Sales of SAFCOIN, an exclusive African cryptocurrency, recently opened giving South Africans a chance to invest in tokens before the rest of the world. During the Initial Coin Offering (ICO), 500 000 SAFCOIN tokens will be made obtainable to investors with a valid South African bank account, for just R70 per token.
There will be 5 million crypto coins listed in October 2018 for sale on local and international cryptocurrency exchanges, as well as on an exclusive SAFCOIN exchange, when the price of the coins is expected to increase. SAFCOIN also plans to begin call centers and walk-in support centers in every province.
According to Neil Ferreira, founder of FHM, blockchain and cryptocurrency are an unclear and unidentified concepts for numerous Africans, which is the deterrence of complete adoption. He further stated that with SAFCOIN, the African cryptocurrency, people will be educated about the assistance of cryptocurrency and help them know how and where to trade so that they can be encompassed in the International Digital Currency Revolution and Africa’s Cryptocurrency History.
Ferreira stated that it was significant for the platform to join features in the cryptocurrency such as affordability, safety and simplicity. According to him, people in South Africa can contribute to the increasing digital currency movement for the cost of one takeaway meal, as stated in Mail and Guardian.
Enhanced Security On SAFCOIN Website
The procedure of becoming a cryptocurrency investor is completely easy and quick. Investors will have to go through safcoin.co.za and get registered as new users. They must select then follow some easy steps and pay only R70 for buying each unit of the SAFCOIN.
Investors can make sure that the would get 100 percent security when through SAFCOIN website they will purchase the cryptocurrency.
An extensively important online payment mainframe called i-Pay facilitates instant EFT (Electronic Fund Transfer) transactions of this African cryptocurrency in South Africa and it is expected to hit high of about $3131 million by the end of 2018, as per IOL.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]