Cryptonia | Unpacking Innovation 007
What started as a simple crypto merchant trading USDT, USDC, BNB, and Ethereum in April 2024, with just one retweet and two likes on their first tweet, has rapidly evolved into one of Nigeria’s most promising crypto-to-naira platforms.
Cryptonia is a stablecoin off-ramp that’s redefining how Nigerians convert their crypto into Naira—instantly, securely, and without fees. According to Allied Market Research, the global peer-to-peer (P2P) lending market is projected to hit $558.91 billion by 2027, growing at a CAGR of 29.7%. Meanwhile, in Nigeria’s thriving crypto ecosystem, the number of users is expected to reach 28.69 million by 2026, with a user penetration rate of 11.66% by 2025.
As Nigerians continue to lead and earn in the global crypto economy, the need for a safe, fast, and trustworthy way to access their funds locally has never been more urgent. That’s the gap Cryptonia is closing—one instant transaction at a time.
From Humble Beginnings to App Launch
Founded by Oluwasanmi Timilehin (Timmy), a seasoned OTC trader who processed over $5 million in transactions before launching the platform, Cryptonia was born out of necessity. When Nigeria’s central bank lifted its ban on crypto in December 2023 and introduced new digital asset regulations, Timmy seized the moment to scale his vision.
“After 4 years of OTC trading, I knew it was time to build a product that made USDT/USDC to NGN conversions faster than ever,” he shared.
By January 10, 2025, the Cryptonia app launched on the Google Play Store, followed shortly after by the iOS version on January 24, 2025—making fast, seamless stablecoin-to-naira off-ramping accessible to thousands.
Early Traction & Milestones
Cryptonia’s rise in the Nigerian crypto space has been nothing short of remarkable. In under a year, the platform transformed from a small trading service into one of the leading stablecoin-to-naira off-ramping solutions. Here’s a snapshot of its impressive milestones:
Over 100 app downloads just weeks after launch, as of February 6, 2025
An average monthly transaction volume of $200,000 throughout 2024
A total annual transaction volume of $2.5 million (₦4 billion) by year-end 2024
Recognized as one of Nigeria’s top three fastest USDT/USDC to Naira platforms
Instant alert confirmations within 10 seconds, making it a favorite among fast-moving traders
Surpassed $5 million in total trades by March 2025, as reported by Vanguard Newspaper
By May 13, 2025:
Cryptonia crossed 2,000 total app users
Processed over $1 million in OTC transaction volume
Gained 1,600+ users within just two months of launch
Grew its community to 2,800+ social media followers
This explosive growth is not just a testament to the team’s execution—it reflects a real need in the Nigerian market for fast, secure, and reliable off-ramping infrastructure. Cryptonia is more than a product; it’s becoming a movement.
Why Users Are Flocking to Cryptonia
In Nigeria’s fast-growing crypto landscape, stablecoin adoption continues to surge. Yet, one persistent challenge remains: how to safely and reliably convert crypto assets like USDT and USDC into Naira. Peer-to-peer (P2P) trades are riddled with risks, ranging from failed payments to outright scams, and traditional off-ramping options often come with high fees, slow processing times, or a lack of transparency. Cryptonia was built to change that.
At its core, Cryptonia offers an off-ramping solution that is instant, secure, and fee-free. Transactions are completed in under ten seconds, providing users with immediate access to Naira in their bank accounts. Unlike platforms that charge hidden fees or offer volatile exchange rates, Cryptonia operates on a transparent model with some of the most competitive rates in the Nigerian crypto space.
The platform is non-custodial, meaning users retain full control of their assets until the moment of conversion. This significantly reduces the risks associated with storing or transferring funds through intermediaries. Liquidity is available 24/7, ensuring that users can access their funds whenever they need them, regardless of market hours or bank schedules.
For users dealing with larger sums, Cryptonia offers a dedicated over-the-counter (OTC) desk that handles high-volume trades with personalized service and seamless execution. Additionally, users can convert up to $500 worth of crypto without needing to provide a Bank Verification Number (BVN), making the platform accessible while remaining compliant with local regulations.
Cryptonia’s commitment to user experience is evident in its clean, intuitive interface, which caters to both beginners and advanced traders. The platform also boasts strong customer support and regulatory alignment, creating a sense of reliability that is often missing in the Nigerian crypto off-ramp space.
To further enhance flexibility, Cryptonia supports USDT and USDC across multiple chains—including Ethereum (ERC-20), Binance Smart Chain (BEP-20), Solana, and Tron. This multi-chain compatibility gives users the freedom to convert their assets regardless of which network they operate on.
