It is difficult to imagine the development of bitcoin in Africa. The whole continent is in one big hole - wars, lack of necessary products for life, poorly developed Internet. The only developed country is South Africa where you can actively promote bitcoin
This is actually not true! Many African countries besides SA, such as Nigeria, Morocco, and Egypt are also progressing with the adoption!
Cryptocurrency progression in South Africa, however, has never seen a brighter times. Many new ICOs and crypto assets are being deployed. Capetown, Johannesburg, and Durban are becoming blockchain hubs!
So, African market may not be as doomed as you envisioned it! We (
Kryptoro), have contributed to the (r)evolution by offering
ZAR, Dirham, Naira, and USD as initial fiat-based currencies to SA market. Our main virtues are:
- The ability to purchase cryptocurrencies using credit cards
- An instant and simple fiat gateway
- Multiple cryptocurrencies (5/6 on launch)
- Superior security infrastructure that takes the burden off the user
- Live trading analysis and trading tools to assist clients in making investment decisions
- Variable analytics generated by our AI trading softwareKryptoro is a subsidiary of
Kagiso Interactive, company well-renowned for collaborating with
Marvel Comics, EA Games, Disney, MTN, and Mahindra Kotak Bank! Kagiso Interactive is also a South African software development firm that has regularly been voted as the Best Mobile Applications Development Company in Africa and the Middle East. The firm has also been recently touted as one of the leading companies globally to contribute in the space of
AR and VR.
So, Kryptoro is currently midway through its crowdsale phase. Once the crowdsale is over, the exchange will operate with
KTO (Kryptoro token) which will be used as a "gas" of the exchange. KTO will be a "native" currency of the exchange, serving for paying taxes and fees, and other services.
To conclude, if you really want SA crypto market to blossom then we all need to contribute to it!