A Nigerian Startup Lets You Cash Out Crypto Inside WhatsApp
No app to download and no exchange account. Nigeria's crypto users already live in WhatsApp, so that is where the cash-out went. The post A Nigerian Startup Lets You Cash Out Crypto Inside WhatsApp appeared first on The Rio Times .
MYPADI AI, an AI-powered crypto off-ramp startup, allows Nigerians to convert Bitcoin, Ethereum, and USDT into naira directly through WhatsApp. The service, launched in May 2026, caters to those who prefer cash in their bank accounts over trading dashboards. Founded by tech entrepreneur Yakubu Quadri, the platform simplifies crypto transactions across Africa by handling everything within WhatsApp chats, eliminating the need for separate apps or exchanges.
Users start by chatting with the AI assistant, who guides them through identity verification and creates wallet addresses for Bitcoin, Ethereum, and USDT. Once verified, they can check balances, convert crypto to fiat, and withdraw to bank accounts through WhatsApp. MYPADI AI emphasizes a vendor-less approach, eliminating the risks associated with traditional peer-to-peer channels.
With over 200 million active African WhatsApp users daily, the platform capitalizes on the dominant communication tool across the continent. Despite operating within Meta's ecosystem, MYPADI AI aims to provide a more accessible and user-friendly alternative to existing crypto infrastructure by integrating directly into everyday messaging habits.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
