Bitcoin Forum

I have noticed some people have mentioned Yellow Card on this board before which is the reason I posted this. But I am kind of surprised when I saw the email message because I do not think there would be any Nigeria that will use Yellow Card on browser instead of the mobile app. I guess everyone will have the app, but in case.

If you are using the web, you will not be able to access the exchange starting from next month which is August 1st. Let me quote what was sent through the email.

This is the first time i am ever hearing about this service, Yellow Card cryptocurrency exchange, and i have gone on to do a little research about it, there i found that it is labeled the largest centralized cryptocurrency exchange in Africa. I would love to read reviews from Nigerian users who have actually used this exchange to send or receive cryptocurrency, how was the process. I also read that you can convert cryptocurrency to fiat on Yellow Card, who has done this before?

I have only used it once and everything went smoothly during that period. However, a time came that I abandoned the exchange because I was unable to trade my USDT for fiat because the bank that I needed the money sent to wasn't available. However, you can only receive payments to a bank that isn't a fintech one. Their exchange rate is good. The exchange has only tron network for USDT then, I don't know if they have added other options. Their bitcoin address is SegWit bc1

Thank you for your input about this exchange. I believe you used this exchange before our government talk say make banks no dey process cryptocurrency transactions for us again, wey make all of us dey run am peer to peer now. That said, now wey the matter dey like this, is it still possible to use Yellow Card exchange to convert crypto to our Naira? Or na only to send crypto wey we Nigerians fit use am for as e be so.

Yes, e still dey possible because the exchange na them go buy your bitcoin directly from you to fiat. Traders dey the exchange wey get different bank accounts. If you won come withdraw your Naira from the exchange, na where these traders go come involve. Na your Naria wey dey ur exchange account, them go use the same bank as the own wey you won use receive the funds take send the funds to you. You go only pay ₦100 for their charges. The exchange connects you to them.

I done dey use Yellow card for over 3 year now and i am a tier 3 kyc verified users which mean i have done transactions that run into something significant in the past and i have all it take to give an indebt review of that p2p exchange, but what i can say is that.

Yellowcard is one of the fastest finteck to sned money across Africa all you have ro do is to have a yellowcard. Account for both party and you have your account funded.

I have never used this service, don't think I have heard of it before now. From what I can see they are operating in a similar manner that Luno was a couple of years back, that's another service I do not know if it's still active today.

In the email, they say the web app will not longer be available, that can be a little confusing as it's not the same thing as the web browser version. Some apps have pc version and the browser version which is different.

You mean browser extension?

I am very sure that what it means is the web browser.

If you visit their official site right now and wants to login, you will see this:


https://talkimg.com/images/2025/07/04/UwtA12.jpeg


The exchange only has mobile apps.

Edit:
Let me simplify it. Web apps still will make use of your browser. Just regard it as you are connecting through your mobile browser through the URL. They are totally different from browser extensions.

I registered Yellow card early this year, but the KYC took forever to be verified. Abandoned as we speak.


They were basically operating a mobile app and a web app in the same way that WhatsApp does - you can still access the service through the app or a web browser, but not through their wep app anymore.  I'm not sure if my explanation is clear.

You are right. I also noticed it and I did not use it when I have alternatives.

You will not be able to access it through the web browser anymore.

Web app is only confusing. They call it web app to let people know that they are very friendly on mobile devices as well (I mean mobile friendly sites like as if you are using a mobile app). So if a site has a mobile friendly site, they have the web app already.

I have once heard of this Yellow Card and registered with them some times back last year or two years ago, but I was really having problems with accessing their services, can’t really remember what happened or what lead me to not have interest in them anymore.

You wey don dey use am for long now, don really drop good review on them and maybe person fit try access am see again to see how well their services dey as compared to other exchanges wey dey offer the same services. Since you mentioned fastest fintech to send money across Africa, e really make am attractive to use to me.

Too bad, and i was considering registering on Yellow Card after i read all the reviews posted on this thread, but if i have to wait for a very long time for KYC verification, i might as well forget about it.

That said, @Frankolala, how long did you wait for your KYC information to be verified and when did you register, that is if you don't mind giving the information here.

If that's the case they should change up with wording of their memo to avoid confusion. There will be some question marks from users like if they will still be able to access it on a mobile browser or not.
But probably their active users will not be as confused as they'll be familiar with their available features and know which isn't going to be available.

Is this a one off or you know people that had similar issues? Did you try to reach out to their support team?

Do not mind me, what I meant was different there. I registered on the exchange but when I wanted to buy just ₦20000 of coin, thinking it will not require more than phone number verification, I was unable to buy it until i will get verified.

