The Complete cNGN Guide: How to Buy, Sell, Swap, Deposit & Withdraw on Azza

You asked and we listened. cNGN is now available on Azza!

Looking to buy cNGN with Naira? Want to sell cNGN for cash or swap cNGN for other cryptocurrencies?

This complete cNGN stablecoin guide shows you exactly how to use Nigeria’s leading Naira-backed token on the Azza bot.

We’ll show you step-by-step how to:

• Buy cNGN Nigeria: Convert Naira to cNGN instantly
• Deposit cNGN from external wallets like Trust Wallet or MetaMask
• Check your cNGN balance across all networks
• Withdraw cNGN to any wallet address or phone number
• Sell cNGN Azza: Convert back to Naira in your bank account
• Swap cNGN for USDT, USDC, and other cryptocurrencies
• How to earn free money when you buy or sell cNGN

But first, let’s start with the basics: what exactly is cNGN?

What is cNGN?

cNGN is a first regulated, Naira-backed stablecoin that allows you to hold and transact with Nigerian Naira on the blockchain. Each cNGN token is pegged 1:1 to the Nigerian Naira, meaning 1 cNGN equals ₦1.

With cNGN, you can send money instantly across borders, make payments, and access DeFi services while keeping your funds in Naira.

What do I need to start using cNGN on Azza?

Before you start buying, selling, or swapping cNGN, make sure you have:

• An Azza wallet (check our setup guide if you haven’t created one)
• Completed your KYC verification
• Set up your transaction PIN

Networks cNGN is Available On

You can use cNGN on the following blockchain networks on Azza:

• Base
• Bep20

We’ll add support for other networks soon. Now, here’s a step by step guide on how to buy cNGN on Azza.

How to Buy cNGN on Azza

1. Tell Azza you want to buy cNGN and specify your preferred network (e.g., “Buy cNGN on Base”).
2. Select your local currency.
3. Choose your payment method. We will be using bank transfer in this example.
4. Enter the amount of cNGN you want to buy, in either cNGN or Naira. Remember: ₦1 = 1 cNGN.

5. Send the exact amount of cNGN you would like to buy + displayed fees into the temporary account provided.

6. Wait 1–5 minutes for confirmation.

7. Success! You’ve bought cNGN with Naira on Azza.

Transaction Fee: Buying and selling cNGN is currently free.

How to Deposit cNGN to Your Azza Wallet

If you already have cNGN in an external wallet and want to bring it into Azza:

1. Use the command “deposit cNGN” followed by the network (e.g., “deposit cNGN Base”).
2. Azza will generate a unique wallet address for you.
3. Copy this wallet address.
4. Go to your external wallet (Trust Wallet, MetaMask, etc).

5. Send your cNGN to the address provided by Azza.

6. Make sure you select the correct network when sending.

7. Wait 1–5 minutes for the deposit to reflect in your Azza balance.

8. Check your balance using “cNGN base balance” to confirm.

Important: Always double-check you’re sending on the correct network. Sending cNGN on the wrong network may result in loss of funds.

How to Check Your cNGN Balance

• For specific network: Use the command “cNGN base balance” (or replace “base” with your network)
• For all balances: Use the /balance command and say “show me all my balances”

Your cNGN balance across all networks will be displayed instantly.

How to Withdraw cNGN

Method 1: Step-by-Step Command

1. Input the command: “withdraw cNGN base” (replace “base” with your preferred network).
2. Enter the wallet address or phone number you want to send to.
3. Enter the amount you want to withdraw.

4. Confirm the amount and details. Currently, withdrawal transaction fees are sponsored by Azza.

5. Transaction confirmed! Your cNGN will arrive in the destination wallet/phone number within 1–5 minutes.

Method 2: AI Quick Command

If you don’t want to follow prompt by prompt, you can say everything at once:

1. “Withdraw (amount) cNGN (network) to (wallet address or phone number). Example: “Withdraw 10,000 cNGN Base to 0xE022Bd6F01c5Ba9AcA14971.”
2. Confirm by typing “yes,” and your cNGN will be sent immediately.

