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Buy and sell crypto in Nigeria with bank transfer
Krait
Liners checked this listing or its product relationship to a reasonable extent. Verification is not an endorsement or product test. How verification worksA Telegram bot for Nigerian crypto users to sell USDT, BTC, ETH, SOL and more and receive naira payouts to local bank accounts with live rates and automated settlement.
Krait Product Overview
Is Krait Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- Nigerian crypto sellers
- Telegram-first traders
What It Does Well
- Sell major coins
- Naira bank payouts
Things to Check
- Supported banks list
- Payout speed
About Krait
Krait is a Telegram bot that helps Nigerian crypto users sell digital assets and receive naira payouts to Nigerian bank accounts and fintech wallets.
Key capabilities include:
- Crypto-to-naira cashout via Telegram commands: users choose an asset and network, receive a one-time deposit address, then get an automated bank payout after on-chain confirmation.
- Supported assets and networks: supports USDT, BTC, ETH, BNB, SOL, TON, and LTC across networks such as ERC20, TRC20, BEP20, Solana, TON, Arbitrum, Optimism, Base, Polygon, Bitcoin, and Litecoin.
- Live rates with locked settlement: provides a rate calculator and locks the rate for settlement, with a stated flat 3% markup built into the exchange rate and no withdrawal fees or network fee deductions.
- Timing guarantee and referrals: the site states under-5-minute settlement for non-BTC assets (BTC takes longer due to confirmation requirements) and a 1% payout bonus if settlement exceeds 5 minutes after confirmation, plus a referral program that pays 30% recurring commission on referred users’ fees.
Available via Telegram (via @kraitrampbot) and a supporting website for live rates and product information.
It targets consumer crypto holders in Nigeria who want a fast way to convert crypto into NGN for payouts to banks and fintechs (including GTBank, Access Bank, Zenith Bank, Kuda, OPay, Moniepoint, and PalmPay).
Notable in the Nigerian market context, it focuses specifically on local bank settlement on NIBSS-connected rails with an automated flow that avoids sign-up forms and manual review, and it lists a local entity, Krait Technologies Ltd. (CAC RC 9560022), Port Harcourt, Nigeria.
Krait Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. How we source dataOperates In
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What it does
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Frequently Asked Questions About Krait
Krait is a Telegram bot that lets you sell crypto such as USDT, BTC, ETH, BNB, SOL, TON, and LTC and receive naira payouts to Nigerian bank accounts and fintech wallets. You interact with the bot via Telegram commands to choose an asset and network, send crypto to a one-time deposit address, then get an automated NGN payout after on-chain confirmation at a live, locked rate.
Krait charges a flat 3% markup built into the exchange rate when you sell crypto for naira. There are no separate withdrawal fees, hidden fees, or network fee deductions on top of that markup.
Krait operates in Nigeria and is focused on payouts to Nigerian bank accounts and local fintech wallets. It is run by a Nigerian-registered entity and targets Nigerian users cashing out crypto to NGN.
You do not need to fill out sign-up forms to use Krait; you start by opening the Telegram bot (@kraitrampbot) and following the prompts. From there you can initiate trades, add payout details, and complete transactions directly inside Telegram.
Krait is available via its Telegram bot, which you can use on mobile devices through the Telegram app on Android and iOS. There is no separate native mobile app beyond the Telegram interface.
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