May 22, 2026
An increasing number of Nigerians are relying on Monica Cash for faster crypto to naira withdrawals as demand grows for quicker settlement systems and direct payouts across the country’s digital asset market.
The platform, operated by Monica Technologies Limited, has spent the last three years providing crypto to naira conversion services for users seeking direct payouts into local bank accounts.
Checks within the Lagos crypto ecosystem show rising interest in platforms that simplify bitcoin withdrawals and reduce dependence on manual buyer coordination.
Speaking on the development, an analyst familiar with Nigeria’s fintech market said more users are now prioritising speed and smoother settlement systems when handling digital asset transactions.
