How to Withdraw From KuCoin to a Nigerian Bank Account: Step-by-Step

If you find a guide on how to withdraw from KuCoin to Nigeria banks by clicking “Withdraw” and calling it a day, it's definitely outdated. Cashing out from KuCoin, as of now, isn’t that simple for Nigerian users due to paused NGN services and limited fiat withdrawal options.

But don’t panic, KuCoin’s NGN withdrawal is still possible – you just need a different route using a seamless money transfer service like Ogvio or P2P trading tools on platforms like Bybit.

Follow along to get to learn what actually works to withdraw your funds on KuCoin, as well as how to reverse the process and convert NGN to USDT on KuCoin if you want to trade, stake, or use crypto in other ways.

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Can You Withdraw From KuCoin to a Nigerian Bank?

Short answer: yes, it's possible to withdraw from KuCoin to Nigeria banks in naira (NGN), but not directly. As of writing, KuCoin doesn’t let you withdraw straight to a Nigerian bank account.

KuCoin’s direct fiat withdrawals are limited by currency. Currently, fiat cash-outs are only available in EUR (via SEPA / SEPA Instant, where available) and BRL (via Pix). If you’re trying to withdraw NGN, USD, or any other currency, KuCoin won’t handle that part for you.

Then, what about the KuCoin NGN withdrawal from its P2P trading feature? Unfortunately, in 2024, KuCoin paused its P2P NGN services and naira card payments, which removed one of the main ways Nigerian users used to sell USDT from KuCoin to naira (or other crypto).

The team did this as part of a push for compliance and a safer trading environment. Around that time, Nigerian regulators were tightening crypto rules and cracking down on P2P naira trading. They said it was contributing to naira volatility and didn’t fit cleanly into the country’s foreign exchange regulations.

Therefore, exchanges like Binance and KuCoin pulled back under that pressure to avoid running into legal trouble or compliance issues, although some exchanges like Bybit still keep NGN on the list.

A big part of this also comes down to the use of cryptocurrencies for remittances in Nigeria. Many freelancers and remote employees bypass inefficiencies of conventional banking methods,^[1] receive their salary in crypto, and then rely on naira P2P trading to convert it into local currency for daily use.

The approach is also applicable for people wanting to transfer money online, so turning NGN to USDT on KuCoin has become a common thing in the country. That’s why KuCoin’s NGN P2P feature mattered so much. It was a key cash-out route for people holding digital assets, especially remote workers who needed a fast way to turn crypto into naira.

When KuCoin paused its NGN P2P services, it disrupted a workflow many Nigerians were already using: to sell crypto from KuCoin to naira. With that route gone, and direct bank withdrawals not an option, users had to seek alternative ways to transfer their assets off KuCoin and convert them elsewhere.

So, can I withdraw from KuCoin in Nigeria? Yes, you still can do it, but with a different route. You can withdraw crypto from KuCoin to another platform or wallet and convert that crypto into fiat. Then, send the funds to a Nigerian bank account.

Ogvio isn’t a crypto exchange like KuCoin, it’s a money transfer service. Instead of trying to cash out directly on KuCoin (which you can’t do in NGN), you can move your crypto off KuCoin to Ogvio first, then use it to handle the local bank payout in Nigeria. It's easy, quick, and low-cost.

📚 Read More: Ogvio Review

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How to Withdraw From KuCoin to a Nigerian Bank With Ogvio

If you’ve ever tried withdrawing crypto using KuCoin P2P, you may understand the struggle of juggling P2P chats and rate negotiations. Here, Ogvio offers a smoother route by letting you move your crypto in a more structured way, rather than dealing directly with buyers.

At the time of writing, you can only transfer USDC on the Base network to Ogvio. So, the flow on how to withdraw from KuCoin to Nigeria banks looks something like this:

Once the transfer is complete, the funds will be credited to your Nigerian bank account, wrapping up the withdrawal process. Now, let's go step by step.

1. Log in to Your KuCoin Account

Before you can move any crypto, you need to log in to KuCoin. Make sure you’re logging in from a secure device, ideally your own laptop or phone, to avoid any security risks. Feel free to use your KuCoin app or access the website, but I’ll show you how to do it using the latter option:

Depending on the crypto you hold and the security settings on your account, you may need to convert your funds to USDC, set up Google Authenticator, or proceed directly to the withdrawal process.

