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Home Blog Page 4368

Finector came to replace Paxful in Africa

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 A few days ago the CEO of P2P platform Paxful, Ray Youssef, announced the suspension of the platform for an indefinite period. The exact reason for the closure is unknown, but the CEO cited an unfavorable regulatory climate in the United States and the departure of several key employees.

Finector, an international P2P marketplace registered in the global cryptohub, Dubai, was launched not too long ago, in full compliance with local laws.

Finector is developing rapidly and in addition to the already available regions: UAE, Russia, Kazakhstan, Turkey, Georgia, etc., the company begins to provide services in the African region in such countries as Nigeria, Ghana, Kenya, South Africa, Cameroon and Ethiopia.

What does Finector offer?

To buy cryptocurrency on the platform, you need to register on Finector and choose the best offer from all the available offers. Then, you need to make a payment to the seller using the method of your choice. After completing the fiat transaction and confirming the payment on the platform, the buyer receives a cryptocurrency transfer from the seller.

Key features of Finector P2P:

  1. No commissions. The platform has no commissions for both buyers and sellers on existing listings. For merchants it is 0.5%. 
  1. More than 100 payment methods. Users can choose the most convenient payment format depending on location and available options. The payment through payment systems, bank transfers and cash is supported.

The platform works with the major popular global payment systems, as well as Nigeria (NGN), Kenya (KES), South Africa (ZAR), Cameroon (XAF), Ethiopia (ETB) payment methods.

  1. Notifications. You can connect Telegram and email in your profile and receive notifications of deals. This is very convenient because you do not need to sit in front of the monitor all the time and wait for the deal.
  1. Secure trades. The platform has implemented an escrow system – at the time of placing an offer, the amount of cryptocurrency specified in the offer is automatically reserved on the seller’s P2P wallet. If the merchant fails to transfer the cryptocurrency purchased by the buyer, the support staff will send the reserved cryptocurrency to the customer’s wallet themselves. This system prevents theft and fraud.
  1. P2P Wallet. On the platform you can store, send and receive cryptocurrency through an internal wallet. Cryptocurrency bought on the platform is credited to the wallet, from where it can be withdrawn to third-party addresses. To sell cryptocurrency, the seller must also first transfer it to a wallet before placing an order.

Selling cryptocurrencies and terms for merchants

Finector provides a platform for secure transactions between buyers and sellers (merchants) – offers to sell cryptocurrency on the platform are posted by other users.

The platform has a user-friendly interface and many ways to pay for the transaction, which creates a stable flow of customers for exchange transactions.

The security of the platform is of great importance for Finector: regular third-party security audits are conducted and a rewards program for finding vulnerabilities is implemented.

Finector invites merchants to register in advance to get an advantage over other merchants.

The main terms of cooperation for merchants on Finector P2P:

  • Merchant fee – 0.5%;
  • Number of offers – unlimited;
  • Money transfers without any limits;
  • Availability of referral program;
  • Support 24/7.

To become a merchant on Finector P2P, register on the platform and fill in the application to add a merchant to the platform.

Conflux (CFX) and Stacks (STX) Taste Defeat Against TMS Network (TMSN). Anamoly or a Budding Trend?

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Conflux (CFX) and Stacks (STX) have become celebrities of the crypto-verse because of their meteoric rise over the past few months. Nevertheless, their prices seem to be going down now. In comparison, TMS Network (TMSN), which is a contemporary of Conflux (CFX) and Stacks (STX), is growing stronger.

Whether the higher growth of TMS Network (TMSN) against Conflux (CFX) and Stacks (STX) is an anomaly or a trend that will continue in the future? Here’s everything you need to know.

Conflux (CFX)

Hong Kong has recently legalized crypto trading. Investors started speculating whether China would follow suit, leading to the boom in Conflux (CFX). After all, Conflux (CFX) is the only regulation-compliant crypto from China.

