BitStake is a new crypto technology set as the first digital currency banking platform in the world that can be used in making digital transactions by using bitcoins and other cryptographic currencies.
With BitStake, users will be enabled to purchase a bitcoin with Naira, the local currency of the country, and the transaction will be done on a real time trading platform. Users will also be given the chance to trade the bitcoin for their local currency and this will provide fresh opportunities for those people who live in Nigeria. BitStake is also primarily designed to permit frictionless transactions for receiving and sending funds in and outside of the country. BitStake will be used as an instrument in making all Africans aware of the benefits of Bitcoin and the other digital currencies available. BitStake aims to build connections with the external communities which are solely focused on the cash based systems and are not used to common crypto currencies.
“For so long, Nigerians and Africans in general have been cut off from the advanced financial technology. With Bitcoin, we have a chance to connect with a global network of decentralized payment system with instant deposit to anyone across the world.” David Ajayi, Co-founder Bitstake said.
BitStake can be used in sending and receiving money instantly by just doing it online or through SMS. There is no need to stay connected to the internet but everything can be done with only a phone signal.
Currrently in beta stage, you can visit BitStake for more information.
