The cryptocurrency market in Nigeria has grown recently as more traders and investors want to invest in virtual currencies like Bitcoin and Ethereum. The increased use of digital currencies by organisations and individuals increased knowledge of the advantages of blockchain technology, and Nigeria’s supportive regulatory framework is fueling this movement.
The growing knowledge and understanding of blockchain technology are the primary drivers propelling the expansion of the cryptocurrency business in Nigeria. Blockchain is a distributed digital ledger that keeps track of transactions made among several computers.
It is the perfect technology for the financial sector since it is secure, transparent, and impermeable. Many Nigerian people and companies are already investing in digital currencies to take advantage of blockchain technology as they see its potential.
Thanks to the introduction of dozens of cryptocurrency exchange platforms, it has become simpler for African traders to trade cryptocurrencies in recent years. In this article, we’ll contrast Breet and Roqqu, two well-liked bitcoin trading platforms in Nigeria. Let’s first examine how these platforms function.
How Does Breet Work?
Breet App is the most popular cryptocurrency trading app in Nigeria. It is automated, easy to use, rapid, secure, and delivers Nigeria’s best crypto rates.
Breet is a platform for an automatic cryptocurrency exchange that enables people and organisations to quickly convert their cryptocurrency into fiat currency if they need to accept cryptocurrency and acquire a flat equivalent of the coin.
You might avoid the tedium of repetitive cryptocurrency market charts and the laborious explanations of what bitcoin is and how it functions by using Breet’s over-the-counter method. Breet allows customers to safely convert and withdraw their cryptocurrencies into real money in less than 5 minutes without using peer-to-peer trading or a third-party agent.
How Does Roqqu Work?
One of the quickest and safest ways to purchase, sell, store, and accept bitcoins is with Roqqu.
No more waiting or being a victim of phoney buyers or sellers. Your digital assets are kept secure when you buy, sell, or store them because everything is protected by military-grade encryption from beginning to end. Built with cutting-edge technology, Roqqu is lightweight and offers almost quick buy and sell orders for novice and experienced traders alike.
Roqqu vs Breet – A Side-By-Side Comparison
We’ll consider the most critical criteria for crypto platforms in this comparison. These elements consist of:
Roqqu is a safe cryptocurrency trading platform that prioritises safeguarding users’ digital assets. The use of military-grade encryption by Roqqu is one of the distinguishing characteristics that set it apart. Government and military groups frequently utilise this kind of encryption because of its high level of security to safeguard sensitive data.
Users’ digital assets are always kept safe with Roqqu since all data and transactions are protected under military-grade encryption from beginning to end.
The security and safety of its customers’ funds are a top priority for the safe and secure cryptocurrency trading software Breet. Breet’s two-factor authentication option during the registration process is one essential element that sets it apart. By ensuring that only the account’s legitimate owner can access it, this extra layer of protection makes it more difficult for hackers to infiltrate the system.
Additionally, before activating an account, Breet requests email confirmation. This adds another degree of security by confirming that the user has access to the email address linked to the account.
For its users, Breet also provides several additional security features. The fingerprint-unlock function, which enables users to access their accounts using their fingerprints, is one of the most prominent. Since fingerprints are personal to each person and are challenging to duplicate, this is a quick and secure way to access the account.
2. Time Of Transaction
When it comes to the speed of transactions on Breet and Roqqu, there is a clear difference. Transactions on Roqqu can take up to 10 minutes to complete, while trading cryptocurrencies on Breet only takes a few seconds. This is because Breet uses an Over-The-Counter (OTC) system for trading, while Roqqu uses a peer-to-peer (P2P) exchange system.
A P2P exchange system-based crypto exchange requires more time to complete transactions. The quickest that a transaction can be finished under P2P is often five minutes, but it can take several hours. This is because both parties must agree on the terms and verify the payments before the funds can be released. This process can continue for several hours, making it a slower option.
On the other hand, an OTC system like Breet doesn’t require any waiting time. Once the funds are verified, they are sent directly to the user’s bank account. It is generally reasonable to say that Breet is faster regarding transactions.
3. Supported Territories
While Breet operates in Nigeria and Ghana, Roqqu operates in Ghana only. The two platforms want to spread to more African nations.
