Paxful news

Paxful has partnered with Uhuru Wallet to add a new payment method to its platform. This collaboration is expected to give South Africans access to the crypto economy, making it easier to make money transfers.  The cost of financial transactions in Sub-Saharan Africa can be sky-high. Fortunately, the global crypto-currency space is providing African users with a cheaper alternative for personal and business-related transactions across borders.  A recent report by the blockchain forensic and research group Chainalysis on cryptocurrency use around the globe revealed that monthly crypto transfers under $10,000 to and from Africa jumped more than 55% in a year, reaching $316 million in June 2020. The number of monthly transfers nearly doubled, surpassing 600,000 transactions with mos...