Follow Us

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

Share on facebook
Share on twitter
Share on linkedin

Share

Quidax
Share on facebook
Share on twitter
Share on linkedin
  • It is launching its native token QDX
  • Transforms itself into the international home of BEP20 tokens
  • It also establishes Julswap’s launchpad, JulPad

Quidax, the Africa-centred Cryptocurrency, is diversifying its footprints beyond African borders to the global market. Yahoo Finance reports that Quidax, on Friday 6th May 2021, is launching its native token QDX. It also plans to transform itself as the global home of BEP20 tokens. BEP20 is a token that enables any user to put fungible tokens on Binance Smart Chain.

The customer base of 400,000 spread across more than 72 nations

Launched in August 2018, CEO Buchi Okoro revealed that it has in its kitty 3.2 billion dollars worth of dealings since its launch. It started modestly with a base of 50 clients when it started in 2018 and has today a customer base of 400,000 spread across more than 72 nations. Okoro also revealed that it decided to go global due to some events in February. Today it is all set to become the vibrant center of BEP20 tokens. Quidax Users worldwide have a choice to do transactions of over 100 digital coins.

Yahoo Finance quoting Okoro reports that Quidax will introduce seven products in the coming six months. It will be a balanced mix of Centrally Financed and Decentralized Finance and augment its clients’ value and wealth.

Yahoo Finance quotes CEO Buchi Okoro as saying, “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.”

Quidax launches its token QDX

Quidax is also set to launch its token QDX. QDX is a BEP20 token and will take care of all functions, including stakes, governance and charges on exchange in the Quidax ecosystem. BEP-20 is a benchmark on the Binance Smart Chain that extends ERC-20. In other words, it can be defined as the DNA of tokens and how they can be spent. BEP-20 was created for Binance Smart Chain to enable developers to launch a wide array of tokens.

 Another significant milestone is the launch of Julswap’s launchpad, JulPad. Julswap is akin to Uniswap on the Binance Smart Chain.

Join The Coin Republic’s Telegram Channel for more information related to CRYPTOCURRENCY NEWS and predication.

Leave a Reply

Your email address will not be published. Required fields are marked *

Download our App for getting faster updates at your fingertips.

en_badge_web_generic.b07819ff-300x116-1

We Recommend

Top Rated Cryptocurrency Exchange

-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00