African crypto exchange registers $3.2B in transactions ahead of global expansion

Cointelegraph

Published May 10, 2021 02:40PM ET

Updated May 11, 2021 04:40PM ET

After nearly three years in operation, Nigerian cryptocurrency exchange Quidax has reported more than $3.2 billion in transactions, underscoring the rapid adoption of digital assets in Africa’s largest economy.

Since launching in August 2018, Quidax has amassed over 400,000 customers across 72 countries, the company disclosed on Monday. The figures were published alongside an announcement that the exchange plans to further expand its crypto trading operations beyond Africa.

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