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Home/Guides/XRP in Nigeria
XRP
RegulatedSEC Nigeria + CBN

How to Buy XRP in Nigeria

A guide to purchasing XRP in Nigeria under SEC Nigeria + CBN rules, using NGN.

Recommended for Nigeria

The Best Way: Bitget

Bitget is our pick for Nigeria because it supports Bank transfer and offers competitive fees for XRP trades under SEC Nigeria + CBN rules.

Is it legal to buy XRP in Nigeria?

The Investments and Securities Act 2025 formally classified digital assets as securities under SEC oversight. The CBN reversed its 2021 banking ban in late 2023, and banks may now serve VASPs that hold SEC licenses — a major shift from the outright restriction era.

How to fund your account in NGN

Bank transferP2P (Naira)

How XRP gains are taxed in Nigeria

Crypto-specific capital gains treatment is still being formalised through Finance Act amendments — treat any specific rate you see elsewhere as provisional until confirmed with a local tax adviser.

Step-by-Step Instructions

Step 1: Register. Go to the Bitget official site and create an account.

Step 2: Verify ID. BVN (Bank Verification Number) is typically required alongside standard ID for licensed platforms.

Step 3: Deposit NGN. Go to the “Wallet” section and select “Deposit”. Choose Bank transfer for the lowest fees.

Step 4: Trade. Search for the pair XRP/NGN (or XRP/USDT) and click “Buy”.

Regulatory information last verified August 2026 — rules change, confirm current status for anything time-sensitive. Not financial or tax advice.

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