Nigerian P2P Bitcoin Exchange Offers Services to all African Nations




The Nigerian person-to-person (P2P) bitcoin exchange, Bitkoin.Africa launched on October 1st. The exchange currently only provides Nigerian user with full functionally, But claims to allow customers from "all other countries" to buy bitcoins.


Nigeria has become host to a P2P bitcoin exchange seeking to facilitate greater access to bitcoin throughout the African region. Bitkoin.Africa has been launched by a team of Nigerian developers including Timi Ajiboye.

The platform currently only allows Nigerian users to post listings to sell bitcoins, however, offers listings to buy to customers from "all other countries". The exchange provides wallet and escrow services and facilitates a range of payment methods via Paystack.
According to Techmoran, Ajiboye stated that "each Bitkoin Africa account comes with a bitcoin wallet that enables users store, receive and send bitcoin.
Bitkoin Africa transactions are carried out online and are facilitated by users' Nigerian bank account or Naira debit cards."

Timi Ajiboye announced the launch of Bitkoin.Africa via Twitter, posting that he and his team had 'been working hard on something for the past four months; a bitcoin exchange for Africa."  Ajiboye garnered international attention in 2016 for his and his partner's involvement in the development of Muslim condemn-a website which host "a collection of all the cases where Muslims have condemned wrongdoings done falsely in the name of Islam" in an attempt to prove a greater public platform for the sentiments of Islamic moderates.
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