Press release
Press release. In the face of the overall negative attitude of financial regulators towards digital assets, P2P marketplaces have become the platform of choice across Africa. As the world leader in P2P cryptocurrency exchanges, Kenya has attracted the attention of many P2P exchange service providers. BitPapa is one of them, and it has recently entered the Kenyan crypto market.
As a global P2P marketplace operating around the world, BitPapa has been offering cryptocurrency trading services since 2018, only shortly before it entered the highly lucrative Kenyan cryptocurrency market.
Thanks to BitPapa, users can now trade their bitcoins (Ethereum, TON, Monero and USDT) for Kenyan shillings in a safe and secure P2P environment. Through a website, mobile app or Telegram bot (unique among crypto trading platforms).
Ease of convenience for users through a simple registration with an email address. No ID verification or confirmation is required with the phone number. Users can start trading immediately after activating their account by following the link sent to their email. There is no limit to how much a user can trade per day, even if they remain unverified.
On the BitPapa platform, there is a policy that instructs all account users to be treated fairly and equally. The friendly and knowledgeable support staff is available round the clock to resolve any issues or queries.
The market always protects trades on the platform, whether the user is a buyer or a seller. When a user buys cryptocurrency, BitPapa can assure them that the seller will go through with the deal. The purchased cryptocurrency is locked in escrow, which prevents malicious merchants from manipulating the user. If the seller does not issue the coins after payment, the user can initiate a dispute, and then the market intervenes.
For sellers, coins are issued only after payment has been received, and the burden of proof is on the buyer. Therefore, the buyer has to prove that the buyer has transferred the payment to the seller as per the details given.
A trade is either transacted, and the counterparties receive their due, or it is canceled with no one losing anything.
It is not uncommon to use P2P marketplaces as remittance services. Internal transfers at BitPapa are instant and free, and a user can use them to send coins from one user to another. All wallet addresses remain the same – BitPapa knows which one belongs to the market and automatically differentiates between internal and external addresses.
apart from this, with powerful telegram bot, users can create BitPapa codes and pass them on to their friends or customers. People can redeem these codes on BitPapa to top up their balance on the platform at no cost.
Now that BitPapa has launched in Kenya, the competition in this market is heating up. Cryptocurrencies have excited Kenyan users around the world, and BitPapa aims to be their platform for crypto exchanges and trades.
This is a press release. Readers should do their due diligence before taking any action regarding the Promoted Company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss that is alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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