Business and Economy

Cryptocurrency exchange Quidax founded by Nigerians lists on CoinMarketCap

African founded cryptocurrency exchange, Quidax, announced its crypto markets has been listed on CoinMarketCap, the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency ecosystem. With this announcement, Quidax becomes the first fully African owned crypto exchange to be listed on CoinMarketCap. This listing represents a milestone for crypto in Africa.

CoinMarketCap is one of the most trusted sources of cryptocurrencies. CMC as it is often called is commonly cited by CNBC, Bloomberg, and other major news outlets. Its data is also used by the  U.S. government and several other governments.

Uzo Awili, Co-founder and CTO, Quidax: “This is a proud moment for us as it allows us to provide reliable information on our crypto markets to the millions of people that rely on Coinmarket’s data.”

Quidax is an African-founded cryptocurrency exchange that makes it easy for anyone to buy, sell, store, and transfer cryptocurrencies. In January Quidax announced a brand refresh along with the launch of a simpler and easier to use crypto app available on both the play store and app store. Since its launch in 2018, the exchange has achieved significant milestones including over $3.2 billion in transactions in less than 3 years of operation.

Last month Quidax announced that it would be partnering with AltSchool Africa. The partnership covers sponsoring 100 students this year to learn tech skills including software engineering and product management. As well as a paid internship with Quidax for the best graduates.

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