How to buy USDC in Nigeria

You can buy USDC with naira directly on Busha, or through Daya Coins from your own Daya naira account, where there's no buy fee, no sell fee and no withdrawal fee on your side. On Quidax you can't buy USDC with naira at all: its own page tells you to convert to USDT first.

Daya Coins states on its own page that there's no buy fee, no sell fee, no withdrawal fee and no network fee on your side, and that Daya makes its money on the spread built into the rate you see. Busha gives no buy or sell figure on its fee page, and charges ₦150 to fund with naira and ₦107.50, including VAT, to take naira out.

If stablecoins are new to you, start with stablecoins in Nigeria: how to buy and sell USDT and USDC. The rest of this is about USDC specifically: which apps actually list it, what each one charges, which network to send it on, and what tax applies when you sell.

Which apps let you buy USDC with naira in Nigeria?

Fewer than you'd expect, and that's the thing nobody writing about this says. Of the eight Nigerian apps checked on 28 October 2026, Busha is the only one with a USDC to naira market on its own books. Daya Coins buys and sells USDC from your own naira account without a peer-to-peer step. Quidax lists USDC as an asset and has no USDC to naira market at all, so you pay for two trades instead of one.

Three of the six give you a figure you can check before you trade: Daya Coins, Roqqu, and Breet on the selling side. Two more apps are worth knowing about and didn't make the table. Yellow Card lists USDC on six networks in its developer documentation and gives no consumer buy or sell fee anywhere. Luno's Nigerian pages don't list USDC at all, and the only stablecoin named on them is a rand one. Accrue doesn't mention USDC on its site.

How do you buy USDC in Nigeria, step by step?

Four steps, and the only one people get wrong is the last. You verify, you fund in naira, you buy, and then you check the network before you send anything out. On Daya Coins verification is a BVN and a selfie, and funding goes through a naira account in your own name rather than a trade with a stranger.

1. Verify your account. Every Nigerian app that takes naira will ask for identity documents, and Daya Coins asks for a BVN and a selfie.
2. Fund in naira. Daya Coins gives you a dedicated naira account to transfer into. Busha charges ₦150 on a naira deposit.
3. Buy the USDC. On Busha, pick the USDC to naira market. Quidax's own USDC page tells you to convert your naira to USDT first and then buy USDC with the USDT, which is two trades and two spreads for the same result.
4. If you're sending the USDC somewhere, pick the network the receiver named, and check it against the app's own list before you confirm. Send a small amount first if the address is new to you.

Is USDC different from USDT, and does it matter in Nigeria?

USDC is issued by Circle and USDT by Tether, and the practical difference for a Nigerian is less about the issuers than about what the apps here will do with each one. On disclosure, Circle publishes a monthly third-party examination with exact figures: 73.88 billion USDC in circulation against 73.96 billion of reserve assets on 30 September 2026. Tether's transparency page states that USDT is backed 100% by its reserves and, as served today, carries no figures and no date. Neither company names the firm that signs its attestation.

Three differences that change what you actually pay or get:

• USDT has a naira market on both Busha and Quidax. USDC has one on Busha only. So if your plan is naira in and naira out, USDT is the more liquid of the two in Nigeria right now.
• Breet charges nothing to sell USDC and 1.5% to sell USDT up to $999, falling to 1% from $1,000 and 0.5% from $5,000. Same company, same action, and on a $500 cash-out that's $7.50 for choosing the wrong coin.
• Busha's own fee page charges 0.5 USDC to send on Solana and 1 USDT for the same send, and carries USDC on Base, where it carries no USDT at all.

What it means for you: if a client or a platform has asked you for USDC specifically, the coin is decided for you and the only question left is which app and which network. If you're choosing freely and the money is going to end up as naira anyway, USDT has more places to land. If you're cashing out through Breet, USDC is the cheaper coin to be paid in.

Which network should you send USDC on?

The one the receiving app or wallet names, and check it's a network Circle itself issues on. Circle natively issues USDC on 38 blockchains, a list it published on 16 September 2026, and anything outside that list is bridged USDC: a third party locks real USDC on one chain and issues its own token on another. Circle says plainly that bridged USDC isn't issued by Circle and carries its own risks.

This is live in Nigeria today, in the apps' own documentation. BNB Chain, Lisk and Tron aren't on Circle's native list, and three Nigerian apps offer USDC on one of them: Quidax lists USDC on Lisk, BEP20 and Polygon in its stablecoin documentation, Busha's supported-currencies page lists USDC on Tron, and Bitnob lists USDC on BSC. Base, Solana, Polygon, Celo, Stellar, Arbitrum, Avalanche, Optimism and Ethereum are all on Circle's list.

