Frequently Asked Questions

This is where all the action happens ?

Kyshi’s Marketplace is the most secure peer-to-peer currency exchange marketplace where buyers and sellers meet. All offers created appear here and anyone can accept or counter offers that they are interested in. 

Currently, you can swap USD and GBP for NGN and back on the Kyshi marketplace. 

To create an offer; 

- Log into your Kyshi app and select your sending and receiving currency on the home screen.

- Input your transaction amount and enter your desired exchange rate. 

- Cross-check your inputted values and approve your offer.

It’s super easy! With a funded wallet, here’s a step by step guide on how to accept an offer:

1. 1. Click on “Hot Offers” in the middle of the home screen, or “Offers” at the bottom.
2. 2. Select a suitable offer using the filter button at the top-right corner of your screen.
3. 3. Click your preferred offer, choose your send destination, and complete the transaction.

If you don’t find an offer that suits you, you can set an offer alert to get notified immediately someone creates a Swap offer at a rate that you want.

(Once you receive an offer alert, log in and accept the offer immediately, so you don’t lose it).

Accept an offer now.

Hard to believe right? But yeah, that’s the Kyshi magic. You call the shots on how much you are willing to exchange your funds. Just be considerate...lol.

As many offers as your wallet limit can take!

To find out what your wallet limit is, check for your current tier on the App.

Yes, the beneficiary of  the exchanged funds doesn’t have to be Kyshi to receive the money. Just provide their correct account details and let us do the rest.

If the creator of the offer allows it, yes, you can counter an already existing offer on the Marketplace. You can counter the rate or the transaction amount and wait for it to be accepted by the creator.

Yes, if your offer has not been accepted yet. 

Yes, there is an escrow. Kyshi guarantees that users will not be allowed to create or accept offers if their Wallet balance is not equal to the amount on the offer. Kyshi system would freeze the equivalent amount on the offer so the other party cannot redraw it from their Wallet. Kyshi will also disburse the funds to your desired recipient's bank account or Kyshi wallet.