The Big “5”
Busha is a one-stop shop for all things cryptocurrency in Nigeria. Comprising of 5 components: Buy, Sell, Send, Receive and Swap, the platform gives you the freedom to do a whole lot more than just buying and selling cryptocurrency.
Busha currently supports 5 cryptocurrencies (and one Naira wallet), 3 of which are active on the Busha platform, with more cryptocurrencies being added with time, giving you more options.
Before you are able to make transactions on the Busha platform, you must fund your Naira wallet (You do need funds to make trades after all). You can use the “Deposit” function in the Naira wallet for this purpose. After funding your Naira wallet, you can then purchase your choice of cryptocurrency using any of these 5 methods.
What do these 5 components truly mean?
BUY: This allows you to purchase any of the available cryptocurrencies instantly using your Naira account as a payment means. Enter either the amount of cryptocurrency you want or the amount in Naira you are willing to spend and get the equivalent in cryptocurrency deposited into your account instantly.
SELL: Sell your cryptocurrency for cash instantly. Select the cryptocurrency you want to sell and the amount you are willing to sell. The amount you will receive in Naira will be displayed. Confirm all details are correct and proceed.
SEND: Carried out an offline transaction and payment type is cryptocurrency? Or want to gift it to a loved one? Busha.co allows you to send cryptocurrency to a third-party wallet address. Simply ensure you have the correct wallet address as any cryptocurrency sent to the wrong address will be lost forever and Busha will not be held accountable. So double-check your sending address before sending.
RECEIVE: Receive cryptocurrency from a third-party by simply sending them your correct crypto wallet address. Ensure they have the correct wallet address as cryptocurrency sent to the wrong address will be lost forever and Busha cannot be held accountable.
SWAP: This is a unique feature that allows you to exchange one cryptocurrency for another within your account. If you have more of one cryptocurrency than another and want to swap without paying cash, you can use this feature to achieve this. For example if you have 1BTC but require more ETH, you can use the swap feature to swap some of your BTC for ETH. No external payment required. No cash needed. 100% safe.
The Busha platform is easy to use and secure. Transactions are done swiftly and payments are instant. Android and Apple users can also download the app from the Google Play Store and Apple Store respectively.
