Is Cenoa Better than Grey & Cleva?

For freelancers and remote workers in Nigeria, the process of receiving payment from clients and employers abroad, especially in the US, has evolved over the years. From not being able to receive payments securely to now being spoiled for choice, thanks to the growing number of businesses providing this service, we have come a long way. 

However, some ghosts from the past continue to haunt freelancers and remote workers even with new players in the market. Things like delay in settlement, high costs of processing these payments, and unfair exchange rates have made it harder for users to truly put memories of the past behind. 

Introducing the contenders

Simply put, Cenoa helps freelancers and remote workers get paid in full. By eliminating the high cost of withdrawals, reducing wait time, and optimising exchange rates, Cenoa has gained fans in the Nigerian market and risen to the top quickly. 

Grey Finance offers Nigerian freelancers a platform to receive payments from their clients abroad. They also provide currency exchange services and other financial tools relevant to remote workers and digital nomads.

Cleva provides a platform for Nigerian freelancers to receive payments from international clients. Cleva boasts a functional feature set that includes payment tools and educational resources designed for freelancers, remote workers and hopefuls.

Is Cenoa App Legit?

One of the first questions many freelancers ask when considering a new platform is whether it is legitimate. Cenoa has established itself as a credible player in the freelancing arena. With a solid foundation of positive user reviews and testimonials, as well as its commitment to transparency and user support, Cenoa has proven itself to be a reliable option for freelancers. 

Cenoa is a financial technology company built on cutting-edge technologies such as blockchain, digital dollars (USDC) and artificial intelligence to make e-exports and global trade more accessible, equalizing opportunities for everyone. Cenoa is not a bank, but a modern, user-friendly and financially smart way to receive your international payments, launched in 2022 and backed by Mastercard, Cenoa partners with the world's leading financial companies such as Stripe, Lead Bank, and Circle (USDC).

In addition to having a solid track record of delivering quality services for its customers, Cenoa adheres to strict security protocols to ensure the protection of user data and transactions, further solidifying its legitimacy in the market. 

Can I Use the Cenoa App?

Currently, Cenoa is available to users in Nigeria, Turkey, and Europe. This geographical reach allows freelancers from these regions to leverage the platform's features and benefits. 

Nigerian freelancers, in particular, can take advantage of Cenoa’s tailored services designed to meet local needs while also connecting with a global audience.

Cenoa vs Grey vs Cleva

When comparing Cenoa to Grey and Cleva, several factors come into play. Here are a few key areas where Cenoa shines brighter:

• Fees: Compared to Grey & Cleva, Cenoa is cheaper when it comes to deposit fees for US account holders. That is, when it comes to getting paid, you spend less to receive your money on Cenoa than you do on Grey and Cleva. On Cenoa, you pay 0.5% while you pay 1% on Grey and 0.8% on Cleva. 

• User Experience: Compared to Grey & Cleva, the Cenoa app is designed to give the user more freedom and simplicity. Cenoa is powered by the Blockchain and the Cenoa Wallet is designed to be non-custodial, allowing the user to hold all the power and access their funds any time. 

• Speed: Traditional finance still relies heavily on SWIFT for global transfers. Meanwhile Cenoa enables global transactions in a matter of seconds for a fraction of the cost through blockchain infrastructure. This means that your funds move faster and users on Cenoa receive international payment in 1-3 business days. 

• Transparency: Cenoa sets itself apart with real-time transparency on fees and exchange rates. Right from the homepage, users can view buy and sell rates for currency exchange and a comparative analysis of markup. These details are also shown at the point of withdrawal or deposit so that users can make fully informed decisions before every transaction—a feature that is often missing on other platforms where fees or FX rates are only revealed after the fact.

• Global Transfers: In addition to giving freelancers, remote workers and e-exporters the tools to receive money from global clients, Cenoa also empowers users to send money to anyone in over 40 countries with zero fees.  

• Annual Returns: Compared to Cleva and Grey, your money is never idle on Cenoa. You earn 5% annual returns on your funds by simply leaving them in your wallet.

Conclusion

In conclusion, while Grey and Cleva are reputable platforms for freelancers, Cenoa stands out as the superior choice for Nigerian freelancers. Its user-friendly interface, tailored payment solutions, security, speed and transparency, make it an attractive option for anyone looking to thrive in the gig economy. As the freelancing landscape continues to evolve, Cenoa is poised to lead the way for freelancers in Nigeria, providing them with the tools, resources, and support needed to succeed.

So if you’re a freelancer in Nigeria looking for a platform that truly understands your needs, consider making the switch to Cenoa.