Looking to sell USDT for cash in Lagos? Whether you are a tourist or a local, converting Tether to fiat currency in Nigeria requires knowing the right spots. This 2025 guide covers the best P2P Agents and safety tips.
Is it Legal to Sell USDT in Lagos?
Generally, P2P trading is a grey area, while licensed ATMs are fully legal. Huge adoption despite bank bans. Always check local regulations in Nigeria before transacting large amounts.
Best Method: P2P Agents
In Lagos, the most popular way to cash out is via P2P Agents.
- Convenience: High.
- Privacy: High.
- Risk Level: Medium.
Safety Tips for Lagos Traders
- Meet in Public: If doing P2P, choose a mall or coffee shop.
- Count Cash First: Never release USDT before verifying the cash.
- Check Bills: Be aware of counterfeit notes.
Alternative: Online P2P
If you can’t find a physical location, use Binance P2P filtering for “Lagos” or “Nigeria” to find local bank transfer options.
