Cubex vs Binance Which Exchange Is Better for Fast Naira Withdrawals?

Cryptocurrency

November 6, 2025
By Gideon

I wasn’t planning to compare crypto apps this week. But then something small happened,a friend tried to withdraw his Naira after selling some USDT, and it took way longer than it should have.

That got me thinking about how much speed really matters when moving money in Nigeria. Nobody likes waiting hours for a withdrawal, especially when you’ve got bills to pay or business money to move.

So I decided to check things for myself. I picked two popular platforms, Cubex and Binance. Both help you change and withdraw Naira, but they work differently.

I tested them side by side to see which one is faster, easier to use, and more reliable when it’s time to get your money out.

Here’s what I found.

Key Takeaways

Speed is important especially when you’re trying to cash out your crypto to Naira, and little delay can feel like forever if you trade often.
Cubex helps you send your money straight into your bank without a long process that slows things down.
Binance usually connects you to a third party for withdrawal, so how fast you get paid depends on how fast the other person acts.
The fee and exchange rate aren’t always the same, so try to check how much you’ll get in return before you proceed.
Security and reliability has been a top priority on both platforms.

Overview of Cubex and Binance

Before we get into which one handles Naira withdrawals faster, let’s take a quick look at both platforms.

Cubex is a crypto app made for Nigerians and it lets you sell your coins like USDT, Bitcoin, or Ethereum and get paid straight into your bank account in a minute. It doesn’t have a peer-to-peer setup where you have to wait for another person to approve your trade. All you need to do is just log in to the app, choose what you want to sell, and withdraw even if you are new to crypto.

Binance, on the other hand, is one of the biggest exchanges in the world and it used to be known as the best option in Nigeria but since it stopped operating officially in the country, users now rely solely on p2p method to withdraw, which means you have to wait for another user before you can successfully withdraw your funds completely which take a while.

Fast Naira Withdrawals: Process and Speed

When it comes to moving money, speed isn’t just about the comfort you get, it’s about trust. And no one wants to sell crypto and keep refreshing their app, wondering when the alert will come in. That’s exactly where the difference between Cubex and Binance starts to show.

Let’s begin with Cubex.

With Cubex, the process is very straightforward. You select the crypto you want to sell and choose to withdraw in Naira. Once you confirm the transaction,you instantly get your money paid and you don’t need to even chat with anyone, or wait for a p2p match. In most cases, the payment reflects instantly. It feels more like a regular bank transfer than a crypto trade.

The reason it’s that fast is simply because Cubex handles the payout internally instead of relying on other users to process payments. That means fewer delays, fewer errors, and no random payment showing pending on the screens. This is just

Now, Binance works in another different way entirely. Since it stopped letting people withdraw Naira directly in Nigeria, users now have to use its P2P method which means you post your crypto for sale, wait for someone who wants to buy it, and then wait again for them to send you the money.

Sometimes, it goes fast. Other times, it can drag, maybe the buyer delays, takes too long to pay, or even cancels the transaction halfway.

It still works, but it’s not always smooth. How quick you get your money depends on the person you’re trading with, not really on Binance.

Quick Comparison: Cubex vs Binance (Naira Withdrawals)

Feature	Cubex	Binance
Withdrawal Method	Direct transfer to bank account	Peer-to-peer (P2P) transfer
Average Withdrawal Time	Within minutes	Depends on the buyer (can take longer)
Availability in Nigeria	Fully active	No longer officially available
Ease of Use	Simple and automatic process	Requires finding and waiting for a buyer
Best For	People who want fast and easy Naira withdrawals	Users trading multiple coins globally

Recommended Reading: How to use a Crypto to Naira App in Nigeria

Security and Trustworthiness

Cubex

Keeps your money and information safe with bank-level encryption.
Uses a security code (2FA) so no one else can get into your account.
Everything from selling to withdrawing happens inside the app, so you don’t have to deal with scammers.
Has a helpful support team that replies quickly when something goes wrong.

Binance

Also protects your money with strong security systems and safe storage.
Uses extra login checks to make sure only the account owner can sign in.
Maintains a strong global reputation for safety and transparency among crypto users.
Nigerian users still benefit from its strong fraud prevention system even though local support is limited.

User Experience & Support

Cubex

The app is simple and easy to move around, even if you’re just starting with crypto.
You can sell your USDT and get your Naira in a few minutes without leaving the app.
Withdrawals are direct and fast, so you don’t need to deal with buyers or listings.
Customer support responds quickly through chat or email when you need help.

Binance

The site has many tools and options, but it can be a bit hard to understand for new people.
Since it no longer allows direct Naira transfers, you have to use the P2P part, which takes extra steps.
Help is still there, but fixing problems in Nigeria can take longer because there’s no local support team anymore.
Support is still available, but solving local issues can take time because there’s no local support team anymore.

Recommended Reading: Ways to Spot Fake USDT Transactions

Frequently Asked Questions (FAQs)

Q: Can I get my Naira immediately on Cubex?

A: Yes, you can. Once you sell your crypto, Cubex sends the money straight to your bank account within a few minutes without delays.

Q: Can I still withdraw Naira on Binance?

A: Not directly. Binance no longer allows instant Naira withdrawals. You’ll have to use a P2P, where you find someone to buy your crypto and send you the money.

Q: Do Cubex or Binance have extra charges?

A:Cubex charges little to no fee and it is usually clear while Binance doesn’t charge for P2P trades, but you might lose a bit through rate differences or slow buyers.