Hey guys, in this article am going to share with you, afriex 2021 review. Everything you should know about afriex platform.
What Is Afriex?
Afriex is an international crypto-powered money transfer solutions provider.
Afriex provides instant, zero-charge transfer service to Africans at home and in the diaspora as well.
The company was founded in 2019 by Tope Alabi and John Obirije.
In this article am going to share with you, how to sign up, send money to Africa countries (Nigeria, Ghana, Kenya) and abroad ( US, and Canada) for free using Afriex app.
Benefit Of Using Afriex Platform.
Afriex make it easier for African to sending and receiving money every without getting scam.
Now, there is scammer everywhere. transferring money abroad can be a very tedious and risk process, especially if you’re doing it between two countries that have many restrictions between themselves.
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And other money transfer app like western Union, too, have not made it particularly affordable.
Others are just plain ineffective or extraordinarily slow. Time and fees are the major problems.
How Does Afriex Work?
Afriex is a crypto-empowered remittance platform that has risen to the challenge of fixing difficulties associated with off-shore transfers by reducing the time and fees the traditional banking and remittance system offered.
Afriex basically takes a deposit in fiat currency, coverts the money to a stablecoin ( e.g USDT).
Sell the USDT in the local currency of the beneficiary for better rates, and then credits the beneficiary’s bank account.
Afriex is only operational in only 5 countries namely Nigeria, Ghana, Kenya, United States, and Canada.
It’s just like CashApp and Bitsika, Afriex assigns usernames to its users.
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You will have your balances in 5 different currencies:
- Nigerian Naira.
- United States Dollar.
- Ghana Cedis.
- Kenya Shillings.
- and British Pounds.
Because a margin is earned while converting the stablecoin to beneficiary local currency, the transaction itself is done for free.
Is Afriex secure?
Afriex takes the security of your personal information seriously. All personal data are encrypted for full security. They are also PCI DSS Compliant.
How To Register On Afriex
To register on afriex platform follow this guidelines:
- Download Afriex on Android or your iOS
- Launch the afriex app on your phone
- Then Now Choose Create New Account
- And Create a Username and Password
- Now Enter your phone number
- An OTP will be sent to your phone number, copy the OTP to proceed
- And Now Tao On Confirm
You can even sign up using your Gmail login so that you can start transferring your funds almost immediately.
They will also request for your BVN, and when you enter your BVN they will send a text message to the phone number that you used to registered your BVN.
This ease does not affect the security of the app as Afriex is PCI compliant. They have multi-stage verification for all users. Your login, password, and other transactional data ae are not available for third-party view.
How to Send Money on Afriex
On afriex platform, there are several sending options that you can use to send money, you only have to pick the one which best suits the transaction you really want to do.
If you want to send money from the US/Canada to Nigeria, Kenya, Ghana, any other country I Africa, just login to your afriex account that’s all.
How To Send Money To Bank Account.
Afriex make it simple to send money directly to your beneficiary’s local bank account in the supported countries.
This is called a direct bank deposit. This usually hits the beneficiary account in minutes.
Your beneficiary does not need to have an Afriex account so if you want to transfer to bank account follow this guidelines:
- Open and login to your afriex app
- And Then Select Transfer
- Now Choose the source balance to be debited
- Enter the amount
- And Choose Send to Bank
- Now Enter beneficiary’s bank name
- And Enter beneficiary’s bank account
- The Click Continue
- Review the details of the transfer and Proceed
How To Send Money To Afriex User.
If your client also have afriex account, you can send money to him/her easily. You can send money to other users on Afriex in Nigeria or any other country.
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To send money to another Afriex user follow this guidelines:
- Open and login to your afriex account
- The Select Transfer
- And Choose Send to Users
- Now Enter the amount
- And Search by username.
- Select the correct beneficiary’s username
- And Click continue
- Follow By Click Transfer. That’s all.
What Is Afriex Transfer Fee?
Afriex charges zero fees when sending money, but they will charge a small fee when you are withdrawing money from your account.
Just check your dashboard for fees and exchange rates.
You can download the afriex app on google play store or using these links :
What is the maximum amount I can transfer?
does not charge any fee to transfer your money from one country to another.
What is the minimum amount I can transfer on Afriex?
In which countries is Afriex supported?
Nigeria, Ghana, Kenya, Canada, and the USA.
Contact Our Support.
Have any questions or concerns about afriex service, kindly Send them a message and they’ll get back to you within 24 hours.