Connect with us

Press Releases

Investors in Africa Can Now Purchase Stocks from the US Market Using Cryptocurrencies

Published

on

Passfolio

Passfolio is a new investment app that’s calling the attention of the market. Through its US registered broker-dealer, Passfolio Securities, the company aims to democratize the access to US investments in countries like Nigeria, by allowing investors to trade 3,800+ US stocks, ETFs, and REITs from the US market with no commission fees*.

PassfolioRecently, Passfolio has been growing in African countries like Nigeria and wants to facilitate access to US investments in the region. David Gobaud, Passfolio’s founder and CEO, says:

“People outside the United States often need hundreds of thousands of dollars to invest in the US stock market – we reduce the minimum to $1 to invest in US stocks of your favorite companies”.

What makes Passfolio different from other brokers? Simply put, the possibility of trading and funding your account with cryptocurrencies, through Passfolio Financial*.

Passfolio makes it possible for users to fund their accounts using cryptocurrencies by first converting them into dollars through Passfolio Financial, then moving the dollar proceeds to their brokerage accounts at Passfolio Securities, where users are then able to buy stocks. This way, investors can deposit Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Zcash and other cryptocurrencies and access the US market.

The full list of cryptocurrencies supported by Passfolio (through Passfolio Financial*) can be found below. You can deposit and trade all of them in the app:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • Zcash (ZEC)
  • Filecoin (FIL)
  • 0x (ZRX)
  • Aave (AAVE)
  • Amp (AMP)
  • Basic Attention (BAT)
  • Balancer (BAL)
  • Chainlink (LINK)
  • Compound (COMP)
  • Curve (CRV)
  • Dai (DAI)
  • Decentraland (MANA)
  • Kyber Network (KNC)
  • Maker (MKR)
  • Orchid (OXT)
  • Pax Gold (PAXG)
  • Ren (REN)
  • Storj (STORJ)
  • Synthetix (SNX)
  • Uma (UMA)
  • Uniswap (UNI)
  • Yearn Finance (YFI)

To invest with Passfolio, the first step is to complete your registration. The registration can be done in a few minutes through this link, and you will be asked for some basic information. Then, the account is typically approved in a few hours and you’ll be able to add funds to your account and start investing.

For US stock trades, Passfolio Securities offers commission-free* trading for assets priced at $5 or more. You can check all other fees that may apply on Passfolio’s website: http://passfolio.us/fees

*Securities less than $5 cost $0.02/share. Please see Passfolio’s disclosures on other charges.

Disclosures:

Passfolio LogoPassfolio is the brand name of Panchain, Inc. Passfolio Securities LLC and Passfolio Financial LLC are fully-owned subsidiaries of Panchain, Inc. Securities and cryptocurrencies are very different types of assets. Cryptocurrencies are not securities. Purchasing cryptocurrencies comes with a number of risks. Please read Passfolio Financial Cryptocurrency Risk Disclosure.

Currency and cryptocurrency exchange services provided by Passfolio Financial LLC (“Passfolio Crypto”), a US Money Services Business registered with FinCEN. Passfolio Financial LLC is not a broker-dealer. Cryptocurrencies are not protected by either

FDIC or SIPC. Securities products and services offered to self-directed investors through Passfolio Securities LLC Member FINRA / SIPC. Passfolio Securities, LLC does not provide cryptocurrency-related services. Passfolio Securities LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).

Explanatory brochure available upon request or at www.sipc.org. To purchase securities using cryptocurrencies, you must first convert them into U.S. Dollars using Passfolio Financial LLC. You must then move the U.S. Dollar proceeds to your brokerage account at Passfolio Securities LLC where you can use it to buy securities.

Please see Passfolio’s fractional shares disclosure.

Disclaimer: This is a 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 post. 

Press Releases

BC.GAME Achieves Major Crypto Milestone! Converts License Into NFT

Published

on

BC.GAME

August 28, 2021 – We have fantastic news to share with you today! BC.GAME just added another feather to their cap! BC.GAME is now the proud owner of the much-awaited Curacao License!

LicenseCuracao Interactive Licensing N.V.(CIL)  is one of the top four most popular globally acknowledged casino licenses! In addition, Curacao Interactive Licensing N.V.(CIL) is one of the four master operators who received oversight roles from the Curacao government. The other three are E-Gaming (N.V. 1668/JAZ), Antillephone (N.V. 8048/JAZ), and Gaming N.V. (365/JAZ).

Curacao has an excellent reputation for having a trustworthy, responsible, and stringent licensing protocol. Having a Curacao license means adhering to all rules and complying with all applicable regulations!

In easy terms, it means BC.GAME will have a better standing with other companies and partners in the crypto gaming industry! This further strengthens the company’s beliefs of providing complete security and an optimal & provably fair gaming experience to their users! 

A Curacao license opens up more significant avenues for a crypto gaming platform! This further makes it possible for BC.GAME to provide their players with better games, bigger rewards, highly recognized providers, easier integration of new currencies, to name a few!

