When you hear Busha, a crypto exchange focused on emerging markets with peer-to-peer trading and local payment options. Also known as Busha Nigeria, it's a platform built for users who need to buy and sell crypto using bank transfers, mobile money, and cash deposits. Unlike big U.S.-based exchanges, Busha doesn’t rely on credit cards or wire transfers—it connects traders directly with local payment systems. That makes it useful in places where traditional banking won’t touch crypto.
But here’s the catch: Busha isn’t regulated like Coinbase or Kraken. It’s a decentralized exchange, a platform where users trade directly without a central authority holding their funds. Also known as non-custodial trading platform, it gives you control—but also full responsibility. If something goes wrong, there’s no customer support hotline that can reverse a mistake. You’re dealing with local payment processors, volatile liquidity, and sometimes unverified counterparties. That’s why users who’ve tried Busha often compare it to other crypto platforms, digital marketplaces where users trade cryptocurrencies, often with limited regulation. Also known as emerging market crypto hubs, they fill a gap but come with high risk. Think of it like buying crypto from a local vendor at a market—convenient, fast, but you better know who you’re dealing with.
The posts below cover real user experiences with Busha and similar platforms. You’ll find breakdowns of how it stacks up against Zedcex, Hydax, and ioBanker—platforms that also serve regions with limited banking access. Some articles dig into how people bypass banking restrictions using P2P tools, while others warn about low-liquidity tokens traded on these exchanges. You’ll also see how projects like Steakd, LaserEyes, and BabyBUILDon get listed on smaller platforms like Busha, often with little oversight. These aren’t just reviews—they’re warnings, comparisons, and survival guides for trading in the gray zones of crypto.
Nigeria doesn't ban crypto exchanges outright - it requires them to be licensed. Only Quidax and Busha are officially approved. Binance and others are restricted, not banned. Here's what you need to know in 2025.