While on my search, I stumbled on Cryptonia, a stablecoin-to-naira exchange platform. Since then, her story has been different!
You might be wondering what the big deal is there. Apparently, P2P is already solving that problem. Plus, a handful of other platforms are also doing the same.
Well, not for my Gracy. She has what Nigerians call “trust issues.” Lol! (She will definitely skin me alive when she sees this.)
I don’t blame her. Not anyone! Why? Because online scams are a thing in this space, and Gracy has had her fair share of them. Hence, she can not gamble her first Web3 job payment with a random person or an unverified WhatsApp vendor.
Just like Gracy, many Nigerians working in the Web3 space or receiving payment in stable coins face these same challenges.
They are skeptical about P2P transactions.They’re worried about using unverified websites and platforms.New to crypto, got their first payment, and don’t want to lose it to scammers.OG in crypto but tired of lag in transactions and complicated UI/X.Or they just want more security with a competitive exchange rate.The good news is that Cryptonia effortlessly solves these and many of your other pain points.Cryptonia is a stablecoin-to-naira exchange platform that makes it easy for anyone, including remote workers, freelancers, and even businesses in Nigeria, to convert USDT/USDC to naira. If you own a stable coin in any chain, you can effortlessly convert it to Naira and have it in your local bank account within minutes.
Since its launch, Cryptonia has helped over 2,000 users receive USDT/USDC payments and convert to Naira. The idea is to help individuals and businesses earn globally and spend locally.
Features of Cryptonia1. Fast Transaction.I call it the OPAY of crypto! Cryptonia solves a valid pain point, and that is making the exchange of stable coins to naira super fast! Regardless of the amount you are trading, you can log in from anywhere in Nigeria, swap USDT/USDC to Naira, and receive your funds. Then, branch off to the market and get some groceries!
Cryptonia is in partnership with Block Radar, a trusted crypto wallet management platform. Additionally, Cryptonia is equipped with industry-standard security features, including:
Option to set your password.Enable your device biometric.Complete KYC via Email and BVNAnd a Zero Holding Policy.Regardless of the network you are holding your stable coin in, Cryptonia has you covered. The platform supports multiple blockchain networks, including ERC-20, BEP-20, SOL, and TRX.
Cryptonia features an easy-to-use interface. It feels like your regular social media. Plus, the gold and black color gives this feeling of elegance. Just with a few taps, you are already logged in, set up your security features, and trade your tokens for Naira.
With Cryptonia, you are getting the best value for your digital assets. Plus, there are no hidden charges, no surprises. The fee structure is upfront and fair, so you know exactly what to expect before every transaction.
Step-by-step Guidelines for Setting Up Your Cryptonia Account2. Sign up with your username and an email. Then, set your password.
3. Receive and enter a confirmation OTP, and boom! Your account is set!
To swap your USDT/USDC for NGN, simply:
Select the stablecoin you want to sell.Choose the network for the transaction.Enter the amount you want to exchange.N.B: Cryptonia calculates how much you’ll receive in your Naira account based on the market rate in real time.
Step 2: Choose where to receive your NairaOnce you click on the exchange button, you will be prompted automatically to add your preferred naira bank account to receive funds.Cryptonia supports your favorite Nigerian banks.Note: Cryptonia operates a zero-hold policy. Meaning they never keep your funds.
Within seconds, the Naira equivalent will be credited to your bank account.
Yes! You can now order that Egusi and pounded yam you’ve been postponing all this time.
If you are still worried, then you should check out the consumer reports. They are your number one clue to download and use Cryptonia today! Thousands of Nigerians are already reaping the benefits of Cryptonia. And that’s because the platform makes life easier for them.
Secondly, Cryptonia was built by a Nigerian for Nigerians. Oluwasanmi Timilehin, the CEO of Cryptonia, after trading crypto over the counter (OTC), saw firsthand how difficult it was for hardworking Nigerians to convert their crypto to naira. So, the team understands your pain points and is constantly building to solve them.
Finally, Cryptonia is supported by top industry leaders! As a proud member of the Circle Alliance Program, Cryptonia joins a global network committed to advancing financial inclusion and making digital payments more accessible for everyone.
The Web3 space is full of innovation. And I trust the team to be working on new features and capabilities.
I asked my friends what they think about Cryptonia, and most of them want the possibility of converting more than stable coins.
For now, let’s continue to enjoy fast, reliable, and secure conversions on Cryptonia! Remember that Cryptonia is active 24/7, and you can access customer support via the website, mobile app, or email.
Download the Cryptonia app TODAY on Google Play Store or App Store to swap USDT/USDC to NGN for free.For more inquiries:
How To Convert Your USDT/USDC To Naira Using Cryptonia (The OPAY of Crypto) was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.