Transaction Fee: Currently sponsored (₦0)

How to Sell cNGN/Pay with cNGN on Azza

On Azza, you can either sell your cNGN for Naira or use it to pay for goods and services directly. Here’s how:

Selling cNGN for Naira to Your Bank Account:

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1. Say “Sell (amount) cNGN for Naira” (e.g., “sell 5,000 cNGN for Naira”).
2. Select your preferred network (Base, Bep20, etc).
3. Choose your bank account from saved accounts or enter new bank details.
4. Review the transaction details and exchange rate.
5. Click “Confirm transaction” and enter your PIN.
6. Transaction submitted! Wait 1–5 minutes.
7. You’ll receive a receipt and the Naira will be in your bank account.

Paying a Vendor or Phone Number with cNGN:

1. Use AI to input all your details: “Send 5,300 cNGN Base to 08012345678” or “Send 5,300 cNGN Base to (account number) PalmPay.”

Tip: Before you send crypto to a phone number, make sure the receiver has an Azza wallet, as only registered Azza phone numbers can receive crypto via this method.

2. Click “Confirm transaction.”

3. Enter your PIN.

4. Transaction submitted! Wait 1–5 minutes.

5. Get a receipt. The recipient will receive the payment or you can share the receipt as proof.

How to Swap cNGN

You can swap cNGN for other cryptocurrencies on Azza, including USDT, USDC, and more.

Steps to swap cNGN:

1. Use the command “swap cNGN” or tell Azza “Swap 10,000 cNGN to USDT on Base.”
2. Enter the amount of cNGN you want to swap.
3. Select what you want to swap to (e.g., USDT, USDC, ETH).

4. Choose the network for both tokens.

5. Confirm the transaction and enter your PIN.

6. Your swap will be processed within 1–5 minutes.

7. Check your balance to confirm the new tokens.

Swap Fee: 0.5% of transaction amount

How to earn Cashback on cNGN transcations

Because Azza is the best crypto-to-cash platform in Nigeria, we have a little something extra for our users!

For a limited time only, you can earn 500 cNGN every time you buy and sell at least 10,000 cNGN. How cool is that?

Just like our Solana cashback, you simply trade and wait for us to credit your wallet with your cashback. No complicated claim processes.

Frequently Asked Questions (FAQs)

1. What is the minimum and maximum amount I can buy or sell?

• Minimum: ₦1800 for buying/selling cNGN
• Maximum: $300 worth per day (without KYC), unlimited (with KYC).

2. How long do transactions take?

Most transactions are completed within 1–5 minutes.

3. What happens if my transaction is delayed?

If your transaction takes longer than 15 minutes, contact Azza support. Use the /support command, message any of the listed number with your issue, and our team will investigate and resolve the issue.

4. Can I send cNGN to someone who doesn’t have an Azza account?

Yes! You can send cNGN to any valid wallet address on the supported networks, or to a phone number if the recipient has an Azza wallet.

5. What if I sent cNGN to the wrong address?

Unfortunately, blockchain transactions cannot be reversed. Always verify the recipient’s wallet address before confirming. We recommend sending a small test amount first for large transactions.

6. Can I use cNGN to pay for goods and services?

Yes! You can send cNGN directly to merchants or individuals who accept it. Simply use the /pay command and share your receipt as proof of payment.

7. What’s the difference between selling cNGN and swapping cNGN?

• Selling: Converts cNGN directly to Naira and sends it to your bank account
• Swapping: Exchanges cNGN for other cryptocurrencies (USDT, USDC, ETH, etc.) that remain in your Azza wallet

8. Can I buy cNGN with a debit card?

Currently, Azza supports bank transfers for buying cNGN. Other payment methods may be added in the future.

Ready to Start Using cNGN?

Now that you know how to buy, sell, swap, deposit, and withdraw cNGN on Azza, it’s time to get started!

Open your Azza bot right now and type “buy cNGN” to make your first transaction in under 5 minutes.

Experience the convenience of holding and transacting with Naira on the blockchain: faster, cheaper, and more secure than traditional banking.

Need Help With Your cNGN Transaction?

If you encounter any issues or have questions: Contact Azza support directly through the bot by using the /support command.

Got questions? Our support team is available 24/7 to answer all your questions.

What’s even better? You can join our vibrant Azza community and meet other Azzamen and women too!

Get answers to your questions, meet other crypto enthusiasts, and be the first to know when we release new features and contests!