In an exclusive with BitcoinKE, Paxful shared their impressive growth stats in Kenya below:
Trading volumes up by almost 500% in H1, 2020 vs. H1, 2019
Number of transactions up by 554% in H1, 2020 vs. H1, 2019
Number of trades hit 317, 000 in H1, 2020
According to Paxful the top African countries experiencing high trading volumes are:
Commenting on the company’s outlook on the African market, Paxful said:
“Africa overall has tremendous potential and is critical to the future of the global crypto-economy. We’re looking to hire more employees to support the growth of our business and expand to other African countries.
As you already know, we recently hired Yvonne Kagondu as our Kenya Community Coordinator to join our efforts in bringing bitcoin to the unbanked masses across Kenya. We are still focused on investing towards education and our supporting entrepreneurs in the continent.” ~ Paxful
NB: To shed more light on Paxful’s activities in Kenya, BitcoinKE will be hosting the Kenya Paxful Community Manager, Yvonne Kagondu, on our weekly session on August 8, 2020.