Coinazer, a Web 3.0 cryptocurrency exchange tool based in Nigeria, has expanded to Brazil. The crypto company said that the expansion aims to make the company a world leader in digital money transfers and blockchain-based banking services.
Coinazer was started about 18 months ago by Achigonye Joh Paul (CEO), Egbuonu Ikenna, Malachi Chidera, and Nnaji Joshua. When asked about the company’s move to Brazil, Paul said, “Coinazer’s global footprint has expanded to Brazil, which is a significant step in our efforts to reach a wider audience.” We’ve teamed up with more than 40 major players in the fintech and blockchain businesses.
Coinazer, which has over 5,000 customers and has processed over $3.8 million in transactions since April 2022, aims to give individuals and businesses a secure, seamless, and affordable entry into cryptocurrencies and blockchain technology. The crypto exchange wallet gives users complete control over their digital assets, while Coinazer lets them buy, sell, and trade many cryptocurrencies.
The firm offers a crypto payment gateway, peer-to-peer trading, swap farms, exchanges, mining investments, crypto asset conversion to cash, an easy-to-integrate payment link, and structured API documentation for developers. It supports 20+ crypto assets, 18 blockchain networks, and minimal transaction fees.
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Expansion effects on Coinazer
Coinazer has a bigger vision than just its own business. It wants to create a world where everyone can confidently and efficiently join global finance, including securely sending money to family and friends across borders.
“These partnerships help us improve our services, reach more people, and work with groups that share our goal of promoting financial exclusivity.” “Our goal is to become a world leader in digital remittances and blockchain-based financial services,” the CEO said. “Coinazer’s expansion plan goes beyond Nigeria and Brazil.”
Many crypto wallets and platforms have high fees, failed transactions, and are hard to get to. Coinazer wants to be the opposite of those things. It wants to lower fees, make things safer, make things easier to get to, and make things more reliable.
Coinazer’s main selling point is that it wants to fill in the gaps in the market and offer a complete solution that blends the benefits of blockchain technology with financial inclusion.
Additionally, the African digital money transfer market is growing, and Coinazer is ready to grab a big piece of this market by providing safe, quick, and low-cost money transfer services.
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With help from an angel investor, the crypto exchange site started and is now in the pre-seed phase, where it plans to improve and add to its services.
Coinazer was founded in April 2022 by CEO Achigonye JohnPaul, Egbuonu Ikenna, Malachi Chidera, and Nnaji Joshua to enable individuals and organizations by providing them with access to the world of cryptocurrencies and blockchain technology that is safe, easy, and within their price range.