Busha's two pages disagree about which networks it carries USDC on, which is worth knowing before you send. Its fee page lists Polygon and its supported-currencies page lists Tron, and its help-centre sending-fees article of 4 May 2026 lists no USDC fee at all. So use the network list the app shows you at the moment you send, not a list from any page, including this one. Busha also states that cryptocurrency sent to a wrong address is lost permanently, and no Nigerian app checked here publishes a recovery process for a wrong-network stablecoin deposit.

If you've already sent on the wrong one, I sent USDT on the wrong network. Can I get it back? covers what can and can't be recovered. For a network-by-network view across the Nigerian apps, see which networks does each Nigerian crypto app support?.

Where does Daya Coins fit?

Daya Coins buys and sells USDC and USDT from a naira account in your own name, with no peer-to-peer step and nobody to haggle with. Its page states no buy fee, no sell fee, no withdrawal fee and no network fee on your side, and says Daya makes its money on the spread built into the rate you see. Selling and having the naira paid out to a Nigerian bank account is live, so the money can go in and come back out without leaving the app.

Daya Coins also buys any token by pasting its contract address or a DexScreener link, which is a different job from buying a stablecoin but the same app. Check the address against the project's own channels before you buy, because anyone can create a token with a familiar name, and how to buy a token from its contract address safely goes through that check properly. And if the reason you want USDC is to buy US shares, a USDC deposit can top up a dollar balance on Daya Stocks.

Where Daya Coins isn't the pick: if you want an order book you can put a limit order on and watch, that's Daya Pro, which runs a USDT to naira book at 0% taker and 0.05% maker from $1 and is built for merchants and desks moving real volume rather than for everyday buying. Best USDT/NGN order books for P2P merchants compares it with the others. And if what you want is a USDC to naira order book specifically, Busha is the one app here that publishes one.

What does it cost to move USDC out of an app?

Between nothing and 3 USDC, depending on the app and the network, and the app's own fee is usually far bigger than what the blockchain charges. Busha's fee page prices a USDC send per network. Bitnob prices one flat, at $1 on every chain, so an Ethereum send costs the same as a Solana send.

• Busha: 0.1 USDC on Base, 0.5 on Solana, 0.5 on Polygon, 1 on Stellar and 3 on Ethereum.
• Bitnob: a flat $1 on every chain, charged on top of the amount you send.
• Daya Coins: no network fee on your side.

For scale, Base's own gas tracker priced a token transfer on that network at $0.001 on 27 October 2026. So on Base, a 0.1 USDC fee is roughly a hundred times what the chain itself costs, and on Ethereum the picture reverses depending on how busy the network is that day. The number to compare is the app's published send fee, not the chain's reputation.

What tax do you pay on USDC in Nigeria?

No withholding tax comes off a stablecoin sale. The Nigeria Revenue Service's guidelines on taxing virtual assets, Information Circular No. 2026/21 of 31 July 2026, apply a 1% withholding to the gross proceeds of a virtual asset disposal, and paragraph 9.5(1) says plainly that no withholding tax applies to the disposal of stablecoins. Any gain is self-assessed instead.

How the gain is worked out matters more, and paragraph 9.1.1(1) is the part to know. A gain is computed by reference to the dollar value of the asset when you bought it and the dollar value when you sold it, and only the resulting dollar gain is converted to naira, at the CBN or NAFEM rate on the date of disposal. The circular's own illustration shows that naira weakening while you held the asset isn't part of the taxable gain.

What it means for you: selling USDC for naira shouldn't create much of a taxable gain, because the dollar value you bought at and the dollar value you sold at are near enough the same number, and that's what the law measures. What does still apply is stamp duty, which paragraph 6.3(1) attaches to both the naira-to-token and token-to-naira legs, and paragraph 6.3(7) says it can sit alongside other duties on the same transaction. Crypto tax in Nigeria: what changed in 2026 covers the wider position, and anything with real money in it is worth putting to somebody who does Nigerian tax for a living.

Which app should you use?

1. If you want naira straight into USDC in one trade, Busha and Daya Coins are the two routes in the table above that do it without a second conversion.
2. If you're cashing USDC out to naira, check Breet's zero selling fee against what the other apps quote you, and remember a published fee is only half the cost.
3. Quote the same amount in two apps and compare the naira you'd actually end up with. Where an app charges you nothing directly, it's earning on the rate instead, which is what Daya says about itself on its own page. Best apps to sell USDT for naira in Nigeria sets out how to run that comparison in four steps.
4. Before you send USDC anywhere, check the network against Circle's own list of supported blockchains. It takes thirty seconds and it's the only step in this piece where getting it wrong loses the whole amount.