Nigerian non-custodial cryptocurrency exchange “Zap Exchange” built by Zap Africa has achieved yet another significant milestone, processing over N2 billion in transaction volume just three months after releasing its mobile application. This rapid growth highlights the increasing adoption of crypto in Africa and the demand for user-friendly, decentralised trading platforms.
The success of Zap Africa aligns with broader trends in the African crypto landscape. As traditional financial systems struggle to meet the needs of many Africans, cryptocurrencies are increasingly viewed as a viable alternative for cross-border transactions, remittances, and wealth preservation.
The platform, which allows users to trade fast, cheap and easy, and retain full control of their crypto assets, launched its mobile app in response to the need for a secure and accessible trading platform made for Africans by Africans. The app’s intuitive interface and robust security features have contributed to its quick uptake among both newbies and experienced traders.
Such a strong adoption of the app and platform reflects the demand for accessible, non-custodial crypto trading solutions in Africa. The focus on user experience and security clearly resonates with the market and the rapid success of Zap Africa’s mobile app clearly highlights the potential for innovative fintech solutions to drive financial inclusion and economic empowerment across Africa.
”This N2 billion milestone is not just about numbers – it is about trust. Africans are choosing Zap because we are listening to their needs. We are building more than apps; we are creating a financial revolution that speaks to the African spirit of innovation and resilience. Our goal is to put financial freedom in the hands of every African, one app download at a time.” – Moore Dagogo Hart (CTO and cofounder at Zap Africa)
As Zap Africa continues to expand its user base, the company plans to introduce additional decentralised finance (DeFi) features and products.
To learn more about Zap visit https://zap.africa