7 minute read
How Long Does Pocket Option Withdrawal Take in Nigeria?
from Pocket Option
If you're trading on Pocket Option from Nigeria and wondering how long it takes to withdraw your money, the short answer is: Pocket Option withdrawals in Nigeria typically take between a few hours and up to 5 business days, depending on your withdrawal method, account verification status, and your bank or payment provider.
But there’s more to the story. In this article, you’ll learn exactly how the Pocket Option withdrawal process works in Nigeria, what delays to expect (and avoid), the fastest withdrawal methods, and how to ensure your funds arrive as quickly as possible.
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How Pocket Option Withdrawals Work in Nigeria
Pocket Option is a global binary options trading platform that supports traders in Nigeria. It offers several withdrawal options for Nigerian users, including:
Bank cards (Visa/Mastercard)
Cryptocurrencies (Bitcoin, USDT, Ethereum, etc.)
E-wallets (Skrill, Perfect Money, Advcash)
Local bank transfers (through third-party payment processors)
Before you can withdraw any funds, you must meet certain conditions:
Account verification (KYC) must be complete
You must have a minimum of $10 in your balance
You must use the same method for withdrawal that you used to deposit (when possible)
Now, let’s break down each withdrawal method and how long it typically takes in Nigeria.
1. Cryptocurrency Withdrawals (Fastest Option in Nigeria)
Withdrawal Time: Minutes to 24 hours
If speed is your top priority, crypto is the best option for withdrawing from Pocket Option in Nigeria.
Pocket Option supports Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Litecoin (LTC), and other cryptocurrencies. Once your withdrawal is approved (usually within a few hours), the funds are sent to your crypto wallet. Network congestion may cause minor delays, but typically, most users receive their crypto withdrawal within 30 minutes to 6 hours.
Key Advantages:
Fast and borderless
Minimal fees (Pocket Option doesn’t charge; network fees apply)
No reliance on Nigerian banks
Tip: Make sure your wallet address is accurate. Crypto transfers are irreversible.
2. E-wallets (Skrill, Perfect Money, Advcash)
Withdrawal Time: Same day or up to 2 business days
E-wallets are a reliable middle ground between banks and crypto. If you deposited through an e-wallet, you can withdraw to the same wallet.
Skrill and Perfect Money withdrawals are often completed within 1 to 24 hours
Advcash withdrawals may take slightly longer — up to 2 business days
These platforms are widely used by Nigerian traders and allow you to cash out through local bank agents or P2P marketplaces.
Note: Skrill may not be available for new Nigerian users due to regulatory restrictions. Perfect Money and Advcash are more commonly used.
3. Bank Cards (Visa/Mastercard)
Withdrawal Time: 2 to 5 business days
If you deposited using a debit or credit card, you can typically withdraw to the same card. However, card withdrawals are among the slowest options for Nigerian traders, often taking up to 5 working days due to bank processing times and anti-fraud checks.
Some Nigerian banks may reject international card withdrawals. If that happens, Pocket Option will suggest an alternative method (like a bank wire or e-wallet).
Important: Make sure your card supports international transactions.
4. Local Bank Transfers (via Payment Processors)
Withdrawal Time: 24 hours to 3 business days
Pocket Option does not directly support Nigerian Naira (NGN) bank accounts. However, they partner with third-party local payment processors that can help convert your USD withdrawal to Naira and send it to your Nigerian bank.
This method typically takes 1 to 3 days, depending on the provider. You'll usually receive instructions during the withdrawal process.
Warning: Only use official payment channels recommended by Pocket Option. Avoid unofficial agents.
What Affects Pocket Option Withdrawal Times in Nigeria?
Several factors can impact how quickly you receive your funds:
1. Verification Status
If your account is not verified, Pocket Option will not process any withdrawal. Full KYC verification (ID + address) is mandatory.
2. Withdrawal Method
As outlined above, crypto and e-wallets are fastest; cards and banks are slower.
3. Time of Request
Withdrawals requested on weekends or holidays may face delays. Business days are Monday to Friday.
