Get our fun 5-minute roundup of happenings in African and global tech, directly in your inbox every weekday, hours before everyone else. This Brand Press post is for informational purpose only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence. About Brand Press: Brand Press enables brands to directly engage with our technology-focused audience. The content is created independently of Techpoint Africa’s editorial team.
Interested in reaching our dynamic readership? Connect with us at business@techpoint.africa This Brand Press post is for informational purpose only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence. Read all… For many Nigerians who use cryptocurrency, buying or receiving digital assets is no longer the difficult part. The friction often begins when they want to use those assets for something outside the crypto ecosystem.
You may have USDT or Bitcoin sitting in a wallet, but paying an electricity bill, buying data, or simply getting naira to spend can mean moving between wallets, exchanges, off-ramp services, and bank accounts. The fintech platform is built around the idea that utilising digital assets should feel much closer to using the money people already spend every day. It is a direction that reflects how cryptocurrency use is evolving in Nigeria.
The country ranked sixth globally in Chainalysis’ 2025 Global Crypto Adoption Index, while receiving more than $92 billion in on-chain value between July 2024 and June 2025. Beyond trading and speculation, digital assets are increasingly being used for savings, payments, and moving money across borders. For SpaceTrade, the opportunity is to bring more of those use cases together. SpaceTrade started by making it possible for users to sell cryptocurrencies and gift cards for naira.
Now, the company is expanding what users can do