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How to read a crypto order preview in Nigeria

An order preview is the last place to catch a mistake cheaply. What each part means, and the five things worth checking before you confirm a naira sale.

6 min read · Learn

Reviewed by ebitpoint · Updated

Illustration of a crypto order preview under a magnifier
Sell crypto in Nigeria

Five things to read on every preview

  1. Step 1

    The asset and the network

    Confirm both. Assets with similar names, and the same asset on different networks, have different transfer requirements.

  2. Step 2

    The crypto amount leaving

    Check the exact amount you are selling, including decimal places. This is the side you control.

  3. Step 3

    The naira amount arriving

    Read the payout figure rather than the rate. The pair of numbers is what tells you the deal you are accepting.

  4. Step 4

    The bank destination

    Check the account number, the bank, and the name. The payout goes where the order says it goes.

  5. Step 5

    Fees and timing notes

    Anything displayed beside the amounts is part of the transaction. Read it in the same pass rather than afterwards.

The preview is the cheap place to be wrong

Before you confirm, changing your mind costs nothing. After a transfer is sent, the same correction can take days and may not be possible at all.

That asymmetry is the whole argument for reading the preview slowly. It is the only moment in the process where care is free.

Read the two amounts as a pair

The crypto amount and the naira amount only mean something together. A rate quoted alone hides how much you are actually selling; a payout quoted alone hides what it cost you.

Reading them as a pair also makes errors obvious. A decimal place in the wrong position stops looking plausible as soon as you compare the two sides.

The destination deserves its own pass

The bank destination is the part with the least forgiving failure mode. Everything else can be right and the money will still go elsewhere if a digit is wrong.

Check it against your bank's own record rather than from memory, and check the bank name as well as the number.

Nothing on the preview is decoration

Fee lines and timing notes are easy to skim past because they are usually smaller on screen. They still change what you receive and when you receive it.

If something in the preview is not clear, that is a reason to stop and ask through signed-in Support, not a reason to continue and find out afterwards.

Common questions about order previews

Why does the preview matter more than the rate page?

A rate page describes the market. The preview describes your transaction, including the exact payout and destination. Only one of them pays you.

The preview has been open a while. Is it still valid?

Refresh and read it again. Prices move, and a stale preview may no longer reflect what the order will actually do.

What if a number looks wrong?

Close the order and start again. Nothing is lost by creating a fresh order, and a great deal can be lost by confirming one you do not understand.

Can I change the destination after confirming?

Treat it as fixed once the order exists. That is exactly why the destination is worth checking carefully on the preview.