Ruth Iselema is the Co-founder and Chief Executive Officer of Bitmama, a cryptocurrency trading platform targeted especially at women and minorities in Africa. In this interview with Nigeria Today News, she said Bitmama is vital to the growth of crypto in Nigeria/Africa. She also argues that while now remains the best time to invest in crypto, potential investors must never see it as a get-rich-quick scheme. Excerpts.

NTN: What is Bitmama?

Bitmama is an exchange where you can buy and sell Cryptocurrencies like Bitcoins or Ethereum. Designed to help crypto users leverage on the potentials of the blockchain, the Bitmama website offers easy and fast cryptocurrency trades. Asides being an exchange, Bitmama is a financial service provider and aims to spread the knowledge of cryptocurrency and Blockchain to everyone especially to women and minorities in Africa.

NTN: Describe briefly how it works?

Bitmama is designed is such a way that you can buy cryptocurrency with your Naira/Cedi debit/credit cards. After registering on the platform, you can input the amount of BTC you want in Naira or Ghana Cedis and once you fund your wallet and click on the buy button, you will have your BTC sent to you in real-time to your wallet on the platform.

NTN: What inspired this solution?

Financial security is one of the desires of man and Bitmama aims to provide that. The aim is to provide easy access to financial services and a place where people can have peace of mind trading and be sure of the security of their funds.

NTN: How would you describe the initial reaction to the solution by users and crypto enthusiasts?

Read the full interview here http://nigeriatodaynews.com/news/cryptocurrency-is-not-a-get-rich-quick-scheme-ruth-iselema

I agree, many see it as a get rich scheme but it's not, thats why they lose money, and end up discouraging others. You need to have a lot of patience if you are investing.

I don't know about Bitmama, so can't say much on that, hope they can provide a long lasting solution and not fold up like many others do, right now I'm sticking with legit trading platforms like Binance.

I think online betting is even easier than crypto