10 REASONS WHY ROQQU IS THE BEST CRYPTOCURRENCY EXCHANGE FOR THE NIGERIAN MARKET

Nigeria has emerged as one of Africa’s most vibrant cryptocurrency markets recently. As more Nigerians look to invest in digital assets, the demand for reliable and efficient cryptocurrency exchanges has continued to grow. One such exchange that has captured the attention of the Nigerian cryptocurrency community is Roqqu.

Roqqu is a Nigerian cryptocurrency exchange that has been in operation since 2019. The exchange provides a safe, reliable, and efficient platform for buying, selling, and storing digital assets.

This article will explore why I consider Roqqu to be the best cryptocurrency exchange in Nigeria.

1. User-Friendly Platform

One of the standout features of Roqqu is its clean and intuitive interface, which makes it easy for beginners and experienced traders to navigate the exchange. The platform is responsive and fast, ensuring users can execute their trades quickly and efficiently. Binance is its biggest competitor. Users have considered the latter a highly complex platform to use.

2. Wide Range of Cryptocurrencies

Roqqu supports many cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and over 90 other altcoins. The exchange also allows users to trade cryptocurrencies against the Nigerian naira (NGN). This makes it easy for Nigerian cryptocurrency traders to buy and sell cryptocurrencies without worrying about currency conversions. As an indigenous exchange in Africa, it’s safe to say that Roqqu offers the highest number of cryptocurrencies for trading.

3. Low Transaction Fees

Now this gets tricky, as many other exchanges have claimed to offer the lowest fees. However, when we investigated the numbers closely, the outcome clearly showed that Roqqu provides one of the lowest fees, if not the lowest. Let’s break down the fee structure for most exchanges.

SPREAD

Spread is the difference between the ask and the bid price of a currency pair at a given time. Most exchanges charge a difference of 10 to 50 naira per dollar’s worth of any crypto asset. This spread accounts for 1–7% of your capital. However, Roqqu charges a zero spread. Deposit is free, and withdrawal is free.

COMMISSION

After charging spread, most exchanges charge commissions ranging from 0.6% to 3%. Roqqu charges a commission for coin transactions, which ranges from 1% to 2%. This is fair for an exchange that doesn’t collect any spread.

For instance, Binance, which many believe has the lowest fee in the market, charges 0.5% commission for instant trading but would still charge you spread when you fund or withdraw from their P2P platform, which is their most efficient funding option. This SPREAD ranges from 5 to 50 naira, which accounts for 1–7% of your capital.

Roqqu offers arguably the most nominal fee because it doesn’t charge a spread. Instead, it charges a commission for coin trading only. The low fees make Roqqu an attractive option for investors looking to minimize their trading costs.

4. Automated Deposits and Withdrawals

Roqqu provides automated deposits and withdrawals, meaning users can fund or withdraw their accounts in real time. This is particularly useful for traders who need to move quickly in response to market changes. Automated deposits and withdrawals also eliminate the need for users to wait before their transactions are processed. Many exchanges do not offer these automated withdrawals.

5. Mobile App

Roqqu has a mobile app available for iOS and Android devices. The app provides all the features of the web platform, allowing users to trade on the go. The app is designed to be responsive and easy to use, which makes it a convenient option for traders who are always on the move.

6. Excellent Customer Support

Roqqu provides excellent customer support to its users. The exchange has a dedicated support team to assist users with issues or concerns. The support team is accessible through multiple channels. These channels include their various social media handles and live chat on the app. Roqqu also has a comprehensive knowledge base that provides answers to frequently asked questions.

7. High Referral Commission

In addition to low fees, Roqqu offers a good portion of its fees back to the users. Roqqu pays a whopping 0.5% referral commission on every transaction. This makes Roqqu suitable for those who want to earn passive income, as many ordinary users have made millions using Roqqu’s referral program. This makes Roqqu suitable for those who want to earn passive income. No exchange beats this currently.

8. Roqqu Academy

Roqqu has comprehensive learning materials in the form of articles and a complete audio-visual blockchain and cryptocurrency trading course to enlighten its users about the technology and help them make the right investment decisions. This makes it easy for newbies to understand what they are dealing with before they start their cryptocurrency trading journey.

9. SECURITY

Roqqu is a very secure exchange, as they can boast that there has yet to be any successful hack since its inception. In addition, the app can be further secured with two-factor authentication. Managing over 1.6 million users indicates that Roqqu is not porous, as it ensures that all users are adequately verified and compliant with regulatory policies.

10. RELIABILITY

This should be the most important metric to use in judging the integrity of any cryptocurrency exchange. The cryptocurrency market experienced one of its worst bear-run in 2022, which exposed weak exchanges that eventually shut down their operations. However, Roqqu not only survived the bear market but also expanded during the bear market.

With this, Roqqu can boast of being one of the most reliable cryptocurrency exchange. Considering cryptocurrency exchanges that stand the test of time before investing your money is essential.

For one cryptocurrency exchange to score well in all these essential metrics, it is unsurprising that Roqqu is trusted by over 1.6 million users worldwide.

In conclusion, Roqqu is the best cryptocurrency exchange in Nigeria. The exchange provides a user-friendly platform, a wide range of cryptocurrencies, low transaction fees, an incredibly high referral commission, instant deposits and withdrawals, a friendly learning interface, a mobile app, excellent customer support, security and compliance with regulatory policies, and reliability for having stood the test of time. These features make Roqqu an attractive option for beginners and experienced traders.