For you, our dear community, it means a better and more trustworthy platform with a great gaming experience and a wide variety of games to choose from!

Obtaining the Curacao License helps BC.GAME attain a recognized standing in the global market and significantly strengthens its position as one of the Best Crypto Casinos! You can find the original company license here.

As the first-ever casino to support Bitcoin Lightning Network; BC.GAME is determined to achieve a globally acclaimed compliance standing! But all in good time as this is just the beginning!

For security, the license was uploaded to the decentralized storage blockchain, the IPFS, and minted into an NFT compliant with the EC-721 standard before being transferred to BC.GAME’s ENS bcgame.eth account.

The online gambling platform’s decision to secure the CIL sub-license in the IPFS before minting it as an NFT shows the flexibility and possibilities of blockchain, which BC.GAME is amongst the first ones to achieve!

All users, including regulators worldwide, can now view the license, which is an efficiency win, considering how governments have stepped up, shifting their muzzles to crypto entities.

BC.GAME would like to extend their heartfelt gratitude to each of their amazing players who stood by them and pushed them to reach greater heights with each achievement!

BCGAME

The company further mentions, “Thank You for trusting us and providing your unwavering support to BC.GAME! We are because of you! Thank You ! We aim to provide our players with the best crypto casino experience full of huge winnings, fun, and good times! But, as we always say, Don’t Trust, Verify It.

Once again, we thank you, dear players, for constantly pushing us to be the Best!”

And to all the new users, they say: “Welcome! Become a part of the most rapidly growing crypto gaming community and have an experience like no other!”

Congratulations to all, and we wish you a super lucky winning time!🍻🍻  Join BC.GAME now!

Disclaimer: This is a 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 post. 

Continue Reading

Press Releases

Stake Your ETH (8.55% APR) and Reinvest Locked Funds

Published

on

Stake Your ETH

Are you tired of 0% interest on your fiat currency savings? Join the most significant cryptocurrency upgrade and earn up to 8.55% annualized reward rate (APR) for your deposit.

Ethereum 2.0 upgrade is the next big thing in crypto. The second-largest cryptocurrency is migrating from the energy-consuming proof-of-work (PoW) to a much more efficient proof-of-stake (PoS). Under PoS, you lock funds used for validating transactions, and you earn interest rates as a reward.

You can stake your ETH, become a validator, and earn high interest on your deposit. Holding ETH this year might be a good idea, as analysts expect the Ether price to soar in case of a successful upgrade. Staking is becoming more and more popular as validators can earn up to 8.55% APR. No wonder over $13 bln worth of ETH has been staked as ETH 2.0 already.

However, not everyone can run a validator node. You need 32 ETH at minimum (over $88k), deep knowledge of the Ethereum network, and your infrastructure.

It’s much easier to join SimpleFX Stake&Trade. It’s a unique staking pool service, where you can invest the frozen funds. Stake your ETH today. The earlier you do it, the higher the reward.

Here’s what you get with SimpleFX Stake&Trade:

  • No fees and no minimum deposits
  • Stable Interest Earnings from your ETH deposit
  • ETH 2.0 offers a high APR
  • Profit from the rising Ethereum price
  • Use the staked funds for trading.

Invest your staked coins. Trade stocks, forex, gold, crypto. Hedge your ETH 2.0 funds with bright leveraged shorts. Staking your Ether, you make a profit while helping the ETH community secure the network and run a historic cryptocurrency upgrade.

200-times cheaper than traditional Ethereum transfers

Tired of paying high fees for your BTC or ETH transfers? We’ve got you covered! Our engineers have just integrated Binance Smart Chain (BSC) payments for ten new cryptocurrencies.

Open the following accounts and enjoy BSC payments that cost $0.25 per transaction instead of $50 using traditional Ethereum ETC20 tokens:

BTC – Bitcoin

ETH – Ethereum

LINK – Chainlink

LTC – Litecoin

BCH – Bitcoin Cash

ZEC – Zcash

ETC – Ethereum Classic

DAI – Dai

DOT – Polkadot

XRP – Ripple

BAND – Band Protocol

XTZ – Tezos

ONT – Ontology

ADA – Cardano

ATOM – Cosmos

YFII – yearn.finance

EOS – Eos

The transaction cost is very affordable. Here are the SimpleFX payments time and fees estimations for BSC and ETH Networks for May 2021:

BEP-20

ETC-20

Deposit

free

free

USDT Withdrawal

$0.25

$50

Deposit confirmation time

1 min

15 min

Binance is one of the significant cryptocurrency exchanges, and they are developing their payments ecosystem to help their customers make cheaper and faster transfers.

About SimpleFX

SimpleFXSimpleFX is a renowned trading app that has been in business since 2014. Was one of the first brokers offering cryptocurrency accounts. You can sign up for Bitcoin, Ethereum, Binance Coin accounts with just an email.

The broker’s agile team is improving its tools constantly. Recently they have created a native HarmonyOS app for Huawei users.

