Review of Prestmit: The Best African App For Cashing In Gift Cards And Crypto?

In today's digital world, there are many cash alternatives to explore ranging from crypto to gift cards. These alternative forms of payment certainly have their benefits – cryptocurrencies are an excellent tool for international online trade, while gift cards are a personalized alternative to gifting someone money. But what if you just want to pay in regular cash?

Amazon gift cards and Bitcoin are no use if you just want to buy groceries at your local store. And yet an increasing number of freelancers are being paid in crypto and gift cards. Finding a service that allows you to cash out your gift cards and crypto is hugely convenient in these cases. This is where an app like Prestmit comes in.

It's one of the most popular African apps for crypto and gift card cashouts – currently used by almost a million people through Nigeria and Ghana. But is it the best app of its kind? In this review, we'll take a look at some of the benefits and drawbacks of Prestmit to assess whether it's worthwhile signing up.

A fast and secure exchange alternative

Prestmit is not like regular peer-to-peer crypto exchanges where you're trading with other users. It works more like a store in which you solely buy and sell through Prestmit.

This has the advantage of being more secure – instead of trading with some anonymous user, you're going through a trusted company, allowing you to more easily get your money back if something goes wrong. 

Prestmit also makes cashing out cryptocurrencies and gift cards a fast process. Rather than having to wait to get your transaction manually approved, Prestmit automatically puts cash in your account within minutes. This is useful if you need to cash out some crypto in a hurry.

The app where transactions are FREE

Many apps charge a fee for cashing out crypto or gift cards. This means that you're ultimately left with less money after the transaction. For those who receive most of their earnings in crypto, this can even mean giving up a portion of your regular income to pay for transaction fees. 

Prestmit doesn't charge transaction fees when cashing out crypto, which has made it a popular option for freelancers who want to convert their earnings into cash. Similarly, you can cash out gift cards without having to pay a fee.

A clean and user-friendly interface

One thing you'll immediately notice when using Prestmit is that it's very simple and uncluttered. It's made for everyday people – not hardcore traders – so you don't have all the complex buttons and tabs that you'll find on other exchanges.

Prestmit also doesn't use overly technical jargon and provides easy-to-follow instructions for cashing out crypto or selling gift cards. If you're not very technically savvy, you'll be able to still easily navigate Prestmit and get to grips with it.

You can use the Prestmit mobile app or you can visit the Prestmit website. Both have similarly straightforward layouts and signing up to each platform is easy and free. 

Trusted by users

It's always important to factor in the reputation of an app – especially if you're making transactions through this app. Prestmit currently has hundreds of reviews on Google and they are predominantly positive. Common praises include the app's speed and quality of customer service.

Some cashout services don't quite have the same positive feedback with some users finding it hard to resolve issues. But Prestmit seems to genuinely care about helping its users and is highly trusted as a result.

Limited to Naira and Cedi cashouts

Prestmit is designed for users in Nigeria and Ghana. While you can access it from other countries, you can only cash out crypto and gift cards in Nigerian Naira and Ghanaian Cedi.

If you are from Nigeria and Ghana, then this is an excellent app that will cater to your needs. But if you're looking for an app to convert crypto into Euros or US dollars (or an African currency that isn't Naira or Cedi), you'll need to look for another platform.

Includes other digital transaction services

It's worth noting that while crypto and gift card cashouts are the main service provided by Prestmit, this app also offers a range of other services. Some of these additional services include:

• Buying crypto: As well as cashing out crypto, you can also buy several cryptocurrencies directly via Prestmit. 
• Buying gift cards: You can also shop for a range of gift cards for a variety of stores and brands using Prestmit.
• Buying/selling airtime: You can buy airtime for your cell phone on Prestmit, or sell unused airtime for some extra cash.
• Buying cheap data: The app also offers the option to buy data at discounted prices. 
• Topping up betting accounts: If you use betting sites, you can top up your accounts from Prestmit. 
• Paying bills: You also have the option to pay electricity or TV cable bills directly from Prestmit.

All these features could be pretty useful and help set Prestmit apart from conventional crypto exchanges or gift card cashout sites. As with the site's cashout services, these features are catered to users in Ghana and Nigeria, with a focus on African betting sites and African bill providers.

The verdict: is Prestmit the best African app for cashing in gift cards and crypto?
Prestmit's greatest perks are its fee-free transactions and speedy cashout service. When cashing out crypto at regular exchanges, you won't get cash in your bank as quickly, and you'll likely have to pay fees. As for other gift card cashout services, these typically charge you fees too.

Prestmit is limited to users in Nigeria and Ghana, so if you're trying to cash out crypto or gift cards from another African country, you'll have to look into other options. For Nigerians and Ghanaians, it's an excellent local platform that is very easy to use.

To start using Prestmit today, download the app from any major app store and create a free account. Alternatively, you can access Prestmit via its website and sign up here.