Prestmit is a Nigeria-based web/mobile platform that allows users to cash out cryptocurrencies, top up betting accounts and carry out a range of other digital transactions.
In this review, we’ll take a deeper look at the services provided by Prestmit, what makes it stand out from competitors and whether you should use this platform.
What services does Prestmit provide?
Prestmit is an all-in-one central marketplace for various digital transactions. It offers a range of services, which primarily include:
- Crypto cashouts: Using Prestmit, you can sell various popular cryptocurrencies ranging from Bitcoin to USDT, and get paid in cash.
- Buy crypto: You can also buy popular cryptocurrencies directly through Prestmit.
- Gift card cashouts: Got a gift card for a store you’re unlikely to ever shop at? Prestmit will also buy this gift card off you and pay you cash.
- Buy gift cards: You can also buy gift cards for a range of stores via Prestmit.
- Top up betting accounts: You can top up betting accounts at various sites from one place using Prestmit.
- Buy/sell airtime: You can also buy airtime for your mobile phone through Prestmit, or sell airtime credits that you’re not going to use.
- Buy cheap data: Prestmit also sells discounted data for when you’re running low and need internet access.
- Other features: The platform also offers a few other niche services like buying eSIMs, paying electricity bills online and paying TV subscriptions.
Who is Prestmit aimed at?
Prestmit’s crypto cashout service makes it particularly useful for freelancers who get paid in crypto. While there are ways to spend cryptocurrencies online, you typically can’t use crypto for many everyday purchases like groceries – Prestmit allows you to turn your crypto into real money as if you were getting paid in a local currency.
If you’re into online betting, Prestmit is also a great platform for managing multiple accounts from one place. While you should of course use betting platforms responsibly, Prestmit can benefit those who want to take advantage of unique perks like free bets at different platforms.
Prestmit also allows users to make money and save money through its various other digital transaction services. If you’re looking for a new side hustle, buying discounted gift cards and selling them through Prestmit could be an option. Meanwhile, if you’re running low on cash and you’ve got some spare airtime, Prestmit is a great place to make a little extra money by selling your airtime.
The catch? Prestmit is currently only targeted at users in Nigeria and Ghana. When cashing out crypto, you only have the option to convert into Nigerian Naira or Ghanaian Cedis. Similarly, its betting site top up feature is geared towards African betting apps like Bet9ja and Nairabet. This is excellent if you’re a freelancer or sports better based in Nigeria or Ghana, but not if you’re a user from elsewhere in the world.
What makes Prestmit stand out?
There are many cryptocurrency exchanges out there that you can use to trade numerous cryptocurrencies, however many of these are peer-to-peer platforms that can be slow and carry fees.
Prestmit is different in that there are no transaction fees! Rather than having to wait for your crypto transaction to be manually approved, Prestmit also offers a fast automated service in which you receive your cash in minutes.
As a freelancer that gets most of their income paid in crypto, this could be hugely advantageous. It means that you’re not having to factor in fees every time you cash out your crypto, allowing you to enjoy your earnings in full. You also don’t have to wait around to receive your cash – this is hugely convenient for times when you may need to access your cash in a hurry, such as covering a surprise payment.
The breadth of other services offered by Prestmit also means that it’s more than just a crypto exchange. It provides all kinds of handy ways to earn and save money that you can explore from one place with the click of a button. The platform is very clean and easy to use – whether you’re using the site or the app. It’s not like some other digital marketplaces where it’s easy to get overwhelmed by technical terms and excess features.
Are there any drawbacks to using Prestmit?
As already stated, Prestmit only allows you to cash out in limited currencies – Naira and Cedi – so freelancers looking to cash out their crypto in other countries won’t find any use for this platform.
Prestmit is also not like other exchanges in which you have access to hundreds of cryptocurrencies. It focuses on the most popular cryptocurrencies such as Bitcoin, Litecoin and Dogecoin. These are the most likely cryptocurrencies to be paid in as a freelancer and are also great options for buying if you’re just getting into crypto ownership. However, those wanting to cash out more obscure cryptocurrencies or looking to dive deeper into the world of crypto trading may find Prestmit’s crypto services limited.
Should you give Prestmit a go?
If you are based in Nigeria or Ghana and have been looking for a crypto cashout service, Prestmit is highly recommended. Its speed and low cost make it one of the best options and are the reason that the platform currently has so many loyal users.
Prestmit is also worth trying if you want to cash out gift cards into Naira or Cedi, or if you want to top up betting accounts. Many individuals in Nigeria and Ghana will be able to find different uses for this platform as it’s not all about crypto.
Signing up to Prestmit is easy and free – you can visit the website to make an account, or download the app. Certain features like accessing e-sims don’t even require you to sign up. Try Prestmit for yourself and take a tour of some of the features. You’ll find detailed instructions on how to do everything from buying crypto to selling gift cards and you can trust that all transactions will be carried out securely.