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Paxful now accepts NGNT
It is with great pleasure that we announce our partnership with the international peer-to-peer cryptocurrency exchange Paxful. With the new feature, you can now pay for Bitcoin and USDT trades using NGNT.
Our Naira-backed stablecoin NGNT bridges the Naira with the advantages of digital currency, providing cryptocurrency traders, business owners, and developers with a means of transacting using the Naira on the blockchain.
Here’s what it means for you:
- Verifiable transfers: The NGNT transaction is publicly verifiable on the Blockchain, unlike bank transfers whose alerts can be forged. If a payment is confirmed and successful, you can see it for yourself.
- Compared to traditional banking and settlement houses, there are no dependencies. The confirmation of each NGNT transaction takes between 10 and 20 seconds.
- It is not limited how much NGNT can be transferred, so big trades can be completed easily and quickly.
- NGNT can now be redeemed outside the BuyCoins platform as a flexible currency.
NGNT can be obtained in the following ways:
- Go to buy.ngnt.org to learn more
- On BuyCoins, you can easily send NGNT to other partners’ wallet addresses once you made a deposit with Naira.
It is an exciting step forward for the NGNT community to collaborate with Paxful. We believe it will boost trading activity within Nigeria’s crypto ecosystem because it offers NGNT a variety of new opportunities and uses.