A cryptocurrency exchange that partners with blockchain projects to enhance financial services and accessibility.
Quidax discontinues P2P trading as Nigeria’s crypto rules tighten
Quidax has discontinued its peer-to-peer (P2P) trading feature after five months of operation. The decision was influenced by user preference for faster trading options like instant swaps and order-book trading.
After 20k tweets and over 100 trades, here’s the truth about P2P crypto trade in Nigeria
The Central Bank of Nigeria's 2021 directive halted bank facilitation of cryptocurrency transactions, pushing users towards P2P trading. P2P trading has become a popular method for crypto transactions in Nigeria, with platforms like Binance facilitating direct trades.
How One Day in a Bank Queue Turned Ernest Nnamdi Molokwu Into a Global Blockchain Advocate
Ernest Nnamdi was inspired to explore blockchain technology after a frustrating experience waiting in a bank queue in 2018. He pivoted from a career in corporate finance to software development, realizing he wanted to solve financial problems through technology.
Crypto’s dark side: How P2P traders navigate daily scams, fraud, and frozen accounts
P2P trading emerged as a crucial alternative for Nigeria's crypto market after government restrictions on bank transactions in 2021. Scammers are exploiting the anonymity of cryptocurrency to launder stolen funds, turning P2P platforms into battlegrounds for traders.
Seychelles, South Africa rule Africa’s blockchain roost with 95% of funding
Seychelles and South Africa accounted for 95% of venture funding in the blockchain industry in Africa in 2023. Seychelles blockchain startups raised $100 million from six deals while South African startups raised $29 million from 4 deals.
