RATE Group | Paxful looking at Cryptocurrency’s Potential in East Africa
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Paxful looking at Cryptocurrency’s Potential in East Africa

08 Oct Paxful looking at Cryptocurrency’s Potential in East Africa

Posted at 08:06h in Cryptocurrency News by

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The need for investing in Cryptocurrency is steadily rising in East Africa; specifically Kenya as more and more people are gradually gaining trust/confidence in the use of Cryptocurrency. Though Cryptocurrency is relatively new and comes with a learning curve, the benefits are a plethora; thus it is good for both sellers and buyers. Cryptocurrency offers a massive wealth distribution globally as well and presents financial freedom to individuals.

In 2016, Citibank analysts estimated that Kenya’s bitcoin holdings were about 2.3 percent of the gross domestic product (GDP), making it among countries with the largest bitcoin holdings. This has created demand of peer-to-peer Cryptocurrency marketplaces in the East African market because more people are primed for the Cryptocurrency market.

In just 3 years, Paxful (www.Paxful.com) has…

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