We have compiled a comprehensive list of FAQs to provide you with clear, concise answers to some of the most common queries surrounding cryptocurrency on Redem.
Whether you are a beginner or a frequent cryptocurrency trader, the FAQs are designed to clear your doubts.
1. How do I sell crypto on Redem?
Log in on your Redem app, click on the ‘Crypto’ button then proceed to select the Coins you wish to trade.
2. What determines crypto rates and prices?
Crypto rates are determined by several factors, including availability, Supply and demand
3. What do I do when I get an ‘unconfirmed BTC’ feedback?
Kindly wait for the confirmation to be completed, the BTC will reflect your wallet.
4. Can I receive cryptocurrency in my Redem wallet?
Yes, you can
5. What type of crypto can I sell on Redem?
You can sell Bitcoin(BTC), Ethereum (ETH), Tron (TRX), and Tron (USDT).
6. Do I get rewards when I trade my crypto on Redem?
Yes, you earn cash rewards when you trade crypto specifically on the app.
7. How long does a Crypto transaction take on Redem?
Crypto transactions are conducted within seconds, sell crypto and instantly receive naira.
8. Is there a minimum and maximum crypto I can receive and sell?
The minimum amount of crypto you can sell & receive is $5. There’s no maximum.