In Nigeria today, there are restrictions against the buying and selling of cryptocurrencies. It’s caused a lot of people to come up with more creative solutions to buy and sell cryptocurrencies.

One of those solutions is Onboard Wallet, the wallet is a self-custody wallet that allows you to convert crypto tokens to your local currency. The app is straightforward and very easy to use, the registration process is seamless as well. All you need is your email address and phone number eliminating the need for seed phrases although you still need to back up the private key generated for you and that also is easy as well.

What Onboard Wallet Offers

1. Local Currency Conversion: The wallet allows users to exchange their tokens for local currency. Users can exchange their currency through various methods such as Instant Pay or Direct Pay to their bank accounts, P2P exchanges, and Onramper. These options facilitate the automatic conversion of tokens into local currency and direct transfer to the user's account, reflecting the current local exchange rate.

2. Virtual USD Card: Onboard Wallet facilitates the creation of Virtual USD cards. Users have the ability to generate USD cards, fund them using their crypto tokens or directly through their bank accounts, and utilize them for online shopping or global service subscriptions.

3. Token Swap & Bridging: Users can effortlessly swap or bridge their tokens across multiple chains within the app. The app presently supports Base, Arbitrum One, Optimism, BSC, Ethereum, and Polygon, allowing for seamless token swaps across these networks.

4. Low Gas Fees: Onboard Wallet boasts some of the lowest gas fees among self-custodial wallets. Swapping coins or performing any actions that require gas fees is cost-effective due to their notably low charges.

5. Onboard Hub: The Onboard Wallet is home to a variety of dApps, organized into five sections: Finance, Utilities, Media, Gaming, and Collectibles. Within each category, there's a dedicated dApp that allows users to sell cryptocurrency, create posts, play games, and purchase NFTs. This segment of the app is sure to enhance your experience.

6. P2P Exchange: Users have the ability to trade their tokens using the wallet's P2P exchange feature. Additionally, they can convert their tokens directly into their local currency through the exchange.

Onboard Wallet has significantly impacted the Web3 space in Nigeria and across Africa. It forms a part of the Onboard ecosystem, which includes the Onboard protocol, Onboard exchange, Onboard Connect, as well as the core contributors and community. Information about the ecosystem is available for further reading.

The application can be downloaded from both the App Store and the Play Store.