The Afridex Ecosystem is a robust system that leverages the power of blockchain and cryptocurrency to create a fair ecosystem. It includes four core features, each with their own components and self-governing units. These subunits will all contribute to the tokenized ecosystem, a unification of sorts.
The Afridex ecosystem has the following components:
- The Afridex payment solution
- The Afridex Exchange
- The Afridex Finance
- The Afridex Smart Contract
- The Afridex EduXtra
- The Afridex NFT Market Place
In this article we will be taking a look at the Afridex Exchange as one of the components of the Afridex ecosystem.
The AFRIDEX Exchange
African Decentralized Exchange (AFRIDEX) is a leading Blockchain Company deploying Decentralized Applications (dApps) to revolutionize finance.
AFRIDEX Exchange is a new cryptocurrency exchange in Africa. It allows customers to trade digital assets in the form of fiat money or other digital currencies, such as Bitcoin or Ethereum. It will also allow African Start-ups to tokenize their products and crowdfund their businesses. Lastly, they’ll have an easy listing process for their tokens on the exchange.
Afridex Exchange is an upcoming exchange that will help to bring Africa’s financial market closer to the world’s. It will be the first of its kind in Africa, giving access to international markets.
This unique approach will tackle the hurdles faced by existing platforms by leveraging its’ engineered blockchain technology to facilitate a safe, fast, watertight solution with a reduction in the transaction.
WHY AFRIDEX EXCHAGE
There are a lot of challenges been faced by customers using both Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) which includes:
- High Trading Fees
- Poor customer support services
- Poor security architecture
- Lack of diversified portfolio option
Therefore Afridex Exchange is here to provide solutions to the above challenges by:
- To create a medium of first priority between customers
- Afridex through the Afridex Exchange will connect more unbanked persons through the digitization of finanace
- Afridex Exchange will be the medium of financial remittance and assets exchange
- Afridex Exchange will create a proportionate model of an amalgam of Centralized Exchanges and Decentralized Exchanges which will facilitate atomic swap.
The Afridex Exchange will send cryptocurrency to a user’s cryptocurrency wallet, as a digital trading facilitator. It will also keep in custody and manage account for its customers.
Afridex Exchange is a new type of decentralized cryptocurrency exchange that is resistant to the security problems that plague other exchanges. With Afridex Exchange, customers can buy and sell currencies like on Binance and other CEXs and DEXs.
The Afridex exchange will support trading of high capitalization tokens like Bitcoin, Ethereum, Litecoin to name a few among others with real use cases, strong communities and offering great value to be on boarded in the system.
If you’re interested to know what the development team at Afridex is up to, then be sure to visit their website and see their goals and vision for a future African-based exchange that will compete with the best in the world.
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