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Crypto Rates on Prestmit: What Determines Them & How to Check

This article entails why crypto rates change on Prestmit, how the payout rate is determined, and how to check the live rate in the app.

Crypto rates on Prestmit are driven by the global cryptocurrency market. As the USD value of a coin rises or falls on international exchanges, the Naira, Cedis or USD payout you receive adjusts accordingly.

Prestmit applies a single exchange rate to all sell crypto transactions at every given moment, regardless of the transaction amount.

How to check the current rate

  1. Tap "Crypto " on the home screen, then tap "Sell Crypto"

  2. Select the coin you want to sell (e.g. Bitcoin, USDT, ETH).

  3. The current sell rate is displayed on the wallet page.

Please Note: Rates are live and are updated continuously with the market. The rate applied to your payout is the one in effect at the moment your blockchain transaction is confirmed, not the rate shown when you first checked.

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