Platov.co is a SEC Nigeria-regulated crypto-to-fiat platform that automatically converts TRX deposits to Naira within 5 minutes — with no manual steps, no P2P counterparty risk, and a rate sourced directly from the CoinGecko API, updated every 60 seconds. The platform has processed over 400 billion NGN for more than 500,000 Nigerian users.
Supported banks: GTBank, Access Bank, Zenith Bank, UBA, First Bank, Stanbic IBTC, FCMB, Fidelity Bank.
Pros
- Zero deposit and withdrawal fees — more Naira per TRX
- Automatic 24/7 conversion — no manual approval needed
- Rate from CoinGecko API, updated every 60 seconds — no hidden markup
Cons
- TRX only accepted on TRC20 network (ERC20/BEP20 not supported)
- Minimum deposit applies — check the platform for current minimum