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A Safer and More Secure Alternative to Paxful to Buy Bitcoin In Nigeria CoinCola

A Safer and More Secure Alternative to Paxful to Buy Bitcoin In Nigeria CoinCola
Bitcoin trading has become a phenomenon in the financial landscape since the creation of the cryptocurrency in 2008. Due to the potentials of Bitcoin as a currency and an investment, the cryptocurrency has gained popularity in Nigeria.
However, due to the problems that the country has faced in the past regarding cybercrime, it is difficult to get Bitcoin directly from local currency on most central crypto exchanges. This has given rise to decentralised exchanges where buyers and sellers meet to transact in Bitcoins and other digital assets.
Paxful is the most popular platform for Nigerians
The most popularly used platform for purchasing cryptocurrency is Paxful. The platform which was launched in 2015 provides an environment for buyers and sellers to interact and make transactions.

Paxful has Become a Haven for Scams
Although Paxful provides a simple and easy platform for trading, it has gained a tainted reputation in the past few years. 
One major problem that Paxful has suffered in recent years is the accusations of scam by users on the platform. Paxful does not do much on its security as the platform has become overrun with scammers.
Paxful forum is filled with several comments from users about how funds have been missing from users wallets with no reason offered by Paxful. There have been accusations of buyers using chargeback scams whereby transactions would be made via PayPal.
When the Bitcoin or Gift card purchase is made, the buyer will open a dispute on PayPal reversing the transaction, thereby robbing the seller of his money and also stealing the digital asset on offer. These problems keep up mounting, but Nigerians have continued to transact on the platform due to lack of a viable alternative.
However, this is set to end with the arrival of Hong Kong-based Bitcoin trading platform CoinCola . The reputable exchange platform has rolled out its services to Nigerians as it looks to take a major share of the market.

How Does CoinCola Compare with Paxful?
CoinCola implements similar features with Paxful as it is an OTC (Over the Counter) exchange that allows buyers to sellers. Sellers can also exchange digital assets such as gift cards for Bitcoins and vice versa. Users can also buy Bitcoins from other sellers on the platform.
This looks similar to Paxful, but where CoinCola stands out is in terms of security. The HongKong bases platform takes the security of users seriously and is considered as one of the safest OTC exchange platforms.
There are little to no cases of scams on the platform with several positive reviews about CoinCola regarding its services.
CoinCola Uses Real Name System to Prevent Scams
CoinCola utilises a unique Real Name System for traders to avoid scams; with this system, the trader would have to fill his/her entire information to be able to receive payments.
This way, it becomes difficult for a seller to scam a buyer because if a dispute is filed, the seller would be unable to access funds.

Coincola Has An Excellent Customer Support System
CoinCola has a responsive customer support system which provides quick solutions in the cases of disputes. Some randy sellers have also been removed from the platform due to the proactive intervention from customer support.
CoinCola Escrow Prevents Chargeback Scams
Also, CoinCola escrow system is designed in a way that buyers are unable to use chargeback scams on sellers. This is because the funds deposited via escrow cannot be returned to the buyer unless there is a case of a dispute.
Conclusion
CoinCola a perfect alternative to Paxful for Nigerians. With this platform, you can buy bitcoin safely in Nigeria without worrying about scams. 
BONUS: Buy Bitcoin in Nigeria and Get 0.0001 Bitcoin Bonus Instantly!

Disclaimer: This is a paid sponsored post. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this sponsored post.
The post A Safer and More Secure Alternative to Paxful to Buy Bitcoin In Nigeria CoinCola appeared first on BitcoinAfrica.io .

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