With the growing demand for cryptocurrency in Nigeria and the general favourable environment for digital currencies, a leading cryptocurrency/blockchain service provider, FUREX Technologies, has announced some key features in their new P2P app.
Yes indeed, with the widespread adoption of smartphones and the internet, more Nigerians have access to cryptocurrency exchanges and other platforms that allow them to buy, sell, and trade cryptocurrencies.
According to the MD/CEO of FUREX technologies, Fure Eviosekwofa, “A 2022 report by Chainalysis reveals that Sub-Saharan Africa’s retail market and outsized usage of P2P platforms make it unique compared to other regions. Retail-sized transfers below USD 10,000 make up 6.4% of its transaction volume, more than any other region.”
“The role of retail becomes even more apparent when we look at the number of individual transfers. Retail transfers make up 95% of all transfers, and if we drill down to just small retail transfers under $1,000, the share becomes 80%, more than any other region.” He said, “P2P exchanges account for 6% of all cryptocurrency transaction volume in Africa, more than double the share of the next-closest region, Central & Southern Asia and Oceania. And no other market is as available to launch a P2P product than in Africa with our unique needs and use cases.”
He went on to list features users shall experience from the FUREX P2P App.
- Buy and Sell Crypto in two (2) steps: On the furex P2P app, Users can buy and sell their preferred digital assets quickly. Anyone who wants to trade cryptocurrencies or gift cards can do it in only two easy steps, regardless of skill level.
- 24/7 Customer service: Round-the-clock customer support service for customers isn’t new to the company. The FUREX 24/7 customer support team is highly trained and equipped to handle customers’ complaints and enquiries at any time of the day. This demonstrates a positive commitment to customers in an industry where this particular organisational trait is seriously lacking.
Notably, if there is one thing, the crypto industry has going for it, it will be financial inclusion. Many Nigerians, particularly those living in rural areas, are excluded from traditional banking services. Cryptocurrency provides a way for these people to access financial services and participate in the global economy.
FUREX is an innovative technology-driven company building industry-leading products that offer crypto-to-crypto swaps, allow consumers and merchants to deposit their coins, and buy/sell digital assets like bitcoin, Ethereum and gift cards on secure and easy-to-use interfaces.
The new, My Furex App and website automate the buying and selling of different digital assets, cater to existing users, and onboard new ones.
Working with some of the biggest names in the Nigerian entertainment space, like Josh2Funny, Isbae U, Isoko Boy and others, the FUREX also launched a waitlist that allows users to redeem a $10 gift prize and other welcome offers.
