Top 5 Problems Cash-in App Solves for Nigeria’s Crypto Community

guardian.ng:

If you are a crypto user in Nigeria, then one thing you are regularly in need of is to convert your crypto into naira. Most importantly, you need the conversion done fast each time, and almost in auto mode, so that you can continue your other daily activities seamlessly. And this is what Cash-in App offers you.

Based on volume of transactions, the crypto community in Nigeria is the second largest in Africa behind South Africa, and it is unarguably the most vibrant on the continent. According to Yahoo Finance , 1 in 3 Nigerians say they have once used one form of crypto or the other. Compared to the 10% of South Africans who hold crypto as reported by Further Africa , Nigeria definitely has the most vibrant crypto community on the continent. This is evident in the country’s youth population who are bent on investing into and using digital currencies, as energetic participators in the emerging digital economy.

Although P2P and OTC platforms are popular in Nigeria, they are riddled with a lot of problems related to security and poor user experience. However, Nigeria’s crypto community has had no choice than to continue using them, until recently when Cash-in App was launched to bring automated crypto-to-naira service to the community.

Cash-in App is an automated crypto-to-naira app that instantly pays out naira equivalent to user’s local bank account immediately crypto is detected in the user’s designated Cash-in address. 

Here are top 5 problems that Cash-in App solves for Nigeria’s crypto community:

Since OTC platforms are analog in how they operate, users often have to wait for a while after depositing their crypto before they can get paid the naira equivalent.

But Cash-in has solved this problem