Report: Crypto Exchange Binance in New Partnership that Seeks to Deepen Crypto Adoption in Africa

Share This Post

In what has been described as a collaboration that will deepen crypto adoption, the cryptocurrency exchange Binance recently said it partnered with the African video streaming service Showmax. Binance users that enroll to become active in Web3 will be rewarded with a month-long video streaming subscription.

Africans Embracing Blockchain

Cryptocurrency exchange Binance said it has partnered with the video streaming service Showmax in a collaboration that seeks to deepen crypto adoption in Africa. According to a Business Day report, about 500 Nigerian Binance users enrolling to become active participants in Web3 will be rewarded with a month-long video streaming subscription.

Remarking on the crypto exchange’s latest campaign to bring crypto to the masses, Binance’s Emmanuel Ebanehita said:

We’re thrilled to be collaborating with Showmax to provide an incredible opportunity for our new users to be active participants in Web3. This promotion comes at a time where many Africans are eagerly embracing the underlying technology behind crypto.

Ebanehita added that the latest campaign also showcases the crypto exchange’s commitment to availing “accessible and convenient platforms,” making it possible for users to participate in the digital economy.

Opeoluwa Filani, the general manager at Showmax Nigeria, lauded the collaboration, which will see more people using his company’s video streaming platform.

According to Business Day, users that wish to sign up for Binance’s crypto education and adoption initiative must complete registration and perform a transaction worth $10. Users will confirm their participation in the campaign by filling out a form.

Register your email here to get a weekly update on African news sent to your inbox:

What are your thoughts on this story? Let us know what you think in the comments section below.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Trump-Backed DeFi Project Set To Launch WLFI Token Sale October 15

Former President Donald Trump foray into decentralized finance (DeFi) with his initiative, World Liberty Financial, has officially begun onboarding users, with a public sale of its WLFI token

Ripple’s Chris Larsen 1.75 Million XRP To Kamala Harish, What’s The Motive

The post Ripple’s Chris Larsen 175 Million XRP To Kamala Harish, What’s The Motive appeared first on Coinpedia Fintech News Ripple Chairman Chris Larsen has made headlines by donating

Japan’s Metaplanet Scoops Another 108 Bitcoin, Inches Closer To 1000 BTC Target

On October 10, 2024, Japanese investment firm Metaplanet added another 108 Bitcoin (BTC) to its reserves, bringing its total holdings to over 748 BTC Metaplanet Eyes 1000 Bitcoin Target In its third

Why Crypto Market is Up Today: Whale Demand and ETF Inflows Spark Weekend Rally

The post Why Crypto Market is Up Today: Whale Demand and ETF Inflows Spark Weekend Rally appeared first on Coinpedia Fintech News The total crypto market cap surged by 2 percent in the past 24 hours

Why Crypto Market Is Up Today? Will US Elections 2024 Drive More Gains?

The post Why Crypto Market Is Up Today Will US Elections 2024 Drive More Gains appeared first on Coinpedia Fintech News The total crypto market cap surged by 2 percent in the past 24 hours to hover

Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry

Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $11