Tuenti: Iphone App That Enables Nigerians To Trade Cryptocurrencies

6 min read

Tuenti is a cellular app that permits Nigerians to trade cryptocurrencies on the move. The app was created by Michal Handerhan and has seen immense success in Nigeria, providing over 80% of the country with access to online buying and selling.

What is Tuenti?

Tuenti is an iPhone app that permits Nigerians to trade cryptocurrencies. The app was launched in early 2017, and has since turn out to be one in all the most well-liked Sell bitcoin in Nigeria buying and selling apps in Nigeria. What makes Tuenti distinctive is its person-friendly design. Anyone can begin trading cryptocurrencies on the app without any previous knowledge or expertise. Tuenti additionally presents a variety of options, including news, chat, and market analysis. There are a number of the explanation why Tuenti has turn out to be such a popular trading platform in Nigeria. Firstly, it’s easy to make use of – even for those with no experience in cryptocurrency trading. Secondly, the app provides a variety of features and amenities, including news, chat, and market analysis. And at last, Tuenti is reliable – customers have persistently reported positive experiences with the app. Whether you’re new to cryptocurrency trading or you’re already an skilled trader, Tuenti is value contemplating as your go-to platform.

How does the Tuenti app work?

Tuenti is an iPhone app that allows Nigerians to commerce cryptocurrencies. The app was created in 2015 and has since attracted over 5 million users. So as to make use of the app, users must first create an account. After creating an account, customers can then begin buying and selling cryptocurrencies. The app also presents a wide range of other features, reminiscent of chat and newsfeeds. The Tuenti app has been praised for its consumer interface and convenience. Some reviewers have even compared it to Coinbase, certainly one of the most popular cryptocurrency exchanges online. One major draw back of the app is that it does not at the moment supply help for fiat currencies. Because of this customers can not trade fiat currencies for cryptocurrencies or vice versa.

What makes Tuenti totally different from different exchanges?

Tuenti allows Nigerians to commerce cryptocurrencies in a secure and secure setting. The app additionally affords a variety of options, including the ability to purchase and sell cryptocurrencies, perform transactions with fiat forex, and use peer-to-peer exchanges. What units Tuenti apart from different exchanges is its user-friendly interface. The app is easy to use, and it presents a variety of features, including the power to buy and sell cryptocurrencies, carry out transactions with fiat currency, and use peer-to-peer exchanges. Additionally, Tuenti is certainly one of the one exchanges that allow Nigerians to trade cryptocurrencies in a secure and safe surroundings.

How do you trade on the Tuenti Exchange?

If you're seeking to commerce cryptocurrencies on the Tuenti Exchange, here's how it really works: 1. First, download the Tuenti app from the App Store or Google Play Store. 2. Once you have installed the app, open it and sign in. 3. On the principle screen, click on on the "My Accounts" tab. 4. Under "My Accounts", you may discover your Tuenti account name and password. Enter these details to log in to your account. 5. In the "Exchange Profile" tab, you will see your entire energetic trades and balances. Click on the "Trades" button to view all your current transactions. 6. To start out trading cryptocurrencies, click on the "BTC/Nigerian Naira" (BNT) pair and choose the amount of BNT you need to purchase or promote. You too can use the search bar at the top of the display to search out particular cryptocurrencies. 7. After making your purchase or sale, click on on the "Submit Trade" button at the bottom of the screen to complete your transaction.

Who cannot trade on the Tuenti Exchange?

The Tuenti Exchange is the foremost alternate for buying and selling in cryptocurrencies in Nigeria. However, due to strict laws and licensing requirements put in place by the Nigerian authorities, not all Nigerians are able to trade on the Tuenti Exchange. To be able to trade on the Tuenti Exchange, it's essential to first have a sound checking account with a verified id. Additionally, you need to also meet certain age requirements and have a minimal balance of $5,000 worth of Nigerian foreign money in your account. Lastly, you should be registered with the Nigerian Financial Intelligence Centre (NFINSA). Despite these limitations, the Tuenti Exchange remains to be certainly one of the most popular exchanges for buying and selling cryptocurrencies in Nigeria. The exchange at present presents trading for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP).

Conclusion

Tuenti is an iPhone app that enables Nigerians to commerce cryptocurrencies. It's an excellent technique to get entangled within the cryptocurrency market and make some money, too! The app is simple to use and has quite a lot of options that make trading on it more comfortable. If you're focused on getting involved within the cryptocurrency market, Tuenti is a superb choice for you.

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