USDT/NGN P2P rates in Nigeria

The median of the first public offers to buy USDT/NGN (up to 10 per platform) is OKX P2P: 1,367.74 NGN; sampled Oct 7, 09:23 AM GMT+1. Against the USD/NGN reference of 1,329.91 NGN, the median premiums are OKX: Buy premium +2.84% · Sell premium +2.5%. These are public P2P quotes compared with an independent FX reference, not local cash or parallel-market rates. A premium is not net profit: trading, withdrawal and execution costs still apply.

1 USD ≈ 1,329.91 NGN

Frankfurter daily reference blended across providers · 2026-10-07 · View FX source · USD reference, not a local cash or black-market rate

OKX · Median price: Buy USDT 1,367.74 / Sell USDT 1,363.18 NGN · Buy premium +2.84% · Sell premium +2.5%

Sampled: Oct 7, 09:23 AM GMT+1

Binance no longer lists NGN P2P. This page uses OKX public offers and measures premium against the USD/NGN FX reference, not a cross-exchange spread.

OKX P2P

Buy USDT

Median price1,367.74 NGNPremium vs FX+2.84%Sampled offers10
Payment method
#MerchantQuotePremium %
1ahm***@gmail.com1,366+2.71%
2FastlinkRFL1,367+2.79%
3Bitcoin__Exchange1,367.4+2.82%
4AdamPayNG1,367.5+2.83%
5Mohhtrades1,367.7+2.84%
6Asquareltd1,367.78+2.85%
7FemzyExchange1,367.8+2.85%
8Kargi1,367.9+2.86%
9BOLLINGER_EXCHANGE1,367.98+2.86%
10GodEyeTrader1,367.98+2.86%

Sampled: Oct 7, 09:23 AM GMT+1

Sell USDT

Median price1,363.18 NGNPremium vs FX+2.5%Sampled offers10
Payment method
#MerchantQuotePremium %
1SuremaxT1,363.65+2.54%
2FemzyExchange1,363.61+2.53%
3Kingspay_1,363.55+2.53%
4odunexchange1,363.33+2.51%
5Kargi1,363.2+2.5%
6Skengmann1,363.15+2.5%
7Horlarmielekan1,363.1+2.5%
8Beryl011,363.05+2.49%
9Zany.1,363.03+2.49%
10Zany.1,363.02+2.49%

Sampled: Oct 7, 09:23 AM GMT+1

Premium history

History tracks the best visible premium sampled every 30 minutes, not the current top-10 median. New markets build history from launch.

How to read this data

Public quotes are indicative. Check order limits, payment compatibility, KYC and execution costs. A premium is not a guaranteed profit.

What is a P2P premium?

Premium = (USDT fiat price / USD fiat reference − 1) × 100. USDT and USD are different assets; this is a reference comparison, not an executable USD conversion.

How is a cross-platform spread calculated?

Gross spread = (best sell price / best buy price − 1) × 100, in the same fiat. Fees and available order size must be checked separately.

Why do prices differ?

Local supply, demand, payment methods and execution restrictions can change P2P quotes. The FX reference is a provider benchmark, not a local cash or black-market rate.

Is a premium the same as net profit?

No. A premium compares a USDT quote with the USD FX benchmark. Net profit must also subtract trading and withdrawal fees, and depends on compatible payments, limits and executable liquidity. Use the calculator with your own costs.