Digital Asset Exchange OKEx Makes Entry Into Africa

By Alo Kingsley   Sep 23, 2019 1 Min Read

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Recently, Africa has been seen to be in alignment with the mass adoption of cryptocurrency and is increasing in the level of blockchain-related activities. 

 

The global digital asset exchange OKEx  has announced its plans to host events across Africa in an effort to make its mark on the continent.

 

OKEx being a Malta-based digital asset exchange, offers comprehensive digital asset trading services, including services such as spot trading, fiat-to-crypto exchange as well as derivatives trading for traders on a global scale within the blockchain ecosystem. 

 

Africa has clearly shown a high level of increase in the interest of blockchain and cryptocurrencies; likewise, this is evident in the hosting of meetups this month by African company leaders and major players within this space. Cities such as Lagos, Abuja , Cape Town, Nairobi, and Accra have shown tremendous involvement in the crypto sphere these past few months.

 

Although going by the constant depreciation of fiat followed by the unfriendly political and economic environment in many African countries which has necessitated the increase of interest we could see that the continent still faces a lot of bottlenecks in safely buying, trading and managing their digital assets. Andy Cheung, Head of Operations at OKEx, said: 

"Cryptocurrency exchanges have a responsibility to their customers to provide a safe, secure, and user-friendly experience. Our goal at OKEx is to usher in a new era of cryptocurrency adoption in Africa, and we'll do this by providing a level of approachability and professionalism that thus far has not been delivered in the ecosystem."


About the author

Alo Kingsley    📧
A blockchain/cryptocurrency enthusiast and writer with immense interest in the decentralized power inherent in cryptocurrencies and the growth of the disruptive innovation of blockchain in, Africa.




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