As the price of Bitcoin has skyrocketed past 40,000 USD in recent times, most Nigerian traders are flocking to this cryptocurrency. With wild daily price fluctuations, Bitcoin and similar digital currencies like Ethereum, Litecoin, and Ripple are prime targets for day trading.
While banks and other financial institutions are restricted in Nigeria from trading in cryptocurrencies, cryptocurrency is not illegal, but it is unregulated. The cryptocurrency regulatory challenge may be ascribed to a lack of understanding of how cryptocurrency works and how criminals are beginning to use it. However, brands like Pandar are committed to ensuring their users access problem-free crypto trading on their platform.
Pandar was initially launched as a digital wallet to enable users and traders to make bill payments and trade Gift cards. Nonetheless, the newest updates on the mobile app now allow its users to trade digital currencies instantly and with no additional costs, amongst other unique updates. The Nigeria-based company offers users essential tools for changing various digital coins, for instance, Bitcoin, Ethereum, Litecoin, USDT, etc.
Why choose Pandar?
Excellent Security: Bitcoin and other cryptocurrency transactions are difficult to trace. Once you initiate a transaction between wallets, it’s virtually impossible to cancel or get your money back. Due to the decentralized nature of the blockchain, it’s also tough to tell who owns which wallet.
Nevertheless, companies such as Pandar are dedicated to connecting you to a wallet without hassles easily. An unauthorized transaction from your exchange could have gone down the street or to Australia — there’s no way to tell exactly who’s responsible. This somewhat makes cryptocurrency the perfect avenue for criminals, hackers, and scammers. However, all security protocols are checked with the Pandar app, and all risks are reduced by nearly 90%.
Real-Time Price Update: Pandar shows you real-time information on cryptocurrency prices. Any exchange will feature this information, but having an all-around app can also be beneficial. Cryptocurrency markets are moving, and it’s possible to lose a single coin by 25%. Keeping your finger on the pulse of the cryptocurrency market means up-to-date, minute-by-minute information because crypto data becomes obsolete faster than information on stocks or fiat currencies.
Whether you want a comprehensive cryptocurrency trading platform or a simple tracker that lets you know how your favorite coins are doing, look for real-time data and information. This ensures that you’re not using outdated information to inform your trading and investing decisions.
Overall Efficiency: Pandar aims at constantly improving its user experience by reducing fees, releasing new features, increasing overall efficiencies, simplifying the verification and trading processes, and offering top-notch customer support. The platform’s mobile-first interface is straightforward to figure out and use, making it ideal for first-time traders.
Live Chat and Trading Support: With Pandar, you enjoy an average chat response time of fewer than 46 seconds. One of our favorite features of the Pandar app is their ability to provide assistance and resolve issues immediately.
User-friendly interface: Pandar is designed for beginner and experienced traders alike. Its user-friendly interface is easy to use for first-time users.
Pandar mobile app is available on the Apple App Store and the Google Play Store.