On September 25, 2019, OKEx announced that they are penetrating the African market to provide information regarding digital asset trading in cryptocurrency to the people of Africa. OKEx is one of the largest digital asset exchanges in the world.
The main aim is to convince Africans about professional and secure trading using digital assets. OKEx wants to accelerate the adoption of blockchain in Africa. There will be events hosted by the company leaders in various African cities like Cape Town, Accra, Lagos, Kenya, Osogbo, Nairobi, and Nigeria.
If we talk about OKEx, it is a Malta-based leading digital asset exchange that provides trading services like spot, fiat-to-token, and derivatives trading with blockchain technology all across the world.
In previous years, people of Africa faced depreciation of fiat currencies as well as uneven political environments. Due to this, Africans decided to switch their assets to cryptocurrency. The idea of the adoption of cryptocurrency is liked by many people widely. But, still, many people got issues in handling, buying, and trading their digital assets. According to the research, 19% of the cryptocurrency users have been hacked and many people left the concept of cryptocurrency.
The head of the OKEx operations, Andy Cheung, said that it is a responsibility of Cryptocurrency exchanges to ensure and satisfy their customers with a safe and secure experience. The main aim of OKEx is to provide the right information about the cryptocurrency so that their goal of adoption of Cryptocurrency in Africa can be achieved.
OKEx’s Andy Cheung is working with Khaya Maloney, fintech business developer and blockchain solutions architect to accomplish their goal in the African market. Now, one meeting is already held in Nairobi, Kenya on September 21, 2019, and next is going to be held in Osogbo, Nigeria on September 28, 2019.