4. Customer Support
Breet is a crypto trading app that prioritises customer satisfaction and offers a reliable customer service experience. One of the standout features of Breet’s customer service is that it is available around the clock. This means that users can reach out for assistance at any time, day or night, ensuring that their concerns are addressed promptly.
Breet’s customer service is also based on user feedback and testimonials, which means that the company is constantly looking for ways to improve the user experience. This approach demonstrates the company’s commitment to providing top-notch service and ensuring that the needs of its customers are met.
In addition to being available 24/7, Breet provides several contact options for its customers. Users can contact for assistance through a phone number, email address, live chat, WhatsApp, Twitter, Facebook, and Instagram. This variety of contact options shows that the company is accessible, dependable, and legitimate.
Roqqu places a high value on customer support and offers a variety of ways for customers to get in touch with the team or get their questions answered.
The website’s FAQ area is one of the first places to look for answers. Users can quickly discover the information they require by using the list of frequently asked questions and the answers provided in this part. The website also contains a knowledge base, which is a vast assortment of articles and tutorials that offer thorough information on a variety of platform-related issues.
You can submit a support ticket to the Roqqu team through the support channel on your dashboard if you require additional help. This makes it simple to ask for assistance and guarantees that your question will be forwarded to the appropriate division.
Other means of communication with the team, including social media, phone, and emails, are also provided by Roqqu
When it comes to trustworthiness, it’s important to evaluate a trading platform’s reputation and customer feedback.
One way to evaluate a trading platform’s reliability is to read customer reviews. Breet has a 4.6-star rating on the Google Play store, with customers praising its easy-to-use interface and fast transaction speeds. On the App store, Breet has a 4.2-star rating, with customers mentioning that the customer service is quick to respond and helpful.
Roqqu has a 3.0 rating on the App store and 3.5 on the Google Play store, with negative reviews on both Trustpilot and social media. It appears that their clients are dissatisfied with the support they get.
Since the team is still attempting to set everything up correctly, this is something that the majority of new trades encounter.
It’s important to remember that no platform is perfect and that there may also be negative reviews. However, a high overall rating and positive customer feedback indicate that a platform is trustworthy and reliable.
In conclusion, Breet has a high rating on Google Play and App store, with positive customer feedback, which is a good indication that it is a reliable and trustworthy platform.
When using a cryptocurrency trading platform, it’s essential to understand any limitations or restrictions that may be in place. Determining these limitations can help you make informed decisions about your trades and ensure that you can use the platform to its fullest potential.
On Breet, there are no withdrawal or trading restrictions. This means that users can trade any amount of cryptocurrencies without any limitations. This is a positive feature of the platform as it gives users more control over their trades and investments.
Roqqu has transaction limits in place for both deposits and withdrawals. This means there are certain limits on the amount of funds that can be deposited or withdrawn from the platform at a given time. These limits may vary depending on the type of account and the user’s verification status.
It’s worth noting that verified users have an advantage over unverified users. Users that have completed the verification process have higher transaction limits, which allows them to deposit and withdraw more funds at a given time.
Conclusion: Roqqu VS Breet
In conclusion, both Breet and Roqqu are popular cryptocurrency trading platforms in Nigeria. However, Breet is considered a better and safer option for trading cryptocurrencies. Breet offers a user-friendly interface, fast transaction speeds, and top-notch customer service. Additionally, Breet has no withdrawal or trading restrictions, allowing users to have more control over their trades and investments and selling at Nigeria’s highest crypto rates.
Roqqu is also a reliable platform with a good reputation, it has transaction limits for both deposit and withdrawal, and verified users have an advantage over unverified users. However, it may not be as fast as Breet and may have some limitations.
Regardless of the platform you choose, it’s crucial to conduct proper research and read multiple reviews before making a decision. Using reputable crypto trading platforms is also important to ensure that your assets are well-protected and secure.
By keeping these factors in mind, you can decide which platform is best for you.
This content is for informational purposes only and should not be construed as investment, tax or legal advice. It is strongly recommended that every recipient seek appropriate independent professional advice before acting on any information contained herein, as Technext provides no endorsement, opinion or advice, including investment, tax or legal, and makes no representation or warranty about the suitability of a product for a particular reader or circumstance.
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