A new business trading in bitcoin, International Reserve System, has made its entry into the Nigerian market.
Known for trading in bitcoin, the top shots of the company recently visited Nigeria to deliver a lecture at a seminar geared towards getting more Nigerians on board.
According to the Den German, IRS aims to increase the Bitcoin price by trading Bitcoin value online.
German said: "We think that Bitcoin is undervalued today. That is why we have applied a unique mechanism to engage new Bitcoin users and increase its value."
One of the company's topshot, who was in Nigeria recently, Alexander said "We trade in bitcoin to increase the value and generate interest for many of our clients. We make profit and clients on the platform enjoy such profit. We started out in Isreal and been to India and we chose Nigeria because it is largest business hub in Africa."
Speaking on how secured IRS operations are, Alexander said: "IRS owns all necessary documents for transacting such business which we are transacting. Aside that we have offices and head office in the U.S. We also have a president in person of Den German as well as proper structure."