This article will discuss Quidax and if the application is legit for usage. Quidax is an African-owned crypto asset exchange platform that allows for purchasing, selling, and trading diverse digital assets.
What Is Quidax?
Quidax is an African-owned and managed crypto application that allows for easy purchase and sales of crypto assets. An individual can suitably utilize the platform to conduct fast-paced transactions which are crypto-related.
How Does Quidax Work?
Quidax acts as a medium through which various crypto assets such as Bitcoin can be bought, sold, and exchanged. It works just like other exchange platforms; one can swap their local currency or a specific cryptocurrency for another in no distance time.
Does Quidax Have An App?
Yes, Quidax has an application. Despite being created as an exchange platform where trade can be conducted; there’s an application that users can enjoy for all their trading options. An individual can conveniently save and earn a good amount of interest on Quidax.
How To Create An Account With Quidax
Quidax is a crypto exchange platform that allows for trading on numerous crypto assets. Below are the steps to creating an account with Quidax.
• Visit Quidax Website
The first thing you need to do to utilize the Quidax app would be to create an account. Kindly visit the official website of Quidax and then select the option indicating you to sign-up with the crypto application.
• Visit Quidax Website
Once you have selected the sign-up option on the website of Quidax, you would be required to provide certain personal information. One would need to input the correct answers to each of the provided questions.
• Verify Your Account
After providing the necessary information required, you need to verify your account before you can conveniently start using it. You need to choose a strong password for your account and verify it to begin trading.
Can I Withdraw From Quidax In Nigeria?
Yes, you can withdraw from Quidax in Nigeria. Once you input the amount you intend to withdraw, a page would pop up requesting you to pick either an existing bank account or a new one. You can decide on the specific bank and then click on “Continue”.
Which Is Better Luno Or Quidax?
Different features are associated with Luno and Quidax and diverse other crypto applications. Currently, Quidax is better than Luno due to its lesser transaction fees and its identity verification process which is faster and easier.
How To Deposit And Withdraw Naira Easily On Quidax Crypto Exchange
Quidax crypto exchange accords the privilege of purchasing, selling, and trading various crypto assets. To deposit into Quidax, you would need to buy the Naira amount.
First, you must log into your Quidax account and click “P2P”. Select the “Buy” option, select from the list of people willing to sell, and then click “Buy NGN” for more details.
Thereafter, enter the amount you want to buy and pay into the seller’s account. Once confirmed, Quidax would deposit the Naira amount into your account.
When it comes to withdrawing Naira from Quidax, one would need to search for someone willing to buy Naira.
Firstly, log into your Quidax account and click on “P2P”. Select “Sell”, and pick from the list of people you can sell your Naira to. Click on “Sell NGN” and on an offer for more details.
Thereafter, enter the amount to sell and provide your bank details via chat. The person would send the money into your account. Once you have received the payment, Quidax will release the money to the buyer.
Can I Trust Quidax?
Yes, you can trust Quidax. The exchange platform is considered among the best crypto platforms for which one can comfortably purchase, sell and trade different available crypto assets.
What Is The Limit On Quidax?
Currently, there are no limits on the number of crypto assets one can send or receive on Quidax. An individual can conveniently log into their Quidad account to send or receive any worth of crypto assets.
How To Convert Naira To Dollar On Quidax?
To convert Naira to dollars on Quidax, one would need to log into their Quidax account. Once logged in, navigate to the swap page and select “Swap Naira” to USD. Decide on the fixed or flexible savings, you can then save and start earning interest.
Can I Withdraw From Quidax To My Bank Account?
Yes, you can withdraw from the Quidax account to your bank account. Simply log in to your Quidax account, select the option to withdraw, select “NGN”, enter the amount, and then withdraw into your account.
Conclusion
Quidax is an excellent application that helps individuals with access to trading on numerous crypto assets. One is open to using it conveniently for trading and can also earn interest from having their funds in either a fixed or flexible savings account. We hope this article provides enough information on Quidax. Kindly visit our comment section for your views and opinions.
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- I am a content writer with over 2 years of experience in content writing. I create quality and highly researched content on cryptocurrency and forex.
