Busha vs Roqqu: which should you use in Nigeria?

Roqqu charges a flat 2% to buy, sell or swap crypto and Busha publishes no trading fee at all, so Roqqu is the only one of the two whose price you can work out before you trade. Busha is the cheaper one on the small stuff: ₦150 to fund, ₦107.50 to withdraw. Daya Coins charges nothing on your side.

Daya Coins charges no buy fee, no sell fee, no withdrawal fee and no network fee on your side, against Roqqu's flat 2% on every buy, sell and swap. Daya makes its money on the spread built into the rate instead, which is also where Busha's cost sits, so the comparison that actually settles this is the naira you'd get back.

Every figure below came off Busha's and Roqqu's own pages on 21 October 2026. Stablecoins in Nigeria: how to buy and sell USDT and USDC is the wider guide if you're new to any of this.

What does it cost to buy crypto on Busha and Roqqu?

Roqqu's fees page states a flat 2% "to buy, sell and swap" crypto. Busha states no trading fee anywhere on its own property: its developer documentation lists naira and network fees only, and its help centre articles on buying and selling give minimums without a fee attached.

That doesn't make Roqqu cheaper. It does make Roqqu checkable. On ₦1,000,000 of USDT, Roqqu's 2% is ₦20,000 you can calculate before you tap buy. Busha's cost on the same purchase is whatever sits inside the price it quotes you, and the ₦150 deposit and ₦107.50 withdrawal it does publish come to ₦257.50 of it.

So the published naira fees decide almost nothing on this pair. On a million naira, one per cent of difference between two apps' quoted rates is worth ₦10,000, which is forty times the fees Busha prints. Quote the same purchase in both apps within a minute of each other and compare the number of coins you end up with.

What does it cost to move naira in and out?

Busha publishes both figures: ₦150 to deposit naira and ₦107.50 to withdraw, including 7.5% VAT. Roqqu's fees page puts fiat deposit and fiat withdrawal at $0, stated in dollars with no naira figure anywhere on the page. On moving money in and out, Roqqu is free and Busha is not.

The amounts are small enough that they shouldn't decide anything on their own. ₦257.50 for a round trip on Busha is nothing next to a 2% trading fee or a one per cent difference in the rate. It matters if you're moving naira in and out several times a week, and it's worth almost nothing to somebody buying once a month.

Which one publishes its trading fee?

Roqqu does, and that's the clearest difference between them. A flat 2% on buys, sells and swaps is a number you can run on any amount before you commit. Busha prints every naira and network fee it charges and no trading fee, which is the one that costs an active trader most.

Each one publishes the half the other leaves out, and it's worth seeing laid out:

• Roqqu publishes the trading price and gives no naira figures at all.
• Busha publishes the naira and per-network figures precisely, and no trading price.
• Both leave the rest of the cost inside the rate you're quoted.

An unpublished trading fee isn't quite a hidden fee. It's a cost you can only find by quoting a trade and doing the arithmetic yourself. Busha's own help centre has an article titled "I bought crypto worth a certain amount but the Fiat (NGN/KES) value changed afterwards. Why?", which is the question that kind of pricing produces.

What's the minimum you can buy on Busha and Roqqu?

Busha's minimum is ₦250, for both buying and selling, stated in its help centre. Roqqu publishes no minimum on its fees page or its homepage. ₦250 is low enough that it isn't really a constraint for anybody, so the minimum is the least useful line in this comparison.

Both Busha articles carry a 2021 date next to the author rather than a last-updated stamp, so ₦250 is a long-standing figure rather than a recently reviewed one.

Is Busha licensed by the SEC, and is Roqqu?

Busha's own homepage calls it "the simplest, safest, SEC-licensed cryptocurrency exchange". The SEC's register of fintech operators lists Busha Digital Limited under the Accelerated Regulatory Incubation Programme, with the function "Digital Assets Exchange". The SEC says an approval-in-principle under that programme "is not a final licence and remains conditional on the entity's continued compliance".

