly on-chain, swapping tokens, bridging assets, exploring DeFi protocols, and accessing dApps.
MetaMask also supports virtual crypto cards for instant spending where Mastercard is accepted, and offers in-app access to prediction markets like Polymarket. This makes it a powerful tool for users deeply involved in DeFi and on-chain activities.
Type: Hot, non-custodial wallet
Leading Features
- Full on-chain access to DeFi and dApps
- Integrated access to prediction markets
- Virtual crypto cards for everyday spending
Downsides
- Limited native support outside Ethereum and EVM ecosystems
- No crypto-to-naira conversion
- No direct bank withdrawals for users in Nigeria
Available On: Mobile app and browser extension
4. Ledger Nano X
Ledger Nano X is a hardware (cold) wallet designed to store crypto assets securely offline. It supports over 5,000 cryptocurrencies and tokens and works across desktop and mobile devices, including Android and iOS, using USB-C and Bluetooth connectivity.
Users can manage their assets through the Ledger Live app, which also allows them to connect to dApps and interact on-chain. For broader DeFi access, Ledger Nano X can be connected to hot wallets like MetaMask, combining high security with full Web3 functionality.
Type: Cold, non-custodial wallet
Leading Features
- Stores private keys offline
- High-level security for long-term storage
- Supports over 5,000 cryptocurrencies
Downsides
- It may be expensive for some users
- No crypto-to-naira conversion
- No direct bank withdrawals for users in Nigeria
Available On: Hardware device
5. Exodus Wallet
Exodus Wallet is a non-custodial crypto wallet with a clean interface and support for thousands of assets across multiple blockchains, allowing users to store, manage, and swap crypto seamlessly within the app.
While Exodus does not focus heavily on advanced DeFi activities, it excels as a daily-use wallet for storing assets, making quick swaps, and managing a diversified crypto portfolio across supported blockchains.
Type: Hot, non-custodial wallet
Leading Features
- Support for thousands of cryptocurrencies across multiple blockchains
- Seamless in-app crypto swaps with proven global reliability
- Passkey protection and hardware wallet integration
Downsides
- No crypto-to-naira conversion
- No direct bank withdrawals for users in Nigeria
- Limited advanced DeFi features compared to power-user wallets
Available On: Mobile app, desktop app, and browser extension.
6. OKX Wallet
OKX Wallet is a self-custodial, multi-chain Web3 wallet that supports 150+ blockchains. It allows users to store, swap, trade, and stake crypto, while also providing direct access to dApps and DeFi protocols across supported networks.
The wallet is designed for on-chain activity, making it suitable for users who actively interact with DeFi, NFTs, and Web3 applications.
Type: Hot, non-custodial wallet
Leading Features
- Support for 150+ blockchains
- In-app dApp browser
- Full on-chain interaction with DeFi and Web3 protocols
- Support for thousands of tokens
Downsides
- No crypto-to-naira conversion
- No direct bank withdrawals for users in Nigeria
- Does not offer crypto cards
Available On: Mobile app and browser extension
7. Phantom Wallet
Phantom Wallet started as a Solana-native wallet but has expanded to support multiple blockchains. Users can now manage assets across Solana, Ethereum, Base, Polygon, Sui, Monad, Bitcoin, and HyperEVM from a single wallet.
The wallet allows users to store, swap, stake, and manage tokens, while providing direct access to DeFi protocols and dApps through its in-app browser. Phantom is fully self-custodial, meaning users retain full control of their private keys. It also supports prediction markets through a partnership with Kalshi. Phantom has recently announced plans to launch a Visa crypto card.
Type: Hot, non-custodial wallet
Leading Features
- Native support for Solana and Monad
- Access to DeFi protocols, dApps, and NFT marketplaces
- In-app dApp browser
- Prediction market integration
Downsides
- Limited blockchain support compared to some multi-chain wallets (e.g., no BNB Chain)
- No crypto-to-naira conversion
- No direct bank withdrawals for users in Nigeria
Available On: Mobile app and browser extension
Considerations When Choosing a Crypto Wallet
Before choosing a crypto wallet in Nigeria, consider what you plan to use it for. Some wallets are better for withdrawing to naira, while others are built for on-chain activity, DeFi, or NFTs. Here a few factors to consider:
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Custodial vs Non-Custodial Control
Decide whether you want a custodial wallet for convenience or a non-custodial wallet where you control your funds entirely. Non-custodial wallets give you full ownership but require more responsibility.
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Hot vs Cold Storage
Hot wallets are suitable for daily transactions and on-chain activities, while cold wallets offer better protection for long-term holdings. Many users combine both for balance.
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Supported Blockchains and Assets
The wallet should support the blockchains and tokens you actually use. Multi-chain support is important for users interacting with DeFi, NFTs, and multiple ecosystems.
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Local Accessibility for Nigerian Users
For users in Nigeria, wallets that support crypto-to-naira conversion and direct bank withdrawals offer a major advantage over wallets that require P2P trading.
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Ease of Use
A clean interface and simple navigation matter, especially for beginners. Complex wallets can increase the risk of user error.
Practices to Keep Your Wallets Safe
Keeping your crypto safe starts with protecting your private keys and recovery phrases. Never share them with anyone and it’s best to keep them offline.
Use strong passwords, enable biometric or two-factor authentication where available, and keep your applications up to date. For large balances, consider using a hardware wallet or combining one with a hot wallet for safer on-chain interactions.
Additional safety tips:
- Double-check wallet addresses before sending funds
- Avoid clicking unknown links or connecting to untrusted dApps
- Use separate wallets for daily transactions and long-term storage
So, What’s the Best Crypto Wallet in Nigeria?
There is no single best crypto wallet for everyone in Nigeria. The right choice depends on how you use crypto, whether you’re cashing out to naira, interacting on-chain, or holding assets long term.
Here are our final recommendations based on common use cases:
- Best for selling crypto and withdrawing to naira: Breet Wallet
- Best for multi-chain access: Trust Wallet
- Best for Ethereum and EVM-compatible chains: MetaMask
- Best for Solana and Solana-based ecosystems: Phantom Wallet
For most users, the ideal setup is often a combination of wallets, one for local cash-outs and another for on-chain activity. Choose a wallet stack that fits your needs and helps you navigate Web3 with confidence.
