The DMC wallet App is brought to you by DéMars. An inter-African payments project with the goal of bringing down the cost of cross border transactions.
The current version of the App connects Africa's two largest countries. Nigeria and South Africa. Thus enabling instant micropayments and exchanges between Nigerian Naira and South Africa Rands.
The App is pre-loaded with 4 currencies. US dollars (USD), Nigerian Naira (NGNT), South African Rand (ZART) and Bitcoin (BTC). For those users who want to hold their funds in an alternative store of value and perhaps speculate on the price of Bitcoin versus their home currency.
Note that this is a non-custodial wallet, which means that developers of the App never have access to your wallet. So please ensure you write down your 12 word seed phase as this is the only way you can access your funds should you lose or replace your phone.
Disclaimer: Note that in both South African and Nigeria, holders and traders of digital assets are not eligible for any consumer or financial services protections. You hold, trade and transact in digital assets at your own risk.