Banks charge a spread. Bureau de change is unpredictable. Apps that promise good rates often bury fees in the transaction. CarryLink's FX Exchange takes a different approach: you trade currencies directly with another user, at a rate you both agree on, using funds already in your wallet.

How it actually works

Say you have NGN in your CarryLink wallet and you need USD. You post a listing: "I want to sell ₦500,000 for $300 (at ₦1,667/$1)." Another user who has USD in their wallet and wants NGN sees your listing and accepts it. The exchange happens instantly between wallets. The platform deducts a small fee. Done.

No waiting for bank approval. No bureau de change queues. No middleman holding your money for days.

Who sets the rate?

You do. When you post a listing, you enter the currency pair and the rate you want. The market finds you — or you can browse existing listings and accept one that works for you. Rates are community-driven and transparent.

What currencies are supported?

Currently: NGN, USD, EUR, and GBP. You can hold multiple currency wallets simultaneously and withdraw each one to a matching bank account (local for NGN, international IBAN/SWIFT for others).

Is it safe?

Yes. Both sides of the trade use verified platform wallets — there's no exchange of cash or third-party bank details. Once a trade is matched and both parties confirm, it's final. The platform logs every trade and keeps records for dispute resolution.

Important note

CarryLink is not a licensed bank or money transfer operator. The FX Exchange is a peer-to-peer matching service. You are responsible for complying with your country's currency exchange regulations. Rates are set by users, not by CarryLink, and can fluctuate.

Ready to try it? Head to the FX Exchange from your dashboard — browse listings or post your own in under a minute.