Naijacrypto
Nigeria
Founded in
01 Apr 2019 (7 Years)
Founded
Last online: No recent activity
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OVERALL SCORE
Licenses
--/40
Reviews
32/60
11 reviews
Provided by TrustFinance
OVERALL SCORE
Licenses
--/40
Reviews
32/60
11 reviews
Provided by TrustFinance
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Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Company Information
Company Information
Get to know Naijacrypto
Founded in 2019 by Chiagozie Iwu, Naijacrypto positioned itself as a comprehensive cryptocurrency exchange for Nigeria and the broader African continent. The platform offered spot trading for various cryptocurrencies against the Nigerian Naira (NGN), a peer-to-peer (P2P) marketplace, and wallet services. Its mission was to drive crypto adoption in Africa by providing an accessible and user-friendly platform. However, following regulatory challenges in Nigeria and operational difficulties, the platform ceased operations in early 2022. Subsequently, the US-based remittance and crypto company Afriex acquired Naijacrypto's user base to expand its own footprint in the region.
Industry
- Crypto ExchangePRIMARY
- Crypto Cryptocurrency
- Financial Other Service
Contact
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Social
Reviews
Highlight Review
Review Analytic
A
luckyangel978
Direct
Excellent
Overall Thought
"Exceptional cryptocurrency app! It provides real-time market data, seamless transactions, and a user-friendly interface. The variety of supported coins and the secure wallet options are impressive. It's a must-have for crypto enthusiasts, simplifying trading and investment while keeping assets secure."
Aug 23, 2023
Eriminuoluwa David Orolugbagbe
Direct
Excellent
Overall Thought
I recently used Naijacrypto, and I must say that I'm really impressed. They provided me with excellent customer service, answering all of my questions and taking care of any problems I might have had. Knowing that help is close at hand is reassuring. The extensive and varied product and service offerings of Naijacrypto appeal to both novice and seasoned traders. The variety of cryptocurrencies that are available for trading is astounding, and navigating through them is simple because to their user-friendly interface. I was really grateful for the educational tools they provide, which improved my trading knowledge.
Aug 15, 2023
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