Jan Strandberg (CMO PAXFUL INC), Elliott Hoffman (COO PAXFUL INC), Ray Youseff (CEO PAXFUL INC), and Chimezie Chuta Coordinator Blockchain Nigeria User Group at Blockchain and Cryptotalk event in Lagos recently
In a bid to help people from different walks of life transact online without limitations and make money, Paxful launched Blockchain and Cryptotalk in Lagos.
Paxful CEO, Ray Youssef, said: “Paxful is a global marketplace for bitcoin where you can buy bitcoin with PayPal along with the standard payment methods. We solve a problem for vast amount of people that cannot transact online due to restrictions through a shared economy ecosystem where with over 300 methods to pay, users can turn almost anything into cryptocurrencies. People can start their own financial business and profit from selling. Our aim is to educate Nigerians on how to start their businesses and how bitcoin can help solve financial problems. Paxful bitcoin is a flexible tool to help you store money.”
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He continued: “Bitcoin is a way of sending money like sending an email. To use bitcoin, you need a wallet. You can use your bitcoin to buy things online from many websites that accepts bitcoin. The good thing is that you can sell your bitcoin to make profit. Also, if you have bitcoin in your Paxful wallet, you can withdraw in naira. On Paxful, you buy bitcoin from other people to add money directly to your wallet. Sellers list their ads to sell you bitcoin. You have the opportunity to pay for bitcoin in diverse ways. Some take gift cards, others use debit cards and bank transfers. Your fee is taken to get you bitcoin fast and privately. Paxful doesn’t charge you any fee for buying bitcoin. With the bitcoin revolution really taking to flight, it’s likely that there will be hundreds of people using this service.
We are completely reeling out our brand image and planning to open a Paxful office in Nigeria soon for easy interaction with our community. Our website is going through a complete redesign, and we have so far been focused on development but now is the time to start marketing and communicating with our users in the correct way. Paxful is not a lending platform. If you are a buyer, you are 100 percent protected. We verify and check all our sellers for safety, you can pay with confidence with 2-factor authentication, escrow, highest level encryption and professional audited security.”
Our biggest markets are currently in the US and Nigeria. However, we are seeing highest growth in Africa as we are bringing financial inclusions to many countries where people are largely unbanked or underbanked through blockchain-tech. The community of bitcoin users is fast growing and Paxful is here to ensure support to existing users and educate new entrants on the opportunities for entrepreneurs and individuals,” he added.
Source: G Business