As Conflux (CFX) came into the limelight, it rallied at a remarkable speed, going up by over 1300% in a matter of weeks. The appreciation was also fueled by Conflux’s (CFX) strategic partnerships with China Telecom and Little Red Book. However, after the initial euphoria settled, Conflux’s (CFX) growth flattened.

Conflux (CFX) is not growing anymore. In fact, it has been dropping in value. Conflux (CFX) is still entering into new partnerships, but the effect of these developments is no longer visible in its price. On the other hand, TMS Network (TMSN), which started its growth story alongside Conflux (CFX), is still maintaining its high momentum. It’s growing and is predicted to do even better in the future.

Stacks (STX)

Stacks (STX) is a decentralized platform built on the Bitcoin (BTC) blockchain. So far, Bitcoin (BTC) has operated as a store of value. The goal of Stacks (STX) is to bring DeFi functionality to the Bitcoin (BTC) blockchain. Stacks (STX) offers smart contracts for developers to build dApps atop Bitcoin’s (BTC) proven security and reliability. While Stacks (STX) was launched in October 2018, it gained massive popularity at the beginning of 2023. It grew from $0.21 in January 2023 to $1.27 on March 20, 2023. Since then, Stacks (STX) is sliding.

The use case of Stacks (STX) depends heavily on the integrity of the underlying Bitcoin (BTC) blockchain. So, Stacks’s (STX) price is a function of the price of Bitcoin (BTC). It rises and falls with Bitcoin (BTC). Since Bitcoin (BTC) is the first cryptocurrency, it does not have room to jump as much as a budding cryptocurrency.

A cryptocurrency like TMS Network (TMSN) with a solid use case will certainly do well against Stacks (STX) in the long term. It is already doing better than Stacks (STX) anyway.

TMS Network (TMSN)

TMS Network (TMSN) is a DEX that allows trades in cryptocurrencies along with multiple traditional asset classes. These include equities, forex, and CFDs. TMS Network (TMSN) allows traders to benefit from the DEX’s transparency, high speeds, and cheap transaction costs. The platform also allows equity and forex traders to make their transactions entirely using cryptos, discarding fiat money.

An incredibly positive market sentiment has been brewing around TMS Network (TMSN) since it opened for presale. That’s why the token sold out completely and raised $500,000 at a price of $0.025 in the first round of presale. Its stage 2 presale is ongoing, and its price has almost increased 100%. TMS Network (TMSN) has raised over $4 million in total funding, and it’s still going strong.

Experts believe that TMS Network (TMSN) is far from its peak. TMS Network (TMSN) will continue to move up and make its way to the list of top gainers of 2023, with a growth rate of almost 5000% after its launch.

 

For more information on TMS Network (TMSN) please see the links below:

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

Collateral Network (COLT) Presale Sees Strong Investor Interest, While Stellar (XLM) and Solana (SOL) Fall Further

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One coin that is currently generating a lot of excitement is Collateral Network (COLT). This is in contrast to other coins, such as Stellar (XLM) and Solana (SOL), which have been falling in value. But what’s driving the interest in Collateral Network (COLT)?

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT)

With Collateral Network (COLT), you can unlock the potential of your physical assets and access the funds you need without the burden of selling them. Collateral Network (COLT) offers a secure and efficient way to collateralize your  physical assets and mint fractionalized NFTs, allowing you to access loans in under 24 hours.

By fractionalizing collateral in this way, Collateral Network (COLT) enables loans to be broken down and serviced in smaller pieces, increasing liquidity and allowing for more loans to be granted. Collateral Network (COLT) is a particularly attractive proposition for small lenders and borrowers, who are often overlooked by traditional lending institutions.

In addition to this, Collateral Network (COLT) also ensures security through its smart contracts and decentralized protocols. This means that all transactions on Collateral Network (COLT) are validated on the blockchain, providing an added layer of trust and accountability.

The COLT token is an integral part of Collateral Network (COLT), as it will be used to pay transaction fees and access premium features. COLT can be purchased at $0.01 during the Collateral Network (COLT) presale stage, providing an opportunity for early investors to get involved in the project.

