CoinStick is a web‑based platform that lets Nigerian users instantly convert major cryptocurrencies to Naira and receive the funds in any supported bank account in under nine seconds. It offers live market rates refreshed every 30 seconds, zero hidden fees, and bank‑grade security, while also supporting peer‑to‑peer swaps and a multi‑coin wallet for hands‑free conversion.
Funding
Funding not disclosed
Founders
Product
Problem
Cryptocurrency users in Nigeria often face slow, manual, and costly processes when converting crypto to fiat, buying crypto with naira, or swapping between assets, leading to delayed payouts and uncertainty about rates.
Solution
CoinStick offers a fully automated platform that enables instant conversion of major cryptocurrencies to Nigerian naira and vice‑versa, as well as peer‑to‑peer swaps, all completed in under nine seconds. Users create a free account, receive a dedicated wallet address, and send crypto; the system detects the deposit, applies live market rates, and credits the corresponding naira directly to any supported Nigerian bank account. The service provides transparent, real‑time pricing, zero hidden fees, and bank‑grade security (256‑bit encryption, 2FA, fraud monitoring). It also includes a multi‑coin wallet with auto‑sell functionality, allowing continuous, hands‑free conversion.
Target Audience
Individual crypto holders, traders, and merchants in Nigeria who need fast, low‑cost fiat conversion or asset swaps, as well as fintech platforms and payment services seeking to integrate instant crypto‑to‑NGN capabilities.
Features
- Instant crypto‑to‑naira conversion and bank transfer in <9 seconds with 99.9 % success rate
- Live market rates refreshed every 30 seconds; no hidden fees or price slippage
- Support for major coins (BTC, ETH, USDT, USDC, BNB, SOL, etc.) and direct swaps between them
- Dedicated deposit address per coin and auto‑sell option for hands‑free fiat conversion
- Compatibility with all major Nigerian banks (GTBank, Access, Zenith, First Bank, UBA, Opay, Kuda, etc.)
- Bank‑grade security: 256‑bit encryption, two‑factor authentication, real‑time fraud detection
- Web‑based interface and mobile‑friendly design; no app download required for core functions