NebAfrica's Supported Cryptocurrencies
Currently, NebAfrica supports these cryptocurrencies:
Bitcoin
Etherum
USDT
Solana
USDC
DogeCoin
polygon
LiteCoin
Note
The cryptocurrencies available to you may differ depending on the country your NebAfrica account is verified in.
Why does NebAfrica not support more cryptocurrencies?
Great question! It’s one we get often, and one we often ask ourselves.
With thousands of alternative cryptocurrencies (altcoins – all cryptocurrencies other than Bitcoin) now in existence, and some crypto exchanges supporting as many as possible, shouldn’t NebAfrica be adding as many as possible?
In short, our main priority is keeping our customers’ cryptocurrency safe, and ensuring that the platform is simple to use for everyone.
We’re open to adding more cryptocurrencies, if and when appropriate; however, any new
additions will need to be considered against our criteria.
Security, utility, and market traction
One of the first things we look at is the security of the network. We take extra care to ensure the network isn’t vulnerable to issues such as:
Security breaches
Technical glitches
Pump and dumps
Beyond security, we also take a few other things into consideration:
Does it solve a clear and unique use case? Does a working solution already exist?
Does it have a large community of people who will be willing to adopt this solution?
Is it decentralized? i.e. is it controlled by a single organization or person?
What does the team look like? Do they have experience?
Does it have associations with pump and dump schemes or fraud?
Cryptocurrency forks
Cryptocurrency forks
Our priority is to keep our customers’ money safe, which is why we do not support a large number of cryptocurrency forks that occur. At NebAfrica we share a vision (and responsibility) to make it safe and easy to buy, sell and learn about cryptocurrency. Many fork proposals don’t add significant value and just add complexity and confusion to the market.
Keeping it simple
We want to make sure our customers can use NebAfrica with ease. That means we think seriously about anything we add because we don’t want to overcomplicate it. It can all be a little overwhelming if you’re new. add complexity and confusion to the market.