South African cryptocurrency exchange platform Quidax just raised a whopping $3.5 million in seed funding, as well as completed its first transaction of $750 million worth of Bitcoin. The startup has been working in stealth mode for the past two years, and is now ready to announce itself to the global crypto community. They’re not stopping there, though; they’re working to establish a partnership with Mastercard, which will allow them to process payments using fiat and cryptocurrencies alike.
African Exchange, Quidax Processes Over $3.2 Billion in Transactions, Announces Global Expansion – Press release Bitcoin News African Exchange, Quidax Processes Over $3.2 Billion in Transactions, Announces Global Expansion – Press release Bitcoin News Africa’s largest cryptocurrency exchange, Quidax, has processed over $3.2 billion worth of transactions within a single year. The company announced on September 3, 2018 that it hopes to expand into Asia and Europe within the next few months.
PRESS RELEASE. Crypto-currency exchange Quidax officially announced its plans to enter the global market outside of Africa on Monday, May 10. They also announced the launch of their own QDX token and revealed their intention to reposition themselves as the global headquarters for BEP20 tokens.
Quidax is a crypto-currency exchange that was launched in August 2018. It initially positioned itself as an Africa-focused cryptocurrency exchange, but after some developments in February, it announced a change in strategy.
Quidax CEO Buchi Okoro began by stating that the company has processed over $3.2 billion in transactions since launch and has grown from 50 customers in 2018 to over 400,000 customers in 72 countries today.
Quidax launches its token on startup site JulPad in May
Quidax is about to launch QDX, its own token. QDX will be a BEP20 token that will perform all functions of the Quidax ecosystem, from exchange fees to betting, management and all financial products.
Quidax will be the first project to launch on the Julswap launchpad, JulPad. The decision to launch on JulSwap is strategic because JulSwap has made great progress in a short period of time.
BEP20 Medal house
Speaking about his new direction, Buchi Okoro said We plan to become a global home for BEP20 tokens. This means that anyone in the world can trade over 100 cryptocurrencies in the Binance smart chain ecosystem on Quidax.
He also added that in the next 6 months, they will launch 7 products with a combination of CeFi and DeFi that will add value and wealth to their customers.
Quidax aims to become the home of BEP20 by giving everyone access to Binance Smart Chain (BSC) tokens and popular crypto-currencies. In addition to instant exchange services, Quidax offers OTC exchanges and provides tools for fintech companies to offer cryptocurrency services to their customers through a dedicated API. Quidax officially launched in 2018 and now has over 400,000 customers in over 70 countries.
Website : Quidax.com.
Quidax runners: Quidax.com/QDX
QDX Token Community (Telegram): https://t.me/QDXToken
Quidax global community (Telegram): https://t.me/QuidaxGlobal
This is a press release. Readers should exercise their own due diligence before taking any action with respect to the advertised company or any of its affiliates or services. Bitcoin.com shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services mentioned in the press release.
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