Topic: Introducing Bundle, an Africa-focused Social Payments App for Cash and Crypto (Read 159 times)
April 23, 2020, 05:09:50 PM
The development of Binance and the speed of mass adoption shows how strong the BTC spreads over the world, even Africa continent population has the opportunity to purchase the cryptocurrencies. Nice strategy for reaching the high levels, CZ!
April 23, 2020, 10:36:08 AM
I'm not surprised by CZ bold move here. I mean they are on top and Binance in the last two years have been aggressively expanding it's business around the world. Yes, Jack Dorsey may have laid the crypto foundation in that continent, but CZ went into extremes again with his product released. I'm not sure if this news was the reason that the market has been pump today to almost $7500.
April 23, 2020, 06:23:50 AM
https://twitter.com/binance/status/1253232153413861381
Quote
Introducing Bundle, an Africa-focused Social Payments App for Cash and Crypto
What is Bundle?
Bundle’s product vision is to evolve into a super-app with a native digital wallet that supports crypto and cash - one that becomes an ultimate utility in everyday life for Africans and the world. Users can buy, sell, and store digital currencies such as BNB, BTC, and ETH, as well as deposit and withdraw digital currencies and local fiat starting with NGN (Nigeria Naira) and many more fiat currencies in the coming weeks. These transactions can be processed via various payment channels such as cards, bank transfer, and Mobile Money as well as safely stored in Bundle's SmartWallet. Bundle plans to support 30+ African countries by the end of the year, creating a simplified fiat on/off ramp for crypto on the continent.
What is Bundle?
Bundle’s product vision is to evolve into a super-app with a native digital wallet that supports crypto and cash - one that becomes an ultimate utility in everyday life for Africans and the world. Users can buy, sell, and store digital currencies such as BNB, BTC, and ETH, as well as deposit and withdraw digital currencies and local fiat starting with NGN (Nigeria Naira) and many more fiat currencies in the coming weeks. These transactions can be processed via various payment channels such as cards, bank transfer, and Mobile Money as well as safely stored in Bundle's SmartWallet. Bundle plans to support 30+ African countries by the end of the year, creating a simplified fiat on/off ramp for crypto on the continent.
https://www.binance.com/en/blog/421499824684900534/Introducing-Bundle-an-Africafocused-Social-Payments-App-for-Cash-and-Crypto
It looks like Binance has rolled out their new product specific for this continent. We all know that Jack Dorsey is one proponent of bringing crypto closer to Africa as well. I'm not surprised by the move of Binance though, African market is huge and ripe for crypto and CZ has planted the first seed already.
But eventually Cash App by Square/Jack Dorsey needs to catch up as we all know that he is the one who pitch the whole Africa thingy last year.
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