Both of those statements are on the public record and they don't say quite the same thing. Admission to ARIP is a real regulatory status, and it's further than most crypto apps serving Nigerians have got. It isn't a licence in the sense the word usually carries, and the SEC is the one drawing that line.

Roqqu is not named on the SEC's register, under either ARIP or Regulatory Incubation, and it is not named in the SEC's circular of 2 July 2026 admitting seven more firms. Roqqu makes no licence claim about itself on its own site either. Absence from a register isn't a finding about how a company behaves, so take it for what it is: one fewer thing you can check.

Is crypto legal in Nigeria? sets out what the register covers, and flags that the page still carries a publication date of 25 May 2025, which is why it's worth checking the SEC's circulars as well as the register.

Where does Daya Coins fit?

Daya Coins is the option for somebody who doesn't want to work out a trading fee first. You buy from your own Daya naira account, with no peer-to-peer step and no minimum, and daya.co/coins states there is "no buy fee, no sell fee, no withdrawal fee and no network fee on your side".

The page also says where the money is made, in Daya's own words: "We make our money on the spread built into the rate you see." Selling is live, and the naira goes out to a Nigerian bank account, which is the step most Nigerians worry about before they put anything in.

Where Daya Coins isn't the pick: if you want leveraged futures or a crypto-backed loan, Roqqu names both and Daya Coins does neither. If you want a stated yield on stablecoins sitting idle, Busha gives one and Daya Coins doesn't. What Daya Coins does is the plain job most people actually want, which is naira in, dollar-denominated coins out, and naira back in your bank when you sell.

What can you do on Roqqu that you can't on Busha?

Roqqu names three products Busha's own pages don't: futures with a 0.1% trading fee and a $1 top-up, virtual cards for spending crypto, and crypto-backed loans. It also runs a Savings product, described on its own site as letting you "save your crypto assets and enjoy zero charges unlike banks", with no rate stated on the page.

• Futures: a 0.1% trading fee, plus $1 to top up the futures wallet.
• Virtual cards for spending crypto.
• Crypto-backed loans, and an airdrops section.
• A Savings product, with no rate published.

A savings rate with no number next to it isn't something you can plan around. If a yield is the reason you're choosing between these two, that's the column where Roqqu doesn't give you anything to work with.

What can you do on Busha that you can't on Roqqu?

Busha states a yield and names a spending product. Busha Earn pays "up to 7.5% APY" on dollar stablecoins, paid daily, with no lock-in and a 10 USDT minimum. Busha Spend lets you pay for airtime, data and shopping vouchers straight out of the wallet. Roqqu's own pages name neither of those.

Busha also publishes a full per-network withdrawal table, which matters more than it sounds. Sending USDT costs 1 USDT on BNB Chain, Plasma or Solana and 3 USDT on Ethereum or Tron, so the network you pick is a threefold difference on every send. TRC20 vs ERC20 vs BEP20 explains which one to use.

So should you use Busha or Roqqu?

It depends on how often you trade, and that answer has names attached. Roqqu suits somebody who wants the cost printed in advance and will accept 2%. Busha suits somebody who trades enough that 2% hurts and who wants a stated yield on what's sitting idle. Daya Coins suits somebody who wants naira in and dollar coins out.

1. Buying occasionally, in small amounts: any of the three works. Compare the coins you end up with rather than the fee.
2. Trading often: Roqqu's 2% compounds fast. Busha's cost is inside the price, so quote the same trade in both before you decide.
3. Holding stablecoins and wanting a yield: Busha states up to 7.5% APY from 10 USDT, and Roqqu states no rate.
4. Selling and wanting naira in your bank: all three do it. Busha charges ₦107.50, Roqqu charges $0, and Daya Coins charges nothing on your side.
5. Wanting futures, a card or a loan: Roqqu names all three, and the other two don't do them.

One habit beats all of this. Quote the same purchase in two apps within a minute of each other and compare the number of coins you receive. That single comparison already contains the trading fee, the naira fees and the rate, and it's the one number none of these apps can dress up.