More Africans Walk Towards Financial Freedom Due To Cryptocurrencies

This content originally appeared on Hacker Noon and was authored by No_name_c3po

Africa is rarely mentioned as a major cryptocurrency market. However, recent trends indicate that it may move leaders out of their positions. In 2018, in just 9 months, more than 15 cryptocurrency trading platforms were opened in Africa. The trend has appeared a long time ago and is only getting stronger every year. When the bitcoin rate rose in 2017, the trading volume on African exchanges increased sharply. For example, trading volumes in Kenya on one of the sites in December 2017 rose to $ 8.1 million. Another company reported 2,000 BTC transactions in November 2017, when the price fluctuated in the $ 10,000 range. Approximately 37% of these transactions were made in South Africa. There are several reasons why Africa could be the next big cryptocurrency market. The Free TON team believes that cryptocurrencies and blockchain are key to unlocking Africa’s vast potential. Only blockchain is capable of transforming the continent, this technology will contribute to the growth and prosperity of all countries in the 21st century, giving everyone complete control over their finances.

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This content originally appeared on Hacker Noon and was authored by No_name_c3po