Banks
We provide all available banks from our currently supported countries with the list of banks API. You can fetch all banks with a simple GET request:Bank Account Verification for Payouts
- Linking a Bank Account: Users can add and verify their local bank account as a destination for payout.
Addresses
Addresses functions like a bank account number but is specific to cryptocurrencies. Each blockchain network (Bitcoin, Ethereum, Solana, etc.) has its own format for crypto addresses. For example:- Bitcoin (BTC) Address:
bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf82t9 - Ethereum (ETH) Address:
0x89205A3A3b2A69De6Dbf7f01ED13B2108B2c43e7
Generating Wallet Addresses:
- When a user creates an account on Busha, a unique crypto address is assigned to their wallet for each supported cryptocurrency.
- These addresses are generated using blockchain standards like BIP-44 (for Bitcoin and similar assets) or ERC-20 (for Ethereum-based tokens).
Receiving Digital Tokens:
- Users can share their crypto address with others to receive payments or token transfers.
- The sender initiates a transaction by entering the recipient’s crypto address in their wallet and confirming the transfer.
- The blockchain processes the transaction and updates the balance once confirmed.