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

News Feed - 2023-04-10 08:04:25

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


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.


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Tags in this story Binance, Crypto Adoption, crypto exchange, digital economy, Emmanuel Ebanehita, Opeoluwa Filani, Showmax, Web3


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


Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route. Crypto Exchange Bybit Partners With Innovation Growth Hub to Launch Blockchain Education Program AFRICA | Mar 30, 2023 Report: Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Take Effect in January 2025 AFRICA | Mar 26, 2023


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleLABEL Foundation Secures 7 Digit Investment From DWF Labs Next articleBitcoin, Ethereum Technical Analysis: BTC Jumps Back Above $28,000, Following Easter Break Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItArgentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments


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