#25: Crypto trading exchanges (African WealthTech Pt 3) - How cryptocurrency platforms are providing decentralized financial services across Africa
Afrobility: Africa Tech & BusinessMarch 22, 2021
25
01:30:00206.01 MB

#25: Crypto trading exchanges (African WealthTech Pt 3) - How cryptocurrency platforms are providing decentralized financial services across Africa

Overview: Today we’re going to discuss cryptocurrency trading in Africa. We start with the global context of cryptocurrency, review crypto trading exchanges in Africa & end with our overall outlook. This episode was recorded on Mar 21, 2021.


Companies discussed: Coinbase, BitPesa, Xend, BuyCoins, eToro, Luno, Paxful, Quidax & Coinmama


Business concepts discussed: Asset allocation strategy, decentralized networks, cryptocurrency innovation, investment regulation & open-source decentralization


Conversation highlights:

  • (01:30) - Why we’re talking about Cryptocurrency in Africa
  • (03:20) - Background and context: Cryptocurrency, Bitcoin and Altcoins
  • (12:20) - Potential downsides of cryptocurrencies; Stablecoins background
  • (22:40) - Rise of cryptocurrency in Africa
  • (28:52) - Use cases for cryptocurrency in Africa
  • (36:15) - Africa’s regulatory environment for cryptocurrency
  • (40:30) - Crypto startups in West Africa
  • (49:36) - Crypto startups in Southern Africa
  • (55:20) - Crypto startups in East Africa
  • (59:59) - Crypto startups in North Africa
  • (1:07:44) - Bankole's overall outlook
  • (1:18:03) - Olumide’s overall outlook
  • (1:27:50) - Recommendations and small wins


Olumide’s recommendations, small wins & open questions:


Bankole’s recommendations, small wins & open questions:


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