Startups

bitkoin wants to be one online marketplace for bitcoins exchange in Africa

Bitkoin is a bitcoin trading online marketplace where individuals can buy and sell bitcoin, between one another in Africa.

Launched on October 1st with its head quarters in Nigeria bitkoin Africa aims to provide a way for Africans to exchange bitcoin, securely, conveniently and as quickly as possible.

The platform comes with an escrow service to ensure a secure transaction between the two persons involved which means with  bitkoin the need for communication between buyers and sellers isn’t necessary. even if you don’t trust a seller, bitkoin still got you covered and protected from fraud because a bitcoin that’s intended for sale and payments for a bitcoin are firstly deposited and held by bitkoin before any transactions takes place.

Bitkoin enables you to buy bitcoins with your debit cards (visa and master card) and when you sell, you get paid directly into your bank account as fast as 5 minutes.

With big competitors like paxful, coinbase and southafrica’s Luno already in place, everyone’s probably thinking it’s done to death, but the truth is “never underestimate a late entrant, they get to start by learning from all your mistake”

it’s still difficult for most people in African to still buy and sell bitcoin particularly in Nigeria where payment via digital and crypto currencies are yet to be adopted by major merchants.

Bitkoin is completely functional in Nigeria and partial(only buying) in other countries and will further expand in coming months. bitkoin won’t be only for bitcoin exchange, litecoin, ethereum and smashcoin are also comming.

 

 

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