I have heard about this service provider, but I have not been able to patronise their services as a result of the complaints I have been seeing online about them. Although I have seen some mention here but I am not convinced. However, it is nice that you have made this update known to the general house, so that people would be aware of the development for which they are discontinuing their web services, if I am not mistaken, because if the information is not properly disseminated to the wider audience or community, they might be taken advantage of by scammers who would not mind going to any extent to do a fake site just to get at the ignorant or uninformed users of the platform and prospective users as well.

I have not use the exchange, although there was a time I opened a yellow card account during the time binance short down there naira conversion but when I opened it everything wasn't looking too nice for me considering the experience I had on other exchanges, so when I learned about other exchange I just decided to leave it, except I just decided to continue using the account if not I don't see any need to but is a good information to the users so that those who have not gotten there app yet to do that within the stated period since they did not state how long it will be unreachable.

This is my first time also of hearing about this service, when I even first saw the title of this thread on the board page, I was seriously thinking what the heck is yellow card, first I thought it was something that had to do with football, and on that other hand, I thought maybe its a kind of special Atm card I've never heard of, at the end, curiosity is what made me open this thread to a look and learn what exactly the op was talking about..

And amazingly, its a service, I have been seeing alot of ads on platforms like X on this yellow card thing but I've never imagined that it's a crypto currency exchange and even popular well enough to be talked about on this forum.

I am interested in reading reviews of this exchange as well, most especially in regards to their p2p services, any good reason to leave bybit and switch over to yellow card? I would appreciate a comprehensive and well detailed response.

Very soon now, you will begin to hear people complaining of their asset being hooked down on yellow card for none reason, when they are not aware of this important update.

Another second point i want to buttress here is the speedy action required by every users to evacuate their assets from the platform to a non custodial wallet, because they are not of a standard reputable wallet, hence we should strife and go for one that is well recognized and trusted.

Lastly, the importance of being updated in different aspect of cryptocurrency is as this important, because we got informed of all relevant and necessary actions that is expected of us to take, while we should still bear in mind that not your keys not your coins, someone like me will not use a centralized platform like this to hold my digital assets.

Theirs something I want to know, the name yellow card is it the name of the exchange? If the exchange is centralised exchange that means their privacy will not that strong, if it is being established in Nigeria, EFCC can break in into their office and extract the data of anyone who has done business with them if their is accusations to their customers,so for me is not good to go into something that you have not fully understand the concept, we have so many exchanges in the field so we need to know that scammers are everywhere before they will scam some of us and go away with our coins

I don't know if it is only me but I hardly access any exchange through their website as they are banned by our government. Binance, Kucoin, Bybit and even Bitget websites are not accessible through their websites and the only way of access have been their apps so I don't know if yellow card was accessible before through their website as I have not used my account in that platform for a very long time since I made it. Assuming I still use this exchange, this email would have been a warning sign for me and I would have stayed away from the exchange till further notice, at least when I know that everything has become functional again because this email seems like downgrading their services.

Am sure this yellow card management means well and mean business because of the way they were quick to send a notification to their valued customers, telling them of their future plans and including them before time to secure their funds and login information so as to prevent loss of funds or login access upon still trying to access their site via the web.
I don't think that i have come across any person who uses this app though for whatever reasons it is used for, but i am sure there are more popular apps with similar functions that wont jeopardize investment or savings plan without as a scare with a notification as these.

I registered with the exchange early last year and everything went smoothly on KYC. After I had the experience of not being able to get a p2p merchant on Naria, I abandoned them. There was a time that they upgraded their system and they asked for KYC the second time. They couldn't verify my NIN till infinity which discouraged me from the exchange. Igebotz is right about what he said on KYC verification in the exchange. However, I still have someone using it and everything is working perfectly for him. Though, my face on my NIN ID isn't that clear but that's what I am using for my KYC in other exchanges and casinos.

Yes, it is a name of an exchange, and which we are discussing about on this thread.

To maintain just the mobile apps will be easy than to mention them along with the website. I do not think what they did is wrong because everyone are now using mobile phone. Also, it is possible that they check people's means of visiting their exchange and noticed mostly from mobile devices. Although, maybe you are right, but I do not think so for now.

Now this agree with what I said before about our government banning access to websites of exchanges. I knew that started from that period they accused cryptocurrency of causing the crash of the Naira, one of the funniest and dumbest statement of those that we call leaders. I think it is has become obvious now that their decision to banned exchange websites did not yield any results because it did not stop people from using those exchanges neither does it slow down the adoption of cryptocurrency in Nigeria. I really know who is advising our government but the fact remains that those advisers are doing terrible job especially with cryptocurrency. 

Yes it's true that the URL of those top crypto exchange are all banned here in Nigeria, and that's the reason why you can't access it through your web browser, but as for Yellow card, I think the site is very much accessible through both web browser and app, and I'm still very skiptical on why should they want to block their URL and only make it accessible through the mobile app, because this is actually a red flag for me, of which if I was to have an account with Yellow card, I will just abandon it till further notice when everything might have stabilize. Because I actually see no reason why they should want to block their website URL, simply because they claim they want to offer better services on their mobile app.

