With Binance P2P for NGN gone, Bybit has become the home for serious Nigerian USDT merchants — and it's competitive. VelosBot keeps your Bybit P2P ads priced to win automatically, every minute, 24/7, so you stay ahead without refreshing the app all day.
After Binance halted NGN P2P and the wider crackdown on P2P in Nigeria, many merchants shifted volume to Bybit P2P. It's now one of the most active USDT markets for Nigerian traders — and just as competitive. The merchant priced one naira better takes the order.
VelosBot watches the Bybit NGN book and re-prices your ads the moment a rival undercuts you, keeping you competitive around the clock.
On Bybit you can run up to 2 buy + 2 sell ads per coin across USDT, USDC, BTC and ETH — 16 ads in total. VelosBot prices every one of them for you, each with its own rules, limits and target competitors. You can even block specific competitors by name and skip small dust ads that aren't real competition.
VelosBot handles pricing only — payments stay yours to manage:
You verify and release every trade yourself. The bot only keeps your ad on price.
VelosBot connects to Bybit with the most restrictive scope possible: Fiat Trading → Ads only. It can read your P2P ads and update their prices — nothing else. It cannot withdraw, trade, move crypto between wallets, or even accept or release P2P orders. Your API key is stored locally on your PC; our server never sees it. A scam-wary market deserves a tool that physically can't touch your money — and this one can't.
P2P crypto trading in Nigeria has faced significant regulatory pressure and the rules keep changing. This page is not legal advice. VelosBot is only a pricing tool — it never holds or moves funds and does not change your legal position. You are responsible for complying with current Nigerian regulations; if unsure, seek local professional advice.
No license, no signup, no payment. Completely free.
Free to download. No license, no signup, no card. Add your Bybit API key with read-only permission and you're live in minutes.
Download VelosBot for Windows + AndroidBinance halted NGN P2P and P2P faced a crackdown in Nigeria, so many merchants moved to Bybit P2P. VelosBot supports both, but for Nigeria we point you to the Bybit bot because that's where the NGN volume is now.
Yes. VelosBot is 100% free — no license, no card, no subscription. Download it, add a Bybit Ads-only API key, and run it.
No. It uses a Bybit Fiat Trading → Ads-only key. It can only read your P2P ads and update their prices. It cannot withdraw, trade, move crypto, or accept/release orders. Your key stays on your own PC.