Quidax, an African cryptocurrency exchange, has successfully processed over $3.2 billion in transactions from 400,000 users across the world. The crypto exchange platform is a next-generation digital asset trading platform that was launched in 2018.
African Crypto exchange, Quidax on Friday, 6th May officially shared plans to expand beyond Africa to the global market. They also announced the launch of their native token, QDX, and revealed plans to reposition as the global home of BEP20 tokens.
Quidax has a very aggressive roadmap. They have accomplished a lot in a short period of time and we will go ahead to deliver more. They are always keen to listen to their community; therefore, our next step is the launch of the QDX token. This is going to power our ecosystem from trading fees on the exchange to staking, governance, and all financial products.
Quidax will be the first project to launch on Julswap’s launchpad, JulPad. The choice to launch on JulSwap is strategic due to what JulSwap has achieved in a short period.
Julswap is changing the way cryptocurrency is currently being traded and this unique platform encourages trust and transparency in the trading space which contrasted with their competitors, who despite what they claim are using similar practices which results in manipulation of the market.
Home of BEP20 Tokens
Buchi Okoro CEO of Quidax said, “We are set to become the global home of BEP20 tokens.
This implies that anyone in the globe can use Quidax to trade over 100 different cryptocurrencies in the Binance Smart Chain ecosystem.”
A diversified portfolio is the only way to ensure that equities don’t get affected based on a single factor. Quidax intends to continue diversifying its assets by launching 7 products in the next 6 months through investments in both DeFi and CeFi. This will help Quidax to diversify its portfolio adding more value and wealth to its customers.