This is my personal experience, don't know if it's a general thing or just me but I can tell you for free, the whole KYC process is done manually. I got verified after a long wait. I logged in after this topic and got a pop up message to " input my BVN number" before I can make deposit.

Yellow am switching from dual means of accessibility to single means such like no more web app but only mobile app is what I can highlight to be a market strategy to increase profits turnout. How? You know that you don't get to have to  be asked to update your web access to their platform or any other platforms in general. Take the bitcointalk forum for example. We don't ever have to update anything.

But with mobile app, the users will be requested from time to time to update their mobile app. And there's a way these platforms makes it compulsory that you have no option but to update buy downloading the app again to be able to have access to their platform. Each update done is an increments of profit to them and imagine now that all their customers now have to use only the mobile app.

I have used such an exchange before. That will be annoying when even those highly well know exchanges are not doing something like that. I think either Luno or the shady Quidax was doing something like when I was using it but I think it was Quidax which I stopped using because of their scam conversion as they deduct significantly more fee than what is displayed.

I do not understand. App update is a profit for them (Yellow Card) in what way?

Some Nigerians are really struggling with the device they use so they do not keep applications always on their phones unless those that are completely necessary and unavoidable.

I know people who would opt for the web version of an application just to be able to free up some space on their device. Unfortunately that is their struggles.

I have heard of Yellow Card, never used it.

 I was about to ask the same question but let me get this straight with him - app updates is to protect the customers and to improve app performance, no company updates their apps to make money off it. It takes a lot of resources to improve app performance so they're literally spending more money to protect your interest.

Little advice: always make sure your apps are up to date, outdated apps are harmful( security wise)

Not just outdated apps, but also your entire mobile device.

Using an extremely old model phone or device can be a security risk because some security updates may not be available for it.

Changing your old outdated device is also a security measure.

Yes, reasons why outdated phones, software wallets, mobile apps get compromised so easily. You don't necessarily need to change your outdated phones, you only need to update it to the current software version.

Is the trade peer 2 peer? How fast and secure is the transaction? Like coyster I am not familiar with the yellow card exchange, and Fintech banks you mean opay, monie point, palm pay and the rest? If they are selective about banks there should be a reason for that. I find transactions using these bank I mentioned faster and without usual Nigerian banking wahala.

Yellow card is not your typical p2p market where you have numerous vendors to choose from and at your desired rate, they're more like swap/exchange where you sell to them and buy from them at their own rate.

When you opened an account and verified your IDs, one of the fintech bank accounts will be generated in your name and number where you can make deposit by transfer or card.

I have never heard of Yellow Card before now. I’m surprised to read that Wiwo have been using them for 3 years now and his review about their service is very positive. @Wiwo have you used remitano and bybit before? Would you say Yellow Card is better in terms of exchange rate and customer service? This is an open question, anyone who has used these exchanges should please contribute. 

In term of exchange rate, most times Yellow card is lower compared to Bybit and the rest. However, I have seen a time that Yellow card exchange rate was the same rate with other exchanges but once in a while. Everything goes smoothly when you are using the exchange to trade your bitcoin to fiat but you should know that all exchanges have flaws.

Waiting be my problem no pass make e come be another problem make e come cause another wahala make our government no come talk say na that thing be Nigerian problem, Na small thing we Dey use Dey spoil things for this country, before na so our government Dey make sure say P2P no Dey work for Nigeria but with the grace of God he no disgrace us, make we no come here say them cancel am or them Dey don ban the app site because of another thing wey happen.

Talking about Scammers using this platform to scam people, that one na for sure, na naija we Dey and na everything our scammers boys Dey use cash out, they don already get details about this new thing and if they tell you say some of them don start am you no go argue because na their work be that and it will be better if we be careful when it comes to exchange, we should know how we go Dey do things make our wise brodas no take advantage of us.

Some of the latest software versions are not available for older phones; one reason is because of the limited nature of some of the hardware used in the production of that device. For instance, some updates require the device to have a high RAM, which these older phones may not have

The latest Android update is not available for all Android phones; the same goes for iOS devices. If you are using an iPhone 6, 7, or 8, for example, in 2025, you are at great risk. The latest software update, iOS 18, is not supported.

Charles-Tim thanks for update though I stopped using yellow card for quite some time now due to a bug I detected in their system, so I chose to play safe than place my hands on fire; you understand what I mean? ;D well to be honest during my time using their services, I could only access, send and interact with their service using the Web page because the app had some bug in it and refused to perform some basic duties so even if i was still making use of their services, this message would have been a threat to my patronage of their service since i can't access their app. They should work other those bug before they loss more customers.