Top 5 Crypto OTC Trading Platforms in Nigeria (2025)

If you’ve ever tried converting a large amount of crypto to cash in Nigeria, you already know how difficult it can be, considering the frequent bans and exchange restrictions. 

Between unstable P2P markets, delayed transactions, and rising fraud risks, many crypto users now turn to crypto OTC trading platforms for safer, faster, and more reliable transactions.

In this article, we’ll show you the top 5 crypto OTC trading platforms still working in Nigeria in 2025, what makes them stand out, and why a platform like Breet is quickly becoming the go-to solution for Nigerians who want to convert crypto to cash without the stress.

What Is a Crypto OTC Trading Platform?

A crypto OTC (Over-the-Counter) trading platform allows you to buy or sell large amounts of cryptocurrency directly, without relying on the open market or P2P transactions. 

Instead of placing public orders on exchanges, OTC platforms process your crypto instantly, often paying directly into your bank account.

In Nigeria, where traditional exchanges face increasing restrictions and bank limitations, OTC platforms offer a safer, more efficient alternative to risky P2P trading.

TOP 5 Crypto OTC Trading Platforms in Nigeria (2025)

1. Breet OTC Desk – Best for Instant Crypto-to-Cash Conversion

• Supported Assets: 40+ (BTC, USDT, ETH, etc.)
• Available on: Android, iOS, Web
• VIP OTC Desk: Available for large volume trades

Why Breet Stands Out

Breet is a crypto OTC trading platform with over 250,000 users, designed for fast, automated crypto-to-fiat settlements.

Breet processes trades in an average of 287 seconds, with direct payment into your Nigerian bank account.

2. Binance OTC Desk – Best for Global Traders

• Supported Assets: 100+ cryptocurrencies including BTC, USDT, ETH, BNB
• Available on: Web, Binance Pro App

Why It Stands Out

Binance offers a dedicated OTC trading desk for users looking to execute large trades without impacting market prices. 

Though Binance’s access in Nigeria has been restricted, many Nigerians still use Binance for OTC trading via external wallets or stablecoin funding, then off-ramp locally using platforms like Breet.

Read Also: Binance has Launched “Will Function” to Allow Users Give Crypto Assets to Next of Kin

3. KuCoin OTC Trading Desk – Best for Stablecoin Access 

• Supported Assets: USDT, BTC, ETH, KCS, NGN (via USDT pairing)
• Available on: Web and KuCoin Mobile App

Why It Stands Out

KuCoin’s crypto OTC trading platform offers simple crypto trades with competitive rates, primarily focused on fiat-to-stablecoin exchanges. 

While KuCoin doesn’t directly support NGN bank transfers anymore, Nigerian users often use the platform’s OTC desk by trading via verified OTC agents using stablecoins.

4. Crypto.com OTC Portal – Best for Global Access and Large Trades

• Supported Assets: 250+ cryptocurrencies
• Available on: Web, Mobile

Why It Stands Out

Crypto.com OTC Portal is for users looking to execute large crypto trades with minimal slippage.

While the platform doesn’t support NGN funding, it allows users to conduct OTC trades via stablecoin wallets and off-ramp locally through trusted platforms like Breet.

5. Gemini OTC Desk – Most Regulated Crypto OTC Platform

• Supported Assets: 70+ cryptocurrencies including BTC, ETH, LTC, USDC
• Available on: Web (via Gemini Exchange)

Why It Stands Out

Gemini OTC Desk is known for security, transparency, and compliance, making it a great choice for crypto traders seeking a platform that’s ideal for large transactions.

Although it doesn’t support NGN directly, Nigerians can still use Gemini to trade large volumes of crypto, especially if funding from USDT, BTC, or ETH wallets, and then use a service like Breet for local conversions.

Comparing the Top Crypto OTC Trading Platforms in Nigeria

Feature	Breet OTC Desk	Binance OTC	KuCoin OTC	Crypto.com OTC	Gemini OTC
User Type	Individuals & Big businesses	Mostly institutions & high-net-worth	Retail & pro traders	Institutional clients	Primarily institutional
Minimum Trade Size	No minimum	$10,000+	$1,000+	$50,000+	$100,000+
Supported Currencies	Bitcoin, USDT, ETH & more	Broad range of cryptos	Major cryptos	Top coins only	Limited asset selection
Fiat Support	NGN, GHS	Multiple global fiat currencies	Limited fiat	Mostly USD	USD only
Ease of Use	Beginner-friendly mobile & web app	Requires onboarding	Some learning curve	Advanced dashboard	Designed for experienced traders
Transaction Speed	Instant settlements	Within a few hours	May take hours	Can experience delays	Often next-day
Fees	Zero hidden fees	Spread-based pricing	Custom quotes	Premium spreads	Variable fees
Availability	Nigeria, Ghana,	Global	Global	Global	Region-dependent
Customer Support	Personalized & local support	Ticket-based	Live chat	Standard helpdesk	Email support only

Why Breet Stands Out as a Top Crypto OTC Trading Platform in Nigeria

While global OTC desks offer impressive liquidity and institutional access, most are not built for everyday Nigerian users, which makes Breet a perfect choice.

Breet is Nigeria and Ghana’s leading crypto OTC trading platform, built for users who want to instantly convert crypto to Naira without P2P risks, delays, or confusing dashboards.

What Makes Breet Different?

• Get paid directly to your bank account in 287 seconds.
• No P2P, no third-party risks
• 40+ supported crypto assets
• 300M+ trades processed and 250,000+ users served
• Transparent rates with zero hidden fees

Conclusion on Choosing the Right Crypto OTC Trading Platform in Nigeria

With more Nigerians earning and saving in crypto, choosing the right crypto OTC trading platform is necessary to avoid fraud, delays, and blocked transactions. 

While international options offer deep liquidity, only Breet gives you instant, reliable crypto-to-cash cashouts, without middlemen or drama.