About Glimswave

Glimswave has made it possible to exchange Bitcoin, other digital currencies with a trusted naira to cedi conversion in the shortest time possible. We have created a whole new system, which allows people to trade currencies within minutes, rather than days. By choosing Glimswave you have all the exchange privilges with our fast response ready to answer to your requests

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Our Services

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Bitcoin to Cedis Exchange

Exchange your Bitcoin to Cedis and get your Cedis exchanged to Bitcoin at the best rate.

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Bitcoin to Naira Exchange

Exchange your Bitcoin to Naira and get your Naira exchanged to Bitcoin at the best rate.

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Cedis to Naira Exchange

Exchange your Cedis to Naira and get your Naira exchanged to Cedis at the best rate.

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Giftcard Exchange

Exchange your Giftcard at the best rate.

Why Choose Glimswave?

Speed Delivery

Glimswave's interface allows our customers to exchange currencies in the fastest time possible..

Reliable and Secure Transactions

Our trasactions are dependable and certain to remain safe. We are consistently caring out quality exchange and are 100% trustworthy

Support

We have a fast response team whom are ready to respond to your enquires or complaints no time.

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How We Operate

We recieve your requests

We understand that you may need to exchange your currencies and send to loved ones, our ever present team takes your order.

We process your order

With our reliable client response time, we process your order without hassle

Your currency is complete!

Hurray! with just a few clicks your transaction is done, it will be marked as “completed” and money sent immediately.

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Core Team

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Macdonald Enwereuzo
Head of Operations, Nigeria
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Macdonald Enwereuzo

Head of Operations, Nigeria

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Blockchain 85%
Decentralization 68%
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Riridollarzz Aning Rejoice Akosua
Chief Marketing Officer
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Riridollarzz Aning Rejoice Akosua

Chief Marketing Officer

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Torvinya Freda
Head of Operations, Ghana
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Torvinya Freda

Head of Operations, Ghana

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Kachi Eze
Brand Manager and IT consultant
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Kachi Eze

Brand Manager and IT consultant

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What Our Customers Say

FAQs

Below we’ve provided a bit of cryptocurrency related questions. If you have any other questions, please get in touch via email.

What is cryptocurrency?

Cryptocurrency is basically a digital form of currency with the support of cryptographic security for conducting trusted transactions. The underlying technology which runs cryptocurrencies is blockchain, and it offers a ledger for documenting all transactions. As of now, you can find multiple cryptocurrencies in circulation, such as Bitcoin, Ether, and many new cryptocurrencies. The cryptocurrencies run as decentralized systems or networks without allowing complete control to a specific entity. Another important highlight of cryptocurrencies refers to the method for generating them. For example, miners could use their computing resources and electricity for mining cryptocurrency or stake their assets in a network for earning governance tokens.

Bitcoin is a decentralized digital currency, it is not backed by any single country or bank and is usable anywhere in the world by anyone with a computer or smartphone and access to the Internet.

The first-ever cryptocurrency, Bitcoin, is the first successful implementation of blockchain in the real world. Blockchain technology is basically a transparent, publicly accessible, trustless, and secure ledger. It helps in secure transfer of the ownership of units of value by leveraging proof of work consensus and public-key encryption methods. Blockchain leverages decentralized consensus for maintaining the network, thereby excluding intermediaries such as government, banks, or corporations from the process. On top of it, the expansion of the blockchain network increases the level of decentralization, thereby strengthening security on blockchain. Interestingly, the capabilities of blockchain technology don’t focus on Bitcoin only and also extend to financial services, healthcare, and gaming.

Interestingly, you can find various reasons for the popularity of cryptocurrencies. One of the most common reasons for popularity of cryptocurrencies refers to the assumptions suggesting that cryptocurrencies are the currency of the future. In addition, cryptocurrencies also remove banks and other financial intermediaries from focusing on reducing the value of money. Most important of all, the technology behind cryptocurrencies, i.e., blockchain, is the biggest draw for the future of crypto. Blockchain offers a decentralized system for processing and documenting transactions with better security in comparison to conventional payment systems. On top of it, the rising value of cryptocurrencies also encourages people to turn towards cryptocurrencies in large numbers.

Popular cryptocurrencies such as Ethereum and Bitcoin work by using three basic pieces of information. The first important aspect in the working of cryptocurrencies is the address related to a specific account. The second important piece of information is the balance you would use for sending and receiving funds. Another significant aspect for the working of cryptocurrencies would refer to the public and private keys associated with a specific address. You can generate a private key by generating a Bitcoin address which would also help in identifying the corresponding public key. Subsequently, you can use the address as a representative of the public key for different transactions. On the other hand, the private key offers control over ownership of the funds in a specific address.

Is it reasonable to invest in cryptocurrencies?

If you want to find whether cryptocurrencies are a good investment, then you should definitely know that they are volatile. Cryptocurrencies do not generate any cash flow like real currencies and are not stable. A currency should have stability which could help merchants and consumers in deciding the fair price for goods. Bitcoin and many other popular cryptocurrencies have barely shown any sign of stability since their inception. For example, after rising to almost $20,000 in 2017, the value of Bitcoin dropped to almost $3200 in 2018. Now in 2021, Bitcoin has been successful in attaining record high levels. With price volatility as the main concern, it is quick to arrive at a conclusion about investments in cryptocurrency.