Stellar (XLM)

Stellar (XLM) is a decentralized blockchain network that facilitates fast, secure, and low-cost transactions between people and institutions worldwide. Stellar (XLM) was founded in 2014 by Jed McCaleb, one of the co-founders of Ripple.

The primary goal of Stellar (XLM) is to provide an efficient platform for cross-border payments, particularly in developing countries where traditional financial systems are lacking or inaccessible. Stellar (XLM)’s native cryptocurrency, XLM, is used as a means of payment and as a bridge currency for facilitating transactions between different fiat currencies.

While Stellar (XLM) posted huge gains during the 2018 bull run, Stellar (XLM) has since failed to regain the same level of investor interest. In fact, Stellar (XLM) is down more than 90% from the 2018 high of $0.93.

The Stellar (XLM) team needs to better articulate its vision and roadmap, as well as implement new features that can increase adoption.

Solana (SOL)

Solana (SOL) is a next-generation blockchain platform that enables near-instantaneous transaction throughput and low latency for decentralized applications. Solana (SOL) provides an ideal platform for developers looking to build high-performance applications with scalability and low transaction fees.

Solana (SOL) combines proof-of-stake and proof-of-history consensus protocols, which guarantee the integrity of data on the platform and allow for fast transaction processing. Solana (SOL)’s native cryptocurrency, SOL, is used to pay for transactions.

Although Solana (SOL) initially saw a surge in investor interest when it launched its mainnet in late 2020, the price of Solana (SOL) has since fallen sharply. This fall can be partially blamed on the wider market downturn, but investors may also be concerned about the FTX scandal that shone a bad light on Solana (SOL).

Solana (SOL) is currently trading below $21, representing a 92% drop from its peak value of $260. Experts suggest that Solana (SOL) will likely persist in moving horizontally below the $25 resistance point; however, a widespread bullish trend in the crypto market may enable the token to break this resistance and move higher toward $80.

 

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Thank you Amazon AWS

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Tekedia Capital and Tekedia Institute want to THANK Amazon AWS for a really long partnership we have enjoyed from one of the finest companies in the world. You have made our companies, and dozens of our portfolio companies better through your world-class support. I also appreciate the exceptional assist you extended today.

I thank the London team. I thank the Dubai team. I thank the Johannesburg  team. Great customer team. Thank you for always helping whenever we ask for help.

Thank you AWS; we’re building on the wings of the giant.

Rating: 5 stars. A+. Excellent.

Tekedia Unveils Internship Placements To Support Our Learners

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Greetings! We’re writing to share that Tekedia Institute has unveiled a new initiative to support our Learners. Over the last few quarters, we have placed many learners in local and global companies for internships (or industrial attachments). We have also taken time to examine the outcomes. The good news is that data does validate that value is created for learners through this process.

Consequently, we are opening the process to all learners who may be interested in part-time and full-term internships in companies. Tekedia Institute does not receive any financial benefit on this; we simply recommend learners, when companies reach out,  relying on Capstones, Homeworks, etc we have on file. For Tekedia Practice (agriculture, digital tech and new energy), an internship is already included in the program. A page has been created and we will be posting Internship opportunities therein.

Open Opportunity: we have a request from a United States-based neobank for PAID graduate interns. Go here and check if you qualify.

Meanwhile, for Companies looking for interns, we want to read from you; please email info@tekedia.com with your requests including role and qualifications, location (physical or remote), duration, compensation if any, and other necessary requirements like work permits. 

Finally, do not forget that registration for  the next edition of Tekedia Mini-MBA (June 5 – Sept 2, 2023) is ongoing and discounts for early bird registration are available here. Share with friends, associates, etc and ask them to register. The next edition is tagged “AI in Business” edition as the Institute will distill how businesses will position and win the future, which AI (artificial intelligence) is expected to anchor and power.

Have a great day!

Team Tekedia Institute

Boston, USA | Owerri, Nigeria