What is Spenda?
Spenda is a crypto spending app that makes it easier to use crypto in everyday life.
FAQs
Spenda Africa Frequently Asked Questions
Questions
Spenda is a crypto spending app that makes it easier to use crypto in everyday life.
Spenda Africa Frequently Asked Questions
How does Spenda work?
Deposit supported crypto and it auto-converts to Naira. Pay bills, transfer funds, or spend with your USD virtual card.
What can I do with Spenda?
- Convert crypto to Naira
- Pay bills
- Transfer to Nigerian bank accounts
- Use a USD virtual card
- Send stablecoin from your Naira balance
Does Spenda offer card services?
Yes, a premium USD virtual card for online payments and subscriptions.
How do I fund my Spenda card?
Via Naira wallet, or crypto directly (tap Cards, then Fund).
Is Spenda secure?
Yes, with security measures to protect your funds and data.
Is there a minimum or max crypto deposit?
No minimum or maximum.
Can I verify multiple accounts?
No, KYC links to one Spenda account only.
Does Spenda accept every crypto token?
No, only tokens and networks shown on the Deposit page. Others will not be credited.
Can I deposit an unlisted token on a supported network?
No, both token and network must be listed. Unsure? Ask Support first.
Can someone else do a Naira deposit for me?
No, only bank transfers from your own account with same name. Third party deposits aren't accepted.
Does my wallet address change?
No, it's fixed.
Where's my wallet address?
Tap Deposit on the homepage, then select the crypto and network.
Can I store crypto on Spenda?
No, it converts to Naira automatically.
Referrals & Bonuses
When you share your referral code with a friend and they sign up, they get a ₦1,000 welcome bonus after their first deposit of $10 and above. You, as the referrer earn 20% of their deposit fees — not just once, but every single time they deposit.