How to Deposit Money to your Naira Account

Buying and selling cryptocurrency on BuyCoins is now way easier.  Users now have a Naira Account where they can deposit to and withdraw from. We have written an article to help you with how to withdraw to your bank account. 

This article shows you how to deposit money to your Naira Account in two easy steps:

Step 1: Select the "Deposit & Withdraw Naira" Option

After signing in, click on the menu at the top left corner of the app and select the "Deposit & Withdraw Naira" option.

Step 2: Select the amount you wish to deposit and the payment method.

In the "Deposit & Withdraw Naira" page, select "Deposit Naira" and input the amount you wish to deposit. After inputing the amount you wish to deposit, you will select your preferred payment method. The first option is the "Card or Bank Account" method, by our payment partners, Paystack and the second option is a bank transfer to your BuyCoins account.

Bank Transfer

Select "Bank Transfer" and click on 'Review Details'. In this page, you're shown a Providus Bank account information that is linked to your BuyCoins account. Anytime you send money to this account number, it will reflect in your BuyCoins Naira account.

The amount you send adds up to your Naira account and you can buy cryptocurrency with this money. Also, when you sell cryptocurrency, it's adds up to your Naira account balance, which you can withdraw from to your bank account whenever you wish to.

Debit Card or Bank Account (Paystack)

Select the "Card or Amount (Paystack)" method and click on review details. After that, click on "Deposit Naira"

After clicking on "Deposit Naira" it takes you to a secure Paystack payment page where you're to select your payment method: 'Pay with Bank' or 'Pay With Card'. After selecting your payment method, input your bank/ card details and proceed with your payment.

This amount deposited adds up to your Naira account and you can buy cryptocurrency with this money. Also, when you sell cryptocurrency, it's adds up to your Naira account balance, which you can withdraw from to your bank account whenever you wish to.


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