Africa’s Safcoin to list on international crypto giant, HotBit

Safcoin Crypto, Africa’s Delight.

SAFCOIN claims its spot alongside the world’s hottest cryptocurrencies; turns into first South African crypto to be listed on a worldwide buying and selling platform.

HARTENBOS, WESTERN CAPE, SOUTH AFRICA, September 1, 2021 /EINPresswire.com/ — SAFCOIN, Africa’s first Proof of Work (POW) coin that launched completely to South African consumers in 2018, goes international with its itemizing on HotBit, one of many world’s main cryptocurrency buying and selling platforms.

The listing date is scheduled for subsequent week 8/9 September 2021

As the primary native cryptocurrency to be provided to the worldwide market – and with solely 10 million cash out there and eight.7 million already circulating – the HotBit itemizing provides worldwide traders the chance to personal a local African cryptocurrency that’s pushed by a core objective: to make investing in crypto straightforward, accessible, and comprehensible for everybody in Africa.

Journey to the worldwide stage

SAFCOIN has achieved many firsts for the South African crypto market in three years.

Highlights embrace:

2018:

• Blockchain firm FHM (Pty) Ltd points an Preliminary Coin Providing (ICO) for 500,000 SAFCOIN tokens. The ICO was solely open to South Africans, giving them a chance to spend money on a start-up foreign money after lacking out on quite a few ICOs when the digital cash rush began in 2010.

• Launches bespoke, decentralised blockchain mainnet, constructed utilizing a Scrypt algorithm; the centralised SAFCOIN Alternate; and SAFCOIN Wallets on Android and iOS.

• On 12 December, the Safcoin blockchain went reside

2019:

• Launches SA’s first “plug-and-play” SAFCOIN mining alternative, permitting new, small, and start-up miners to earn a passive month-to-month earnings by mining SAFCOIN. The initiative empowers anybody to start out a mining enterprise – with out earlier expertise or costly {hardware}.

• Launches SAFPay, a safe fee gateway that facilitates transactions with very low – or no – transaction charges and no intermediary.

• Western Cape Authorities invitations SAFCOIN to debate on regulatory framework for cryptocurrency and exchanges in South Africa.

2020:

• Expands into Nigeria and Uganda.

• Launches MobiJobs, Africa’s first blockchain-powered micro jobs platform that connects companies and gig economic system staff throughout Africa.

• Launches SAFCOIN pool mining programme.

2021:

• Launches Cryptovalley, an e-commerce platform powered by SAFCOIN and SAFPAY that enables small companies to promote and pay for merchandise with crypto.

• First domestically based digital foreign money to listing internationally with HotBit debut.

Africa’s Delight

SAFCOIN CEO Neil Ferreira says: “SAFCOIN actually is Africa’s satisfaction. It’s been wonderful to look at our imaginative and prescient come to life, and it retains rising from energy to energy, connecting and empowering extra Africans throughout the continent every single day.”

He says they by no means supposed SAFCOIN to be ‘simply one other cryptocurrency’ however wished to demystify crypto for the person on the road and supply him with instruments and sources to take part within the digital foreign money revolution. The final word purpose was to see SAFCOIN develop into a extensively and globally accepted type of fee that in flip boosts African commerce and simplifies cross-border fee processes. With the HotBit itemizing, it appears nothing can cease SAFCOIN’s development and influence.

“There’s much more to cryptocurrencies than simply cashing in on it,” says Ferreira. “People could be empowered, marketplaces could be opened, cross-border commerce could be supported, and social and financial development could be stimulated. That is why SAFCOIN was created: to assist individuals whereas additionally empowering them to assist themselves.”

About SAFCOIN

The SAFCOIN undertaking, first launched in 2018 by founders Neil and Michela Ferreira, along with Tony Ferreira, is a pioneering enterprise tailor-made to the elevated want for broad-based digitisation on the African frontier. SAFCOIN in itself is greater than only a cryptocurrency and boasts inside it an intensive community of capabilities united beneath the SAFCOIN umbrella.

Over and above its accolade as the primary Proof-of-Work cryptocurrency on the continent, the SAFCOIN eco-system has been developed to speed up Africa’s small -to medium companies and freelance participation in a worldwide economic system.

Complete Provide 10,000,000

The place to purchase SAFCOIN:

• SAFCOIN Alternate

• HotBit

• Catex and P2Pb2B

To be taught extra about SAFCOIN or to create an account, go to https://www.safcoin.co.za or obtain the SAFCOIN app for Android or iOS.

About HotBit

HotBit is without doubt one of the world’s main cryptocurrency alternate platforms. Registered in Hong Kong and Estonia, with roots in Shanghai and Taipei, it caters primarily to South-East Asian traders and merchants. HotBit boasts a buying and selling quantity of over $181 million and is ranked 83rd in world crypto alternate listings. Over a million customers in 170 international locations commerce in 700+ cryptocurrencies listed on HotBit, together with Bitcoin (BTC), Ethereum (ETH), and Polkadot (DOT), placing SAFCOIN in good firm.

Neil Ferreira
Safcoin
[email protected]
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