The international P2P fintech forum has attained an annual increase of 57% in the trading volume of Bitcoin and an annual increase of 83% for users based in Nigeria. According to Paxful review reports, the fintech platform has recently launched PaxNinja, the novel crypto educational center in Nigeria. The company is represented by the public and private sectors and the cryptocurrency users of Nigeria. The PaxNinja platform furthers the efforts of the company to improve knowledge about cryptocurrency and encourage its mass adoption. Today, the company is associated with ten members and headquartered at Wuse Central of Abuja, Nigeria.
The company’s core mission is to drive the adoption and trading of Bitcoin and other cryptocurrencies through education, training, and information among the masses. Paxful hopes that the local communities of Nigeria will be able to understand and use cryptocurrencies. Ray Youssef, the CEO and co-founder of Paxful, hopes that Nigerians will feel more empowered on receiving cryptocurrency education and training on the Paxful platform. According to him, Nigeria is one of the leaders of Bitcoin adoption and usage in the world, and the crypto power of Nigeria will improve more if business organizations start adopting crypto assets as well. Artur Schaback, the COO and co-founder of Paxful, added that it is the ultimate objective of Paxful to probe into the untapped potential and true value of cryptocurrency in Nigeria. For such an action, it is essential for Paxful to work at the grassroots level with crypto beginners and enthusiasts.
Paxful is easy to use and highly popular in Nigeria. Currently, the platform is associated with more than 1.5 million users. At present, Paxful is also focusing on educating the lawmakers of Nigeria regarding the acceptance of cryptocurrency in the country’s economy.