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How Blockchain Turns the Game in African Financial Life

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Chatex
Image by Chatex.com

Progress never stands still. People seek for simplicity and convenience, and the financial system is no exception to that. Hardly anyone could have thought that cash could ever be replaced with plastic cards. Today, it’s time for cryptocurrency to trigger the change in the paradigm.

Besides being a great instrument for investment, crypto changes the very essence of how money is transferred. Today, everyone who owns crypto can seamlessly and transparently exchange, sell off and buy up assets.

Is that not the democratic solution our world needs? That’s the question which underpins the initial purpose of Chatex project. The company has chosen the African continent as the starting point of its expansion in order to help those who suffer from excessive commission fees and lack of fiat.

Why Africa?

The banking environment is so weak here, that it’s hardly called ‘banking’. It is mired in corruption and bureaucracy, while the level of financial literacy is extremely low. It’s a common practice for local third-party services to charge sky-high commission fees on money transferring. Sometimes these figures reach 10 or even 20 percent. Chatex’s CEO, Michael Ross-Johnson, comments the following:

“How can one be treated in such a sordid way in the continent where people survive on less than the equivalent of one dollar a day? We can’t just monitor with our hands folded. We at Chatex are here to help African people become a part of the transparent and fair system that will give them an opportunity to freely manage their money and enjoy the comprehensive financial freedom”

How Chatex will make it out?

ChatexChatex offers a same-name bot based on Telegram, which could be downloaded on any kind of a smartphone supporting the messenger. It is an official, licensed and GDPR-compliant service, which offers safe data storage, BitGo instant transfers technology and additional PIN-code protection.

Thanks to Chatex, users can carry out cross border transactions, whichever their education or location is. One registered with the bot can instantly buy crypto via banking and gift cards, including even iTunes one, and transfer money to other users worldwide with no commission.

What’s the catch? There aren’t any. The verification process and money transfer won’t last more than 15 minutes here. The interface is intuitively simple and user-friendly, that’s why even a layman user will be able to operate without hindrance.

Having established an office in Ghana, Chatex plans to extricate banks and extortionate money transfer services from all over the continent. Next step would probably be Uganda, where the banking system has run rampant. In Uganda, every year relatives send home about $700 million, and almost $70 million of that total are charged by third-party service providers.

Judging upon the current trends of pervasive smartphone penetration, it can easily be said that mobile solutions such as Chatex are on their way to fit a whole set of financial operations into the user’s pocket. Africa needs such services that will ease people lives and eliminate the limits local banks and third-party services set up. Chatex avoided the well-trodden path of expansion and no one will regret. It has started a new chapter in the African market, aiming to ‘make Africa great again’.

To find out more, visit https://chatex.com/.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

Press Releases

Our Top Pick For Best Bitcoin Mixer Websites 2020

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PenguinX Mixer

The right to privacy and anonymity of the online community and within the norms of our daily routines as human beings is a virtue that has been inevitable for decades but ignored in essence by the majority of countries and governments around the globe.

The concept of blockchain & cryptocurrencies came forth on the rides of online transactional anonymity and financial defiance to authority which became popular because their programmers touted them as being private and secured. It has, however, emerged that they are not and that transactions undertaken using crypto can be traced and monitored by lurking snoopers.

Over time, with the increased government scrutiny and unwanted invasion by phishers, users now realize that the cryptocurrency world is not as anonymous as most of them were led to believe. Leaving them in paranoia and fear of crypto transactions given the notion that a snooper(hacker/government) can head over to the blockchain ledger board and be able to analyze and monitor any transaction’s origins, destinations, and various different variables if they wish to… which defiles the sole rights to privacy as such.

PenguinX MixerPenguinX Mixer is changing all this and giving back cryptocurrency enthusiasts their security and privacy as the 1st ever cryptocurrency mixer with an in-build A.I (Artificial Intelligence) chamber designed by experienced cryptography experts to ensure the mixing modulation disengages terminal linkages of origin and destination of transactions leaving neither trace nor footprints on the blockchain, thus making the origin and destination of the cryptos completely anonymous(Invisible) to snoopers.

The entire mixing process on www.penguinxmixer.io occurs over a private bullet-proof network with end 2 end encryption making it immune to attacks and data leakage.

Why PenguinX Mixer?

Blender

* Two Pools System:

Our operations dwell within MP2C i.e using 2 pools where receiving and sending is always different. One pool only receives funds, the other only sends.

