These are the list of exchanges that are available to Nigerians and offer Naira p2p services or have Bech 32 segwit address deposit when depositing bitcoin.

Note that not all exchanges available for Naira p2p has Bech 32 segwit address deposit and not all that has Bech 32 segwit address deposit are also having the services to convert from any currency to Naira in their p2p section.

The need to know the exchange for bitcoin (Bech 32 segwit address) deposit is for its demand by campaign managers to use for receiving payment due to low transaction fees, scalability and reduction in effective size of transaction. Knowing the exchanges that you can easily send your money to for the best p2p service is also important to avoid scam when sent to an exchange that’s not reputable for p2p services.

Binance is one of the reputable exchange used worldwide, and in Nigeria and when it comes to rating, they always take the top spot amongst other exchanges for its reliability.
Has Bech 32 Segwit Address: YES
Offers Naira P2P services: NO
Note: Binance where having issues with the Nigerian government and where even sanctioned large amount of money at a time before the charges were later dropped. Other cite the reasons for the ban due to the platform being used for money laundering, terrorist financing, and exchange rate manipulations. The Nigerian government moved to crackdown the exchange for control under a regulation framework.

Bitget
Has Bech32 Segwit Address: NO
Offers Naira p2p services: YES
Note: This exchange has been widely used for p2p exchange and for its reputation, it is an exchange you can seamlessly trade your Naira to any cryptocurrency on. I have only used the services ones and it was a nice experience.

Bybit
Has Bech32 Segwit Address: NO
Offers Naira p2p services: YES
Note: This is one of the top exchange in Nigeria today that is used for Naira p2p services. Although a lot of report have been coming recently about their p2p merchants scamming people. The exchange now have a bot integrated in that section that you can chat with to help reduce risk of exposure to such merchants. This will help reduce fraudulent act but you should always check to confirm the right amount has been sent before releasing coins. An 100% rating or the chatbot options for merchants doesn’t mean they can’t scam, it just reduces the chances of scamming.

KuCoin
Has Bech32 Segwit Address: YES
Offers Naira P2P services: NO
Note: KuCoin temporarily suspended the services but gave reasons to why they had to suspend. The reason is to work in accordance to local tax regulations which was the issue at hand that time. Their ban on Naira p2p services came after Binance announced their suspension of Naira p2p service few months after.

Gate.io
Has Bech32 Segwit Address: NO
Offers Naira P2P services: YES
Note: They never publicly stated that they offer p2p services but they’ve been allowing deposit option using Naira for conveniency since March 2025. I haven’t used their p2p services before even if it’s available, so I can’t vouch for it. Do your own research before using them.

MEXC
Has Bech32 Segwit Address: NO
Offers Naira P2P services: YES
Note: They only included the Naira p2p option in April 2025. This was launched in order to increase the high growth of cryptocurrencies for local access. Since I haven’t used their p2p service even though they’ve publicly announced the services, it’s better to apply caution when dealing with merchants there also, scammers are everywhere and one should be able to tell when there’s a red flag to avoid such scammers.

Remitano
Has Bech32 Segwit Address: NO
Offers Naira p2p services:YES
Note: This is one of the top exchanges many Nigerians came to know about and use it frequently to buy crypto assets using Naira. They provide efficient p2p services and has been home for many Nigerian crypto users. Again, scan out to know the best merchant to trade with in order not to fall victims of scams, underpayment while using their p2p services.

Below is a table for better representation:

S/N	|	Exchange	|	Has Bech 32 Segwit Address Deposit	|	Offers Naira p2p Services	|
_________________	|	_________________	|	_________________	|	_________________	|
1	|	Binance	|	YES	|	NO	|
_________________	|	_________________	|	_________________	|	_________________	|
2	|	Bitget	|	NO	|	YES	|
_________________	|	_________________	|	_________________	|	_________________	|
3	|	Bybit	|	NO	|	YES	|
_________________	|	_________________	|	_________________	|	_________________	|
4	|	KuCoin	|	YES	|	NO	|
_________________	|	_________________	|	_________________	|	_________________	|
5	|	Gate.io	|	NO	|	YES	|
_________________	|	_________________	|	_________________	|	_________________	|
6	|	MEXC	|	NO	|	YES	|
_________________	|	_________________	|	_________________	|	_________________	|
7	|	Remitano	|	NO	|	YES	|
_________________	|	_________________	|	_________________	|	_________________	|

There are more exchanges to this, but these are the ones mostly used by Nigerians that offers p2p services in Naira or available for Bitcoin (Bech32 Segwit) deposit. I may update it with more findings on other exchanges. Also, research more about any exchange you wish to use before using any of their services.

DISCLAIMER: All these are exchanges and do not provide 100% security to your funds when you’re using them to save your coin. It is best used for buying and selling, or use for trading if you’re a trader. They are not the best options to save your money in. Only keep an amount you use for trading or want to exchange for via peer to peer in them. Non-custodial wallets are best for savings, always prioritize them over exchange for saving your funds in.