Updated Fluid Accounts EXPLAINED
Here at Fluid, we’ve seen an unprecedented amount of new users from Nigeria. In response to our surge of new users, we’ve adapted to the special circumstances in this region by making some changes to your Fluid Accounts. These account changes are offered exclusively to our Nigerian Fluid members and are now LIVE, as of Saturday 15 October.
How it works
When you top up your Fluid Account using a Nigerian bank account you automatically benefit from the real exchange rate; these earnings can be directly redeposited into your bank account or be used within the Fluid app. Added currency protection means you can secure profits without leaving the digital ecosystem. From there take advantage of Fluid’s in-app P2P (peer-to-peer) exchange. Our P2P marketplace offers competitive exchange rates, low-cost transaction fees, and the flexibility to trade at your preferred price. When you’re ready to withdraw, Fluid makes it simple, and you can withdraw NGN directly to your bank account.
This is only the beginning
We have big plans for the future. P2P NGN transfers are coming to Arbitrum. At every step, we are making digitized finance faster, easier, and cheaper. With Fluid Finance, users benefit from a truly global financial alternative.
We offer a real exchange rate
Fluid believes in levelling the playing field and offering a real exchange rate for our Nigerian users. The updated Fluid Account gets you access to our unique simplified route. Take advantage of Fluid’s P2P market which consistently uses the current exchange rate. The failure of the traditional banking system doesn’t need to define the way you manage your money. Get the very best of traditional and digital finance all in one super-app.
See our tutorial video here:
Instead of minting your DUSD on-chain, you can now withdraw your funds to your bank account directly, through our P2P system. Your funds will be sent to your bank account within 24hrs.
We support almost all official banks for your withdrawal. You can check the list in the app
We will take a 10% fee on top-ups, however thanks to our real exchange rate, you will be able to end up with more Naira than invested initially, if the rates are favorable. You can check the current rate in-app, and you will see the rate at the moment of top-up to your Fluid Account.
Good news! Very soon you will be able to top up by card even if you have not completed identity verification. We are also working on adding more top-up options.
These new features are now LIVE, as of Saturday 15 October. Check out the web app to start using it!
📆 Be part of the Future:
Download the mobile app! Available on iOS and Android!
- Follow our Twitter
- Check out our website: fluid.ch
- Sign up for an account at: app.fluid.ch (<15 min)
- Join our Telegram community & the Announcement Channel
- Or our Discord community
- Inspect our GitLab
- Watch our YouTube
- Read more about digital dollars (DUSD)
We’re constantly looking for talented developers and other professionals to join our team. Many in the core team started as investors and community members.
We’re also pursuing partnerships across the ecosystem, mainly to grow the adoption of DUSD, and Fluid accounts.
Signing up on our web-app is an easy and intuitive process.
If you prefer detailed instructions on how to use the web-app, you can read this piece:
Don’t trust, verify:
Digital dollars (DUSD) — fully backed 1:1, transparent on-chain 24/7, and of course, based in Switzerland.
