Stumbled on this article on the blog of this new Bitcoin Exchange. My people wetin una think. Should I sell there?

Link to post https://blog.bitkoin.africa/bitkoin-africa-better-localbitcoins/

1. Escrow

All Bitcoin and money in Bitkoin Africa are held on Escrow. On LocalBitcoins, only Bitcoin is held in escrow. This means you cannot get paid fast enough and unscrupulous users can act iffy and decide not to pay you. Several sellers have noted getting many SMS and Emails about getting paid when they did not in fact receive money in their account. This can never happen on Bitkoin Africa.
2. Complete Verification


Bitkoin Africa verifies as much about the user as possible. Localbitcoins does not

Every user on Bitkoin Africa is verified by phone number, BVN and bank account. This is a Know Your Customer(KYC) requirement for us to increase the level of safety. This means Bitkoin Africa literally knows each person and can trace them in case of any fraudulent behaviour. On LocalBitcoins, the only verification is phone number except the seller requests for another level of verification. We carry out all these by default.
3. No need to be online 24 hours

Because your Bitcoin trade already has all the details needed to make the sale, you do not need to be online all the time like on Localbitcoins to make a trade. Once your money/btc is escrowed, anybody can click on your trade and buy/sell without you haven’t to be available to verify anything. We have done all that work for you


4. Instant purchase of Bitcoin

If you already own a Bitcoin wallet, you can instantly buy Bitcoin from a seller without any signup. You select a seller you want to buy from, enter your Bitcoin address and receive the Bitcoins immediately you make the payment via your bank or ATM Card.
5. Buy Bitcoin with Bank or Card

One of our goals as a company is to allow everyone buy Bitcoin. We believe it is the future of currency and financial technology as we know it. On Bitkoin Africa, you can make payment with your card by entering the details securely or pay with your bank account number. Each transaction can only be approved with an OTP for second level authentication. The OTP is uniquely generated by your bank and sent to your phone to approve the transaction.



We have enabled this feature in partnership with Paystack. Paystack is a popular online payment provider in Nigeria and they are verified by the CBN to provide payment services. This means they have fraud detection, SSL Encryption and have passed several other security tests. All your payment details are secure.


6. Credit alert upon sale

Thanks to Paystack, we can credit your bank account as soon as you sell your Bitcoin on Bitkoin Africa. Due to certain clearing delays, it might take a few hours for you to get the credit alert.
7. Easier to use

Bitkoin Africa is easy to use. Our software development team has years of experience developing software for Africans and ensures the website is up to speed. It loads in less than 5 seconds. We’ve also made it easier to use with a beautiful and yet simple user experience.