As technology continue to evolve, other means of sending and receiving money around the world such that is safer and cheaper with cryptocurrency are also unfolding.
EasyShare; a fast, reliable, and super affordable way to send and receive money to anyone in Africa using crypto has officially launched it beta mode in Africa.
Speaking on the launch of the beta platform, Ben Onuoha Co-founder and Head of Partnerships & Community at EasyShare.Africa said, “Easyshare was born out of a lot of research.
“Bitcoin and Ethereum have definitely offered more people access to the global financial system — but African consumers have repeatedly told us that Bitcoin and Ethereum can still be way too expensive to use in many cases, and it is therefore, not necessarily the answer for the financial needs of all communities.
“More African Bitcoin and Ethereum users are increasingly using other cryptocurrencies which offer better value for money”
Onuoha added: “In response to consumer demand, we are solely focused on the ease of sending and receiving value through cryptocurrency, using the most affordable means.
“Our vision is to bring decentralized finance to low and middle income countries where remittances account for 5% or more of GDP and make these DeFi services more accessible.”
The threshold for sending and receiving money using crypto on EasyShare.Africa is capped at a maximum of US$2,500 per transaction and a minimum of US$1. Users can seamlessly send money to a mobile wallet or bank account using crypto in five easy steps.
EasyShare.Africa supports a wide range of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Tether (USDT ERC20) and other low transaction cost cryptocurrencies such as Binance Coin (BNB), Litecoin (LTC), Tether (USDT TRC20) and Tron (TRX). More cryptocurrency options will be added in due course.