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- Safcoin will be listed on P2PB2B exchange and Catex exchange
- Safcoin is planning to hold an IEO on May 26
- It will become the first-ever African Pow Scrypt Algorithm cryptocurrency to be listed in international exchanges.
Safcoin, Africa’s very own cryptocurrency, is to be listed in several international exchanges. Apart from this significant achievement, the token has been named in Baobab Insights’ Top 140 Fintech to watch.
Safcoin Receives Appreciation From Africa’s Famous Baobab Insights
In a recent article by Einpresswire, Safcoin comments that it had the extreme fortune of being named in Baobab Insights top 140 Fintech. This not only validates its duties as an emerging e-commerce solution in Africa but also its crypto-related activities. Moreover, the accolade is perfectly timed with Safcoin’s upcoming event. The crypto-based company is planning to hold an IEO on May 26. This will make Safcoin the first-ever African Pow Scrypt Algorithm cryptocurrency to be listed in international exchanges.
Safcoin Will Enhance Africa’s Crypto Adoption
Following the initial exchange offering (IEO) will be listed on P2PB2B exchange and Catex exchange. P2PB2B is a crypto-asset exchange located in the United Kingdom. As of now, it has a trading volume of over $603.61-million. On the other hand, the Catex exchange is located in China and has a trading volume of $137.43-million per day. This opportunity will allow Safcoin to gain exposure to the international crypto market. This will not only benefit its decentralization but also will increase its market liquidity.
However, Safcoin stresses that with enhanced decentralization, people’s trust in cryptocurrency will also increase. Data statistics and analysis suggests that crypto adoption in Africa is the second highest. Crypto makes sending transactions overseas and making payments a lot easier for them. Safin with their upcoming IEO and exchange listing plan to bolster Africa’s crypto adoption.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
