The Lagos app puts the amount on screen first, whether you are cashing out to any Nigerian bank or buying crypto with naira, in a market where many people still deal with strangers.
For many Nigerians, turning crypto into naira has meant dealing with a stranger. Peer-to-peer trading asks the seller to agree a rate in a chat, send the coins, and wait for a bank alert that may or may not come. When something goes wrong, there is often nobody to call.
That gap widened in 2024, when Binance stopped naira trading on its platform and many users had to look for other ways to cash out.
Yesa (https://yesaapp.ng), a mobile app operated by Lagos-based Yesatrix Technologies Limited, a company registered with the Corporate Affairs Commission (RC 9897554), takes a different approach. The user sends crypto to their own Yesa wallet, sees the exact naira amount on screen, and only then confirms the sale. The naira lands in their Yesa balance and can be withdrawn to any Nigerian bank account.
“The first question every seller asks is simple: how much will I get? We answer it before anything moves. The amount on your screen is the amount you receive,” a Yesa spokesperson said.
Measured, not promised
Speed is the other part of the pitch, and the company says it measures it rather than claims it. Across 1,700 payouts, the median time for naira to reach a customer’s bank account was 4.7 seconds, and 78.8 per cent of payouts landed in under ten seconds.
The app supports USDT, Bitcoin, Ethereum, Solana, BNB, USDC, Litecoin, TRON and Dogecoin. Yesa charges zero fees to sell crypto, to buy it, and to sell gift cards.
Buying works the same way
The same rule applies in the other direction. A customer who wants crypto types the naira amount, and the app shows how much of the coin it buys before they confirm, with no fee added on top. They can pay from the naira already in their Yesa balance, or by bank transfer, and the coin lands in their own Yesa wallet.
USDT, Bitcoin, Ethereum, Solana, BNB, USDC, Litecoin, TRON and Dogecoin can all be bought with naira.
“People who buy crypto in Nigeria have been asked to trust a stranger’s account number and wait,” the spokesperson added. “On Yesa you see what you are getting first, and you pay Yesa, not a person.”
Users can also sell gift cards and pay for airtime, data, TV and electricity from the same balance.
Built around trust
Yesa says its staff will never ask a customer for a password, PIN or one-time code, or ask them to send money or crypto to anyone. If a customer loses their phone, they log in on a new one and their coins are still there.
Yesa has more than 15,000 active users. The Yesa app is available on Google Play (https://play.google.com/store/apps/details?id=com.app.yesa) and the App Store
(https://apps.apple.com/ng/app/yesa-gift-cards-bills/id6749385545).
For more information, visit https://yesaapp.ng or contact [email protected].
UPDATE NEWS:
Nigerians can now invest ₦2.5 million on premium domains and profit about ₦17-₦25 million. All earnings paid in US Dollars. Rather than wonder, click here to find out how it works.