Good evening everyone, I am @bait002, the founder of the offline minnow school. Just in case you do not know what the offline minnow school is, it is a place where steemians are mentored and groomed at of offline hub on the campus of the University of Port Harcourt. Today, I am be bringing an update on a project that I and my team have been working on for quite some time and the need that necessitated such project.

THE NEED FOR A STEEMEXCHANGER TO OUR LOCAL CURRENCY

First, someone might ask if it is necessary to embark on a project like this, seeing that there are tons of exchange mediums where anyone could work on and have the same experience this site will be bringing. Well, maybe not the same services exactly.

Here in Nigeria, a third-world country where the whole cryptocurrency thing is this in its infancy. Considering the history and state of our economy, our positioning in terms of technological improvements across the world (such as the trending blockchain technology among developed economies). We, in order to enjoy the benefits of blockchain technology will have to go through several process of conversions with cut-throat fees/charges. A vast majority are often discouraged with these processes and would rather stay clear off the crypto markets. Hence, a need for an exchange medium that makes it possible to bypass these processes.

BULK BUYERS CAME IN

Well at some point, we had a new development which is not entirely safe by personal evaluation. We send some naira to traders here in Nigeria who will in turn send us cryptos or sometimes the opposite (send cryptos and in turn get naira). This led to a big problem, and put a lot of crypto trader in jeopardy that no one would ever want to go into crypto deals any longer. All of these factors birthed the concept of a site powered by STEEM that will facilitate crypto transactions in such a friendly environment. As we engage people in the crypto markets without any technical backgrounds at all.
So a complete novice can transact in the crypto market at the push of few buttons and with just one transaction fees.

STEEM EXCHANGER NIGERIA

Steem exchanger Nigeria is a site that makes it possible for steemians here in Nigeria to interact with the blockchain and get their rewards in real life. Most times I get phone calls and tons of text messages, asking me questions like;

• How to I withdraw my money?
• How do I invest and buy more steem?
• How much is one STEEM/ SBD? And so on.

Well, until this initiative born, I didn’t have a very clear answer that wouldn’t confuse a non-crypto expert. www.steem exchanger.ng basically makes that possible with a fewer clicks, fewer transaction charges and fewer time spent (practically less than 15 minutes).
The site is still in beta, and we are open to suggestions to bring about more improvement. We currently have served over 500 people (steemians) in less than a week. We have also been working tirelessly on feedback, fixing every technical issues and frictions. We also have a support team whose eyes are always on the radar to assist users on the site who might be facing some difficulty.

FEATURES

• A preview of a user’s steemit profile(wallet).
• Direct conversion from SBD to naira with a unique memo that serves as transaction ID.
• Options for adding a local bank account number.
• Withdrawal button that instantly credit a user’s bank account.
• History of previous transactions.
• Quick support system that facilitates resolving issues.
• Exchange rate information in naira.

FUTURE UPDATES

VERSON 1.1
• Conversion of naira to STEEM to facilitate POWER-UPs.
• Integrating other West African country (currencies).
• Integrating other African based currencies (eg. SteemExchanger Ghana)

VERSION 1.2

• Options for a few more African local currencies will be added
• A live chat that will facilitate support
• A forum containing user testimonials

With time we will be integrating more features and the updates we will be bringing will be in order of priority. First, we integrate the option that will enable investors come on the blockchain (POWER-UP) with their naira which they will in turn convert to steem.

HOW TO USE www.steemexchanger.ng

Below is a presentation on how to use www.steemexchanger.ng from the very first step to the last one.

That is all on the how-to. If you feel something is still unclear, free to contact us on [email protected]

FEEDBACK

If you have any questions or contributions you would like to suggest to us on how to improve use experience on the site, feel free to send your messages to us on @gmail.com
Currently we have over 500 users who have enjoyed the services offered on www.steemexchanger.ng and would like to hear what your experience was like. And if you experienced any technical issues or delays ensure to contact our support team on www.steemexchanger.ng or mail us at [email protected]

Thank you for stopping by friends. We (@atare @bennji @bait002 @yucee) are all humbled to be a part of this development and we would ensure to always add value to the steem blockchain as long as it is within the range of our capabilities.

I am @bait002 and I am a lover of steemit