Monica Cash alternatives in Nigeria

Monica Cash (monica.cash), the app listed on Google Play as Monica, sells crypto for naira and pays it into a Nigerian bank account in under 60 seconds, at 0% on its own fees. What it won't do is let you buy crypto. For that you need a second app: Breet, Daya Coins and Quidax all buy as well as sell.

On price the two are closer than they look. Daya Coins charges no buy fee, no sell fee, no withdrawal fee and no network fee on your side, and says outright that its money comes from the spread built into the rate. Monica Cash's 0% covers its own charges, and the blockchain network fee to send the coin in still comes out of your own wallet.

Every figure below comes from each company's own pages, checked on 28 September 2026. For the wider picture, there's a fuller guide to buying and selling USDT and USDC in Nigeria.

What does Monica Cash charge to sell crypto?

Monica Cash charges 0% on its own side: no conversion fee and no bank transfer fee, on every coin it takes. The charge you do pay is the blockchain network fee to move the coin from your wallet into Monica, and that's set by the network rather than by Monica. Monica Technologies Limited, the Lagos company behind the app, also states a $1 minimum sale and settlement to a Nigerian bank account in under 60 seconds once the deposit confirms on-chain.

The list of coins is where Monica Cash is narrowest. Its homepage names Bitcoin, Ethereum, Solana, Tron, BNB, USDT and USDC, and for USDT it takes TRC20, ERC20, BEP20 and Solana. If what you're holding isn't on that list, Monica can't sell it for you, and that is the most common reason someone starts looking for something else.

Why do people look for a Monica Cash alternative?

Monica Cash is sell-only and takes a short list of coins, so the reasons people add a second app are practical rather than about price. These are the ones that come up most:

1. You want to buy, not just sell. Monica Cash is a one-way door — crypto in, naira out.
2. You hold a coin Monica Cash doesn't take, or you hold it on a network Monica doesn't credit.
3. You're selling a large amount and you want a price you can see before you commit to it.
4. You'd rather keep part of the money in dollars instead of converting all of it to naira today.

None of that makes Monica Cash a bad app for the job it does. They're jobs it doesn't do.

Which apps sell crypto for naira in Nigeria?

Three apps do the same core job as Monica Cash: take crypto in, pay naira into a Nigerian bank account, and keep peer-to-peer trading out of it. Daya Coins, Breet and Quidax all do that. Where they separate is whether you can also buy, and what each one says in public about its charges.

Two of those numbers need a word of context. Breet publishes no fee figure on its crypto-to-cash page, so what a Breet sale costs only shows up in the quote. Quidax's 0.1% is a trading fee on an order book, which is a different thing from a cash-out charge — it's what you pay to place the trade, before the ₦200 to move the naira out.

Each company's own page is the place to check before you sell:

• Monica Cash's homepage carries its 0% claim, its coin list and its payout time.
• Daya Coins' product page carries its no-fee wording and says the money comes from the spread in the rate.
• Breet's crypto-to-cash page carries the 40-plus coins, the $5 minimum and the Nigeria and Ghana coverage.
• Quidax's fee article was last updated on 15 June 2026 and lists every charge line by line.

Which app lets you buy crypto as well as sell it?

Breet, Daya Coins and Quidax all let you buy. Monica Cash doesn't — its app is built around selling crypto and getting naira into your bank, and its Google Play listing describes it that way. So if you want one app that works in both directions, Monica Cash can't be the only one on your phone.

Daya Coins buys straight from your Daya naira balance, with no peer-to-peer step and no minimum. Alongside the majors and the stablecoins it handles memecoins and viral tokens, and you can buy any token by pasting its contract address or a DexScreener link. Check that address against the project's own channel first, because a wrong address buys a different token and there's no undo.

What else do these apps do besides cashing out?

All four have grown past turning crypto into naira, and the extras are worth knowing about because they're often the real reason to keep an app installed. Monica Cash adds bill payments — airtime, data, TV, electricity, betting wallets and gift cards — plus a virtual USD Visa card. Breet added buying USDT and USDC with naira and cedis in March 2026, and now runs swaps, crypto invoices, cards and an OTC desk. Quidax runs a full order book with an API on top of its instant swap.

Daya Coins stays on the buying and the selling: the majors, the stablecoins, memecoins and any token you can find by contract address, bought from your naira balance and sold back into your Nigerian bank account.

Where does Daya Coins fit?

Daya Coins is the one to reach for if you want a single app that buys and sells, or if you hold anything outside Monica Cash's list. It buys from your own Daya naira account with no peer-to-peer step and no minimum, sells and pays the naira into a Nigerian bank account, and charges no buy fee, no sell fee, no withdrawal fee and no network fee on your side.

Where Daya Coins isn't the answer: it isn't a bill payments app, and it isn't built for a $50,000 sale in one go. For a large USDT sale you want an order book or a desk. Obiex's desk starts at $50,000 and Quidax describes its desk for trades above $100,000, while Daya Pro takes the same trade from $1, at 0% on a taker order and 0.05% on a maker order.

Which of these apps is registered with the SEC?

Two of them. The SEC's register of fintech operators lists Busha Digital Limited and Quidax Technologies Limited as digital asset exchanges, both under an approval in principle rather than a finished licence. Monica Cash, Breet, Luno and Roqqu are not on that register, checked on 28 September 2026.

What it means for you: an approval in principle is a stage in a licensing process, not the end of one, so no Nigerian crypto app in this group holds a full SEC licence yet. It matters mostly for who you'd take a complaint to. Either way, keep your own record of every sale — the wallet address, the amount, the naira that landed and the date — because that's the evidence you'd have if a payment went missing.

How do you work out what you'll actually be paid?

Compare the naira each app quotes you for the same amount of the same coin, at the same moment, and take the biggest number. When almost everyone in a group charges 0%, the fee line stops separating them and the rate does all the work. A quote is the only comparison that already includes whatever each app is earning.

Daya Coins says plainly that its money comes from the spread built into the rate. Where an app charges 0% and doesn't say where it earns, the answer is in the price on the screen. So open two apps, ask both for the same sale, and only then confirm one.

Which one should you pick?

It comes down to what you're trying to do with the money:

1. Selling only, and you hold one of Monica Cash's coins: Monica Cash, at 0% with naira in your bank in under a minute.
2. Buying and selling in one app: Daya Coins, with no minimum and any token by contract address.
3. Cashing out from Ghana as well as Nigeria: Breet, which covers both from a $5 minimum.
4. Trading on an order book with limit orders: Quidax at 0.1% maker and taker, or Daya Pro at 0% taker and 0.05% maker.
5. Selling $50,000 or more: a desk, or Daya Pro, which has no floor that high to clear.