BuyCoins Africa traded about $26 million in 2019. So far, it has quarupled this figure.
BuyCoins Africa allows Nigerian users to buy and sell cryptocurrencies either directly from the exchange itself, or from other traders on its P2P platform.
The exchange has been releasing new products and product features throughout 2020. Some of these include:
SendCash – A new innovative product enabling Nigerians to easily send and receive bitcoins right into their bank accounts instantly with no signup process
USDC Stablecoin support – The ability to buy, hold, an sell USDC on the BuyCoins app within minutes
Naira Token (NGNT) Support – A reedemable stable cryptocurrency protecting platform users from cryptocurrency volatility which is pegged 1:1 with the Nigerian Naira
The exchange has also been educating its users on how to use crypto to either purchase or subscribe to services that may not otherwise be accessible to Nigerian users thereby introducing its services and exchange to a new crop of users.
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