MILESTONE | P2P Crypto Marketplace, NoOnes, Surpasses 2.5 Million Users Globally

Peer-to-peer crypto marketplace, NoOnes, has announced it had surpassed 2.5 million users globally driven by rising demand for digital financial services across emerging markets and expansion of its crypto-based payments ecosystem.

The company said growth was strongest in regions across Africa, Latin America, and Southeast Asia where users increasingly rely on peer-to-peer crypto services for remittances, payments, and access to digital commerce in areas with limited banking infrastructure.

Founded by former Paxful CEO, Ray Youssef, NoOnes operates a marketplace that allows users to buy and sell cryptocurrencies directly using local payment methods, gift cards, and mobile money services.

The platform has been expanding beyond basic peer-to-peer crypto trading into a broader financial ecosystem that includes crypto swaps, gift card trading, mobile top-ups and virtual payment cards.

NoOnes said gift cards and voucher trading now account for more than 10% of marketplace activity as demand grows for alternative payment rails that bypass traditional banking systems. The company earlier said it planned to expand its marketplace to support thousands of international and regional retail brands.

The milestone highlights growing adoption of crypto-enabled financial services in the Global South where digital assets are increasingly used for cross-border payments, inflation hedging, and access to global commerce.

Analysts and development institutions have pointed to digital finance and peer-to-peer technologies as key drivers of financial inclusion in developing economies.

Stay tuned to BitKE on crypto developments across emerging markets.

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