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Cryptocurrency/blockchain service provider, FUREX Technologies, has announced some key features users should look forward to in their soon-to-be-released P2P app.
According to the MD/CEO of FUREX technologies, Fure Eviosekwofa, “A 2022 report by Chainalysis reveals that Sub-Saharan Africa’s retail market and outsized usage of P2P platforms make it unique compared to other regions.
“Retail-sized transfers below $10,000 make up 6.4 per cent of its transaction volume, more than any other region. The role of retail becomes even more apparent when we look at the number of individual transfers. Retail transfers make up 95 per cent of all transfers, and if we drill down to just small retail transfers under $1,000, the share becomes 80 per cent, more than any other region.”
He said, “P2P exchanges account for six per cent of all cryptocurrency transaction volume in Africa, more than double the share of the next-closest region, Central & Southern Asia and Oceania. And no other market is as viable to launch a P2P product than Africa, with our unique needs and use cases.”
Eviosekwofa went on to list three features users should expect from the FUREX P2P App launching soon to include buy and sell crypto in two steps; 24/7 customer service and the best rates in the market.
He said the FUREX 24/7 customer support team is highly trained and equipped to handle customers’ complaints and enquiries at any time of the day. This demonstrates a positive commitment to customers in an industry where this particular organisational trait is seriously lacking.
This article is published by Crownprince, and only represents the author's personal opinion.
