E-currency exchange is one of the businesses with high rates of fraud. While Nigeria is not left out of the countries where fraudulent currency exchange occurs, you’ll likely want to conduct extensive research before choosing a Nigerian Payoneer exchanger.
There’s no denying that nobody wants to lose their hard-earned Payoneer funds to scammers. And to safeguard your Payoneer funds in the event of currency exchange, you definitely need to do business with legitimate hands.
If you’ve fallen into the hands of fraudulent Nigerian e-currency exchangers before, you might begin to think it’s difficult to find legitimate Payoneer exchangers.
While unscrupulous Payoneer exchangers do exist in Nigeria, there’s no denying that the country has a decent number of legit Payoneer exchangers. In this post, we will, therefore, show you the top 4 legit Payoneer exchangers in Nigeria and what you might want to know about each of them. We’ll also guide you on how to identify a legit Payoneer exchanger.
What Are the Top 4 Payoneer Exchangers in Nigeria?
Online Naira
Online Naira is one of the go-to platforms for online currency exchange in Nigeria. The website of Online Naira guarantees ease of exchanging different e-currencies such as Advcash, Payoneer, Web Money, Perfect Money, and PayPal. In terms of beneficial offerings, Online Naira is undeniably one of the best among the Payoneer exchangers in Nigeria.
Besides offering currency exchange, Online Naira is a great avenue for bettors to tap into a pool of opportunities. Forex traders can as well leverage the website of Online Naira to partake in a forex trading community.
Generally, Online Naira is a multi-purpose platform where you can engage in betting, e-currency exchange, lottery, etc. Payment processing is damn fast on Online Naira, and this is of course one of the reasons why the Payoneer exchanger is worth recommending. Quite interestingly, Online Naira is one of the most-visited Payoneer exchange platforms –it boasts 50,000+ users.
Online Naira provides high-grade security, thereby ensuring optimum safety for users’ important data. Without doubt, Online Naira is a reputable currency exchanger which has attracted thousands of users not only for its currency exchange capability, but also for the loads of opportunities it offers bettors and forex traders.
Naira4Dollar
Naira4Dollar is a trusted Payoneer exchanger with a physical office in Lagos, Nigeria. In addition to the exchanger’s fantastic customer support service, one of the things we love about Naira4Dollar is its easy-to-navigate website. Through this website, you get to see what Naira4Dollar offers, along with the contact information of the Payoneer exchanger. Since we consider a professional and easy-to-access website one of the key metrics for rating a PayPal exchanger, Naira4Dollar is most definitely a worthy currency exchange service.
Naira4Dollar also supports a vast range of e-currencies including Bitcoin, PayPal, DASH, Ethereum, Payoneer, Litecoin, DODGE, USDT, and Monero. In Nigeria, Naira4Dollar is one of the best Payoneer exchangers in terms of processing speed. This fantastic exchanger has been a significant force in the Nigerian online currency exchange space.
Meanwhile, you’re certain to find several positive reviews by customers and non-customers of Naira4Dollar. This is probably enough to back the claim that Naira4Dollar holds an excellent reputation in the business of currency exchange.
If you’re hell bent on choosing a Payoneer exchanger that lets your currency exchange sail smoothly –and probably guide you through the process –Naira4Dollar might be the right fit for you.
Ijam Exchange
If you’d like to tap into affiliate earnings while still exchanging your Payoneer funds easily, Ijam Exchange is most likely the best platform for you. While Ijam Exchange has been operating for over 5 years, we may agree that it isn’t a newbie in the Nigerian e-currency exchange space.
While Ijam Exchange’s affiliate program paves the way for interested users to make some money, this is, of course, one of the things we love about the Payoneer exchanger.
Legitimacy is nothing to worry about if you ever decide to patronize Ijam Exchange. The currency exchanger has a physical office in Lagos State, and as expected, this office is an avenue for customers to meet Ijam Exchange’s agents face to face, lodge complaints or make inquiries.
The website of Ijam Exchange isn’t the best thing about the Payoneer exchange, but this shouldn’t spring the impression that you’re going to have a terrible browsing experience which might hinder currency exchange. You’ll definitely find the website useful for exchanging your Payoneer funds as well as changing a decent range of e-currencies including Neteller, PayPal FnF, Skrill, Bitcoin, Ethereum, PayPal GnF, and Perfect Money.
Instant Gold
Instant Gold is one of the experienced players in the Nigerian e-currency exchange space. If you’d like to do business with an old exchanger, Instant Gold is one of the companies you should consider. In the business of e-currency exchange, Instant Gold boasts over 10-year experience.
Instant Gold bills itself as an “e-business solution provider,” and it has constantly lived up to this status by providing numerous clients with the right avenue to buy and sell their e-currencies without any hassle.
Besides Instant Gold’s long-standing presence in the e-currency business, one thing you should like about the Payoneer exchanger is the presence of physical offices where you can establish face-to-face contact with the exchanger’s agents. Instant Gold’s offices are located in Lagos and Ibadan which are undeniably two of the major cities in Nigeria.