📚 Read More: How to Withdraw Money From KuCoin

2. Create an Ogvio Account

In case you haven’t created an Ogvio account, do it now. This step is important because KuCoin requires a destination address when you initiate a withdrawal, and that address comes from your Ogvio account.

Getting started with Ogvio is pretty straightforward:

Once you’ve claimed your @Tag, your Ogvio account is ready to go. Just note that you will need to complete KYC to unlock bank transfers, so you can do it now or before making the transfer.

3. Turn Your Crypto Into USDC

Before you can withdraw your funds to Ogvio, make sure your crypto is in USDC. Ogvio processes payouts using USDC. In case your funds are already in USDC, you can skip this step. If not, you can use the Convert tool on KuCoin to turn your asset into USDC or follow the steps below to do it via the "traditional" trading page:

Once the trade is successful, your balance will now be in USDC, meaning your funds are ready for withdrawal.

4. Set Up Google Authenticator (If Not Already Enabled)

KuCoin is serious about security, which is why multi-factor authentication (MFA) is mandatory for withdrawals. This kind of method adds continuous protection^[2] for your device to block unauthorized access. If you haven’t set it up yet, here’s what to do:

That’s it! Your account is now much more secure, and you’re ready to transfer your crypto to Ogvio.

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5. Withdraw Crypto From KuCoin to Ogvio

Now comes the fun part on how to withdraw from KuCoin to Nigeria banks – although technically you move it to Ogvio first. Just follow these steps:

At this point, the crypto will be on its way to Ogvio. Depending on network traffic, it might take a few minutes, but usually, it’s pretty quick. Take a sip of water, grab a snack, or maybe check your favorite TikToks while you wait.

6. Send the Funds to Your Nigerian Bank Account Using Ogvio

Once your crypto hits Ogvio, it’s time to actually get your naira. Here’s how:

How to Convert NGN to USDT on KuCoin

I know you might just want to know how to withdraw NGN from KuCoin. However, if you're looking for how to convert NGN to USDT on KuCoin (or other crypto) for trading, savings, or cross-border payments, using Ogvio can be a strategic move.

In short, you need to deposit NGN to Ogvio using your bank account or card, send it to KuCoin as USDC, and convert it to USDT or another crypto you like.

1. Deposit NGN and Send USDC to KuCoin

Let’s say you already have an Ogvio account. Here’s how to deposit NGN to the platform and send the funds to KuCoin:

2. Convert USDC to USDT on KuCoin

To continue the steps on how to convert NGN to USDT on KuCoin, go to the usual KuCoin trading page or explore KuCoin’s Convert tool. The latter is actually the easiest method if you don't want to deal with charts or "limit orders". It usually has zero trading fees, though the exchange rate might have a tiny "spread".

Check how to use it to convert USDC to USDT or another asset:

That’s it! The USDT will appear in your "Funding" account immediately, and you can use it however you want.

How to Withdraw From KuCoin to a Nigerian Bank Using Bybit P2P

Can I withdraw from KuCoin in Nigeria using a P2P platform? Well, if you don’t want to use a third-party payout platform, another popular workaround is routing your funds through Bybit’s P2P marketplace.

Since KuCoin and Binance’s P2P functionality is now limited, this method is especially common among Nigerian users who want to sell crypto directly for naira via bank transfer. That said, P2P trading comes with more moving parts, so it’s important to follow each step carefully.

1. Create and Verify a Bybit Account

Before anything else, you’ll need an active Bybit account. Here’s how to create one:

Once these steps are completed, your Bybit account is fully set up and ready for P2P trading.

2. Transfer Supported Crypto From KuCoin to Bybit

The next step on how to withdraw NGN from KuCoin via Bybit is that you move your funds from one platform to another using any cryptocurrency supported by Bybit’s NGN P2P marketplace. Depending on what’s available at the time, this can include USDT, USDC, or even Bitcoin (BTC).

Once the transaction is confirmed on the blockchain, the funds will appear in your Bybit wallet. From there, you can move them to your Funding Wallet and proceed with P2P trading.