Interestingly, you could purchase some cryptocurrencies such as Bitcoin directly with fiat currency like US dollars. On the other hand, you might also find some cryptocurrencies which you have to purchase with Bitcoins or other cryptocurrencies. You can buy cryptocurrencies through a wallet, which is basically an online app for holding your crypto assets. Users generally have to create an account for a specific exchange and transfer actual money for purchasing cryptocurrencies such as Ethereum or Bitcoin. One of the popular examples of platforms to buy and sell cryptocurrency is Glimswave. The renowned cryptocurrency trading exchange helps you create a wallet and conduct cryptocurrency transactions easily.

The crypto wallets are basically platforms for secure storage of digital assets in comparison to exchanges. Users could hold a wallet through an exchange account or a custody wallet and even from outside the exchange. As a matter of fact, cryptocurrency wallets help in storing the private keys to your cryptocurrency on the blockchain. You can find two distinct variants of crypto wallets such as hot wallets and cold wallets. Users can access the hot wallets with connectivity to the internet through their desktops, mobile phones, or tablets. On the other hand, cold wallets store private keys to cryptocurrency of users in offline storage, thereby ensuring better security. However, you have to focus on the security of the cold wallet itself, which might be in the form of a USB device or paper.

The primary foundation of Bitcoin and other notable cryptocurrencies is public-key cryptography. According to the cryptographic system, two different types of keys, such as public key and private key in pairs, can support crypto transactions. The public keys are important for identification and should be publicly visible. On the other hand, the private keys help in authentication and encryption, thereby implying that they are secret in nature.

Blockchain does not allocate control to a single entity in the case of cryptocurrencies. However, the creators or developers of cryptocurrencies can set specific parameters such as rules for purchasing or selling cryptocurrency. On the other hand, users get the privilege of controlling or managing the day-to-day operations of cryptocurrencies in a distributed manner. In addition, the identity of owners is anonymous, and you could not find any solid regulatory framework for verifying ownership of cryptocurrencies. However, some countries are investing efforts in introducing some regulations in this area for countering illegal activities. The legal framework for cryptocurrencies could help governments in fighting off the concerns of terrorism financing and money laundering with cryptocurrencies. Furthermore, regulations could also strengthen control of governments over monetary policies with respect to cryptocurrencies.

Is It Safe to Buy Crypto in Ghana?

Buying cyptocurrency in Ghana is a great way to start generating revenue, but it can also be risky. You don't want to invest money that you don't have. There are many reasons why you might want to avoid investing in crypto as a Ghanaian trader. The first is because crypto investing can be high risk as cryptocurrency markets are very volatile. Volatile cryptocurrency markets are suited to more experienced Ghanaian investors, who understand crypto risk management. Although a crypto asset with higher volume and a better reputation increases the chances of legitimacy, this doesn't guarantee cryptocurrency trading success. There are also a lot of cryptocurrency scams out there, which makes this an especially dangerous option. You should always do your homework before investing in cryptocurrency from Ghana. Before you invest, read the crypto project's white paper and find out who the founders are. It's best to stick with established coins that are well-known in the Ghana market. While it's possible to buy new coins, it's best to stick to popular, established ones. A few crypto projects in Ghana may have a small group of investors that artificially inflate the price.

Bitcoin is legal, as such, you can just go ahead and buy Bitcoin with Ghanaian cedi on both mobile and desktop. Bitcoin in Ghana is a very new phenomenon, and it’s still in its very early stages. However, you can purchase Bitcoin available from a well-recognized cryptocurrency exchange

Yes, you can convert Bitcoin to cash in Ghana. There are many different Bitcoin exchanges that can be used to convert Bitcoin to cash in Ghana, and the best of them is Glimswave.

Trading in cryptocurrency is legal in Ghana, but Ghanaian or other African regulatory boards have not issued or approved any cryptocurrency exchange platform It’s important to understand that cryptocurrencies are not issued or guaranteed by any government, central bank, or other legal authority. This means that the value of crypto is only determined by the market. When trading, it’s always best to get a feel for what others think about a certain coin in order to give you an idea of how much it’s worth when exchanging for another type.

Is forex trading legal in Nigeria?

Forex trading - and all forms of trading for that matter, is legal in Nigeria. You do, however, need to ensure that you use a regulated brokerage firm.

Yes - due to the volatility of the Nigerian naira - many traders are now turning to cryptocurrencies like Bitcoin. All you need is a trusted online crypto broker like Glimswave.

In reviewing the best trading platforms in Nigeria - we found that you can usually deposit funds with a debit/credit card or bank wire. Many brokers also support e-wallets like Paypal.

Very few active brokers offer a market on the Nigerian naira - as this currency is super volatile and suffers from low levels of liquidity.

Contact Us
  • Madina
    God with us plaza, beside Melcom, Madina Market,
    Accra, Ghana.
  • Tema
    Prime Pharmacy premises, Opp. Big Ray's rooftop, Devtraco court road, Comm.
    25 Tema, Accra, Ghana
  • +233 (0) 593502976
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