SimpleFX’s purpose is to provide the easiest way to trade globally. SimpleFX is mobile-first, but you can use the same app across all devices. Trade with SimpleFX WebTrader, native iOS, Android, or Huawei app or MetaTrader4.

Their team is always up to date with the newest cryptocurrency trend. They offer the lowest transfer fees available; that’s why they have recently introduced Binance Coin, Binance USD, and the fastest and most economical Binance Smart Chain.

If you’d like to trade a stock or any other asset they still don’t have in their offer, give them a shout, and chances are they are already working on it; if not, they will include your proposition in the products roadmap.

Wall Street has zero control over them. Sign up with an email address, make a deposit, and cash in profits.

Using just your email address, you can also become a SimpleFX affiliate. You don’t need to deposit a single cent to start earning lifetime revenue share (up to 30%) from your referral links.

Sign up to SimpleFX with an email, give it a try, and ride the ever-exciting global financial markets.

Here’s why SFX is the best trading app:

  • no ID verification for cryptocurrency accounts. Sign up with an e-mail
  • Invest Bitcoin, Ethereum, Tether, Binance Coin, and more (22 cryptocurrency accounts)
  • No minimum deposits
  • No fees
  • Up to 50x leverage on stocks $1,000 depo = $50,000
  • Up to 500x leverage on Forex $1,000 depo = $50,000
  • Reputable – over seven years in the market
  • Global reach – check out for your local currency (over 20 fiat currencies)
  • Great support English, Spanish, Portuguese and more (probably in your language)
  • SimpleFX is independent and not controlled by Wall Street
  • Active development team willing to add new features especially for you
  • Frequently updated WebTrader (working in every browser), native iOS and Android apps
  • The most efficient cryptocurrency payments. Binance Smart Chain (BEP-20) fast transfers with super low fees (100 times lower than Ethereum ERC-20)
  • Stake & Trade – earn 8.55% annual interest on your ETH 2.0 deposit. Trade with your frozen money.
Disclaimer: This is a 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 post. 

Continue Reading

Press Releases

Millennials Make 25,000% Returns on New Crypto and Gaming

Published

on

Crypto and Gaming

During the pandemic, the blockchain game Axie Infinity attracted a large number of millennials. The firm’s token currently boasts a market worth of over $2.5 billion

So far, the gaming token, which was introduced in November 2020, has risen over 25,000 percent, implying that a $1,000 investment would have grown to Rs 2.5 lakh in just 9 months. It is a trend that is widely expected to continue, as more gamers prefer the indoor experience, as you can play online pokies or any other game from wherever you are. Jackpot City Casino, for example, is a leading online brand renowned for its wide array of impressive gaming offerings for people from across the globe.

Axie InfinityThe cryptocurrency AXS is one among the few exceptions, having weathered the storms of May and climbed to a new all-time high, hovering around $42. After China started a major crackdown on the crypto industry in May, the crypto market saw aggressive selling in the larger and more popular coins.

The ecosystem has half a million daily active consumers, according to Vikram Subburaj, CEO and co-founder of Giotto’s Cryptocurrency Exchange, and new customers are coming from developing nations like the Philippines and Indonesia.

“For the gaming group though, AXS represents rather more than only a cryptocurrency, and therefore, it stays worthwhile in that ecosystem. The true problem that AXS will face can be in scaling each day’s lively customers to manifold,” he mentioned.

Axie, based on the Ethereum community, uses blockchain technology to entice participants. Axie Infinity Shard token (AXS) and the opposite in-game token can be earned in a variety of ways. Its universe may be quite similar to Pokemon, which many millennials can connect to.

Everyone wants to buy Axie to begin the game, and the digital pets in the games may be purchased with this digital currency. The possibility for financial gain is what has made the sport so popular, particularly in developing nations.

Siddharth, WazirX‘s COO, feels that crypto in the gaming space is one of the most significant markets. He praised cryptocurrency for its contributions in this field.

“Players spend countless cash in shopping for belongings, however are usually not capable of resale or carry that belongings to different video games. Crypto video games are a real worthy addition to video games,” he added.

Axis Infinity offers a whitepaper outlining its roadmap and goals. Staking will be introduced soon. This allows token owners to invest their money for a specified length of time and receive interest.

Crypto-related video games, according to experts, will be a big trend in the near future, with players not only exchanging NFTs within the game but also selling them to cult members. Gaming as a career is gaining momentum in the Western world, and children’s gaming expenses have increased.

New use cases for blockchain and cryptocurrencies, according to Subburaj of Giottus, will continue to revolutionize the larger world of gaming. He said that AXS had transformed gaming from a money-losing and time-consuming pastime to a money-making venture.

“When a recreation grows larger, gamers are usually not benefited aside from extra gamers to play with,” mentioned Menon. “It is superb in this area as the sport community grows and gamers develop with them.”

However, not everything is perfect for the Axie Infinity. The highly expensive Ethereum community has significant limits, and it needs reliable technology to help it progress.

Disclaimer: This is a 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 post. 

Continue Reading

Popular Posts