Bundle Africa : Send and Receive Crypto Effortlessly

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Overview of Bundle Africa

Bundle is a social payment app that makes it easy to make both cash and crypto transactions.

Registering an Account

Now that you’ve gained a basic understanding of Bundle, if you want to create an account, you need to download Bundle’s App either from the Google Play store or the App Store. After downloading, you need to do the following:

  • Register your mobile number
  • Verify your mobile number with the verification code you will receive
  • Set up your password
  • Login to your account
Registration Page on Bundle. Source

Verifying Your Account

To deposit and trade your funds, you have to provide identification. There are two levels of verification. They are the Tier 1 and the Tier 2.

  • Tier 1 verification allows the user to deposit only. You won’t be allowed to withdraw. It involves submitting your first name, date of birth as shown on ID. Your daily limit for this tier is $3500.
  • Tier 2 Verification involves submitting your NIN and BVN numbers so as to confirm your identity. Your daily limit for this verification is $58,000.

User Security

Cryptocurrency exchanges are all required to have anonymity and security. Bundle does a great job at this, as it is one of the most secure exchanges in Africa. Bundle enables you to secure your account using fingerprint, passcode or Face ID depending on the device that you use. This is apart from the mandatory transaction Pin that would be required to perform transactions.

Hiding your wallet balance. Source

How To Deposit to Your Account

Due to the recent ban on deposit of cryptocurrency by the Nigerian government, there has been a recent change in the process of funding your account.

Trading on Bundle

If you want to buy cryptocurrency on Bundle, all you have to do is click on the cryptocurrency you wish to buy. You then choose whether it is your local currency you want to use or another cryptocurrency for the purchase. After the purchase, the sale would be updated on your transaction list within 1 to 5 minutes.

Selling your cryptocurrencies. Source

Extra Services Provided

Besides buying, selling, trading and sending crypto and fiat, Bundle offers extra resources to the benefit of the user.

Bundle’s Digital Token, BXD

BXD is Bundle’s very own digital token that is built on the Binance Chain. The choice of the Binance Chain as the blockchain is as a result of the ease of use and the better user experience it offers.

Bundle Stories

Bundle has a feature that helps you understand everything basic thing you need to know about a cryptocurrency. Click on the about icon under a particular cryptocurrency page. Then click on the yellow ‘i’ icon and you would be shown bundle stories.

BUSD Fixed Vault

Bundle is also interested in helping bundlers saving habits. This vault allows you to lock a minimum of 100 BSD for at least 7 days. You would be able to earn interest on the amount you saved but you would not be able to withdraw it until the chosen date.

BUSD FIxed Vault. Source

Bundle League

The bundle league is a monthly trading and referral competition with a prize pool of 400BSD. The league is open to all bundle newbies, enthusiasts and experts.

Bundle Referral Program

You can refer your friends and win N500. The person who clicks on your referral link must confirm their BVN and trade up to N5000 within their first 15 days on Bundle for you to get your commission. Your referrals would also be paid N500 on joining.

Conclusion

Bundle has and will likely be, a contender for the best available and innovative cash and crypto exchange platform. Bundle has not only made it very easy for cryptocurrency newbies to start trading but it even provides incentives for professionals looking for an exchange.

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Isaac Ojo

Isaac Ojo

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I help SaaS companies improve their customer acquisition and retention rates through content marketing.