New Crypto startup, Cryptofully launches its global remittance product for the Nigerian Market.

September 10, 2020
·
2 min read

Send Money to Nigeria from anywhere in the world using bitcoin and with the best rates.

Today, crypto startup Cryptofully launched the early version of its payment platform to offer borderless remittances that allows fast, affordable and reliable exchange of value - from bitcoin to naira.

Cryptofully is a crypto trading and payment platform with the mission to make cryptocurrency simpler and more accessible, so that people can use it for everyday payments - remittances, bills, airtime and even business purchases. To begin on this journey, they  launched an early version today that is focused on remittance and offers a better experience in sending money to any Nigerian bank account from anywhere in the world within minutes. On this early version of cryptofully, anyone can easily exchange bitcoin for naira.

With the mission of simplicity, Cryptofully is targeted at not just people who are already very conversant with bitcoin and other cryptocurrencies but also new (curious bitcoin users); and so they intend to leverage a lot on education and community building, so as to ensure that new adopters of cryptocurrency find an easy and reliable home with Cryptofully.

How does it work?

  1. Enter the amount of money you want to send: Enter the amount of money you want to send (in Naira) and the bitcoin equivalent is calculated instantly..
  2. Enter recipient details: Enter the bank account details of the person you’re sending money to.
  3. Get wallet address: Cryptofully provides a unique bitcoin wallet address for your Nigerian bank account.
  4. Send money: Transfer bitcoin to the unique wallet address and the recipient will receive the naira value instantly.

Check out their Medium post to learn how it works in detail.

While the journey to full adoption of cryptocurrency in everyday payment begins with remittance to naira, over the next few weeks, the startup intends to roll out more interesting features like the Cryptofully wallet, Payments links, P2P transfers, Lending and much more. 
Follow Cryptofully on Instagram & Twitter  as they demystify the concepts of cryptocurrency and blockchain with their educational content.

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