If you’re a Nigerian, you must have searched “How to double your money with crypto” online at least once. The reason is obvious: the naira is in a constant state of depreciation, as witnessed with its 40.9% depreciation at the end of 2024. Bitcoin, on the other hand, is on an upward trajectory, achieving an average annualised return of 55.1% in 2024 and surpassing $100k in January 2025. 

The contrasting performance of both currencies suggests you were right to consider innovative ways to earn Bitcoins and double your income. The answer to your search is in this piece. Read on. 

How to double your money with crypto for free

If you’re looking to double your income for free, Crane can help you achieve that through Auto-Convert. 

Auto-Convert on Crane lets you take advantage of high market value for maximum profit. It works by setting up the future rate to convert crypto to naira. For instance, if you have $300 BTC when its value was ₦1,535/$ on Crane, you may decide to auto-convert to naira when it reaches ₦2,000/$. By converting BTC to naira when its value is higher, you’ll get more returns for your money without doing anything! 

Auto-Convert isn’t an investment scheme. It also doesn’t require market watching—your conversions will be done automatically. That’s why it’s perfect for anyone who earns in crypto (or is looking to do so). 

How to use Auto-Convert to double your money with crypto on Crane

• Click on Auto-Convert on Crane’s homepage.

• Click on Create New on the Auto-Convert page.

• Select the digital asset you want to convert. The ”when” form is the time you prefer to convert your digital asset to naira. You have two options from the dropdown:
  
  Auto-Convert above current rate: This option allows you to convert your digital asset to naira at a rate above its current market value. It helps you maximise your earnings. 
  
  Auto-Convert below current rate: This setting enables you to convert crypto to naira at a rate below the current market price. It works best if you want to avoid losing money below a set margin. 
  
• Enter your preferred rate amount for the crypto-to-naira conversion. The rate and conditions you set directly impact your profit. For example, if you select “Auto-Convert above current rate” at ₦1700/$, you’ll receive your cash once the digital asset value rises above the rate you set. 

• Choose the volume to convert to naira and create your order. 

Benefits of using Auto-Convert to double your crypto money

1. Insulation from market instability

The crypto market is a high-risk, high-reward game. Auto-Convert, however, protects your income value from market uncertainties by helping you choose when to turn your digital assets into naira. If the market is unfavourable, you can choose to keep your funds till digital asset prices increase. 

2. Made for newbies and veteran crypto users alike

Cryptocurrency is often perceived as too complex to understand compared to traditional financial tools and apps, making it difficult for beginners to use blockchain products. But that’s not the case with Auto-Convert on Crane. 

Auto-Convert was built for everyone, newbies and established professional crypto users alike. The process is straightforward (you don’t need to be a crypto market guru to set Auto-Convert). And it takes less than 10 minutes to configure on the Crane app. 

3. Increase your earning potential

No one likes to lose their hard-earned money. Auto-Convert helps you increase your earnings by waiting for favourable predefined market conditions to trigger crypto-to-naira conversions.

FAQs about how to double your money with crypto

1. Is Auto-Convert an investment feature? 

No, Auto-Convert on Crane isn’t an investment feature. However, you can use it to increase your earnings by choosing to automatically flip your digital asset to naira when market conditions are favourable.

2. Which BTC app is working in Nigeria? 

Crane is an off-ramp crypto app for receiving BTC in Nigeria. Crane also provides Auto-Convert, which lets you choose when to convert digital assets, such as BTC, to naira. 

3. Can I buy BTC on Crane? 

Crane is only used to receive BTC (and other cryptocurrencies) and convert them to local currencies.

4. How can I know when BTC prices are high?

You can use Crane’s Crypto Alert system to get real-time notifications about the price and rate of digital assets, including BTC.

To configure Crypto Alert, follow the steps below:

• Go to the Crane app and select “Crypto Alert on the homepage.
• Click Create New.
• Select “Price alert” if you want instant notifications on crypto prices, or choose “Rate alert” if you want notifications about the conversion rate.
• Select the digital asset you want to monitor.
• Select when you want to be alerted when the price/rate goes up or down. Select “Proceed.”
• Select the price/rate you want to monitor. Click “Add alert.”