What do you need to set up an account on Palremit?

To set up a Palremit account, you need to:

• Download the Palremit mobile app on Android and IOS. Provide your email address, preferred password, and other required information.
• The next step is to complete the KYC (Know Your Customer) verification process. Provide a selfie photo and your Bank Verification Number (BVN).

• Then fund your Palremit account by depositing local currency, which you can then convert to other supported currencies like USD or cryptocurrencies like Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), or Tether ($USDT).

• Set up your unique Palremit ID, which is your username that others can use to send you money via the peer-to-peer (P2P) feature.

Once your account is created and verified, you can use Palremit’s services to send and receive payments, swap currencies, and make purchases using your Palremit multi-currency wallet.