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Home Companies Corporate Updates

Naijacrypto adds multi-chain functionality to assets

This dynamism creates variety and helps users optimize fees and transaction speeds.

NM Partners by NM Partners
February 7, 2022
in Corporate Updates
Naijacrypto adds multi-chain functionality to assets
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Key Takeaways:

  1. Regarding the number of features and utilities available to users, Naijacrypto is leading among African-owned
  2. Users can now utilize cross-network utilities on their favorite
  3. Binance Smart Chain (BSC), Ethereum Network (ERC20), Tron network (TRC10 and TRC20), and waves are all fully functional on the
  4. New staking and loan options are also being made available. More features are coming soon

The financial applications of blockchain technology are becoming rather evident to the multitude interested in utilizing this fast-growing technology. Naijacrypto aims to be at the forefront of the adoption process of blockchain financial applications in Africa. Naijacrypto has continued massive development of new products in the past year, which has made its ecosystem of utilities the largest among African Owned blockchain companies.

Hence, it was no surprise when Naijacrypto announced earlier that it has also included a multi-network selection for its users. This addition now enables users to select among various blockchain networks when depositing or withdrawing their different crypto assets. This dynamism creates variety and helps users optimize fees and transaction speeds.

 

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The most affected asset is the Famous stable-coin USD Tether(USDT) which is heavy on its cross-chain presence. Users on Naijacrypto can deposit or withdraw USDT on the Binance Smart Chain (BSC), Ethereum Network (ERC20), and Tron network (TRC20). Other networks recently added on Naijcrypto are Tron (TRC10) and waves. Naijacrypto is also working towards adding other Chains such as Polkadot, Solana, and Cardano; therefore, users still have a lot to expect.

Naijacrypto also announced that it’s adding new staking plans on its web platform. This addition enables users to save in BTC or USDT while earning rewards. It also states that it would add more staking options in the coming days, focusing more on On-Chain protocols. Naijacrypto also informed users that it would be providing more Features to ease the fiat routing process and ease its planned expansion to more African Countries.

To use Naijacrypto, visit: https://naijacrypto.com/


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Tags: Naijacrypto
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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