We present to you cryptocurrency and blockchain news round-up in Africa for the Month of May 2020.
Cryptocurrency Exchange Luno adds Litecoin
Fliqpay partners with Conflux Network to launch cryptocurrency payment gateway for remittances and drive decentralized finance(DeFi) in Africa.
Businesses in Africa can now accept payment in cryptocurrencies, including; Bitcoin (BTC), US Dollar (USDT), Ethereum (ETH), Litecoin (LTC) and Ripple’s XRP.
Congrats to our partner @fliqpay for launching their crypto payment gateway! 🎉
We’re excited to have Fliqpay part of Conflux Network family.
Our partnership will ensure faster payment processing for Fliqpay as well as a cheaper settlement for cross-border transactions. https://t.co/gf4jjuXLqj
— Conflux Network Official (@Conflux_Network) May 14, 2020
Wayamoney.com a Ghanaian Fintech start-up focused on payments and remittances partners with Stellar( XLM) and Ripple(XRP) for cross border payments
Cryptocurrency exchange Luno plans to expand into Ghana and Kenya
South African Crypto Exchange, Altcoin Trader Enables Clients Instant EFT Withdrawals From Any Bank Account
Zimbabwe’s cryptocurrency Zimbocash gets listed on Bithumb Exchange
Dash Partners with AnkerPay
Buycoins Africa crosses $17M traded in month of May
Just crossed $17m crypto traded on @buycoins_africa in one month.
A few more days to go. Likely going to cross $20m at this rate. This May is crazy. By far the best month ever.
Second highest month was $7.6m.
I already cannot wait to beat this month.
— Timi Ajiboye (@timigod) May 28, 2020
Buycoins Africa adds USDC
🚀USDC Stablecoin is now available on BuyCoins! https://t.co/wqK75z2gVC
— BuyCoins (@buycoins_africa) May 30, 2020
Buycoins Africa introduces Credit Line
🚀 Introducing BuyCoins Credit Line!
Credit line is an exclusive feature that is available to high volume traders on BuyCoins.
With an NGNT or a BTC credit line, you can buy or sell BTC without having BTC or NGNT in your account.
More here 👇🏾https://t.co/jUhIJQNYyI
— BuyCoins (@buycoins_africa) May 31, 2020
Remitano, a peer to peer trading platform, has added a Naira-based wallet allowing its users to instantly buy and sell, as well as deposit and withdraw bitcoin
Africa becomes region with second highest volume of Bitcoin peer to peer trades in May 2020
African Bitcoin peer to peer(P2P) trades have continued to grow dramatically after toppling Latin America to become the region with the second highest volume in the Month of May 2020.
Below are the trade volumes of the top five regions globally in Bitcoin peer to peer trades in the month of May 2020:
- North America – $108,300,000
- Africa – $54,800,000
- Latin America – $48,000,000
- Asia Pacific – $40,000,000
- Eastern Europe – $37,400,000
Africa tops Google trend search for Bitcoin in the Month of May