Scalex.Africa is a secure and easy-to-use Peer-to-Peer marketplace where crypto-assets can be bought or sold in exchange for Fiat currency (Naira, USD, Cedis, etc.).
Peer-to-Peer trading can be used to facilitate a number of transactions such as;
- Arbitrage trading
- Remittance (Upkeep, School fees, Imports, etc.)
- Funding of exchange wallets (Binance, FTX, KuCoin, etc.)
Scalex is officially LIVE and we welcome everyone to come, register, join the community and give your unbiased feedback as we intend to build this product alongside the community.
WHY SCALEX?
There are quite a number of P2P platforms playing in Nigeria. From the formal platforms such as;
- Binance P2P
- Remitano
- Paxful
- Localbitcoin
And of course, to the informal platforms existing in social media platforms; Telegram, Facebook, and Whatsapp.
Scalex is the first Nigerian Founded Peer-to-Peer platform to build a robust infrastructure, having leveraged the expertise of some of the best blockchain developers in the space and getting incubated in one of the continent's biggest startup investors, GreenHouse Capital.
Scalex boasts of a multi-network infrastructure having integrated the following networks;
- Binance Smart Chain (Access to BEP20 token)
- TRON (TRC20 tokens)
- Bitcoin (OMNI layer)
- Ethereum (Coming soon)
In addition to the above, the team at Scalex consists of seasoned Blockchain and crypto natives who possess a perfect understanding of the various challenges faced by users in the space which guided the development of the platform with the users in mind.
Some of the key benefits to enjoy from this are;
- Customer support; By being home-grown, Scalex is better positioned to handle and tackle support issues that take long periods of time on foreign competitor platforms
- Community-driven; Scalex is built to serve its community of users and as such will react faster to feedback from the community.
- Continuous Innovation; Scalex will consistently improve upon and introduce solutions that bridge the gap between traditional finance and the blockchain space.
ZERO FRAUD!
The unique architecture of Scalex has eradicated the issues of P2P frauds i.e situations where a buyer makes payments for a crypto asset and the seller denies evidence of such or a seller commits to sell a certain amount of crypto assets and a fraudulent buyer makes a false claim of payment. We hear these stories, some of us have experienced this and we ensured we put a stop to this at Scalex.
HOW DID WE DO THIS?
Our unique code handles the secure escrow of digital assets of every seller while ensuring that payments from buyers via the native bank infrastructures query and validate payments directly from NIBSS. Upon the successful validation of payment to a seller, tokens are released to the buyer. This removes the ability of bad players to have access to a manual confirmation infrastructure which aids frauds.
OUR PROPOSITION
Scalex is built with transaction security as its first priority and ease-of-use as its foundation. It brings a level of automation non-existent in current platforms, by ensuring traders do not have to monitor every trade. All you have to do is fund your wallet, input the number of crypto assets you intend to sell, set your price, submit and watch as the payments get credited into your account while you chill with friends (Like Plug and Play).
Our priority is to ensure newbies (Noobs) have the easiest transition into the crypto space. And one of the best ways to do this is by building solutions that have User Interfaces (UIs) that are easy on the eye while providing exceptional User Experience (UX). All this was considered when this product was conceptualized.
HOW TO REGISTER AND USE SCALEX
To register on Scalex, visit Scalex.africa and click on "Sign Up".
Sign-up page on the web
On the Sign-up form, all you have to do is input your desired username, email address, select country of residence (Nigeria for now) then input your password of a minimum of 8 characters (Be sure to follow the instructions).
A verification mail will be forwarded to your email address. Click to verify.
After verification, input your email address and password to login.
Congratulations! You are in, however, there are a few steps to complete before your account can be fully operational. Click "Go to Account" to complete the basic verification and maintain your payment details.
Click on "Verify now" to start.
Input your "Phone Number" and update your "Date of birth" and proceed to verify your phone number to enable you to receive OTPs.
To update your "Full Name" click on "Payment Information" and maintain your Bank details.
WELCOME :)
You can now create orders, trade and explore other functionalities;
- Link your account to our unique Telegram Bot to get alerts.
- Set-up 2FA
To get answers to more pressing questions, kindly join our Telegram Community of fellow Scalex Users and reach out.