Your Ultimate Guide To The Best Bitcoin Wallet App in Nigeria 2022

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The adoption of Bitcoin and other types of cryptocurrency in Nigeria has been on the rise lately. As you are embracing the concept of digital currency, you also have to think about the best crypto trading app and crypto wallet to use as security is a major factor.

Keeping your cryptocurrency safe is a top priority, so in this article, I will be taking you through the best Bitcoin Wallet in Nigeria 2022, its features, specifications and how to get it.

Today, I will be telling you all about BREET.

The Best Bitcoin Wallet in Nigeria- What is Breet?

Breet is an OTC crypto trading app where users can receive cryptocurrency, convert it to cash and withdraw straight to your local bank account in your fiat currency.

With Breet you can seamlessly sell and convert your Bitcoin to Naira and withdraw to your bank account within five (5) minutes!

Unlike most other exchange platforms, Breet does not make use of peer-to-peer exchange, it is an OTC platform (OTC means “over the counter”), so it is relatively fast and easy to use.

This platform also serves as a payment gateway for businesses that accept crypto payments.

Asides from Bitcoin, other supported cryptocurrencies on Breet are:

Ethereum
Litecoin
Dogecoin
Bitcoin cash

How does Breet work?

Breet is easy to use and only requires a few steps. Below is a step-by-step guide to converting and selling Bitcoin on Breet.

Create an account
Generate Bitcoin wallet address
Send your bitcoin wallet address to the sender (just like you’ll send a bank account number).
Wait for a minimum of 3 blockchain confirmations.
Receive Bitcoin into your wallet, and it automatically converts to your fiat currency i.e. Cedis.
Withdraw to your local bank account.
That’s it!

How To Generate a Breet Bitcoin Wallet Address

To receive bitcoin, of course, you need to first generate your Bitcoin wallet address and this only requires three steps!

Log in to your account
On your dashboard, click on the Bitcoin trade page
Click on “Generate Wallet’

That’s it! You are ready to receive and sell your bitcoin seamlessly with Breet.

Supported Fiat Currency

Breet is currently available in Nigeria and Ghana so the supported fiat currencies are:

Nigerian Naira NGN
Ghanaian Cedis GHS

Why Should You Use Breet?

Below are some advantages of Breet

No withdrawal fees:

Breet does not charge fees for withdrawing your funds to your local bank account.

No third party agent:

They value your privacy so you do not have to worry about a third party getting involved. Sell your Bitcoin and withdraw without worrying about getting someone else involved.

Earn reward points:

For every transaction you make with Breet, you earn reward points! For every 1 dollar sent to your wallet address, you earn 1 reward point. New users automatically get 100 reward points when they sign up.