Naira4dollar (is it a trusted exchange?)

Naira4dollar (is it a trusted exchange?)

Naira4dollar review (is it a trusted/legit exchange?)

Naira4dollar review

Is naira4dollar a legit exchange?

What is e-currency

E-currency is just like a physical currency, in the sense that you can buy stuff with it or offer services for it.

The key difference is that e-currency is digital, and it’s transactions are almost instantaneous and borderless.

E- currency can be centralized (This means a body or organization controlling the flow of it) or decentralized (When the flow is not being controlled by anyone).

Buying e-currency has never been easier, with the ever increasing amount of local exchanges, buying or selling e-currency is now as comfortable as it has ever been.

One of the advantage of using local exchanges over foreign ones is the comfort of payment.

There are so many local exchanges you can use in buying e-currency, the ever increasing popularity of e-currency means there will be more and more exchanges.

Picking a particular exchange to buy or sell e-currency in Nigeria can become a challenge.

One of these exchanges is called Naira4dollar, and am going to be writing about everything you need to know about naira4dollar in this Naira4dollar review.

Before the end of this naira4dollar review, you will know almost everything you will need to know about the e-currency exchange called naira4dollar.

Table of contents

i. Naira4dollar

ii. How to buy e-currency on Naira4dollar

iii. How to sell e-currency on Naira4dollar

iv. Naira4dollar supported banks

v. Naira4dollar’s referral program

vi. is it a trusted/legit exchange

vii. Naira4dollar alternatives

viii. Conclusion

Naira4dollar homepage
Naira4dollar homepage

Let’s get into it then…


Naira4dollar is a company of sunej global ventures limited, it is an e-currency exchange company that has been in operation since as far back as 2006.

Naira4dollar is registered with the CAC (Corporate affairs commission of Nigeria) with registration code RC-1069456.

Naira4dollar has offices in both ibadan and Lagos were you can buy e-currency directly. Will we get into that later in this review.

Naira4dollar’s supported e-currency

Naira4dollar’s supports the following e-currency.

1. Perfect money
2. Web money
3. Bitcoin (BTC)
4. PayPal

How to buy e-currency on Naira4dollar

Before you can buy e-currency on Naira4dollar, you will have to

1. Register for an account.

2. Validate the account

3. Login to member area

4. View the current prices for the e-currency as it flunctuates.

5. Click on “BUY” e-currency.

6. Fill the form correctly, verify the details.

7. Submit and click the “Alert admin” button either immediately or after payment.

Without alerting the admin, your account will not be funded. Your account should be funded instantly, but in cases of delay, it shouldn’t exceed 24 hours.

You can also buy e-currency at Naira4dollar’s offices in ibadan or Lagos


27 idi-ape bus-stop, opportunity Mr Biggs, along two road, off bashorun-akobo road Ibadan.
08094316652(8am-6pm mon – sat)

AP filling station complex opposite sango garage, sango Ibadan.
08035066921 (8am – 6pm Mon – sat)

Adedibu complex beside total filling station olusanya bus-stop, Ring road Ibadan.
08035066921 (8am – 6pm mon – sat)

Lemon plaza opportunity 7up bus stop off iwo round about monatan, Ibadan
08035886446 (8am – 6pm mon – sat)


Shop Can,10,TBS auditorium, car park c TBS Onikan, Lagos
01-4531563, 08039438424
(8am – 6pm mon – sat).

Kings plaza, 80 Adeniran ogunsanya opportunity. Access bank, surulere Lagos 08097004020
(8am – 6pm Mon – sat).

Shop C28, Assets Corp plaza, opp medical road, awolowo way computer village, ikeja. 01-4530770
(8am – 6pm Mon – sat)

Note: You can pay less than 150,000 naira at their offices, anything more than that should be deposited in any of their Bank accounts.

How to sell e-currency Naira4dollar

1. Register for an account.

2. Validate the account.

3. Login to member area.

4. View the current prices for the e-currency as it flunctuates.

5. Click on “SELL” e-currency.

6. Fill the form correctly, verify the details.

7. Submit and click the “Alert admin” button.

Without alerting the admin, your account will not be funded.

Your account should be funded instantly, but in cases of delay, it shouldn’t exceed 24 hours.

Naira4dollar’s supported banks

One of the advantages of using local exchanges is the comfort of payment.

Naira4dollar supports the following banks, and according to their website, more banks will be added

1. Gtbank
2. Intercontinental bank
3. FlashMe cash

Naira4dollar’s referral program

Naira4dollar like most other e- currency exchange has a referral scheme, were you get a percentage for every customer you bring. That means you get a percentage from the purchase of the user.

Naira4dollar customer support

E-currency exchanges sometimes are only as good as their customer service. The better the customer service, the more patronage they will likely get.

Naira4dollar support can be reached at:

Phone number: 07004007000
Whatsapp: 08097000048

Is it a trusted/legit exchange?

Yes, Naira4dollar is definitely a trusted exchange, it has been in operation since 2006, no scam business can stay for that long and I have heard and seen good reviews about their services.

This exchange definitely has it’s flaws, but it’s definitely a trusted exchange, and I will recommend it to anyone looking to buy e-currency.

Naira4dollar alternatives

If you find Naira4dollar too limited in options, there are other alternatives were you can by e-currency in Nigeria and pay in naira.



Jostpay is a peer to peer marketplace for buying and selling of Bitcoin, Bitcoin cash and litecoin in Nigeria.



Ngexchanger is a company based in port-harcourt, Nigeria that deals on the buying, selling and exchange of digital currencies, that have been in operation for over two years. Ngexchanger rebranded to blockvila recently.



Nairaex is a Bitcoin exchange platform that is based in abeokuta, ogun state Nigeria. nairaex is into buying and selling of different types of e-currencies.


Buycoins africa

Bitkoin africa is peer to peer Nigerian e-currency exchange that recently rebranded to buycoins Africa.



Naira2usd is an e-currency exchanger in Nigeria, owned by simac c & s services and funds. They buy, sell and exchange various e-currencies including perfect money, Bitcoin, webmoney, PayPal, Skrill, neteller, payoneer, litecoin, ethereum e.t.c.

These exchanges have their strong points and also some flaws, but they are very good options for buying e-currency.

Choosing a particular exchange will depend on your needs, if you are looking for quality service, good customer care, fast delivery, cheap rate e.t.c. Then each of these exchanges have their strong points.


Naira4dollar’s support is not particularly very good, the few little compliants I have seen about this company is the sometimes slow response
to customers.

Naira4dollar review
Naira4dollar review

Naira4dollar bank options is very limited, I think it will do their business better if they support more banks, making it easier for different people, also the website is not particularly responsive on mobile which I think they can improve on.




Have you used Naira4dollar before? What was your experience using it? Leave your comments below…Thank you for reading my Naira4dollar review.

Check out my post on how to start bitcoin business in Nigeria

Check out my post on bitcoin ATM in Nigeria

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