Kanemtrade Leads the Way: First E-commerce Platform in Nigeria to Accept Cryptocurrency

May 31, 2025
Ecommerce
Kanemtrade Leads the Way: First E-commerce Platform in Nigeria to Accept Cryptocurrency


At Kanemtrade, we're always looking ahead. Innovation drives our platform—and today, we're proud to announce a game-changing leap forward: Kanemtrade is officially the first e-commerce platform in Nigeria to accept cryptocurrency payments.

This means buyers and sellers can now participate in seamless, borderless transactions—bringing a new level of flexibility, speed, and global reach to Nigeria’s online shopping experience.


Why Crypto on Kanemtrade?

Cryptocurrency is transforming the way people around the world handle money. Whether it’s due to inflation, cross-border payment friction, or the desire for decentralized finance, crypto offers a solution. By integrating cryptocurrency into our platform, Kanemtrade empowers users to make purchases and accept payments using trusted digital assets.


What Cryptocurrencies Can You Use?

We accept a broad range of popular and stable cryptocurrencies, including:

  • Bitcoin (BTC)

  • Ethereum (ETH)

  • Tether (USDT) on ETH, TRX, and BSC networks

  • USD Coin (USDC) on ETH network

  • Litecoin (LTC)

  • Solana (SOL)

  • Monero (XMR)

  • Ripple (XRP)

  • Binance USD (BUSD) on BSC network

  • BNB on BSC

  • Chainlink (LINK) on ETH

  • Dogecoin (DOGE)

  • Shiba Inu (SHIB) on ETH

  • Algorand (ALGO)

  • Basic Attention Token (BAT) on ETH

  • Bitcoin Cash (BCH)

This wide range gives buyers the freedom to pay with their preferred crypto, and sellers the power to reach a tech-savvy, global audience.


How to Buy with Crypto on Kanemtrade

Paying with crypto on Kanemtrade is fast and simple:

  1. Browse Products: Shop as you normally would—add items to your cart and proceed to checkout.

  2. Select Crypto Payment: Choose "Pay with Crypto" at checkout.

  3. Choose Your Coin: Select your preferred cryptocurrency from the list.

  4. Send Payment: You’ll be given a unique wallet address for your selected currency. Send the exact amount to that address.

  5. Confirmation: Once your transaction receives the required confirmations (usually 3), your order will be processed.

You’ll receive instant updates and email confirmations as the transaction progresses.


What It Means for Buyers


For buyers, paying with crypto means:

  • Faster transactions, especially across borders.

  • Greater privacy and control over your financial data.

  • Hedge against inflation by spending from your digital assets.

  • No need for traditional banks or cards—just your wallet.

It also allows international crypto holders to easily shop from Nigeria without currency exchange hassles.


What It Means for Sellers


For sellers, this is a major leap forward:

  • Reach a global market: Attract crypto users from across the world.

  • Faster settlements: Payments are confirmed on the blockchain in minutes.

  • Reduced chargebacks: Unlike card payments, crypto transactions are irreversible.

  • Modern brand positioning: Show your customers that your store is innovative and forward-thinking.

This also provides a hedge against Naira volatility, allowing sellers to diversify their income into stablecoins or more valuable digital assets.


The Future of Commerce Is Here

 

At Kanemtrade, we believe that the future of e-commerce is decentralized, secure, and borderless. By embracing cryptocurrency, we’re not just following global trends—we’re setting the pace right here in Nigeria.

Join us as we open the door to a new era of digital commerce. Whether you're a buyer or seller, crypto on Kanemtrade means faster, safer, and smarter transactions.


Start shopping or selling with crypto today at kanemtrade.com
The future is now—and it's powered by crypto