18/09/2018
Zimbabwe?s Golix Battles To Grow Volume After Breaking Into Seven African Countries
Zimbabwean cryptocurrency exchange, Golix, is now active in seven countries across Africa, but it may be sometime before everyone buys into the project. Volume is still very low amid what looks like close competition between old and new exchanges fighting for a small, elite, but steadily growing market. A lack of market markers #8211; those wealthy individuals or companies that can swing markets if it makes them a profit #8211; seems to be the biggest challenge, however. Also read: Nigerian President Demands HSBC Bank Returns $100m In Stolen Money Less Than $100,000 Volume Traded Each Month In New Markets Golix has in the last two months allowed people from seven African countries to buy...
