Two ways to turn crypto or gift cards into naira. Here is what each one states, the differences that matter, and who each suits.
Spenda's column is what its own site says, checked 24 September 2026. Yesa's column is what Yesa publishes.
| Spenda (per its site) | Yesa | |
|---|---|---|
| What it is | Converts your deposit to naira automatically, pays your bank in seconds, and lets you spend with a virtual card, per its site | Sell or buy crypto and sell gift cards for naira, with bills and airtime from the same balance |
| Sell crypto for naira | Yes: automated crypto-to-naira conversion on deposit, then an instant bank transfer, as stated on its site | Yes, at the rate on screen before you send |
| Buy crypto with naira | Not published on its site | Yes, ten coins, from a Yesa balance or by bank transfer |
| Swap between coins | Not published on its site | Yes |
| Gift cards | Not published on its site | Yes, sold for naira |
| Bills and airtime | Airtime and data, per its site | Airtime, data, TV and electricity |
| Fee on a sale | Not published on its site | Zero sell fees on crypto and gift cards |
| Rate shown before you commit | Converts on arrival at what it calls competitive exchange rates | On screen before you send or confirm |
| Payout to a Nigerian bank | Instant bank transfers that arrive in seconds, stated on its site; not published measurements | Median 4.7 seconds across 1,700 measured payouts; historical, not a guarantee |
| Markets | Nigeria, per its site | Nigeria |
| Apps | Android and iOS | Android and iPhone |
| Store listing | Google Play 100K+ downloads, 4.5 from 7.25K reviews | Google Play 4.7 from 64 reviews |
What Spenda offers, as it describes it, beside how Yesa handles the same thing.
| Spenda (per its site) | Yesa | |
|---|---|---|
| 1 | Converts on arrival, then a bank transfer it describes as instant; no figure to approve first. | The naira figure is on screen first; you decide when to sell. |
| 2 | Fees and supported networks not published on its website when we checked. | Zero sell fees, published, with every supported network listed on your deposit screen. |
| 3 | Airtime, data and a virtual card; buying crypto and selling gift cards not listed. | Buying crypto, selling gift cards, and airtime, data, TV and electricity from one balance. |
Spenda: you want hands-off conversion and a card to spend from.
Yesa: you want to approve the naira figure first, zero sell fees, and buying, gift cards and bills from one balance.
Android or iPhone. Your naira balance, deposit addresses and gift-card screen are ready as soon as you are in.
Pick the coin or the card. The naira figure is on screen before you send anything.
Sell at the figure shown and withdraw to any Nigerian bank. Or keep the naira and buy crypto, airtime or bills from the same balance.
It depends on what you value. The differences are laid out above, each with the Yesa side beside it. Yesa is built around the rate on screen first, zero sell fees, and buying and selling in one app. Pick by the one thing that matters most to you.
Yesa charges zero sell fees on crypto and gift cards. Spenda: we could not find a published fee schedule on its website; the app may show one at the point of sale.
Yesa publishes a measured median of 4.7 seconds across 1,700 bank payouts, historical rather than guaranteed. Spenda: Instant bank transfers that arrive in seconds, stated on its site; not published measurements.
Yes. Nothing stops you holding both apps and choosing per transaction. Many people check the naira figure in two apps before a large sale.
Yes. Buying, holding and selling cryptocurrency is legal for individuals in Nigeria. Digital assets are recognised under the Investments and Securities Act 2025, and the Securities and Exchange Commission regulates digital asset services. Crypto is not legal tender, and profits from trading may be taxable, so keep your own records of what you buy and sell. This is general information rather than legal or tax advice; the Securities and Exchange Commission and the Central Bank of Nigeria publish the current position.
The Yesa Team. Details checked 24 September 2026. Yesa publishes this page and benefits if you choose Yesa. Facts about other platforms come from their own websites and store listings on the date shown; we state what each one publishes and say what we could not find. If you spot an error, email support@yesaapp.ng and we will correct it.