What is the best alternative to Favex in Nigeria?

In Nigeria, the closest all-in-one substitutes for Favex are Gexipay and Sekiapp because they combine crypto trading with bill payments, and both also list gift cards and virtual cards as supported features.

What can I use instead of Favex if I only want to cash out crypto to my Nigerian bank account?

For a more cashout-focused option, Pandar is positioned around converting crypto to Naira and withdrawing directly to local Nigerian bank accounts. If bank transfer reach matters, Monica specifically mentions transfers to 30+ banks.

Which apps are like Favex for trading gift cards and cashing out to Naira?

If gift cards are core to what you do, Sekiapp, Gexipay, and Yesa all explicitly list gift card trading alongside crypto and Naira withdrawals. SpaceTrade also mentions trading gift cards and e-currencies for instant cash in Nigeria.

Do Favex alternatives offer virtual cards for online payments?

Yes, several Favex competitors include virtual cards: Spenda lists virtual Naira and USD cards, while PGold and Monica both mention virtual dollar cards. If you want bills plus cards in one app, Gexipay also lists virtual cards.

What apps combine crypto trading with bill payments like airtime, data, and electricity?

For Crypto & Web3 apps that double as bill-payment wallets in Nigeria, Gexipay and Dantown both describe paying Nigerian bills alongside crypto trading. Paxalpay also mentions converting BTC, ETH, and USDT to local currency and then paying bills and transferring to banks.

Is Favex available outside Nigeria?

Favex is primarily positioned for Nigeria, with Naira payouts and local billers, so many people outside the country start by checking Nigeria-focused alternatives like Paxalpay or SpaceTrade. Each of these alternatives is also listed as available in Nigeria on Liners, which makes country fit easier to verify before switching.

How does Favex pricing compare with alternatives?

Favex is free to download, but the effective cost comes from the exchange rates and any in-app fees shown at the time of a trade. To compare like-for-like, open the rate screens in Gexipay, Sekiapp, or Paxalpay for the same asset and payout method, since they all support crypto trading and Naira withdrawals in Nigeria.

61 Best Favex Alternatives & Competitors (2026)

The most useful Favex alternatives in 2026 are Gexipay, Sekiapp, Pandar, PGold, and Paxalpay. The right pick depends on whether you care most about cashing out crypto to a Nigerian bank account fast, exchanging gift cards, paying bills from the same wallet, or getting a virtual card that works for your online payments.