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African Crypto Exchange Quidax Raises Over $3 Million

African Crypto Exchange, Quidax raises over $3 million on the worst day of crypto, sells out its native ecosystem token, QDX in less than 48 hours. LAGOS, Nigeria – On what could be tagged as the worst day of crypto this year, the African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of…

African Crypto Exchange, Quidax increases over $3 million on the worst day of crypto, sells out its indigenous ecosystem token, QDX in under 48 hours.

LAGOS, Nigeria — On what might be labeled as the worst day of crypto this year, the African-founded market, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. Even the crypto market suffered its first big dip in 2021 on Thursday, May 19 with Bitcoin falling as low as $30,000 from highs of $64,000. Regardless of that, the public sale of QDX sold out at under 48 hours.

Recently, Quidax announced that it had processed more than $3 billion in trade volume since its launch 2018 with over 400,000 customers across more than 70 nations. In the announcement, Quidax also shared a shift from its African-focused approach to becoming the global house of BEP20 tokens.

Next Steps for Quidax

On Friday, the exchange revealed that the $ QDX will be listed on its stage also DeFi platform, JulSwap, from Sunday, 23rd May, where anyone will have the ability to trade QDX.

It also unveiled its QDX roadmap that highlights the next developments within the QDX ecosystem. The revelation included the record of many tokens including BNB, DOGE, and SHIB.

As part of its roadmap, the first major product in the QDX ecosystem, QDX Vault will enable individuals to stake their QDX tokens and earn token airdrops from each other token which has recorded on the market. Furthermore, an airdrop was scheduled in June for Quidax and JulSwap community members who hold QDX.

The QDX roadmap also indicates the launching of a self-service record that will go live in August. This special feature will serve BEP20 projects looking to list their tokens on Quidax exchange within 24 hours.

A Fast-Growing Ecosystem

The Quidax ecosystem continues to grow with partnerships. One such partnership is with blockchain analytical firm, Chainalysis. Quidax recently demonstrated that it could be list Wall Street Games Token (WSG). Wall Street Games is one of the biggest blockchain-based gaming platforms and this advancement shows the commitment towards building a special ecosystem.

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