There are many platforms that allow customers to buy, sell and store crypto.
Others keep coming up with a promise that they will do things differently. And for the most part, they bring something new to the table, ranging from features such as speed of transaction to managerial prowess.
One of the new members in the space is Topit, a new company that went live just the other month (April 2021). It states that is it the ‘fastest and easiest way to buy, sell and store cryptocurrency at low fees and competitive rates.’
Is that all though? Obviously not, because we managed to gain more insights about the company’s operations, and what it seeks to achieve in the crypto space.
It is a fintech startup, on a mission to build a new financial system for the African continent.
According to the company, its ‘aim is to enable Africans to take part in the new financial system, which is borderless, efficient, open-source, decentralized, lacks middlemen and gatekeepers, and has no hidden fees.’
Topit says that its goal is to empower users to securely, seamlessly, and safely buy, sell, hold/store and transfer some of the leading digital assets. Bundled with what it calls ‘fair’ pricing, Topit aims to further push for financial inclusion for all Africans.
Currently, Topit is in Kenya, Nigeria, Rwanda, and South Africa. It is also currently expanding to Botswana, Zambia, Cameroon, Lesotho, Malawi, and Ghana.
It has also processed over KES 100 million worth of crypto transactions in Kenya and Nigeria alone. Lastly, Topit has 10K registered users in the two countries. About 2000 of them are active traders.
Crpto Currencies Offered, and Others
At the moment, Topit only offers four cryptocurrencies: Bitcoin, Etherium, BUSD, and BNB. In a month’s time, it will offer more than 20 other coins.
The platform’s smartphone apps are in development, and should be hitting stores for both Android and iOS users very soon.