Coinazer, a Nigerian Web 3.0 crypto exchange platform has broadened its presence by expanding to Brazil.
The company announced that the expansion plan was to position itself as a globally recognized leader in digital remittances and blockchain-based financial services.
Speaking on the company’s expansion to Brazil, CEO of Coinazer Achigonye Joh Paul said,
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“Coinazer global footprint has expanded to Brazil, which is a significant step in our efforts to reach a broader audience. We have forged partnerships with over 40 key players in the blockchain and Fintech industries.
“These partnerships enable us to enhance our services, expand our reach, and collaborate with like-minded organizations dedicated to advancing financial exclusivity. Coinazer’s expansion strategy extends beyond Nigeria and Brazil, as we aspire to become a globally recognized leader in digital remittances and blockchain-based financial services”.
Coinazer is reported to have clocked 5,000 customers and has facilitated over $3.8 million worth of transactions.
Founded in April 2022 by CEO Achigonye JohnPaul, alongside Egbuonu Ikenna, Malachi Chidera, and Nnaji Joshua, Coinazer is on a mission to empower individuals and businesses by providing them with secure, seamless, and cost-effective access to the world of cryptocurrencies and blockchain technology.
The crypto exchange wallet is designed to give users full control over their digital assets, while Coinazer provides a platform for users to buy, sell, and trade a wide range of cryptocurrencies.
Coinazer offers a crypto payment Gateway, Peer 2 Peer trading, Swap Farming, Exchange, Mining Investment, Conversion of crypto assets to cash, easy-to-integrate payment link, as well as structured API documentation for developers.
Currently, it supports more than 20 crypto assets, running on 18 different blockchain networks and offering low transaction fees.
Coinazer’s vision extends beyond itself, the company envisions a world where everyone has the opportunity to participate in the global financial landscape with confidence and control, including the seamless settlement of remittances, both locally and internationally.
While many crypto wallets and exchanges have high fees, transaction failures, and limited accessibility, Coinazer aims to be the opposite of that. It wants to reduce fees, enhance security, and increase accessibility and reliability.
Coinazer’s competitive edge lies in its commitment to addressing the identified market gaps and providing a holistic solution that combines the benefits of blockchain technology with financial inclusivity.
As the African digital remittance market continues to grow, Coinazer is well-positioned to capture a significant share of this expanding market by offering secure, efficient, and cost-effective remittance services
The crypto exchange platform initially secured funding from an angel investor, and is now in the pre-seed phase, with plans to further develop and expand its offerings.