African Crypto Exchange, Quidax Processes over $3.2 Billion in Transactions

LAGOS, Nigeria, May 10, 2021 (GLOBE NEWSWIRE) — Cryptocurrency exchange, Quidax on Friday, 6th May officially shared plans to expand beyond Africa to the global market. They also announced the launch of their native token, QDX and revealed plans to reposition as the global home of BEP20 tokens.

African Crypto Exchange, Quidax Processes over $3.2 Billion in Transactions 1

Quidax is a cryptocurrency exchange that launched in August 2018. The exchange previously positioned itself as an African focused cryptocurrency exchange but stated it had to change its strategy following some events in February.

Quidax CEO, Buchi Okoro for the first time revealed that they have processed over 3.2 billion dollars worth of transactions since their launch and have grown their customer base from 50 customers in 2018 to over 400,000 customers across 72 countries today.

Quidax to launch its Token on JulPad Launchpad in May

Quidax is going to launch QDX, its native token. QDX will be a BEP20 token that will power all the functions within the Quidax ecosystem from trading fees on the exchange, to staking, governance, and all financial products.

Quidax will be the first project to launch on Julswap’s launchpad, JulPad. The choice to launch on JulSwap is strategic due to what JulSwap has achieved in a short period.

The Home of BEP20 Tokens

Speaking on their new direction, Buchi Okoro said, “We are set to become the global home of 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 they will be launching 7 products over the next 6 months with a blend of CeFi and DeFi that will add more value and wealth to their customers.

About Quidax

Quidax aims to be the home of BEP20, giving anyone access to tokens on the Binance Smart Chain (BSC), as well as popular cryptocurrencies. Apart from instant exchange services, Quidax enables OTC trading and gives fintech companies the tools to offer cryptocurrency services to their customers through a dedicated API. Quidax was officially launched in 2018 and currently has over 400,000 customers in more than 70 countries.

Quidax Native Token: Quidax.com/QDX

Social Links

QDX Token Community (Telegram): https://t.me/QDXToken

Quidax Global Community (Telegram): https://t.me/QuidaxGlobal

Twitter: https://twitter.com/QuidaxGlobal

Facebook: https://facebook.com/QuidaxGlobal

Instagram: https://www.instagram.com/quidaxglobal/

Media Contact

Company: Quidax

Contact: Pearl, Communications Associate

E-Mail: pearl@quidax.com

Website: https://www.quidax.com/

African Crypto Exchange, Quidax Processes over $3.2 Billion in Transactions 2
About the author

Brent Dixon is the owner of E-Crypto News and an early adopter of cryptocurrencies. He is a Book editor- that has edited numerous books on Cryptocurrencies. He has been a writer for more than 30 years. Covering everything from Jazz Music to Blockchain Technology. He currently lives with his wife on Miami Beach, Fl.

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin42,770 0.20 % 0.55 % 9.44 %
Ethereum2,924.8 0.49 % 1.02 % 14.28 %
Cardano2.300 0.82 % 0.42 % 2.08 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Binance Coin350.43 0.18 % 2.04 % 13.67 %
XRP0.9441 0.34 % 0.56 % 11.57 %
Solana135.97 0.78 % 3.34 % 7.87 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
USD Coin1.000 0.21 % 0.12 % 0.02 %
Dogecoin0.2086 0.86 % 0.82 % 13.41 %

bitcoin
Bitcoin (BTC) $ 42,627.00
ethereum
Ethereum (ETH) $ 2,919.06
cardano
Cardano (ADA) $ 2.29
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 348.60
xrp
XRP (XRP) $ 0.935774
solana
Solana (SOL) $ 135.34
polkadot
Polkadot (DOT) $ 29.73
usd-coin
USD Coin (USDC) $ 0.998234
dogecoin
Dogecoin (DOGE) $ 0.208192