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3. Sell Your Crypto on Bybit P2P

Now you’re ready to sell. Follow these steps on how to do it and get your naira cash via bank transfer:

That’s it! You’ve successfully completed the process of KuCoin's NGN withdrawal through Bybit’s P2P marketplace. Take a moment to double-check your balance, and now you’re ready to either repeat the process, save, or spend your funds.

📚 Read More: How to Withdraw Money From Bybit

Which Is the Best Way to Withdraw From KuCoin to a Nigerian Bank Account?

Understanding how to withdraw from KuCoin to Nigeria banks can feel like a maze. Between P2P trading, rate comparisons, payment confirmations, and newer alternatives like Ogvio, it’s not always obvious which option is actually worth it. Some methods give you better control, others save you time, and a few just test your patience.

Ogvio: Simple and Predictable

Ogvio is like the “easy button” to withdraw from KuCoin to Nigeria bank accounts. You just transfer your USDC from KuCoin to Ogvio, hit a few buttons, and then your naira is on the way.

	OGVIO
Funding Methods	Bank transfer Crypto transfer Card payment Apple Pay/Google Pay
Delivery Methods	Internal Bank deposit Crypto wallet
Supported Networks	Base
Transaction Speed	| | | | | Long Average Very Quick
Bulk Payments
Scheduled Payments
	Visit site Read review

Table: Ogvio's asset movement features

One of the biggest advantages here is that you get to see the exchange rate and fees up front before you hit confirm, which makes planning your naira payout a lot less guesswork. You don’t have to negotiate with buyers or wait for someone to pay you manually.

Since Ogvio is focused on cross‑border payouts and bank transfers, this method feels almost like using a remittance app because you send your stablecoin and get naira in return without juggling multiple chats or watching deadlines (plus, Ogvio is a remittance-focused service).

This kind of predictability can take a lot of stress off the withdrawal process, especially if you’re new to crypto or just want something that just works without too many steps.

That said, there is a catch. At the time of writing, Ogvio only supports USDC transfers. So, if your funds on KuCoin are in BTC, USDT, or another asset, you’ll need to swap them to USDC first before withdrawing. It’s not a deal-breaker, but it does add one extra step, which can be something to keep in mind if you’re aiming for the fastest possible cash-out.

📚 Read More: Ogvio Review

Bybit: Flexible Deposit and Payout Options

Now let’s talk about P2P trading, such as the kind you’d do on Bybit. Here, the flow is more like teaming up with another person to sell USDT from KuCoin to naira or another digital asset.

You bring the crypto (it could be USDT, USDC, Bitcoin, or whatever else is supported in the NGN marketplace), and a buyer sends naira directly into your bank account once the trade starts. It's not strictly limited like when you use Ogvio.

The platform holds the crypto in escrow until you confirm payment, which gives you protection against people who try to run off with your coins without paying.

Since you’re dealing with another human on the other end of the trade, sometimes you may find better rates than a flat rate payout option offers – although it depends on your negotiation strategy and market demand.

However, be aware that this flexibility comes with a challenge: you have to make sure the buyer is trustworthy, watch for the bank payment, and then release the crypto once everything checks out.

Here’s a comparison table to help you choose which method of withdrawing from KuCoin to Nigeria banks works best for you:

Table: Comparison of NGN payout methods

If you want fast, simple, and predictable payouts, Ogvio is the way to go. There’s no stress in guessing the fee and arrival time. On the other hand, if you want more crypto flexibility, P2P trading on Bybit might be a better choice.

📚 Read More: Bybit Review

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Conclusions

Understanding how to withdraw from KuCoin to Nigerian bank accounts starts with realizing that KuCoin no longer offers direct NGN withdrawals or local P2P support. Because of this, cashing out now depends on external routes, and choosing the right one comes down to what you value most: simplicity or flexibility.

If flexibility matters more and you’re comfortable navigating rates, merchants, and confirmations, platforms that offer P2P services like Bybit give you more asset choices.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. Hajj M. E., Farran I.: 'The Cryptocurrencies in Emerging Markets: Enhancing Financial Inclusion and Economic Empowerment';

2. Ometav A., Bezzateev S., ,Mäkitalo N., Andreev S., Mikkonen T., Koucheryavy Y.: 'Multi-Factor Authentication: A Survey'.