According to RemitRoutes data (updated 3h ago), the cheapest way to send 1,000 USD to Nigeria is Luno at -2.29% total cost. Crypto rails at -2.29% are 1.14 percentage points cheaper than the cheapest traditional option at -1.15%.
Sending $1,000 USD. Rates measured 3h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Luno | Crypto | 1,362,313.83 NGN | -2.29% (crypto premium) | ~1 second |
| WorldRemit | Traditional | 1,347,119 NGN | -1.15% | 1-2 business days |
| Wise | Traditional | 1,343,879.72 NGN | -0.91% | ~8 hours |
| Western Union | Traditional | 1,341,192 NGN | -0.70% | 1 business day |
| Remitly | Traditional | 1,339,820 NGN | -0.60% | Minutes |
| Xoom | Traditional | 1,326,714.3 NGN | 0.38% | Unknown |
| Instarem | Traditional | 1,322,992.22 NGN | 0.66% | Unknown |
How this corridor's all-in cost has moved — measured corridor fee history from 89 daily snapshots. A negative cost means the recipient gets more than the mid-market amount.
| Rail | Latest | 90-day median | Best | Worst |
|---|---|---|---|---|
| Crypto / stablecoin | -2.35% | -2.56% | -3.87% | -0.06% |
| Traditional | 0.25% | 0.27% | 0.00% | 1.22% |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full USD → NGN cost data
In Q3 2026, crypto rails delivered 1.18% above mid-market on average versus 1.76% all-in for traditional providers across 462 corridors — crypto was cheaper at or below mid-market in 41.8% of corridors and delivered above mid-market via P2P premium routes in a further 56.1%.
→ Cross-Border Cost Index — Q3 2026Paying a $1,000 contractor costs a median 1.16% all-in with the typical provider across 30 countries; the cheapest at-or-below-mid-market option averages 0.51%.
→ Global Contractor Payout Costs