Quidax raised over $3 million, on the worst day of crypto, in less than 48 hours
Quidax raised over $3 million, on the worst day of crypto, in less than 48 hours
On what has been dubbed the worst day of cryptocurrency so far this year, African-founded exchange Quidax raised over 7,772 BNB through the public sale of its token, QDX. On Thursday, May 19, the cryptocurrency market experienced its first significant decline in 2021, with Bitcoin falling as low as $30,000 from a high of $64,000. Despite this, QDX's public sale ended in less than 48 hours.
Quidax recently announced that it had processed over $3 billion in transaction volume with over 400,000 customers in more than 70 countries since its launch in 2018. Quidax also announced a shift away from an African-centric strategy toward becoming the global home of BEP20 tokens.
Next Steps for Quidax
The exchange announced on Friday that $QDX will be listed on both its platform and the DeFi platform, JulSwap, beginning Sunday, 23rd May, allowing anyone to trade the cryptocurrency.
Quidax also unveiled its QDX roadmap, which details the QDX ecosystem's future developments. The disclosure included the addition of several tokens to the exchange, including BNB, DOGE, and SHIB.
As part of its roadmap, QDX Vault will enable users to stake their QDX tokens and earn token airdrops from every other token listed on the exchange.
Additionally, an airdrop is scheduled for June for members of the Quidax and JulSwap communities who hold QDX.
Additionally, the QDX roadmap indicates that a self-service listing will go live in August. This one-of-a-kind feature will benefit BEP20 projects interested in listing their tokens on the Quidax exchange within 24 hours.
A fast-growing ecosystem
Through partnerships, the Quidax ecosystem continues to grow. One such collaboration is with Chainalysis, a blockchain analytics firm. Quidax recently announced the upcoming listing of the Wall Street Games Token (WSG). Wall Street Games is one of the largest blockchain-based gaming platforms, and this development demonstrates the company's commitment to creating an ecosystem that is truly unique.
Apart from instant exchange and order book services, Quidax enables OTC trading for institutions and equips fintech firms to offer cryptocurrency services to their customers via a dedicated plug-and-play API.
About Quidax
Quidax's mission is to serve as the home of BEP20 by providing access to tokens on the Binance Smart Chain (BSC) as well as popular cryptocurrencies. Apart from instant exchange, Quidax enables over-the-counter trading and empowers fintech companies to offer cryptocurrency services to their customers via a dedicated API. Quidax launched officially in 2018 and has since grown to over 400,000 customers in more than 70 countries.
Courses and Certification
Cryptocurrency Course and Certificate
Ethereum Course and Certificate
Fintech - Financial Technology Course and Certificate
