Frequently asked questions

VersusTrade is a peer-to-peer (P2P) service for buying and selling crypto, and for selling gift cards, in Nigerian naira. You trade with the help of real people, through WhatsApp or the chat on our website.

P2P stands for peer to peer. Instead of trading against an automated exchange, you trade person to person, and a VersusTrade representative guides you through each trade in chat. You can ask questions at every step and get a real answer.

No. We are a P2P service, not an exchange with an order book or a trading screen to manage. You tell us what you want to buy or sell, we give you the rate, and a representative walks you through the trade.

The live prices you see on our site are a guide only. See why our rate can be different.

1. Open the chat on our website, or message us on WhatsApp.
2. Tell us whether you want to buy or sell, what, and how much.
3. Check the rate we give you.
4. Follow the steps and payment details given to you in the official VersusTrade chat.

You can buy and sell crypto, and sell gift cards. The coins and gift card brands we accept can change, so ask us in chat what is available today.

You can create a free account on our website. If anything else is needed for your trade, our team will tell you in chat before you go ahead.

Our rates are set by VersusTrade, and they can change because the crypto market and the naira both move. We show a buy rate and a sell rate per US dollar. Always check the rate before you trade.

Charts show a global price in US dollars. P2P rates are in naira and reflect local supply and demand, so they are not the same number.

The prices on our website come from a public market feed and are only indicative. For the rate you can actually trade at, check with us in chat.

Our rates and trades are in Nigerian naira (NGN). Our site also shows US dollar (USD) amounts so you can compare.

Payments are made by bank transfer in naira. Only use the payment details given to you in the official VersusTrade chat, and never pay to account details sent to you by someone in a private message. When you sell, we will tell you how you will be paid in the same chat.

We keep our rates clear. Ask in chat for the full breakdown of what you will pay or receive before you confirm, so there are no surprises.

It depends on the coin’s network, your bank, and how busy things are. A representative will give you an estimate in chat, and you can ask for an update there at any time.

Yes. Prices can move fast, and you can lose some or all of your money. Only use money you can afford to lose. Nothing on this site is financial advice. Please read our Security.

Start from the chat and WhatsApp buttons on our website. Be careful with anyone who messages you first, says they are from VersusTrade, and asks you to send money or share codes.

Never share your password, one-time codes (OTPs), or your wallet’s seed phrase or private key, even with someone who says they work for us. A genuine representative will never ask for them.

Crypto transfers cannot be reversed, so check the address and the network twice before you send. For a large amount, send a small test first. If you have made a mistake, message us in chat straight away with your transaction ID.

Our guide on sending USDT to someone explains networks step by step.

• Promises of guaranteed profits or “double your money” offers.
• Pressure to hurry or to keep the deal secret.
• Requests for your password, codes or seed phrase.
• Fake support accounts or payment details sent in private messages.

Ask our assistant on the website for instant answers, or talk to a representative in chat or on WhatsApp. You can also visit our Support page.

Yes, that is what the chat is for. Ask as much as you like before you decide.

No. We help you carry out trades, but we do not tell you what to buy or sell, and nothing on this site is financial advice.

Our blog has plain-language guides, such as Bitcoin vs Ethereum and how to send USDT to someone without buying crypto first.