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BitX News

BitX exchange is a global platform for cryptocurrency trading. The company was founded in 2013 and the main cryptocurrency used on BitX is Bitcoin. Initially, BitX aimed to be used solely as the BitX app for mobile devices by African citizens, as many in the continent do not have computers or bank accounts, operating with mobile phones only. Besides this, African national currencies are under the risk of hyperinflation, which resulted in such a platform gaining rapid popularity, as Bitcoin can be sold, bought, sent and received instantly and for low transactional fees. According to the company, the platform only uses modern banking technology and frequently performs auditing, and finance and technology checks. BitX provides users support on local African markets.
Developing markets turning on to Bitcoin are experiencing huge variations in the price of buying a bitcoin - and rumors of ulterior motives are beginning to sur...
Huge Variations of BTC Price In African Markets Raises Suspicions Of Foul Play
William Suberg
2016-12-01T12:11:00+00:00
1456
Bitcoin price as well as the trading volumes are increasing in Nigeria.
Metric Shows Bitcoin Trading Volumes, Users, App Downloads Grow In Nigeria
Olusegun Ogundeji
2016-10-27T09:40:00+01:00
665
A manager from Bitx, one of Africa’s biggest Bitcoin exchanges explains why Bitcoin sprawls in Africa.
Bitcoin in Africa Could Leapfrog Just Like Cellular Phones Replaced Landline
Olusegun Ogundeji
2016-05-14T15:45:00+01:00
1791
A Tokyo judge has ruled that bitcoin’s are not subject to ownership; Intel is hiring a researcher to investigate hardware and software to advance decentralized ...
AUG 6 DIGEST: Tokyo Court Says Bitcoin Not Subject to Ownership; Intel Hiring Crypto Researcher
Aaron van Wirdum
2015-08-06T14:55:18+01:00
653
BitX has raised a US$4 million in its Series A funding round led by the South African media firm Naspers through its payments subsidiary PayU.
BitX Raises $4 Million; Available to ‘Over Half a Billion Consumers’
Tom Jackson
2015-07-21T13:24:59+01:00
495
Singapore-headquartered Bitcoin exchange BitX, which already has offices in Cape Town and Jakarta, has launched operations in Nigeria.
Singapore Bitcoin Exchange BitX Launches in Nigeria
Tom Jackson
2015-07-07T10:34:54+01:00
1086
Bitcoin and Africa are often mentioned in the same sentence, particularly when talking about remittances and the unbanked.
Everything is Set for the First Ever Bitcoin Conference in Africa
Victoria Vaughan
2015-03-29T15:03:00+01:00
1194
New Daily Digest on Hong Kong Issues Bitcoin Warning, Russia Reconsiders Stance, and BitPesa Raises US$1.1 Million
Daily Digest: Hong Kong Issues Bitcoin Warning, Russia Reconsiders Stance, and BitPesa Raises US$1.1 Million
Aaron van Wirdum
2015-02-10T13:51:51+00:00
503

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