* Multi Crypto Support:

Penguinxmixer.io lets users mix Bitcoin, Litecoin, Bitcoin Cash and Ethereum instantly.

* Automated Interface – A.I Controlled:

Equipped with fully automated A.I interface which ensures you get your clean coins immediately after mixing without delays.

* Logless Transactions:

We do NOT store transaction data/logs and coins are safe to use after mixing session is completed/

* Bullet-Proof Server Connections:

Our off-Shore servers are impenetrable and are placed in unique data centers hence rendering their systems and operation immune to all sorts of attacks.

* Untraceable mixing:

Cryptos mixed through our website cannot be listed by blockchain analysis or other forms of research. As a result, all mixed coins are protected and untraceable.

How it works?

Step 1: Select the Crypto-Currency you want to mix

Bitcoin Mixer

Step 2: Enter receiving wallet address

crypto mixer

Step 3: Send coins for mixing

Send crypto

Step 4: Receive Clean and Untraceable Coins

We are neither associated nor involved in the promotion of criminal activities, but merely providing a solution that protects the privacy and identity of crypto transactions, and bringing a new phase where crypto holders/users can transact at ease without worrying about someone monitoring their every move, and activities on the blockchain.

“Not everyone who mixes cryptocurrency is a criminal, some people simply crave for privacy to that extent.” – Clerk, CEO of PenguinX Mixer

More details about cryptocurrency mixing and the PenguinX Mixer platform can be gathered through their official website.

TOR Link – 5c5b4vuillc72gzy.onion

Email – penguinmix@protonmail.com

Telegram – @penguinxmixer

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

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Press Releases

WOM Protocol Team Launches African Community

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WOM Protocol

The WOM Protocol team recently launched the Africa community in order to aid the fast adoption of the project’s unique blockchain solution.

Africa is one of the fastest cryptocurrency adopters, specifically in the western, eastern, and southern parts of the continent.

With the spread and development of blockchain technology on a global scale, Nigeria, Ghana, South Africa, Kenya, and Uganda are considered some of the most promising African countries to use blockchain technology and are expected to become the blockchain centres in Africa. On the other hand, the governments of these countries actively advocate for blockchain technology to serve the domestic economy.

WOMThe WOM Protocol is a new blockchain-based MarTech solution that enables brands to leverage authentic word-of-mouth recommendations.

WOM is building a blockchain-based Protocol that gives brands, content creators, publishers, and social networks a way to monetize word-of-mouth recommendations on any app or platform. WOM does this without anyone central party exclusively profiting from the collective value created

More than 95% of undergraduates use smartphones to take pictures, record videos, and upload them on their social media platforms without earning anything–rather they just waste their data packages. 

With WOM Protocol, creators have the opportunity to download the YEAY app, register, create videos, and earn some WOM Tokens which they can exchange for cash. They will see this as a big opportunity to earn from what they like doing. 

WOM Protocol: https://womprotocol.io

WOM Protocol Africa Community: https://t.me/WOMprotocol_Africa

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

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Press Releases

Women in Crypto Live Trading Strategies

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Women in Crypto Live Trading Strategies

Is crypto trading just for men?

The ratio of Crypto traders globally tilts towards the men and it looks like crypto trading is reserved for them. However, do you know that you can make a fortune from the comfort of your home trading crypto as a lady?

Maybe you think you don’t have what it takes to trade crypto or you are not good enough?

Blockchain African Ladies launched a Crypto Trading forum just for women

Blockchain African LadiesCrypto Lioness is a platform by Blockchain African Ladies that will empower you with the digital skills needed to trade in digital assets.

Learn how to create a digital asset wallet like Bitcoin, know how to daily trade altcoins, participate in Airdrops and Global Market pumps.

Imagine trading cryptos with simplicity while you are 100% in charge.

There is so much to do with digital assets by being part of the highs and lows in the crypto market. With Crypto Lioness, you can trade and get useful digital skills.

This forum is created for all women of colour. However, we want to also remind you that trading digital assets is risky and there is no 100% profit guarantee. But with our guilds, you can take and manage calculated risk while trading as you wish.

With Crypto Lioness, crypto trading is made simpler for the average woman.

JOIN FORUM HERE BY CLICKING THE LINK IF YOU ARE A DETERMINED WOMAN AND WAN TO BE PART OF THE LAUNCH: https:/bit.ly/2ya2si8

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

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