Pretium Africa alternative when cashing USDT out, not spending it at a till
Unigox is a Pretium Africa alternative for cashing out: a P2P merchant or payment business buys your USDT or USDC and pays your bank or mobile money account. Keep Pretium for spending stablecoins at shops and on bills.
When to stay with Pretium
You pay shops, tills and paybills from stablecoins
Pretium is built to spend USDT or USDC where shillings are expected: groceries, supermarkets, restaurants and fuel, by till number or paybill. It converts at its rate and pays the merchant's mobile money or bank account.
You settle utility bills and airtime
Electricity, TV subscriptions, mobile data and airtime are paid from the Pretium balance, with no sale to a buyer in between.
Your stablecoins sit on Celo
Pretium settles USDT and USDC on Celo and BNB, and USDC on Base. Celo is not among the networks the Unigox deposit screen lists, so a Celo balance is better spent where it is.
Pretium and Unigox, from USDT to shillings on mobile money
| Topic | Pretium | Unigox |
|---|---|---|
| What it is | Pretium Finance, a stablecoin spending app from XWIFT, Inc. on Google Play: merchant and bill payments, plus withdrawals to a bank or mobile money account. | A marketplace for selling USDT and USDC for local money, where an individual P2P merchant or a payment business buys from you. |
| Who sets the rate | Pretium sets it from several sources, and its terms say you accept that rate. The app shows rate and fees before you go ahead. | The P2P merchant or payment business that fills your sale; Unigox quotes the rate for your amount with its fee counted in. |
| Payout cost | The app shows Pretium's rate and fees before you confirm and pays out the rest. Pretium publishes no fee table for the app. Its API payouts are priced per amount band:
| One rate with the Unigox fee already in it, shown before you confirm. The buyer pays the account you name, and nothing more is taken off at payout. On a large amount a flat band fee can come to less than a fee in the rate. |
| Networks | Celo, Base and BNB for USDT and USDC; its developer docs list Base for USDC only. | USDT comes in on EVM networks such as Ethereum, Arbitrum, BNB Smart Chain and Optimism, or on Solana, TON and Tron; USDC also on Base. |
| Checks and limits | KYC and AML checks to open an account. Limits are set at Pretium's discretion and may be raised if you meet its upgrade requirements. | Your identity is verified before the first sale, small or large. |
| Regulation | The app is published by XWIFT, Inc. at a Delaware address. Pretium says it settles through payment service providers that hold licences, and names no licence or registration of its own. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxCash out on Unigox instead of Pretium in three steps
Create a Unigox account and verify your ID
Pretium asks for an email and KYC; Unigox checks your ID before your first sale at any amount.
Point new USDT at your Unigox Wallet
Give the Unigox deposit address to whoever pays you, or withdraw to it from an exchange, on a network the deposit screen lists.
Sell and name the account to be paid
Choose the currency, add the mobile money or bank account the buyer should pay, and confirm at the quoted rate. The money goes to that account, not to a till or paybill as on a Pretium merchant payment.
Pretium Africa alternatives: questions
What is a Pretium Africa alternative for cashing out USDT?
Unigox, if the job is a sale: a P2P merchant or a payment business buys your USDT or USDC and pays your bank or mobile money account. Paying a till, a paybill or an electricity bill straight from stablecoins is the job Pretium is built for, so keep it for that.
Who are Pretium Africa's competitors in Kenya and Uganda?
Other stablecoin apps that pay out to M-Pesa or MTN, and marketplaces where you sell USDT to a buyer. Unigox is one of the second kind; we also compare it with Swypt and MiniPay.
Read the Swypt comparisonWhat does Pretium charge to cash out to M-Pesa?
The app shows its rate and fees before you confirm, and Pretium does not publish a fee table for the app. Its API payouts to M-Pesa and Airtel Money are priced per amount band, from KES 1 to KES 150. On Unigox the fee is part of the rate quoted before you confirm, and nothing more comes off at payout.
Can I move USDC from Pretium to Unigox?
Pretium's consumer pages do not say how a balance leaves the app for an outside address. If yours allows it, first check that the Unigox deposit screen lists USDC on Base or BNB Smart Chain; Celo is not among its networks. Pretium's terms say completed blockchain transactions cannot be reversed.
Price a USDT sale beside a Pretium payout
Before you confirm, Pretium's app shows its rate and fees, and Unigox shows one rate with its fee inside. Compare what each leaves for the same amount on the same day.
Pretium and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.