Busha 소개
Busha is a Nigerian digital asset application licensed by the Nigerian SEC, serving individuals and merchants with buying, selling and conversion of bitcoin, ether, USDT and more than 70 other assets. It solves the difficulty of getting local currency into crypto compliantly: the platform issues named accounts for instant local funding and credits bank accounts or mobile wallets directly on sale, assets are quoted in naira and Kenyan shilling, and limit orders plus automated recurring buys are supported; savings products accrue interest daily and collateralised lending runs through licensed financial institutions, so users access liquidity without selling their holdings.
It also offers USD accounts, virtual and physical debit cards, and airtime and bill payments, connecting crypto balances to everyday spending. The division of labour against international exchanges such as Binance and Bybit is that Busha works the local fiat rails and regulatory perimeter, so coverage concentrates on Nigeria and Kenya and fiat on-ramps in other currencies are not available.
On August 3, 2026, Busha launched Signal, a prediction market licensed by the Lagos State Lottery and Gaming Authority, letting users fund positions directly from their Busha wallet in naira, stablecoins or other crypto assets across sports, crypto, politics, culture and economics.
Over the previous six months Busha introduced Busha 3.0, an all-in-one money app with high-yield savings, and Busha Business, which offers stablecoin-powered cross-border payments and APIs, with stablecoin-backed virtual Visa cards to follow; the company holds a Nigerian SEC digital asset licence and operates in Nigeria and Kenya.
Busha connects savings, payments, cross-border transfers and prediction markets into one account, expands across Africa behind licensed products, and uses business payment infrastructure to capture stablecoin volume.
Michael Adeyeri — Co-founder & CEO; founded Busha in Lagos in 2019 and led it to become Nigeria's first SEC-licensed digital asset platform.
Moyosore Sodipo — Co-founder & COO; oversees operations and product.
Kayode Badewa — CTO; responsible for trading and wallet system architecture.
Adeoye Ojo — Co-founder; involved in early product and compliance build-out.
Olaoluwa Samuel-Biyi — Co-founder; leads growth and ecosystem partnerships.
Babafemi Lawal — Co-founder; involved in early technical and business development.
Busha charges NGN 150 for naira deposits and NGN 107.50 for naira withdrawals, 7.5% VAT included, plus a 1% margin on deposit volume in Kenya and KES 330 for Kenyan withdrawals.
Busha charges fixed per-network crypto withdrawal fees: 0.00005 BTC for Bitcoin, 0.0005 ETH for Ethereum and Base, 3 USDT each on TRC20 and ERC20, 1 USDT on BEP20, and 3 USDC on ERC20.
In August 2024, Busha Digital was approved as a digital assets exchange by Nigeria's Securities and Exchange Commission (SEC) under the Accelerated Regulatory Incubation Program， becoming one of Nigeria's first licensed virtual asset service providers (VASPs) for crypto trading and custody.