SaBi Exchange, is currently the first cryptocurrency exchange in Nigeria and Africa to list the largest number of DeFi (Decentralized Finance) tokens.
Uniswap, the current largest decentralized exchange by trading volume has overtaken Tether’s USDT stablecoin as the largest gas spender on the Etheruem network.
Tatcoin, Africa’s own top utility token has crossed $1 Million trading volume on Bidesk Cryptocurrency exchange platform.
Just In, Nigerian Naira depreciates further to N462 Per $1 on most Naira to Bitcoin Market in Nigeria. There is a severe pressure on Nigeria’s foreign exchange market which has equally affected other markets including the Bitcoin Market in Nigeria.
DeFi Adoption: According to the data obtained from Dune Analytics, the volume of decentralized exchanges broke the all-time high set in June, reaching $1.5 billion. Top four platforms including; Uniswap, Curve, Balancer, and Bancor Network made an outstanding progress during…
KoinKoin has announced the full launch of its Digital Assets Exchange services in Nigeria. KoinKoin’s digital asset exchange offers peer to peer exchange services as well as a direct fiat to cryptocurrency exchange.
Tether’s Stablecoin USDT has lost $2 billion dropping from its third place as the third-largest cryptocurrency and is now the third-largest altcoin behind Ripple’s XRP.
The cryptocurrency trading volumes on most afric exchanges had recorded new all-time-high despite a severe economic contraction since the global COVID-19 pandemic.
Following the announcement from the Luno Exchange blog, the Africa’s unicorn cryptocurrency exchange will be supporting litecoin market for buying and selling in May.