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[Fiat] Add Franc CFA | [Fiat] Add Mobile Money Payment Method (Orange Money & MTN Money) #86

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Cyan-Alvein opened this issue Feb 10, 2025 · 0 comments
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fiat Fiat currencies

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@Cyan-Alvein
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  • I DO NOT confirm there are no other open issues about this asset.
    This webpage https://github.com/orgs/haveno-dex/projects/6 show me a 404 error message

  • I understand that adding the asset is at discretion of the Haveno Core Team and applying doesn't necessarily imply acceptance

What's the ISO code of the currency?

XAF : Central African CFA franc
XOF : West African CFA franc

Why should it be added to Haveno? How would it benefit the project and the community?

People in Africa Countries like myself will be able to buy Monero on Haveno. So more people will join the Haveno Community.

At the moment I am typing this, it is impossible to buy Monero directly with Mobile Money. So Haveno will have 0 competition.

The only website available " https://noones.com/buy-monero/mtn-mobile-money,orange-money?currencyCode=XAF&countryIso=CM "
which allow to buy Monero in Africa, and use Mobile Money Payment Method (Orange Money & MTN Money) always has 0 offer for buying XMR.

Where is the currency used?

For XAF:
Cameroon
Central African Republic
Chad
Congo
Gabon
Equatorial Guinea

For XOF:
Benin
Burkina Faso
Côte d'Ivoire
Guinea-Bissau
Mali
Niger
Senegal
Togo

Why would Haveno be beneficial for the people using this specific fiat currency?

Africa is the world's largest and most populous continent. Yes, even larger than Asia BY A LOT. Don't believe fake news media.
True, very few got brain like I do. But since we are so many, it will be huge amount of people joining the Haveno Community

Additional notes

  • Mobile Money Payment Method allows you to send money to someone by using your phone number and his phone number ONLY.
  • Both party MUST use the same SIM carrier. So someone using Orange, can only send money to another one using Orange. Same for MTN.
  • When you send the money, the name of the receiver will be fully displayed on your phone before you can confirm the transaction.
  • There is no chargeback risk, it is an Instant Payment
  • Everyone uses it. Very few uses a Bank Account.
  • On Binance & Noones.com, Mobile Money is the most used payment method.

Link about Orange Money: https://orangemoney.orange.cm/en/orange-money-pricing.html

@Cyan-Alvein Cyan-Alvein added the fiat Fiat currencies label Feb 10, 2025
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