Basewallet vs Prestmit: Which Should You Trade With?
Score by dimension
| Dimension | Basewallet | Prestmit |
|---|---|---|
| Gift card rates | 9.2 / 10Basewallet wins | 8.9 / 10 |
| Payout speed | 7.5 / 10 | 7.5 / 10 |
| Trade experience | 8.0 / 10 | 9.0 / 10Prestmit wins |
| Support & disputes | 7.6 / 10 | 9.0 / 10Prestmit wins |
| KYC & onboarding | 7.0 / 10 | 8.0 / 10Prestmit wins |
| Product quality | 8.0 / 10 | 8.0 / 10 |
| Other features | 8.5 / 10 | 8.9 / 10Prestmit wins |
| Security & trust | 8.0 / 10 | 8.6 / 10Prestmit wins |
| Reputation | 8.0 / 10 | 9.0 / 10Prestmit wins |
| App reviews | 9.3 / 10Basewallet wins | 9.0 / 10 |
| Overall | 8.1 / 10 | 8.6 / 10 |
Side-by-side facts
| Detail | Basewallet | Prestmit |
|---|---|---|
| Rate received (latest test) | 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. | Prestmit displayed ₦1,145 per dollar for the $20 USA Razer Gold e-code and credited ₦22,900 to the wallet. A ₦50 withdrawal fee was deducted, so the bank received ₦22,850. |
| Tested payout time (latest test) | 9 minutes | 7 minutes |
| Bank withdrawal time (latest test) | 1 minute | 1 minute |
| Support first response | 7 minutes | 1 minute |
| KYC time | 15 minutes | 1 minute |
| Payout methods | Bank transfer | Bank transfer |
| Gift card types | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Sephora, Steam, Vanilla, Xbox | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, GameStop, Google Play, Nike, PlayStation, Razer Gold, Roblox, Sephora, Steam, Vanilla, Xbox |
| KYC requirements | 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. | Prestmit required the researcher's full name, date of birth, phone number and BVN for the KYC completed during this test. The verification was approved in one minute. |
| Fee structure | ₦100 withdrawal fee | Prestmit credited ₦22,900 to the researcher's wallet after the tested gift card trade. It charged a ₦50 withdrawal fee, so ₦22,850 was sent to the researcher's bank account. |
Frequently asked questions
Is Basewallet or Prestmit better overall?
Prestmit is better overall. It scores 8.6 out of 10 against 8.1 for Basewallet, based on our own trades on both platforms.
Which gives a better gift card rate, Basewallet or Prestmit?
There is no meaningful difference. Our gift card rates score is 9.2 for Basewallet and 8.9 for Prestmit, so compare the live rate for your specific card before trading.
Which pays out faster, Basewallet or Prestmit?
Prestmit paid out faster in our test: 7 minutes to complete the trade against 9 minutes on Basewallet. 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, Basewallet or Prestmit?
Prestmit replied first. Support took 1 minute to answer at Prestmit and 7 minutes at Basewallet when we contacted them during testing.
Is verification quicker on Basewallet or Prestmit?
Prestmit verified us more quickly, taking 1 minute against 15 minutes on Basewallet.