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Is Bundle Africa App Legit or a Scam? Let’s find out!
Bundle Africa, a social payment or P2P app for cash and cryptos, is called Bundle Africa. It allows users to send, withdraw, deposit, and store crypto and cash.
A cryptocurrency trading platform with a Peer to Peer feature such as the Bundle app is the best option for Nigerians who are unable to buy or sell cryptocurrency.
This post will cover everything you need about Bundle Africa.
What is Bundle Africa all About?
Bundle Africa, a peer-to-peer (P2P) or social payments application for cash and cryptos, is what Bundle Africa does. Bundle App allows users to send, receive and withdraw cash as well as crypto.
Yele Badamosi (ex-director at Binance), launched the Bundle app on 23 April 2020. It is one of the most popular crypto trading platforms for Africa. Bundle Wallet Tech Ltd is the company’s headquarters in Seychelles, with operations in Nigeria and Ghana.
Bundle Africa app acts as a cryptocurrency broker, not an investment platform or crypto exchange.
Bundle is a broker that acts as an intermediary between you, the exchange, and you. This makes cryptocurrency trading simple for beginners.
Bundle Africa is a crypto broker platform that allows you to buy and sell cryptocurrencies. It also removes the complexity of investing and trading associated with cryptocurrency exchanges like Binance.
Binance doesn’t actually own Bundle Africa. It is a product of Binance lab that invests in technical teams and projects related to blockchain.
How Bundle Africa App Works
Bundle Africa is a crypto and cash app.
- Bundle Africa as a crypto app: You can buy, sell, receive, send, request and withdraw cryptocurrencies on the Bundle app.
- Bundle Africa as a cash app: On the Bundle app, you can send, receive, request, deposit and withdraw money in your local currency.
The Bundle app currently has 80+ cryptocurrencies and is still growing. This provides many trading opportunities for people looking to trade multiple crypto coins, such as Bitcoin, Ethereum and Shiba Inu.
To use the Bundle Africa app, you must:
- First, download the Bundle Africa App.
- Next, create an account
- Cashlink allows you to deposit cash
- Then, you can buy and sell cryptocurrencies on the Bundle app
- You can also send and receive money through your Bundle ID
Is Bundle Africa Legit or a Scam?
Bundle Africa, a licensed software firm with operations in Nigeria and Ghana, is trustworthy and legitimate. This is not a new crypto company. You can confirm this in at least three other ways.
Bundle Africa is legitimate as Binance Lab, an arm of the largest cryptocurrency platform in the globe, invested in it. Binance supports Bundle via its P2P trading platform. Bundle Africa can be trusted if Binance can be trusted.
Second, Bundle Africa’s founder, Yele Badamosi, has been featured on notable websites such as Yahoo finance and Crunchbase.
Customer reviews are important. Bundle Africa customer feedback has been generally positive. Users are generally satisfied with the products and services they receive, regardless of whether they use Google Playstore, App Store, or any other platform.
What You Can Do With Bundle Africa App
1. Trade and Invest in Cryptocurrency
The investment or trading of cryptocurrency is the buying and selling of crypto coins via a crypto platform. Bundle Africa is one such platform.
Bundle Africa currently offers over 80 coins that individuals can buy and sell at great rates. The platform keeps adding cryptos to offer its users more trading options.
You can also use the Bundle app to keep cryptos in your hands for the long term, which is called crypto investing.
2. Save and Earn Interest with the Bundle app Vault
Bundle Africa Vault allows you to save BUSD while earning interest at a minimum of 7% APY. You can save money at the bank while still earning ROI with the vault.
BUSD is a stable currency that represents the Dollar. Saving in BUSD is similar to saving dollars, which means that you won’t experience price volatility like other cryptocurrencies.
This is a great way to save in a stable currency other than Naira.
3. Bundle Token BXD
Bundle native token BXD is the same as Binance’s BNB. Bundle BXD can be bought and sold like any other crypto token or coin.
The BXD token works similarly to company shares and gives you control over the Bundle app’s decision-making.
BXD cannot be traded on any crypto platform at the moment, not even Bundle. Bundle Africa offers Bundle Africa users BXD after verification and account registration or as a giveaway.
It will hopefully be available for trading soon.
4. Send and Receive Cash
Bundle Africa is an app that allows you to send and receive money. It is possible to send money to anyone who isn’t on the app, but they must register in order to be able to access the money.
Bundle Africa is not a good app for sending or receiving money unless you are trading with the money.