How a naira figure is built
- Step 1
Start from the amount that arrives
A sale is measured against the crypto that actually lands, after any network fee, not the amount you set out to send.
- Step 2
Convert that to a dollar value
The asset's dollar price sets what the arriving amount is worth. For stablecoins this barely moves; for others it moves constantly.
- Step 3
Apply the published naira rate
ebitpoint publishes a naira rate per asset. That rate is what converts the dollar value into the naira payout.
- Step 4
Read the figure on the order
The order preview shows the payout at the moment it is priced. That is the figure the sale uses.
Two moving parts, not one
People often assume a naira payout moves because the crypto moved. That is half of it. A naira figure is built from two separate numbers, and each can change without the other.
The first is what the asset is worth in dollars. The second is what a dollar is worth in naira. Multiply them and you have the naira value of what you sold.
For an asset like Bitcoin, both move. For a stablecoin like USDT, the first barely moves at all — which means almost every change you see in a USDT payout is the naira side moving.
Why the naira side moves
The naira's rate against the dollar is not fixed, and it has been noticeably changeable in recent years. That is an economic fact about the currency rather than anything specific to crypto.
It means a payout quoted in the morning is not a payout owed in the evening. This is not a platform behaviour to work around; it is what pricing in a moving currency looks like.
Why a sell rate sits below the market rate
A published sell rate is what ebitpoint pays you, and it is deliberately a little below the market reference rate. That gap is how the service covers its costs and is how any exchange works, here or anywhere else.
It is worth knowing so that the gap does not come as a surprise. Comparing a payout against a market chart and finding it slightly lower is expected, not an error.
What this means in practice
Read the figure on the order preview at the point you confirm. That is the number the sale is priced at, and it accounts for both moving parts at once.
If a payout looks different from what you expected, the question to ask is which of the two inputs changed. Usually it is the naira.