Here is a Preview of @yensesa Ghanian MTN Exchange by @black-man Africa's Coinbase competitor which allows for instant buying/selling of Steem/SBD for FIAT without 3-5 day wait Coinbase & US Fed forces us to wait for to buy and sell Crypto in the USA.
Screenshot of Yensesa Exchange for Ghana and soon all of West Africa region that will allow anyone in Africa with a non-smart phone to be able to receive Fit from Steem/SBD or other crypto. Manual steem/SBD to Fiat exchanges are already happening, we just have to automate the process which @black-man is doing so follow him & @enockagbo1 & @desmond41 and the Main @yensesa account to learn more about this BILLION dollar business. Support this now with your upvotes and resteems and you will be seen as an early supporter of what will become the African Coinbase for Steem/SBD and the secret is the existing digital fiat system in Ghana/Nigeria which let's users today get their digital fiat right on their phones without any apps using a centralized mobile banking & telecom giant MTN and their Mobile Money system, where you signup like we would to a Bank account, but over there they use companies that send you their MTN when you send them Bitcoin or Litecoin.
@anaman and other's actually specialize in cashing people out for a small fee like @fyrstikken encouraged last year over steemspeak.com , but anaman found this business on his own as it's common sense to make money buying people's Steem/SBD for a fee to give them the fiat cash! It is so exciting because they already have manual websites setup with order forms that let you send them SBD/Steem ad you end up getting Fiat, and in Ghana you can cash out your Digital MTN fiat at any kiosk on every street corner but MOST people do not opt for paper when they can keep their MTN as digital fiat in their phone and 90% of Ghnians accept & prefer the MTN mobile money system. Unlike our Coinbase and US banks they do not have to wait 3-5 days to reciueve cash in their Bank accounts from Coinbase's Bitcoin/LTC/ETH/BCH exchange, so they have leapfrogged over us in FinTech (Financial Technology) and we should give them credit whre credit is due. Ghana/Nigeria is MORE advanced than USA when it comes to Cashing out Crypto! So let's invest in @yensesa with upvotes!
Why did booster downvote this? Who owns booster
fyrstikken , I have to ask him before posting In his steemspeak.com discord and I didn't check in with him
but I talked with him, check out what he made, maybe it was just a way to show me that even after getting flagged unexpectedly you can get your steempower to go up over time
https://steembottracker.com/steemdash/?account=ackza
More that 20 countries supported MTN mobile money service so we will first expand to those countries then find other means to get other countries on board.
Great information seems to save time and effort on us
You are a wonderful and successful person
It's great news for the people of africa.Now they can withdraw their payment very easily.Cashing out crypto is always a big problem but they have solved it.Thanks for the post.
Once we finish with the beta testing and are running a full scale module . We will extend it to other countries
Wow! this is great. i'm in Cameroon and i wish we can collaborate and extend this to my Country and other parts of Africa as well.
I am guessing most of the population in Africa do not have a institutional bank account....They are more advanced in cashing out Crypto then us in USA where it is all about control and restriction any way by the institutional banks and government.
For bank accounts, yes but the MTN mobile money you see there is used in a similar manner like a bank account but with additional service of buying airtime directly to your phone. Almost every body with a phone in country has it because it is created free of charge and there are bonuses for using it. It is linked to our phone numbers.
Sounds like you see the need for this.
Yeah 100%. This will ease the adoption of Cryptocurrency in Africa.
nice!
Good project that is worth keying into. I will, however, urge caution.
You are absolute right. Its more easy to cash out your crypto in Nigeria than in the USA. There are a lot of groups on telegram, whatsapp included that allows you to instantly sell your btc, eth, bch, ltc, steem and sbd to fiat, in minutes. I have used such services many times. Also, we have websites that does thesame too in Nigeria.