If you are updated on the latest trends, then you would agree that cryptocurrency has taken the world by storm. While these blockchain assets are generally volatile, the creation of stablecoins like Tether (USDT), which is pegged to the dollar, gives us access to less volatile cryptos. But, as a Nigerian blockchain enthusiast with USDT holdings, there will come a time when you’ll need to cash it out.
If that time has come for you, and you are looking for an app to convert your USDT token to naira, you’re most welcome. We understand how challenging it could be to find one that would serve you well because of the numerous options in the market. As such, we’ve done the hard work and have discovered Koyn to be the best app to convert USDT to Naira.
Keep reading to find out why!
KEY TAKEAWAYS:
- Koyn is the best app to convert USDT to Naira.
- You should use it because of its speed, competitive rates, robust security, and user-friendly interface.
- You’ll need to download the Koyn app, sign up, and verify your account to start using the platform.
- You can withdraw Naira straight into your bank account after converting your USDT.
Why Choose Koyn
When it comes to converting crypto to Naira, Koyn provides the most ideal blend of features because it is specifically designed for Nigerians. Whether you are a beginner or a seasoned e-money user, here are the reasons to try Koyn today.
- Competitive Rates
Unlike many other platforms, Koyn doesn’t charge hefty conversion fees or unfavorable rates to its users. This means that you’ll always get value for your USDT. The app constantly monitors the crypto market to provide real-time exchange rates that are the best in the market. Moreso, their pricing is transparent, so you’ll get exactly what you’re promised.
- Fast Transactions
Koyn understands that the phrase “Time is money” is true about cryptocurrency trading. As such, it prioritizes fast transaction times. This makes the app ideal for people who want to convert their USDT quickly and efficiently. Whether you are making transactions during peak hours or at midnight, you won’t experience unnecessary delays.
- Robust Security Measures
One of the biggest concerns with using digital assets is security against crypto scams. This is especially true when you are using a third-party app. Luckily, you can be rest assured when using Koyn.
This is because the app uses security measures like encryption and multi-factor authentication to give you peace of mind when making transactions. Also, the app undergoes frequent security checks to identify and resolve potential vulnerabilities.
- User-Friendly Interface
Using cryptocurrency exchanges could be difficult, especially for beginners. This is where Koyn comes to save the day. Because of its intuitive and user-friendly interface, you can convert your USDT to Naira in a few clicks.
The app is clutter-free as it focuses on the important features that simplify the complexity of crypto exchanges. Additionally, the dashboard gives you a clear and holistic overview of your transaction history, current balance, and exchange rates for easy management. Finally, the app is designed to be responsive on almost any device, whether it’s a smartphone, a tablet, or a desktop.
- 24/7 Customer Support
Koyn provides 24/7 customer support so you can get help whenever you need it. Nothing is too small or big for the support team to assist with. Whether you need help on how to use the app or complete a transaction, feel free to ask. You can use the live chat feature and emails to get detailed answers to any query you have. There is also an FAQs section on the app that addresses common concerns people have had when using the app.
- Quick Verification Process
Koyn’s verification process is quick and hassle-free. It uses an advanced system that can verify your details within minutes to reduce the waiting time needed for approval. If you want your conversions to be quick, Koyn’s speed and ease of use will serve you well.
How To Use Koyn To Convert USDT To Naira
Converting your USDT to Naira on Koyn is straightforward. Below is a step-by-step guide on how it is done:
- Download and install the Koyn App: You can download the app from the App Store or Google Play and install it.
- Sign up and verify your account: After installation, sign up by providing your email address, phone number, and creating a strong password. You can then provide the details of the required means of identification to verify your account.
- Deposit USDT: Once your ID has been verified, log in to your account and go to the deposit section. Choose USDT from the list of available altcoins. Send your USDT from your external wallet or exchange account to the USDT wallet address received from Koyn.
- Convert USDT to Naira: Next, go to the “Convert” section and select Naira as the fiat currency you want to convert to. The app will show you the current market rate to know the amount you’ll be receiving.
- Withdraw Naira into your bank account: Once the conversion is complete, you can withdraw your Naira into your linked Nigerian bank account. The whole process would not take you more than a few minutes.
Conclusion
With over 22 million estimated to own cryptocurrency, Nigeria is the nation that has the highest number of crypto users in Africa. Despite the attempts to regulate the crypto space, many Nigerians have found it to be a good investment. Koyn is your top choice if you own and want to convert altcoins like USDT with speed, simplicity, and accuracy. Try this app today to experience the difference it brings!