The state of Bitcoin startups in Africa

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Many economies have adopted Bitcoin into the mainstream market using it as the main currency.Africa is no exception. Ghana, Kenya ,Nigeria have become bitcoin hubs in Africa now with a few offices in their central cities.This aggressive adoption has resulted in the establishment of several cryptocurrency market services ,which are now enjoying incredibly high annual turnover.

African Startups on Bitcoin Based Blockchain

The major players in the ever growing cryptocurrency trade in Africa are found in Kenya,Ghana,Nigeria and South Africa.Thag can be indicated by the volumes of Bitcoin transactions,the number of the subsidiary startups in their respective regions and public participation like conferences and meetings.

Let's now look at some of the Bitcoin trading brands in various African nation's.

1. Bitpesa (Kenya)
The company has invested billions of dollars in equity as far as the African Crypto market is concerned.

2. BitHub Africa (Kenya)
Founded in 2015 by John Karanja,the Nairobi based blockchain cryptocurrency accelerator offers investment advisory to the emerging start-ups and fintech firms in the cryptocurrency space. Their services include analysis, development, maintenance, training and additional support for brands aiming to create a niche in the blockchain industry.

3. BitLand- Bitcoin based Land Title Issuer (Ghana)

BitLand was started to enable persons and organizations to carry out land surveillance and record title deeds onto a blockchain exchange. Currently the Bitcoin based deed registry expends its services within Kumasi, Ghana but expects to expand into other African nations and develop the necessary infrastructure to tap the unclaimed billions of dollars in property rights.

NairaEx (Nigeria)
NairaEx is the longest standing Bitcoin accelerator and a renowned brand in selling and buying of cryptocurrencies in the West African country, which makes it easier for users to cash out bitcoins in the form of their local currency.