Apexpay vs Basewallet: Which Should You Trade With?
Score by dimension
| Dimension | Apexpay | Basewallet |
|---|---|---|
| Gift card rates | 8.1 / 10 | 9.2 / 10Basewallet wins |
| Payout speed | 6.5 / 10 | 7.5 / 10Basewallet wins |
| Trade experience | 7.2 / 10 | 8.0 / 10Basewallet wins |
| Support & disputes | 8.0 / 10Apexpay wins | 7.6 / 10 |
| KYC & onboarding | 8.0 / 10Apexpay wins | 7.0 / 10 |
| Product quality | 8.0 / 10 | 8.0 / 10 |
| Other features | 8.0 / 10 | 8.5 / 10Basewallet wins |
| Security & trust | 7.9 / 10 | 8.0 / 10Basewallet wins |
| Reputation | 7.9 / 10 | 8.0 / 10Basewallet wins |
| App reviews | 8.7 / 10 | 9.3 / 10Basewallet wins |
| Overall | 7.8 / 10 | 8.1 / 10 |
Side-by-side facts
| Detail | Apexpay | Basewallet |
|---|---|---|
| Rate received (latest test) | The payout for our $50 US Razer Gold e-code was ₦55,600, giving an actual rate of ₦1,112 per dollar. | Basewallet displayed a rate of ₦1,150.12 per $1 and an expected payout of ₦23,002.40 for our $20 US Razer Gold e-code. The wallet received ₦23,002. A ₦100 withdrawal fee was charged. |
| Tested payout time (latest test) | 16 minutes | 9 minutes |
| Bank withdrawal time (latest test) | 1 minute | 1 minute |
| Support first response | 2 minutes | 7 minutes |
| KYC time | 2 minutes | 15 minutes |
| Payout methods | Bank transfer, Cryptocurrency | Bank transfer |
| Gift card types | Amazon, AMEX, Apple / iTunes, eBay, GameStop, Google Play, Nike, Razer Gold, Sephora, Steam, Xbox | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Sephora, Steam, Vanilla, Xbox |
| KYC requirements | Apexpay requested a BVN, government-issued ID and selfie. The process took about two minutes and was approved. | Basewallet asked for BVN, a government-issued ID and proof of address. We completed the BVN and NIN stages, including two selfies, in about 15 minutes. We couldn't complete the address stage because the state list didn't load. |
| Fee structure | No withdrawal fee was charged. | ₦100 withdrawal fee |
Frequently asked questions
Is Apexpay or Basewallet better overall?
Basewallet is better overall. It scores 8.1 out of 10 against 7.8 for Apexpay, based on our own trades on both platforms.
Which gives a better gift card rate, Apexpay or Basewallet?
Basewallet rated better on the card we traded. Our gift card rates score is 8.1 for Apexpay and 9.2 for Basewallet. Rates move daily and vary by card type and denomination, so compare rates per dollar before you sell.
Which pays out faster, Apexpay or Basewallet?
Basewallet paid out faster in our test: 9 minutes to complete the trade against 16 minutes on Apexpay. That is the tested payout time, measured from card submission to the trade value being credited; a later bank withdrawal is recorded separately.
Which has faster customer support, Apexpay or Basewallet?
Apexpay replied first. Support took 2 minutes to answer at Apexpay and 7 minutes at Basewallet when we contacted them during testing.
Is verification quicker on Apexpay or Basewallet?
Apexpay verified us more quickly, taking 2 minutes against 15 minutes on Basewallet.