SpaceTrade review
8.2/ 10
Score breakdown
Each dimension is scored from our own tests and weighted into the overall score.
Verdict
SpaceTrade completed our $20 US Razer Gold trade in eight minutes and credited ₦22,600 at ₦1,130 per dollar. The separate bank withdrawal took one minute, but the ₦100 fee reduced the amount received to ₦22,500.
Pros
- The bank withdrawal took one minute
- Both KYC levels were approved quickly
- The platform offers several additional services
Cons
- The trade took eight minutes
- A ₦100 withdrawal fee reduced the bank payment
Our review
About SpaceTrade
SpaceTrade is a mobile platform for gift card trading and other digital services. Its Android and iOS apps list bill payments, airtime, data, eSIMs, virtual cards and cryptocurrency alongside gift cards. The platform lists Nigeria and South Africa among its supported markets.
How we tested SpaceTrade
We tested SpaceTrade on 16 September 2026 using a $20 US Razer Gold e-code. Following our How We Review process, we completed the required KYC, checked the rate, submitted the card, contacted support and withdrew the payment.
The card was submitted at 12:33 AM and completed at 12:41 AM, so the gift card trade took eight minutes. At ₦1,130 per dollar, the card produced ₦22,600 in the wallet. The separate bank withdrawal took one minute. SpaceTrade charged a ₦100 withdrawal fee, leaving ₦22,500 in the bank account.
Trading experience
SpaceTrade required two verification levels during the test. Level 2 asked for a BVN or NIN and was approved in about 30 seconds. Level 3 required a selfie with a government-issued ID and was approved in about one minute.
The Razer Gold card was submitted under the correct category and completed in eight minutes. The full ₦22,600 trade value entered the wallet, so the ₦100 difference in the bank payment came from the withdrawal fee rather than a lower gift card rate. In-app support responded in two minutes during a genuine dispute recorded in the test.
Our test results
Measured on 16 September 2026.
| Rate received | SpaceTrade applied ₦1,130 per dollar to our $20 US Razer Gold e-code, producing ₦22,600. A ₦100 withdrawal fee was charged, so ₦22,500 reached the bank. |
|---|---|
| Tested payout time | 8 minutes |
| Bank withdrawal time | 1 minute |
| Support first response | 2 minutes |
| KYC time | 2 minutes |
| Test date | 16 September 2026 |
- Rate received
- SpaceTrade applied ₦1,130 per dollar to our $20 US Razer Gold e-code, producing ₦22,600. A ₦100 withdrawal fee was charged, so ₦22,500 reached the bank.
- Tested payout time
- 8 minutes
- Bank withdrawal time
- 1 minute
- Support first response
- 2 minutes
- KYC time
- 2 minutes
- Test date
- 16 September 2026
Platform facts
| Gift cards supported | AMEX, Apple / iTunes, Footlocker, PlayStation, Razer Gold, Sephora, Steam |
|---|---|
| Payout methods | Bank transfer |
| Countries served | Nigeria |
| Fee structure | The $20 card produced ₦22,600 at ₦1,130 per dollar. A ₦100 withdrawal fee reduced the bank payment to ₦22,500. |
| KYC requirements | SpaceTrade requested BVN or NIN for Level 2 and a selfie with a government-issued ID for Level 3. Approval took about 30 seconds for Level 2 and one minute for Level 3. |
| Payout currencies | Naira |
| Other features | Rate calculator, Bill payments, Airtime and data, eSIM, Virtual cards, Buying gift cards, Cryptocurrency |
- Gift cards supported
- AMEX, Apple / iTunes, Footlocker, PlayStation, Razer Gold, Sephora, Steam
- Payout methods
- Bank transfer
- Countries served
- Nigeria
- Fee structure
- The $20 card produced ₦22,600 at ₦1,130 per dollar. A ₦100 withdrawal fee reduced the bank payment to ₦22,500.
- KYC requirements
- SpaceTrade requested BVN or NIN for Level 2 and a selfie with a government-issued ID for Level 3. Approval took about 30 seconds for Level 2 and one minute for Level 3.
- Payout currencies
- Naira
- Other features
- Rate calculator, Bill payments, Airtime and data, eSIM, Virtual cards, Buying gift cards, Cryptocurrency
App store reviews
Ratings pulled directly from the app stores where SpaceTrade is listed.
| Apple App Store | 4.6 ★ · 838 ratingsFetched 18 September 2026 |
|---|---|
| Google Play Store | 4.7 ★ · 602 ratingsFetched 18 September 2026 |
- Apple App Store
- 4.6 ★ · 838 ratingsFetched 18 September 2026
- Google Play Store
- 4.7 ★ · 602 ratingsFetched 18 September 2026
AI-generated summary of recent app store reviews — updated 18 September 2026.
Positive reviews frequently highlight the app's fast transaction speeds, ease of use, and user-friendly interface. Users praise the platform for offering competitive exchange rates for gift cards and cryptocurrencies, including Bitcoin, Ethereum, and Tether. Many satisfied reviewers describe the service as reliable, secure for storing funds, and convenient for managing bill payments.
Conversely, negative feedback is dominated by widespread accusations of fraud, with users reporting that gift cards were wrongfully flagged as already used or reduced in value. Numerous reviewers state they are unable to log into their accounts or withdraw their funds and cryptocurrency deposits. Technical glitches, such as unreceived email verification codes and network delays, are commonly mentioned, while many users express severe frustration with unresponsive customer support across both WhatsApp and in-app help channels.
What people are posting about SpaceTrade
Posts selected by our editors. They play on this page once you choose to load them, and are not part of our scoring.
- TikTokSpaceTrade: an app that allows you trade gift cards, sell cryptocurrencies, free transfers between wallets, bills payments and more #adView original post
- TikTokA new space. A new identity. A new chapter. 🚀 But before we talk about the new SpaceTrade HQ, I wanted to know one thing: how did we get here? I sat down with the team to unpack the journey, the evolution, the rebrand, and what SpaceTrade is building next — including the Space Community. And honestly, there’s a lot more happening behind these doors. 👀 September 11. We’re opening the doors. @SpacetradeHQ|Crypto+GiftCards #SpaceTrade #SpaceTradeLaunch #TheSpaceCommunity #cryptoView original post
Frequently asked questions
Is SpaceTrade legitimate?
SpaceTrade completed our $20 Razer Gold trade, credited ₦22,600 and paid ₦22,500 into our bank account after the withdrawal fee. This gives us one completed transaction to assess, but it does not guarantee every future result.
Which countries and currencies does SpaceTrade support?
SpaceTrade lists Nigeria and South Africa. The payout currency used for our Nigerian account was naira.
Does SpaceTrade require KYC?
Yes. Level 2 required a BVN or NIN and was approved in about 30 seconds. Level 3 required a selfie with a government-issued ID and was approved in about one minute.
How long did the SpaceTrade trade and withdrawal take?
The gift card trade took eight minutes, from 12:33 AM to 12:41 AM. After the payout entered the wallet, the separate bank withdrawal took one minute.
How responsive was SpaceTrade support?
In-app support sent a human response in two minutes. A genuine dispute was recorded during the test, so this response time came from an actual problem rather than a general enquiry.