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According to Coin Dance, Nigeria is the fifth country where Bitcoin is most commercialized in the world, with an average of 6.9 % of global trade during the month of August 2019. This phenomenon has multiple causes, one of these is that the average nigerian, doesn't trust its local currency to protect its savings, due to the fact that Naira (NGN) has historically had an unstable behavior, which is why a good part of society has decided to take refuge in their savings in currencies and international assets that are much safer.
In the last 5 years, Bitcoin and other cryptocurrencies have taken center stage, promoting a significant increase as a savings and profit option within Nigerian society, which clearly explains why this country occupies the fifth position among the countries that have a higher volume of Bitcoin in transaction.
The most interesting thing is that Nigerian society is constantly in search of new opportunities and solutions, an example of this is currently many Nigerians, especially young university students who are they selling their your most popular gift cards such as: Google Play, Amazon, iTunes , Nordstrom, etc., to cryptocurrency exchange and especially Bitcoin, this is how they make a strategic move to make a profit through the fluctuations of the cryptocurrency market, a discipline better known as Cryptocurrency Trading. As an addition, they have discovered that buy Bitcoin with gift cards they can make a better profit than buying them with national or international fiat money.
This is why many companies that provide cryptocurrency exchange services have focused on Nigeria, have been able to notice this new trend and mode of trading of gift cards in exchange for Bitcoin is becoming increasingly popular in Nigerian society, a situation that leads to an important question: Which of these free-market cryptocurrency trading companies (Peer to Peer) offers better benefits respect to the sale of gift cards in Nigeria?
To get this answer we have collected 5 keys that explain why CoinCola is the best place to sell gift cards in Nigeria?:
- Trade gift cards for free: CoinCola currently provides the possibility to trade for free within its web platform and mobile application, as long as the amount does not exceed 0.5 BTC per day, no platform in the field (of the competition) offers this option.
- The best cups for the sale of their gift cards: Many of the buyers are Chinese, and since the Chinese cannot buy international popular gift cards due to local policy issues, these gift card buyers are often Willing to pay a higher premium for the Nigerian citizens' gift cards, you will probably not find this option at any other place of exchange.
- The most complete trading App on the market: There is nothing you do from a web platform that you cannot do from the CoinCola mobile application, it is completely comprehensive and efficient, there are even those who claim that they prefer to trade from the App that from The Web Platform, this is completely useful for people who have easier access to a smart mobile phone, than to a PC computer. Also, in terms of people's mobility, it is more convenient and timely to trade from a mobile phone. It should be noted that most companies in the field of gift cards and cryptocurrencies do not have a mobile application to offer their users, or their applications are quite incomplete as they cannot be traded within them, they only function as a verification tool for identity.
- The best user experience within the crypto-market: CoinCola stands out not only for offering the most comprehensive mobile application on the market, but also providing the best interface, and what does this mean? It simply has the most intuitive, easy and friendly software or user experience in the cryptocurrency exchange market. It is something that you can experience both on your website and in the mobile application, in addition, the CoinCola communications team has created a complete user guide so you can learn to operate and manage both your cryptocurrencies and your gift cards. These guides and tutorials can be found by clicking on the following link: https://coincolahelp.zendesk.com/hc/en-us Check today how easy and intuitive the CoinCola interface is.
- Ease of identity verification exclusive to Nigerians: One thing CoinCola is famous for is a soft KYC approach. In Nigeria, where many people do not have the identification they need to register on other websites or open a bank account, CoinCola finds creative ways to allow Nigerian people to prove their identity.
These are some of the reasons that tell us that CoinCola is the best option when it comes to selling gift cards, but it is important that you know that with CoinCola you can do many more things, since not only can you convert your gift cards into cryptocurrencies , you can also convert them into national and international fiat money.
Marcelo Durán