Bits Africa, a natively Kenyan crypto exchange, has set up offices in Nairobi, Kenya, to service its growing customer base.
The exchange is currently offering an OTC desk for high-volume traders on P2P platforms and others interested in buying crypto in bulk.
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The exchange organized a meet-and-greet session with crypto traders in Kenya as it sought to introduce its crypto-trading services to the Kenyan space.
According to Anthony Gitonga, CEO, Bits Africa, the company has set up physical offices to allow traders to walk in and transact, which was necessitated by a lack of trust within the crypto space in Kenya.
Bits Africa seeks to offer some of the lowest trader rates in Kenya based on volumes. Rates start from as low as 0% to 1% for a variety of cryptocurrencies including:
The Head of Legal at Bits Africa assured the audiences that the exchange is seeking regulatory clarity and compliance to better continue to serve the Kenyan crypto space.
Bitzlato, the newest P2P crypto exchange in Kenya, was represented
Sam Wakoba, CEO, Techmoran, one of the leading tech sites in Kenya, expressed confidence in the exchange for putting in place a physical location where traders can meet and interact and share trading ideas.
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