In an industry plagued by trust issues, delays, and poor service delivery, Cryptonia is offering a solution built around speed, security, and user empowerment. It’s not just an off-ramp, it’s a gateway to a better crypto experience in Nigeria.
Recognized & Backed by Industry Leaders
Cryptonia’s credibility is backed by:
Membership in the Circle Alliance Program (joined January 29, 2025), a global network for advancing USDC adoption.
$3,000 USDC grant from Superteam Nigeria, part of the Solana ecosystem. Cryptonia regularly processes $200k+ monthly, with 40% on Solana.
Partnership with Blockradar, which powers Cryptonia’s wallet infrastructure.
Real-World Partnerships & Use Cases
Cryptonia is focused on bridging crypto with real-world use, including:
March 26, 2025: Partnership with Autorush, enabling USDT/USDC payments for cars in Nigeria.
Launch of Corporate Trading Desk, offering dedicated account managers, custom rates, and liquidity for high-net-worth individuals and institutions.
Community-Driven Growth: Cryptonia Corps
In April 2025, Cryptonia launched Cryptonia Corps—a volunteer community of crypto advocates, content creators, and grassroots leaders. These Corps members represent Cryptonia online and offline, helping grow adoption across Nigeria and Africa.
Think of it as the ambassador program with a mission: drive local crypto adoption while earning rewards through engagement, referrals, and strategy. Apply here: Cryptonia Corps Application
How to Use Cryptonia in 4 Easy Steps
Download the app on Android or iOS.
IOS Appstore - https://apps.apple.com/ng/app/cryptonia-app/id6739606877
Android Google Playstore - https://play.google.com/store/apps/details?id=com.evolutionConsult.cryptonia
Select the stablecoin (USDT or USDC) and blockchain network.
Enter the amount and link your Naira bank account.
Send crypto, confirm the transaction, and receive Naira within seconds.
New Features
Referral Rewards & Leaderboards: Earn points when your referred users transact, complete tasks, or hit milestones—redeemable for cash.
On-ramping Support (in development): Researching on how to make it just as fast as off-ramping.
The SuperteamNG Effect
In April 2025, Harri Obi, co-founder of Superteam Nigeria, publicly highlighted Cryptonia’s explosive momentum. The platform recorded a remarkable $300,000 in transaction volume for the month, representing a 50% increase from previous performance benchmarks. Solana overtook Tron as the most utilized chain on the platform, reflecting shifting user preferences toward faster and more cost-efficient networks.
Additionally, Cryptonia onboarded two new institutional clients, expanding its reach beyond retail users. The month also saw a surge in user adoption, with over 1,500 new users joining the platform, further cementing its position as one of Nigeria’s most promising crypto off-ramp solutions.
Final Thoughts: More Than an Exchange, It’s a Movement
“At Cryptonia, we believe financial freedom isn’t a privilege—it’s a right. We’re not just building a product; we’re building access, dignity, and trust for every user.”
From its humble beginnings to processing millions of dollars in stablecoins, Cryptonia is redefining access to global earnings for Nigerians—freelancers, businesses, and everyday users alike.
Whether you're escaping P2P scams or seeking lightning-fast access to your earnings, Cryptonia is the safer, smarter, and faster way to go from USDT/USDC to Naira.
Get Started Today
Download on iOS: App Store
Download on Android: Google Play
Telegram: Join the community
X (Twitter): @getcryptonia
Instagram: @getcryptonia
Website: getcryptonia.com
Support Line: +2347055349443
References
Reports and Data Sources
Allied Market Research. Peer to Peer (P2P) Lending Market. Accessed June 12, 2025. https://www.alliedmarketresearch.com/peer-to-peer-lending-market.
Statista. Cryptocurrencies – Nigeria. Accessed June 12, 2025. https://www.statista.com/outlook/fmo/digital-assets/cryptocurrencies/nigeria.
Vanguard. “Cryptonia Hits $5m in Total Trades by March 2025.” Accessed June 12, 2025. https://www.vanguardngr.com/2025/03/cryptonia-crosses-5m-in-usdt-usdc-trades-and-is-ready-for-more-users/.
Twitter/X Pages
Cryptonia (@getcryptonia). X (formerly Twitter) Profile. Accessed June 12, 2025. https://x.com/getcryptonia.
Harri Obi (@Harri_Obi). X (formerly Twitter) Profile. Accessed June 12, 2025. https://x.com/Harri_Obi.
Websites
Cryptonia. Cryptonia Blog. Accessed June 12, 2025. https://getcryptonia.com/blog.