Xebar – Revolutionizing Crypto-to-
Cash Conversions
Xebar – Revolutionizing Crypto-to-Cash Conversions
My roles: End-to-end Product Design for V1, First phase product design for V2, User Research, Interaction Design, and contributing to Product and business Strategy
My roles: End-to-end Product Design for V1, First phase product design for V2, User Research, Interaction Design, and contributing to Product and business Strategy
Industry: Fintech
Industry: Fintech
This case study covers the design process for V1 and the first phase of Xebar V2
This case study covers the design process for V1 and the first phase of Xebar V2
Xebar v1 was designed in two days. I still remember, the longest 2 days of my life.
But I did it, because nothing is impossible for batman.
Xebar v1 was designed in two days. I still remember, the longest 2 days of my life. But I did it, because nothing is impossible for batman.
Business Outcomes & Impact (Xebar V1)
Business Outcomes & Impact (Xebar V1)
Xebar V1 had an agile development process, and our primary focus was to get in
front of our target market and test what we’ve built.
Xebar V1 had an agile development process, and our primary focus was to get in front of our target market and test what we’ve built.
Xebar V1 had an agile development process, and our primary focus was to get in front of our target market and test what we’ve built.
Xebar processed over 1billion NGN ($1M+) worth of transactions in the first quarter.
Xebar processed over 1billion NGN ($1M+) worth of transactions in the first quarter.
70% reduction in P2P fraud complaints from our users.
70% reduction in P2P fraud complaints from our users.
Partnerships with major platforms (e.g Betja) – Enabling direct crypto deposits
Partnerships with major platforms (e.g Betja) – Enabling direct crypto deposits
Link bank accounts securely – Direct transfers without intermediaries.
Link bank accounts securely – Direct transfers without intermediaries.
Xebar beta version crossed over 5k downloads on Playstore and Appstore
Xebar beta version crossed over 5k downloads on Playstore and Appstore
30 sec record time Off-ramp
30 sec record time Off-ramp
Introduction: The Crypto Liquidity
Crisis in Nigeria
Introduction: The Crypto Liquidity Crisis
in Nigeria
Introduction: The Crypto Liquidity Crisis in Nigeria
Nigeria has emerged as one of the world's most active cryptocurrency markets, driven by a young, tech-savvy population and a need for alternative financial solutions. However, despite widespread adoption, a critical problem persists: converting crypto to cash quickly, safely, and at fair rates remains a nightmare
for most users.
Nigeria has emerged as one of the world's most active crypto currency markets, driven by a young, tech-savvy population and a need for alternative financial solutions. However, despite widespread adoption, a critical problem persists: converting crypto to cash quickly, safely, and at fair rates remains a nightmare for most users.
Peer-to-peer (P2P) trading, the dominant method for off-ramping crypto, is riddled with risks, scams, price manipulation, delayed payments, and outright theft. The visionary team behind Xebar, saw an opportunity to eliminate these pain points by creating a seamless, bank-integrated crypto on/off-ramp solution.
Peer-to-peer (P2P) trading, the dominant method for off-ramping crypto, is riddled with risks, scams, price manipulation, delayed payments, and outright theft. The visionary team behind Xebar, saw an opportunity to eliminate these pain points by creating a seamless, bank-integrated crypto
on/off-ramp solution.
Insights from my conversations with our target market: Why P2P is Broken
Insights from my conversations with our target market: Why P2P is Broken
Rampant Scams & Fraud
Rampant Scams & Fraud
Fake payment screenshots, chargeback fraud, and impersonation scams cost users millions
monthly. No recourse for victims, once crypto is sent, it’s gone.
Slow & Unreliable Transactions
Slow & Unreliable Transactions
Bank delays, trader disputes, and network congestion meant users sometimes waited hours or even days for their cash. High volatility often led to losses while waiting for transactions to be completed.
Limited Accessibility
Limited Accessibility
Not everyone could find trustworthy P2P traders, especially outside major cities.
New users often fell prey to manipulative exchange rates.
Not everyone could find trustworthy P2P traders, especially outside major cities. New users often fell prey to manipulative exchange rates.
No Direct Integration with Other Platforms
No Direct Integration with Other Platforms
Betting sites, e-commerce stores, and freelancers needed crypto-to-fiat conversions but had no direct solution. Users had to first convert on P2P, then manually transfer funds, adding unnecessary steps.
The Solution: Xebar – Instant Crypto On/Off-Ramp with Bank Integration
The Solution: Xebar – Instant Crypto On/Off-Ramp with Bank Integration
The Xebar team recognized these challenges and set out to build a seamless,
secure, and instant solution for crypto-to-fiat conversions.
The Xebar team recognized these challenges and set out to build a seamless, secure, and instant solution for crypto-to-fiat conversions.
Convert crypto to NGN instantly – No more waiting for P2P confirmations.
Convert crypto to NGN instantly – No more waiting for P2P confirmations.
Link bank accounts securely – Direct transfers without intermediaries.
Link bank accounts securely – Direct transfers without intermediaries.
Sync with betting sites & other platforms – Send crypto directly and receive cash instantly.
Sync with betting sites & other platforms – Send crypto directly and receive cash instantly.
Eliminate P2P scams – A trusted, automated system replaces risky manual trades.
Eliminate P2P scams – A trusted, automated system replaces risky manual trades.
How it works
How it works
Connect your bank account
Connect your bank account
This will be your funds final destination.
This will be your funds final destination.
Convert your assets to cash
Convert your assets to cash
Select the asset you wish to convert to cash
Select the bank account you wish to receive your funds
Copy and send funds to your uniquely generated wallet and eceive in your
bank account in a flash
Sync with other platforms
Sync with other platforms
Send crypto and receive NGN in your bet9ja wallet
More Screens
More Screens
Up next
Up next
Now, we both know you’d love to have batman on your team. Click the button below to get in touch.
Now, we both know you’d love to have batman on your team. Click the button below to get in touch.