How to Sell Litecoin in Nigeria for Cash: A Complete Guide

If you’re holding Litecoin (LTC) and wondering how to turn it into real money, you’re not alone. Many Nigerians are actively trading Litecoin to cash every day, thanks to the growing adoption of cryptocurrencies across the country. Whether you’re new to crypto or looking for the best way to cash out, this guide will show you exactly how to sell Litecoin to Naira quickly, safely, and at the best rates.

Let’s dive in!

What is Litecoin?

Litecoin, often called the “silver to Bitcoin’s gold,” is a peer-to-peer cryptocurrency developed by Charlie Lee in 2011. It runs on a decentralized blockchain network, leveraging cryptographic algorithms to safeguard transactions and regulate the issuance of new coins.

Why Sell Litecoin for Cash?

There are several reasons you might want to convert your Litecoin to cash:

To secure profits after a price increase
To fund personal expenses
To move your investments into other assets
To avoid market volatility

Regardless of your reason, knowing how to sell LTC to Naira efficiently is essential for maximizing your returns.

Your first step is picking a reliable platform that allows you to easily sell Litecoin to Naira. Here are some of the best apps to sell Litecoin in Nigeria:

Cubex
Paxful
Yellow Card
Quidax
Binance (P2P Trading)

Each of these platforms supports Litecoin to cash transactions and offers fast withdrawals to Nigerian bank accounts. When choosing, consider factors like:

Security
Ease of use
Transaction speed
Customer support
Tip: If you want quick cashouts, use apps that offer instant bank withdrawals.

How To Sell Litecoin (LTC) on CubEx

Selling Litecoin (LTC) doesn’t have to be a complicated process. With CubEx, it becomes a straightforward process that can be completed in just a few steps. Here’s how you can get started:

Step 1: Download the CubEx app

First, Visit Google Play Store or App Store on your phone and search for the CubEx app. It’s available for both iOS and Android devices. Download and install the app to begin your crypto trading journey.

Step 2: Create a CubEx account

Once you’ve downloaded the app, open it, and create a new account. You’ll need to enter some basic information to get started.

Step 3: Verify your identity and connect your bank account

To ensure secure transactions, you’ll need to verify your identity. Follow the instructions on the app to upload the necessary documents. After verification, connect your bank account to enable you to receive your funds once your Litecoin is sold.

Step 4: Choose the amount of Litecoin you wish to sell

Now, it’s time to sell your Litecoin. Enter the amount you want to sell in the app. The interface makes it easy to see the current exchange rate and how much you’ll receive.

Step 5: Enter the specified Litecoin address you wish to send to

Next, you’ll need to enter the Litecoin address where the Litecoin (LTC) will be sent. Double-check this address to ensure it is correct, as crypto transactions cannot be reversed once completed.

Step 6: Confirm the transaction

Finally, review all the details of your transaction. Once you’re sure everything is correct, confirm the transaction. CubEx will process your request. And in few minutes, your funds will be sent to your bank account.

Conclusion

Selling Litecoin (LTC) in Nigeria is easier than ever thanks to reliable local exchanges and P2P platforms. Whether you prefer centralized platforms like Cubex and Luno or P2P options like Remitano, you have several trusted ways to convert your LTC to NGN.

Just remember to follow best practices for safety and security and you’ll be able to sell LTC with confidence.