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Sendovex is a peer-to-peer (P2P) crypto-fiat marketplace operating in Ethiopia. It connects buyers and sellers who want to exchange USDT or USDC (stablecoins on the Polygon network) for Ethiopian Birr (ETB).

Create Your Account

Sign up and get your self-custodial wallet in under a minute.

How Trades Work

Step-by-step: from picking a listing to receiving crypto.

Become a Merchant

List your own trades and earn from the rate spread.

Smart Contract

See the on-chain escrow that secures every trade.

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How it works

Every trade on Sendovex goes through three parties:
  • Buyer: wants to acquire crypto (USDT or USDC) by paying fiat (ETB) to the seller
  • Seller (Merchant): holds crypto and is willing to sell at their listed rate
  • Smart contract escrow: a trustless on-chain program that holds the seller’s crypto until the buyer confirms fiat payment
No middleman holds your funds. The escrow is a public smart contract on Polygon, not a Sendovex bank account.

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Why Sendovex?

  • Self-custodial wallets: your crypto stays in your own Sendovex Smart Wallet. Sendovex never controls it.
  • No gas fees: all Polygon transactions are covered by Sendovex. You never need POL.
  • Verified merchants: merchants can add an identity verification badge to their profile. Buyers can use this as a trust signal when choosing who to trade with.
  • Built-in dispute resolution: if a trade goes wrong, open a dispute from the trade screen and a Sendovex agent will review the evidence.

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Who can use Sendovex?

Anyone with a smartphone can create an account and start trading as a buyer. To list trades as a merchant, you need to enable Merchant Mode from the Account tab.
Sendovex is currently available in Ethiopia. Fiat transactions are denominated in ETB.