Quidax Alternative in Nigeria: Introducing Skye Wallet.

Quidax Alternative in Nigeria: Introducing Skye Wallet.


4 min read

QUIDAX is a Nigerian digital currency and exchange platform launched in 2018 where cryptocurrency traders can trade and manage their digital assets.

However, cryptocurrency traders have a broad choice of alternatives when selecting their favorite platform for trading. One of the top cryptocurrency marketplaces for selling digital assets in Nigeria including Bitcoin, Litecoin, Ethereum, and USDT, is Skye Wallet.

In this blog, I will introduce you to Skye Wallet (the best alternative to any cryptocurrency exchange in Nigeria) and its exciting features and functionalities.

Skye Wallet:

Skye Wallet is one of the greatest cryptocurrency platforms that is using high-quality service delivery to break down barriers in the Nigerian cryptocurrency market.

Skye Wallet was launched in April 2021 and has demonstrate its legitimacy and won the hearts of many through its Simplicity, Security, and Swiftness in processing transactions since its establishment.

Skye Wallet is a cryptocurrency platform that allows you to Buy, Sell, Swap & save cryptocurrency safely and seamlessly. The robust Skye Wallet system allows you to Deposit your local currency (Naira) and withdraw into your local bank account.

Skye Wallet makes it possible for anyone in Nigeria to trade cryptocurrency instantly using multiple options of deposit such as; Instant Bank Transfer, Voucher and automated P2P system.

Skye Wallet, currently supports more than 25 cryptocurrency coins/tokens, such as; BTC, USDT, BNB, BUSD, LTC, DASH, BCH, SHIBA INU.

However, Skye Wallet has amazing features, which makes it a favorite exchange of many in Nigeria.

Features of Skye Wallet:

1. Instant Buy and Sell:

Skye Wallet’s user-friendly interface makes it possible for beginners who have no prior knowledge of crypto trading to buy and sell cryptocurrencies swiftly and easily.

2. Instant Deposit and Withdrawal:

Skye Wallet offers three distinct payment options making it possible for users to make deposits swiftly, easily, and instantly. There are three distinct payment options available to you such as; Bank Transfer, Voucher and automated P2P system. [Read more on Skye Wallet's deposit system]

Skye Wallet also put in place an automated withdrawal system making it easy for users to transfer money from their Naira wallet into a local bank account.

3. Savings:

Skye Wallet offers two options for the savings feature; Fixed Savings and Flexible savings.

Skye Wallet’s Flexible savings offers you 13% annual return, and you have full access to your money whenever you need it.

While the Fixed savings offers you 15% annual return, and the return on investment is made available to you in advance. As such, you can claim your interest upfront.

4. Sign-up Bonus:

Skye Wallet offers you a 50,000 Naira sign-up bonus. This money is made available to you in your promo balance, and you can have access to it as soon as you start earning referral bonuses.

The 50,000 Naira offered to you at sign-up is different from your referral bonus, which you receive for referring customers who make purchases. An additional 50,000 Naira is provided to you at no cost if you earn up to 50,000 Naira in referral bonuses, bringing your total to 100,000 Naira.

5. Referral Bonus:

Skye Wallet's referral system gives you access to a lifetime of passive income. Refer people to use Skye Wallet and earn 0.5% of their transactions for life.

6. 24 Hours Customer Support:

Skye Wallet provides a round-the-clock customer support service. Skye Wallet’s customer support live channel is available at all time, making it possible for issues to be resolved swiftly.

7. Safety:

In addition to the security measures put in place to safeguard your account, Skye Wallet provides you a 4-digit pin to approve any transaction on your account. With this, you're sure of the safety of your funds.

How To Get started With Skye Wallet:

Signing up on Skye Wallet only requires a few clicks. Visit the website or download mobile app on Google Playstore or App Store

1. Click on “Create account”.

2. Provide the necessary information such as FIRST NAME, LAST NAME, EMAIL ADDRESS, PASSWORD and PHONE NUMBER and click “Continue”

3. An OTP will be sent to the email address you provided; input the OTP sent and click on “Confirm” to successfully create an account.


Three levels of KYC verification are required on Skye Wallet. They include:

Level 1 verification: This entails verifying a valid Nigerian phone number.

Level 2 verification: This entails verifying a valid Nigerian bank account.

Level 3 verification: This entails verifying a valid means of identification, which includes either of the following: Drivers license, International Passport, National Identity Card and Voters Card.

Download the Skye Wallet app on Google PlayStore or AppStore or visit our website skyewallet.com to get your crypto journey started.