In a strategic transfer geared toward fostering cryptocurrency adoption in Nigeria, Apex Community, a distinguished monetary servicing agency, has solid a groundbreaking partnership with the scholars of Lagos State College (LASU).
The collaboration, introduced on the annual Lagos Block Pageant held final week, presents progressive options and companies designed to reinforce the crypto buying and selling panorama within the nation.
As a part of their dedication to elevating consciousness and celebrating the latest rebranding of their platform, Apex Community launched model 3.0, delighting attendees on the Lagos Block Pageant with a slew of useful freebies.
Apex Community is already famend for its user-friendly, safe, and swift cryptocurrency buying and selling platform. It focuses on facilitating not solely crypto buying and selling but additionally the sale of present playing cards at aggressive charges, together with the seamless processing of invoice funds.
Mr. Gbenga Ogunbiyi, the Advertising Lead at Apex Community, defined how the most recent platform model has ushered in a bunch of latest and thrilling functionalities. “With the brand new model,” he stated, “customers can effortlessly purchase crypto with naira, conduct crypto swaps, pay payments, renew their DSTV, GOTV, and Startimes subscriptions proper from their cellular gadgets, and provoke peer-to-peer fund transfers to family and friends.”
One exceptional function of Apex’s up to date platform is its functionality to allow fund transfers to accounts held by recipients who even have accounts with Apex Community. This innovation streamlines monetary transactions and presents customers better flexibility.
Cryptocurrency, the progressive digital or digital type of forex secured by cryptographic expertise, has witnessed exponential development in Nigeria. Excessive inflation charges and forex depreciation have pushed extra Nigerians in direction of crypto investments, and the pattern exhibits no indicators of slowing. Common cryptocurrencies like Bitcoin, Ethereum, Tether, Cardano, and Litecoin have garnered rising curiosity and investments.
A latest report by Chainalysis, a distinguished New York-based blockchain analysis agency, highlights the numerous development of cryptocurrency transactions in Nigeria. It reveals that between July 2022 and June 2023, the nation skilled a year-over-year improve of 9 %, with a complete quantity of transactions amounting to $56.7 billion.
Remarkably, Nigeria is one in every of solely six nations inside the high 50 by international transaction quantity to exhibit year-over-year development through the research interval. The report underlines the nation’s rising embrace of cryptocurrencies as a response to financial challenges, emphasizing the ever-increasing significance of safe and user-friendly platforms like Apex Community.
This strategic partnership between Apex Community and LASU college students is poised to bolster the accessibility and attraction of cryptocurrencies inside Nigeria, fostering a thriving and dynamic digital monetary ecosystem.
The Apex Community, with its superior model 3.0, is on a mission to empower Nigerians with the instruments and alternatives they should harness the total potential of the cryptocurrency revolution.