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Introduction to DEXPAY

Web3BridgeThu, Oct 9, 2025, 12:00 AM

Introduction to DEXPAY Web3 Lagos Conference 2024

Transcript

GM web 3 Leos my name is Aquila Dex pay we're doing something really exciting for every crypto person especially in Nigeria that we think every person should be excited about and then in a few minutes I want to tell you what is what we doing what it is we're doing at dexp how it really concerns you the future of dexp and how you can connect to what we're doing in dexp earlier this year one of the biggest things to happen in Nigerian crypto space was binance P2P ban that came as a shock to everyone you don't know where to trade your crypto there was no bridge between crypto and Fiat and that showed us something really important it is that crypto is a decentralized space am I right you would agree with me that crypto is Ming decentralized am I right but it's a it's a flaw if decentralized spaces are having centralized P2P exchanges let me make that clear if you say that crypto is a decentralized space but then the only way to bring your money into crypto or to take your money out of crypto is to go through a centralized exchange then maybe crypto is not as decentralized as we all thought it was do you agree with me you say somewhere somewhere is a place is decentralized but the only place to get through into that space is through a centralized exchange then the space is actually centralized because the gate itself is centralized and that's a flaw that Dex pay is solving so what is Dex pay doing Dex pay is allowing crypto users to buy and sell crypto in a decentralized manner from their self custodial wallet so instead of opening an account on binance or buybid or wherever and then going there to trade P2P you just open Dex pay connect your wallet you can open ads you can buy you can sell crypto now that is exactly what dexp is doing so give me a minute please now we strongly believe that important infrastructures in the web 3 space should be decentralized and this is the core of what Dex is currently doing we are allowing you to buy and tell crypto from the safety of your self custodial wallet currently we have a minimum viable product on binance Smart chain so if you have a metam mask or you have a trust wallet you can go to app. dp. right now and in one minute You' be able to buy and sell crypto through your self custodial wallet it is completely decentralized that's what makes dexp different from every other centralized exchange because we believe that in Nigeria if the only way especially in countries in countries where there are governments that are frowning on crypto in a way if we put ourselves at the mercy of centralized infrastructures then the future is not looking very bright for our so-call decentralized space but with that you can also join that bad God of decentralizing some of the most important infrastructures in web 3 and that is by using dexp we have our minimum viable product live on bance Smart chain this is what it looks like so once you get a DEX pay here can connect your wallet whether you're using your phone wallet browser or you're using a laptop you're going to connect your wallet sign up with your details at your name your phone number so that whoever you're trading with can always call you to ask hey bro release the asset or something and then you can start trading now the most important thing about Dex pay is that we are not providing that liquidity we are just making sure that one person person can trade with another person in a decentralized way that is what we're doing and the whole trade you're doing on dexp is onchain it is not it is not um monitored or supervised by anyone it is completely onchain you're making sure that it is 100% decentralized Dex pay decentralized payment and then beyond that what can we do with dexp if we build an infrastructure that allows two people to buy and sell crypto in a decentralized way think about what's possible with that you can make decentralized payments with that that means I can have crypto I'm buying food at a restaurant I want to pay them in naira I can pay with my crypto without going through any centralized exchange why because there's already a platform there's already uh an infrastructure a foundation that Bridges between crypto and Fiat that's the Grand Vision for Dex pay we are going to have Dex pay for businesses where businesses there are so many businesses in Nigeria today that cannot accept crypto payments because if you accept crypto payments then you have to change it to naira am I right and if you're going to change to you have to go through centralized exchanges some people just don't like the hustle and all those things but if there a decentralized platform there's a decentralized infrastructure that Bridges crypto to F to Fiat that means if you're a business owner if you're a freelancer you can accept crypto payment but you're getting Nira and it is completely decentralized it completely changes the way crypto operates especially here in Nigeria let me give you another use case if you want to pay something abroad crossb payments we all know that so many um trfi institutions don't allow you to have naira and then make payments abroad am I correct but imagine if you can par that with crypto and also in a decentralized way in such a way that it is not easy to censor it is transparent AR it is onchain if you make a trade on Dex pay you can go to the um blockchain scanner and you see your trade it's completely Unchained and decentralized now um there are so many things that you might probably have questions about how to use Dex pay like I said you can use dexp app. dex. just connect your wallet put in your details and start trading we are still around I am around the guy behind me Daniel can you say hi new yeah if you have any questions you can reach out to us or you can join our community sorry you can just can this join our community on telegram we're right there to answer your questions to bring you on board start using dexp and yeah I'm still around till the end of the conference guys if anyone has any questions thank you very much guys use XP thank you

Automatic transcript — names and jargon may be misspelled.