At launch the platform is offering Bitcoin (BTC),Dogecoin,Litecoin and Tether (USDT) etc pairs for Naira.
Cryptocurrency exchange Nwacrypto.co has announced a new peer-to-peer trading platform launching Nov. 3, which allows users to buy digital currencies with zero transaction fees using Naira.
At launch the platform is offering Bitcoin (BTC),Dogecoin,Litecoin and Tether (USDT) etc pairs for Naira, with support for further cryptocurrencies promised soon.
Nwacrypto.co describes the platform as a marketplace for traders to make fiat-to-crypto transactions via escrow. Users may also utilize the most popular payment methods including Bank transfer,Bank Deposit, and NEFT,with the transaction fee of 0.25%.
Nwacrypto.co CEO Emmanuel muojeke told Tori.ng that the company had been studying the market keenly for some time. He noted that talks with the company’s foreign partners seem to indicate that a blanket ban would be unlikely to pass.