How to buy USDT with naira on Bybit P2P

Before your first order

• The official app. Install Bybit from Google Play or the App Store. If bybit.com does not open on your network, the app usually does. More on access: is Bybit available in Nigeria.
• Identity verification. P2P needs a verified account. Use an ID with the same name as your bank account; a mismatch is the most common reason a merchant refuses to trade.
• A payment method in your name. Add your bank account or wallet under P2P payment settings. Merchants will not accept money from a third party, and you should not either.

Buying USDT, step by step

1. Open P2P and choose Buy, USDT, NGN. Type the naira amount you want to spend and filter by your payment method, so you only see ads that fit.
2. Pick a merchant. Look past the price: completion rate (95% or more is a good sign), number of orders, and the average release time. The cheapest ad on the list is often the slowest.
3. Place the order. The merchant's USDT is now locked in escrow and a payment timer starts. Read the merchant's terms in the order; some want a short note, some only accept certain banks.
4. Pay exactly the amount shown, to the account shown. Use the bank or wallet you added, in your own name. Do not round the amount and do not pay any other account, even if the chat asks you to.
5. Tap "I have paid" and wait. The merchant checks their bank and releases the USDT. It lands in your Funding account, usually within minutes.
6. If nothing happens, appeal. After the release time passes, open an appeal with your receipt. Do not cancel an order you have already paid.

What it costs

Bybit shows any fee on the order screen before you confirm. For most people the real cost is the price itself: buyers pay more than sellers get. At 13:05 WAT, 13 November 2026 the gap between the two sides was ₦7.09 per USDT (0.50%). Add your bank's normal transfer charge on the naira you send.

Prices refresh through the day on the USDT to naira board.

Red flags in a P2P chat

• The merchant asks you to pay a different account from the one in the order, or to "pay outside Bybit to save fees".
• Someone asks you to cancel the order after you have paid, promising to send the USDT "directly".
• A message claims to be from Bybit support inside the order chat. Bybit's team speaks in the appeal, not as a merchant.
• You are asked for your login, a verification code or your seed phrase. Nobody legitimate ever needs these.

More patterns we see in Nigeria, from fake account managers to clone apps: the scam checklist.

After you buy

Your USDT sits in the Funding account. From there people usually do one of three things: keep it as dollars, send it to a trading or casino account, or sell it again later. If you move it out, copy the deposit address from the other platform, choose the same network on both sides, and send a small test first. When you want naira back, follow how to sell USDT for naira.