Nigeria granted license to cryptocurrency exchange, Quidax

The cryptocurrency exchange Quidax, founded in Africa, declared on August 29, 2024, that it was the first to be granted an initial operating license as a digital asset exchange by Nigeria's Securities and Exchange Commission (SEC).

Co-founder and CEO of Quidax said “At Quidax, the customer is our priority, every decision we make is to ensure that customers transact on our platform easily, safely and with confidence. We commend the SEC under the leadership of Dr. Emomotimi Agama, for taking the bold step to bring order, confidence and investor protection to our industry. This is a big win for Nigerias embrace of crypto, and we are glad to be a part of this historical moment.”

According to Quidax, With the license granted by the Nigerian SEC, Quidax is now able to collaborate with banks and other financial institutions, subject to the Central Bank of Nigerias approval. This license also fosters trust in cryptocurrency and protection for crypto enthusiasts in Nigeria.

About Quidax

Quidax was officially launched in 2018. Quidax is an African-founded cryptocurrency exchange that enables anyone to buy, trade, store, and transfer bitcoins.

Download the WikiFX app or Visit WikiFX and Don't miss out on any latest Forex News.