• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Technology

MEXC Crypto platform expands naira birr rupee support

Peculiar Adirika by Peculiar Adirika
June 12, 2025
in Technology
0
MEXC crypto
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0

MEXC expands crypto access with new P2P trading for the naira, birr and rupee, targeting grassroots adoption in Africa and South Asia

MEXC has moved to cement its position in emerging markets by rolling out peer-to-peer cryptocurrency trading support for the Nigerian naira, Ethiopian birr and Pakistani rupee.

Also read: MEXC rolls out Pan-African web3 ambassador initiative with big rewards for crypto leaders

The global crypto exchange says the addition of these fiat currencies will ease digital asset access in regions where users face major banking and currency constraints.

The expanded fiat integration allows people in Nigeria, Ethiopia and Pakistan to directly buy and sell key cryptocurrencies such as Bitcoin, Ethereum, Tether and USD Coin through MEXC’s P2P platform.

All transactions are completely fee-free, a move the company says is aimed at eliminating financial barriers for new entrants and encouraging broader adoption.

This development goes beyond platform optimisation. It signals a deeper push by MEXC to connect with real-world users in the Global South, where crypto solutions increasingly meet urgent local needs.

Nigeria has emerged as a leading market for digital currency activity. Ethiopia, following sweeping reforms in its financial sector, is experiencing a surge in digital finance interest.

Meanwhile, Pakistan’s young and tech-savvy population continues to turn to crypto amid inflation and restricted banking tools.

MEXC is showing that financial inclusion through crypto is not just an idea, but a market reality.

The exchange is simultaneously recruiting and vetting new local merchants to serve as verified intermediaries for P2P transactions.

These verified traders enjoy several benefits, including priority support, exclusive events, and a distinct platform badge — all designed to create a trustworthy user ecosystem.

Peer-to-peer trading is especially valuable in markets where government controls, inflation or weak financial infrastructure prevent reliable access to foreign currency or financial instruments.

With decentralised trading, users can bypass traditional institutions, access stablecoins, and even manage cross-border transfers at a fraction of conventional costs.

By prioritising localisation and fiat compatibility, MEXC appears intent on winning long-term market share where crypto still offers fundamental financial empowerment.

As global exchanges scramble for regulatory clarity and infrastructure in developed markets, MEXC’s swift pivot to underserved regions could give it a competitive edge in shaping the future of Web3 inclusion.

Also read: MEXC launches DEX+ super fest: Up to 550 USDT in rewards to drive decentralized trading adoption

The company’s expansion also mirrors a wider shift in global crypto strategy — one that acknowledges that the next billion users may not be in Silicon Valley or London, but in Lagos, Lahore and Addis Ababa.

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Peculiar Adirika
Peculiar Adirika

Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

Appointments

‘Magic wand?’ 9mobile hopes for big bite as Alan Sinfield steps in

by Freelanews
June 10, 2020
MAD STARS 2025 sessions
Advertising

MAD STARS 2025 sessions to explore AI, creativity, brand trust

by Peculiar Adirika
August 21, 2025
Google Storybook AI Nigeria
Technology

Google launches storybook AI in Nigeria to transform storytelling for children

by Quadri Olaitan
August 8, 2025
Freelanews-abdul samad rabiu
Interview

‘We need to work together’ BUA boss says Africa must cut reliance on food imports

by Freelanews
July 27, 2022
Meta Japan lawsuits
Meta

Meta faces multiple lawsuits in Japan over fraudulent investment Ads

by Quadri Olaitan
October 29, 2024

Discussion about this post

ADVERTISEMENT

Recent News

PDP tells Tinubu

PDP tells Tinubu to prepare handover note for 2027

September 20, 2025
Jonathan Gonzalez

Ecuador footballer Jonathan Gonzalez killed amid gang violence

September 20, 2025
Hilda Baci

Hilda Baci celebrates 30 with gratitude, new record

September 20, 2025
Rep. Agboworin

Agboworin And His Passion For Public Service, Commitment To People’s Needs- Mayowa Okekale

September 20, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
Taylor Swift deepfake scandal

Taylor Swift faces deepfake scandal as Swifties call for stricter regulation

January 25, 2024
Safe Use of Cooking Gas at Home

Safe use of cooking gas at home with Prince Olufemi Odulaja (Podcast)

July 26, 2025

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

0

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

0
Meran Primary Health Centre

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

0

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

0
PDP tells Tinubu

PDP tells Tinubu to prepare handover note for 2027

September 20, 2025
Jonathan Gonzalez

Ecuador footballer Jonathan Gonzalez killed amid gang violence

September 20, 2025
Hilda Baci

Hilda Baci celebrates 30 with gratitude, new record

September 20, 2025
Rep. Agboworin

Agboworin And His Passion For Public Service, Commitment To People’s Needs- Mayowa Okekale

September 20, 2025
September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Editor’s Pick

  • OGD vs DA
    OGD vs DA: The real story never told
    • August 22, 2025
  • Toyota Sienna harassment
    Why is Lagos State govt harassing Toyota Sienna users?
    • August 19, 2025
  • Otunba Gbenga Daniel
    Who really is Otunba Gbenga Daniel?
    • August 18, 2025

Hot!

PDP tells Tinubu

PDP tells Tinubu to prepare handover note for 2027

September 20, 2025
Jonathan Gonzalez

Ecuador footballer Jonathan Gonzalez killed amid gang violence

September 20, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Total
0
Share
0
0
0
0
0
0
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading