Busha, one of Nigeria’s leading digital asset exchanges, launches Busha Spend.
Busha Spend makes it easy for customers to pay for basic utilities such as airtime, mobile data, and now shopping vouchers without selling their digital assets and will get cash back for every transaction. With the introduction of shopping vouchers, new and existing users can buy vouchers redeemable at their favourite stores—such as Jumia, Spar, Justrite etc—using their crypto or Naira wallets. Important to note that non-crypto holders can benefit from this using their Naira wallet.
- Users can now also buy airtime and data with the main telecommunication service providers (Airtel, MTN, Globacom, 9mobile) for themselves or for others.
- But that’s not the only good news.
- This Black Friday, Busha is offering 10% cashback on vouchers to a maximum of N10,000 per voucher purchase. That means users get N10,000 off a N100,000 Spar voucher, for example.
Busha launched in 2019 with a mission to onboard millions of Africans into the booming crypto economy, enabling further financial opportunities and diversity.
The company raised seed funding of $4.2 million in 2021, which will help it continue its mission of onboarding more Africans into the crypto economy. This is an important step in increasing financial inclusion and opportunity for millions of people across Africa. This latest feature release comes just after the company’s recent launch of Busha Yield, which allows you to get up to 7.5% annual percentage yield on their investment in dollar stablecoins, such as USDC.
But this is just the beginning in a line of relatable features that Busha plans to unveil.
- Download the Busha app here and get started on iOS or Android.