Instant Gold not only offers hassle-free Payoneer exchange, but also lets you exchange several other e-currencies including Perfect Money, Tither, Bitcoin, Ethereum, and PayPal. This exchanger further offers a referral programme which is definitely a great opportunity to earn money along with the ease of exchanging your Payoneer funds.
Identifying a Legit Payoneer Exchanger –Here’s What You Need to Know
Even if you haven’t attempted to exchange Payoneer funds before, you shouldn’t find it difficult to identify a legit Payoneer exchanger. There are, of course, legit Payoneer exchangers in Nigeria, but if you don’t know how best to identify them, you might find yourself on the web of currency exchange fraudsters.
We understand that you do not want to lose your hard-earned Payoneer funds to such unscrupulous persons, so we’ll show you the requirements a given Payoneer exchanger should possess before you can consider it legitimate. It could be worth that you patronize a Payoneer exchanger that possesses some or all of the following requirements:
Credible online presence (website and/or social media profiles)
We can undermine the essence of online presence herein because e-currency exchange is mostly done online. If a supposed Payoneer exchanger neither has a professional website (through which it operates) nor runs credible social media profiles (such as a Facebook page or a Twitter handle), it’s likely a bad idea to think you should patronize that exchanger.
A legit Payoneer exchanger will definitely have an online presence in the fashion of a professional website or valid social media profiles where customers and prospects can find up-to-date information about the exchanger or learn more about its offerings.
2. Ability to exchange certain other e-currencies
You might not consider this a crucial pointer of legitimacy, but from our research, it’s crystal clear that all the legit Payoneer exchangers out there exchange various other e-currencies such as Bitcoin, Ethereum, PayPal, DODGE, Litecoin, Skrill, Perfect Money, etc.
3.Physical office(s)
We definitely can’t shy away that a physical office is one of the features that add to the credibility of any business. Although e-currency exchange –such as Payoneer (funds) exchange –is mostly done online, it’s advantageous for a PayPal exchanger to have a physical office. Such an office gives customers the assurance that they can easily meet the exchanger’s representative(s) face to face probably in order to make inquiries or lodge complaints.
4. Positive online reviews
It may be quite hard to market a Payoneer exchanger that can’t lay claim to any positive customer (or even non-customer) review. If you’re able to find loads of positive online reviews written by customers and third parties about a particular Payoneer exchanger, chances are that the exchanger is legit.
FAQs
What is the best Payoneer exchanger in Nigeria?
There are a good number of excellent Payoneer exchangers in Nigeria. All of these excellent exchangers have crucial strengths, so it may not be easy to single out a particular exchanger as the best Payoneer exchanger in Nigeria. Based on our findings, however, the crown of “best Payoneer exchanger in Nigeria” may easily fit Online Naira which we strongly regard as one of the go-to platforms for online currency exchange in Nigeria. Payment processing is damn fast on Online Naira, and this is of course one of the reasons why the Payoneer exchanger is worth recommending.
Generally, Online Naira is a multi-purpose platform where you can engage in betting, e-currency exchange, lottery, etc., and it holds an enviable position as one of the most-visited Payoneer exchange platforms. Online Naira boasts 50,000+ users. Besides offering currency exchange, Online Naira is a great avenue for bettors to tap into a pool of opportunities. Forex traders can also leverage the website of Online Naira to partake in a forex trading community.
How do I identify a legit Payoneer exchanger?
Fraudulent currency exchangers are many online, but this doesn’t mean you’ll struggle to find a legit Payoneer exchanger. In identifying a legit Payoneer exchanger, especially in Nigeria, you should look out for the following requirements:
- Credible online presence
- Ability to exchange certain other e-currencies
- Physical office(s)
- Positive online reviews
If your preferred Nigerian Payoneer exchanger possesses some or all of the requirements above, chances are that the exchanger is worth choosing.
What are the legit Payoneer exchangers in Nigeria?
You can find a good number of legit Nigerian Payoneer exchangers, but if you would rather go with any Payoneer exchanger that comes your way, you might fall into the web of fraudulent Payoneer exchangers.
Based on our findings, some of the legit Payoneer exchangers in Nigeria are Online Naira, Naira4Dollar, Instant Gold, and Ijam Exchange. All of these exchangers are tested and trusted, and they have attracted a significant number of customers to themselves. Though our research clarifies that each of the listed Payoneer exchangers is trustworthy, you may want to conduct more research about them.
Conclusion
Apart from the Payoneer exchangers reviewed in this post, there are bound to be other reliable Payoneer exchangers in Nigeria. However, we decided to stick to the names we highly trust and for which there exist positive reviews. If you intend to know more, endeavor to conduct further research about the legitimate e-currency exchangers in Nigeria.
At this juncture, we believe we’ve provided you with all the important details you might want to know about the top four legit Payoneer exchangers in Nigeria. Finally, we advise that you carefully review the strengths and features of the four Payoneer exchangers in order to figure out the exchanger that’s most appropriate for you.
