Paxful, bitcoin facilitator, appoints Nigeria regional manager

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A global peer-to-peer bitcoin marketplace, Paxful, says it has appointed a regional manager for Nigeria, Nena Nwachukwu, while other positions were being filled.

It said this was part of its plans to strengthen operations in Nigeria with a physical presence in Lagos which will be manned by employees dedicated to the Nigerian market.

It said this in a statement on Tuesday titled ‘Paxful boosts operations in Nigeria by expanding local footprint’.

The firm stated that the country was the company’s leading market in terms of volume and number of users.

On its expansion in Nigeria, the Head of Africa and Middle East for Paxful, Tugba Abadan, said, “Our decision to expand operations in Nigeria enables us to listen to our users more carefully and to continually ensure that their concerns are addressed.”

Nigeria Regional Manager for Paxful, Nwachukwu, he stated, was an expert in the Bitcoin industry with nearly a decade of experience in the field.

He said she would be responsible for managing business operations, strategic partnerships, improving awareness, and creating educational content for the business.

In addition, Abadan said, “We are excited to appoint a regional manager to take charge of the operations in Nigeria.

“This does not only allow us to actively look for local FinTech partners to work with, but also creates better accessibility for users and execute our plans for the market effectively.”

He said the company would be putting extra efforts into educating the market about the opportunities that Crypto presented through conferences and the Paxful Peer Programme.

Nwachukwu said, “We have several sponsorships planned. To start, we are the premium sponsor of the forthcoming BLOCKDeFi-2020 conference, a fully virtual live conference slated for September.

“Paxful’s co-founder and CPO, Artur Schaback, and I will be speaking at the conference.”

The statement said Paxful, an escrow service, marketplace, and digital wallet, began operations in 2015.

The company facilitates the sharing economy and frictionless cryptocurrency commerce, enabling users to buy and sell bitcoin via more than 300 different payment methods, including gift cards, cash deposits, online wallets, debit and credit cards, it said.

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