See More

Quidax Processes Over $3.2 b in Transactions

1 min
Updated by Imogen Searra
Join our Trading Community on Telegram

Cryptocurrency exchange, Quidax 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.

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 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 to date.

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.

For more information on Quidax visit Quidax.com

Top crypto platforms in the US | March 2024
Coinbase Coinbase Explore →
AlgosOne AlgosOne Explore →
Chain GPT Chain GPT Explore →
iTrustCapital iTrustCapital Explore →

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

images-e1706008039676.jpeg
Advertorial
Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
READ FULL BIO
Sponsored
Sponsored