NairaEx a Nigerian Bitcoin exchange has been launched. The platform targets new Bitcoin users even though experienced Bitcoin users can also use the platform.
Disrupt Africa reported that NairaEx is unique for its easy verification system, getting users up and running to purchase Bitcoin within minutes after registering their account.
Describing Nigeria as the biggest remittance market in the world today, NairaEx team said they developed a payment request tool allowing users to accept Bitcoin payments to their NairaEx account directly. To start receiving payments, NairaEx users can share a payment link which includes their Bitcoin address. NairaEx offers this service free of charge.
“By accepting other e-currencies for bitcoin, we hope to tap into the popularity of those e-currencies to drive Bitcoin adoption in Nigeria,” said David Ajala, NairaEx founder.
