Top 10 Blockchain Startups in Nigeria (2024)

The exponential rise of blockchain over time has led to numerous blockchain startups. These start-ups think that Nigeria’s future is being changed by technology. Additionally, blockchain has pushed for huge growth in the nation, which has increased awareness of and curiosity about how individuals might participate significantly in the wealth of cryptocurrencies. These blockchain firms, however, provide an accessible, rapid, and simple means of accessing information. They also make it simple to operate across many domains, such as Defi platforms and exchanges. Are you looking for the best blockchain company in Nigeria? The top ten blockchain startups in the country are listed below.

10 BEST BLOCKCHAIN STARTUPS IN NIGERIA (2024)

The following are the top 10 Blockchain startups operating in Nigeria today.

HOUSEAFRICA

HouseAfrica was established in 2019 to assist people, businesses, and financial institutions in verifying investments and property before purchasing. A real estate business called HouseAfrica uses technology to assist potential investors in making the best choices.

This blockchain business uses technology to elevate appropriate and accessible investments. Developers can use this software to manage the construction supply chain from the yard to the development site. HAF tokens, which are available through HouseAfrica as well, can be used to buy, sell, rent, pay rent, manage properties, and make utility payments.

SUREREMIT

The blockchain platform called SureRemit makes payments simpler, less stressful, and more affordable. This platform, which facilitates non-cash remittances, raised $7 million through an ICO (ICO).

SureRemit offers a token that aims to reduce transfer costs and remove unnecessary fees from customers’ daily transactions. Additionally, it allows the sender some control and insight into how the value is used. These tokens can be used to purchase digital vouchers that can be redeemed at certain places from neighborhood vendors to purchase products and services.

BUYCOINS

Another blockchain firm that lets customers sell, purchase, store, and exchange bitcoins is BuyCoins. It was originally established in 2017. It is a Nigerian corporation with support for Ethereum, Bitcoin, Litecoin, and Bitcoin Cash.

Users of BuyCoins can deposit funds using debit cards or bank transfers. It makes it easy for consumers to exchange bitcoins using their local cash. A secure, dependable, and safe cryptocurrency trading site is BuyCoins. Additionally, it entices experienced traders to purchase more assets at advantageous prices.

NAIRAEX

Another notable blockchain company in Nigeria is NairaEx, which enables customers to exchange naira for bitcoin without hassle. It was started that year. NairaEx wants to use bitcoin’s power to create a dependable and robust economic system.

Nigerians can access the wealth and power of bitcoin with NairaEx. For cash transactions, this platform is not reliant on a mobile payment app or a payment processor. By doing this, deposit costs are completely eliminated. NairaEx makes sure that bitcoin may be traded more easily. It simplifies and makes transparent the pricing and rates of blockchain trade.

BITKOIN AFRIKA

Another notable blockchain firm in Nigeria that runs a person-to-person (P2P) trading network for cryptocurrencies is called Bitkoin Afrika. Users of this platform can exchange money for and against cryptocurrencies like Bitcoin, Litecoin, and Ethereum.

Bitkoin Afrika makes cryptocurrency trading quick, safe, and stress-free. Some individuals post advertisements to inform others that they are eager to buy or sell cryptocurrencies. These targeted users participate in the transaction when they see these advertisements (trade postings). Every account with Bitkoin Afrika arrives with a cryptocurrency wallet, ensuring that users can transfer, receive, and store digital currency.

COWRIE EXCHANGE

Another renowned blockchain firm is Cowrie Exchange, where users can purchase, trade, and sell cryptocurrencies like Litecoin, Bitcoin, Altcoins, and Ethereum. It was incorporated in 2018. The Cowrie Exchange platform is always accessible and always open. Bank transfers are a way for users to conduct transactions. Customers utilizing Cowrie Exchange can quickly and easily fund their bitcoin wallets directly from their bank accounts without hassle.

NAIRASWITCH

Nairaswitch is yet another notable blockchain business in Nigeria. This specific website aims to give Nigerians access to a safe platform and the tools they need to buy and sell cryptocurrencies like Bitcoin, Litecoin, and Ethereum. Users can purchase and sell cryptocurrencies in Nigeria utilizing the Nairaswitch platform at fair and competitive market rates using bank transfers, web money, and perfect money. It stands out from other sites due to the type of bitcoin exchange rates it provides. Additionally, Nairaswitch makes bitcoin trading secure, quick, and stress-free.

TRIPLEJEXCHANGE

The year 2019 saw the launch of the blockchain startup TripleJExchange. Its main objective is to expand the Nigerian cryptocurrency sector and give it a powerful presence in the industry. Users of TripleJExchange can purchase and sell bitcoin using gift cards and fiat money. Additionally, users of this platform can use Bitcoin to purchase data plans for their mobile networks. In order to facilitate bitcoin exchange conversion and guarantee a smooth transaction, TripleJExchange was developed. It promises quickness and effectiveness. It is a secure environment where cryptocurrencies may be bought and sold.

COINSWAPNG

Nigerian startup cryptocurrency exchange CoinSwapNG provides selling price checks and purchase price inspections. It was officially established in 2016. It is compatible with Bitcoin Cash, Ethereum, Litecoin, and Bitcoin. A blockchain platform called CoinSwapNG provides users with quick, safe, and affordable solutions. They offer the lowest wholesale pricing anywhere for tiny exchanges where users can buy and sell cryptocurrencies.

ELLCRYS

Blockchain startup Ellcrys, based in Lagos, is inventive and original in how it structures the way developers collaborate. Ellcrys concentrates on resolving issues that face developers. This platform has an initial coin offering (ICO) that aims to increase the accessibility and fairness of local cryptocurrency mining and distribution. Ellcrys wants to provide collective ownership and management of software projects. It makes an effort to revive teamwork.

CONCLUSION

Cryptocurrency is continuously gaining popularity in the modern world. Big countries now require blockchain startups as a result of this. This led to the development of cryptocurrency exchange websites that are currently active and serving users’ needs. Nigeria is not falling behind with the current trend of Bitcoin and Blockchain.