Quidax, a European based cryptocurrency exchange company has said it’s in Nigeria to educate and increase the level of understanding cryptocurrency and blockchain in Nigeria.
In a presentation at the Abuja Blockchain and Artificial Intelligence Roundtable (ABAR), Buchi Okoro, Chief Executive Officer of Quidax, urged investors to take the advantage offered by the emergence of cryptocurrency and the importance of understanding it, said: “It is the currency of the future.”
The Quidax boss stated that the company was set up to enable people buy and sell Cryptocurrencies easily with local currencies with the goal of providing liquidity and tools to power cross-border remittances to and fro emerging markets.
Quoting an email newsletter from renowned businessman and author, Robert Kiyosaki, Buchi stated: “Crypto is the future. It’s not a matter of “If” crypto will take down the entire financial world; it’s just a question of “when.”
Buchi stated further that one of the company’s objectives is to increase the level of understanding cryptocurrency and blockchain in Nigeria, shedding light on why they were glad to be a part of the event.
He said: “We have been proud to partner with the organisers of Abuja Blockchain and Artificial Intelligence Roundtable and will ensure that we continue to develop and seek new partnerships that will increase the understanding of cryptocurrency and blockchain in Nigeria.”
Buchi also stated that there is a need for regulations to bring sanity to the space and protect the general populace but in the absence of that Quidax has taken steps as a responsible corporate citizen to protect its users and increase the level of awareness about cryptocurrencies.