There is no doubt that the global financial system is gradually shifting from what it has always been, which is usually the traditional fiat form to a more robust and sophisticated system in cryptos, popularly Bitcoins.
Although facing stiff regulation in some countries in Africa, and totally prohibition in others, Bitcoin has continuously risen above these challenges to emerge as a popular payment tender globally.
In fact, a recent report indicated that there are five crypto companies on the list of the top ten most prominent Fintech organisations in 2022. This goes far to show the level to which cryptocurrency is taking over the fintech space.
The Bitmama App, is one of those innovations that is offering traders of bitcoins and other popular coins a platform to buy and transfer coins within Nigeria, Ghana and Kenya.
The App allows you to buy, sell and swap Bitcoins (TC), Ethereum, Celo, USDT, XRP, Usd Coin (USDC), Stellar Lumens (XLM) and other cryptocurrencies instantly with an easy-to-use and user-friendly crypto app. Also, it facilitates these trades with the Nigeria Naira (NGN), Ghanaian Cedis (GHS) and Kenyan Shilling (KES).
Related story: Bitmama launches first African physical crypto cards for in-store payments
About the Bitmama app
The Bitmama app is a cryptocurrency app designed to facilitate crypto trading between countries. It also helps convert these cryptos to US dollars and helps you spend it online or at any retail location with the Bitmama crypto card.
Apart from buying and transferring cryptos, the platform also facilitates swapping of one crypto for another easily. Seamlessly, Bitcoins can be converted to Ethereum, Tether or even another cryptocurrency instantly.
It further supports purchases of bitcoins and other cryptos with fiat currencies on its P2P feature.
The app is 17MB in size and requires an Android 5.0 OS and up to function.
Owning an account is relatively simple on the app. With an automated set of sequential instructions, any user can go ahead to register and login in the space of 5 minutes, just like I did though.
All that is required, is that you input your name, email address, phone number and finally a One Time Password (OTP).
The OTP is meant to verify the whole process and is sent twice to the email address provided and the phone number. The app has had over 10k downloads.
The app design is simply simple and exquisite, with a colour blend that matches the country you are operating in. From my experience, the landing page offered me an introspect into all I needed to see and click on at any point.
Interacting with the app is not so difficult as it doesn’t contain unnecessary features and images that might cluster it. Just a show of the daily forecast of prices of bitcoin and major coins and other features you can use the app for,
Read also: Blockchain Payment startup, Bitmama raises $2m pre-seed funding
Bitmama offers more than just crypto trading
Apart from its major value proposition of allowing users to buy and sell their cryptos seamlessly on its platform, the app further allows its users to buy, sell and trade bitcoins and other cryptos with fiat currencies (your local money) anytime on the P2P crypto app.
Furthermore, it allows users to buy cryptos and pay later. Users have the opportunity to secure loans without collateral from Bitmama to buy Bitcoins, Ethereum and Celo and pay back in 30 days.
Another way users can make money through the app in a passive way is to refer people to use the apps and gain when those referrals use Bitmama to trade in the next three years.
Finally, what we think about the app
The app doesn’t fall short of what it actually offers, being a major crypto exchange and facilitator of funds around the crypto space in these three major countries in Africa.
The app is easy to use and possesses a simple colour blend design that works with any personality and identity. Its customer relation is also top-notch with various channels open to communication in case of any difficulties in establishing an account.
Lastly, the app is secured for trading with its double verification process of users’ identity, phone contact and email address. If you are looking to have a crypto app in no distant time, Bitmama would definitely be one to recommend.
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