Naijacrypto, one of Nigeria’s leading cryptocurrency exchanges, has announced the launch of its new mobile app for IOS and android users. The release, which comes amid surging demand for digital currencies across Africa, will enable users to access various blockchain-based financial services with minimal effort. The new app features a simplistic layout, with a faster onboarding process and a more accessible homepage making it easier for users to execute trades on the exchange. Essentially tailor-made for speedy transactions on the go, the company believes the app’s ease-of-use will set it apart in Africa’s burgeoning crypto market
“The decision to create a more enhanced app was driven by increasing technological needs within the cryptocurrency space. We wanted to create an app that offers users swifter access to the same services offered on the website”, CEO Chiagozie Iwu announced during the unveiling.
According to data from Chainanalysis – a company that tracks crypto payments and provides blockchain-related data for institutions – Africa’s crypto-trading activity now features among the top 10 largest services on the continent by trade volume. As a result, on-chain cryptocurrency activity in Africa has risen from 67 percent in October 2019 to 78 percent in 2020, indicating an unprecedented surge in cryptocurrency adoption across the continent.