Afrigather As a part of the transition, the corporate has outlined that customers could have continued entry to asset withdrawals for the subsequent three months. Moreover, buying and selling can nonetheless be performed by means of BuyCoins’ Over-the-Counter (OTC) service through Desk.
“We genuinely admire your understanding and cooperation throughout this era. We perceive that modifications like these will be inconvenient, and we’re dedicated to helping you in any means we are able to to facilitate a easy sunsetting course of,” the corporate stated in keeping with native stories.
BuyCoins Africa initially launched with a single app in 2017. Nonetheless, it remodeled into Primary and Professional variations, the Primary model catering to purchasing and promoting (investing) in digital belongings, whereas the lately closed Professional model was tailor-made for superior technical merchants.
Buycoins, previously often known as Bitkoin, is a peer-to-peer Bitcoin buying and selling platform established in 2017 by Timi Ajiboye, Ire Aderinokun, and Tomiwa Lasebikan. The platform was created to supply Nigerians with a safe and simple means to purchase, promote, and retailer cryptocurrencies.
In 2021, the change and its whole suite of merchandise had been introduced beneath the umbrella of a brand new father or mother firm named Helicarrier.
Throughout the rebranding in October 2021, Helicarrier included 5 distinct merchandise:
- BuyCoins: A platform designed for getting, promoting, and storing cryptocurrencies
- Professional: A platform tailor-made for superior crypto merchants, providing options comparable to an order ebook, quite a lot of foreign money pairs, and instruments for swift buying and selling on the go
- SendCash: A platform facilitating crypto-powered remittances
- SendCash Pay: A set of developer instruments empowering customers to combine borderless fee experiences into digital merchandise
- NGNT (Nigerian Naira Token): A digital foreign money pegged to the Nigerian Naira
See additionally
In 2021, Buycoins made the step to fully collateralize NGNT with USDC, as crypto service suppliers sought alternate options when the Central Bank of Nigeria banned banks from facilitating any cryptocurrency transactions.
