Exclusive: Binance Set to Launch Its First Crypto-Fiat Exchange in Uganda - Source: CoinTelegraph

in #brasil6 years ago

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Finaly some enterprise is looking for oportunities in Africa. I agree with Changpeng Zhao, Africa, because of it's poor Economy and Politics system, is a huge oportunities for cryptobusiness.

https://cointelegraph.com/news/exclusive-binance-set-to-launch-its-first-crypto-fiat-exchange-in-uganda

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Africa is a great opportunity for crypto business only if service fees remain small. In the other case, financial inclusion of poor people will be impossible. For example, bitcoin with transaction fees over 1$ is unusable for african people.
Surely it is an opened market for many crypto opportunities and can be a great field for developing fintech applications such as blockchain-based business

This is true. The transaction fees needs to be small for this poor population.