4. Anti-fraud Checks
If your trading activity triggers a security flag (e.g., bonus abuse or unusual patterns), Pocket Option may manually review your account, delaying the withdrawal.
5. Incorrect Details
Mismatched or incorrect wallet addresses, bank info, or account names can delay or cancel your withdrawal.
Tips to Speed Up Your Pocket Option Withdrawals in Nigeria
If you're serious about fast withdrawals, follow these best practices:
✅ Complete KYC Early
Do your full ID and address verification before making your first deposit.
✅ Use Crypto or E-wallets
Avoid card or bank withdrawals unless necessary. USDT (TRC20) is the fastest and cheapest crypto method.
✅ Stick to One Method
To avoid confusion or delays, deposit and withdraw using the same method where possible.
✅ Check for Withdrawal Limits
The minimum withdrawal is $10. There's no maximum, but large withdrawals may trigger extra checks.
✅ Monitor Your Email
Pocket Option sends emails for withdrawal confirmations, issues, or required actions.
Common Withdrawal Issues in Nigeria — And How to Fix Them
Issue #1: Withdrawal is stuck on "Pending"
✅ Fix: Wait up to 24 hours. If it’s still pending after that, contact support.
Issue #2: Rejected due to unverified account
✅ Fix: Upload required KYC documents in your profile settings.
Issue #3: Bank/card rejected the payment
✅ Fix: Use an alternative method like crypto or Perfect Money.
Issue #4: Wrong wallet address
✅ Fix: Always double-check your address. If funds are sent to the wrong crypto address, they are lost.
Is Pocket Option Withdrawal Safe for Nigerians?
Yes — if you follow the rules. Pocket Option is a registered broker under IFMRRC and has been operational since 2017. Nigerian users report generally positive experiences with withdrawals when:
The account is verified
No suspicious trading patterns exist
The withdrawal method is compatible with Nigerian systems
Avoid shady agents or Telegram groups promising faster withdrawals. Stick with official support channels.
Real User Experiences in Nigeria
Many Nigerian traders confirm successful withdrawals from Pocket Option, especially via USDT and Perfect Money. Some examples from trading forums and reviews:
“I got my USDT withdrawal in 30 minutes. Smooth process.”
“Perfect Money took about 12 hours, then I cashed out to GTBank.”
“Card withdrawal didn’t work, but Advcash saved me. Got paid in 2 days.”
“Delayed at first because I hadn’t verified my ID. Once I did, no issues.”
That said, some traders report delays when withdrawing larger amounts or using Nigerian cards.
Final Verdict: How Long Does Pocket Option Withdrawal Take in Nigeria?
On average, Pocket Option withdrawals in Nigeria take:
Crypto (USDT, BTC) – 30 minutes to 6 hours
E-wallets (Perfect Money, Skrill) – 1 to 2 business days
Bank cards – 3 to 5 business days
Local bank transfer (via processor) – 1 to 3 business days
To get your money fast, choose crypto or e-wallets, complete your KYC early, and avoid errors in withdrawal details.
Frequently Asked Questions
Can I withdraw Naira from Pocket Option directly?
No. Pocket Option withdrawals are in USD. You’ll need to use a service (like a payment processor or e-wallet) that converts USD to NGN.
Is there a withdrawal fee?
Pocket Option typically does not charge withdrawal fees, but network or provider fees may apply (especially with crypto).
What’s the minimum withdrawal amount?
The minimum is $10 for most methods.
Can I cancel a withdrawal?
Yes, but only if it hasn’t been processed yet. Go to your withdrawal history and select “Cancel” before approval.
Final Thoughts
Pocket Option is one of the more accessible trading platforms for Nigerians. With the right setup, you can withdraw your funds in less than an hour using crypto — or within a few days using other methods.
To avoid delays, be proactive: verify your account, choose fast methods, and stay alert to errors. Trading is risky, but withdrawing your profits shouldn’t be.
💥 Trade with Pocket Option now: Open An Account or Visit Brokers👈
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