NairaEx fees
- Our rating
- 2.8
- Status
- Caution
- Review updated
- 2026-08-12
Know before you deposit
Nigeria's oldest bitcoin exchange, founded in 2015, is still online, but activity and service consistency have collapsed and its standing under the SEC's 2025-2026 VASP licensing regime is unclear.
Pricing is broker-style: the cost sits in the quoted naira rate rather than an itemized fee schedule.
Fee schedule
- spread note
- Pricing is broker-style: the cost sits in the quoted naira rate rather than an itemized fee schedule.
How NairaEx compares
The headline fee line from each alternative's review. Headlines hide spreads and funding fees, so open the full schedule before choosing.
| Exchange | Rating | Fees | ID check | Fee guide |
|---|---|---|---|---|
| NairaEx | 2.8 | Varies | Required | |
| Luno | 4.0 | Spread on instant buys | Required | Fee guide |
| Yellow Card | 4.1 | Spread built into the price | Required | Fee guide |
Compared: Luno and Yellow Card, the alternatives our NairaEx review names.
Frequently asked questions
Is there a spread on NairaEx?
Pricing is broker-style: the cost sits in the quoted naira rate rather than an itemized fee schedule.
How do NairaEx's fees compare with its alternatives?
Headline fee lines, from each review: Luno, Spread on instant buys; Yellow Card, Spread built into the price. NairaEx's own line is in the schedule above. A headline hides the spread and the funding fee, so compare the full schedules before choosing.