BUSD is one of the many stable coins in the cryptocurrency market, just like most cryptocurrencies, you can convert your BUSD to Naira at the appropriate local exchange platform that operates within Nigeria. The cryptocurrency ban by the Central of Nigeria has restricted international cryptocurrency exchange platforms to operate with Nigeria’s commercial bank, so you can either use a local exchange platform like Dart Africa; the leading cryptocurrency exchange platform in Africa. There are lots of cryptocurrency exchange platforms in the Nigeria crypto marketplace, however, not using our platform won’t do justice to your bank account. We offer the best exchange rate for your BUSD and other tradable cryptocurrencies on our platform, our customers always get the best value for their cryptocurrency.
Dart Africa; Best Platform to trade Crypto Currency
Dart Africa is a trusted cryptocurrency exchange platform, we operate within Nigeria and Ghana. Lots of cryptocurrency traders trust us to convert their cryptocurrency to cash, and we have successfully delivered on this for the past few years, with more than 15,000 trades executed. We are known for our fantastic exchange rate for cryptocurrency trades and fast payment. With a focus on customers’ ease and ultra-fast payment time, we stand out from other buyers of cryptocurrencies in the crypto exchange market.
We offer one of the best rates for cryptocurrency trade in the local crypto exchange market. The current exchange rate for BUSD according to our coin calculator is NGN585/$, the rate is subjected to change as the cryptocurrency market is volatile, use our coin calculator to check rates at the time of the trade.
Apart from our top-notch rates, our trading system is a fully automated one, hence, customers receive payment for their cryptocurrency trade immediately after the transaction is confirmed. Nobody wants to send their crypto asset and have to wait for hours before receiving payment, this is why we disburse funds within minutes of confirming the cryptocurrency transaction. Dart Africa has proven to be a fast and reliable crypto exchange platform.
Our service is accessible through our official website (dartafrica.io) and mobile app. The mobile app is available on the Google Play Store, simply search for the name “Dart Africa”. Both platforms are designed with great user interface and user experience design practice, you can easily navigate the website and mobile app to trade your crypto coin within a few clicks or taps.
Cryptocurrencies traded on Dart Africa:
- USD Coin
- USDT Tether
How to convert your BUSD on Dart Africa
- Log in to your account with your credentials or create an account if you don’t have one.
- Click on the toolbar icon ( three straight vertical lines on the top left corner). You will see this on your account dashboard.
- Click on Sell Coins.
- Select BUSD as the cryptocurrency you want to sell in the coin column.
- Enter the volume of the BUSD you want to sell, and the corresponding USD and Naira amount will be displayed in columns. Note: the minimum dollar price of BTC or any cryptocurrency you can sell is $20.
- Click on sell coins now.
- A wallet address will be provided coupled with a QR code. You can send the crypto amount you selected from the step above by manually inputting the address or by scanning the QR code. Your Dart Africa wallet will be credited immediately after the crypto transaction is confirmed.
The BUSD stablecoin was founded by Paxos and Binance in an effort to create a cryptocurrency that would be backed by the US dollar. A key attribute of BUSD is that one unit of BUSD is equivalent to one US dollar. To support this value, Paxos holds an amount of US dollars that is equal to the total supply of BUSD. Therefore, the price of the stablecoin fluctuates directly with the price of USD. BUSD provides a monthly audited report of reserves in compliance with stringent regulatory standards to ensure the security and safety of user assets.