A new, digital asset exchange – ChainEX – has been launched on the world wide web. 

“ChainEX is the only digital asset exchange that provides a platform for South Africans to buy, sell or trade up to 20 different digital assets - using the South African rand as the default fiat-buying currency for some.” 

Director Otto Lessing said ChainEX’s mission is to provide a world-class platform to benefit every South African by providing them with easy access to global crypto markets. Recent statistics, he said, indicated that SA topped the list of countries with the most Google searches for the cryptocurrency Bitcoin. Slovenia is second, followed by Austria, the Netherlands and Australia. Bitcoin is also the most searched term on Investopedia, the world’s largest financial education website. 

ChainEX is playing its part in meeting the world’s ever-increasing appetite for cryptocurrencies, said Lessing. “The increased interest in cryptocurrencies comes as no surprise as more and more people are looking to get involved in this exciting opportunity.” After starting 2017 at a market cap of USD17.7-billion, according to CoinMarketCap, he said the value of the cryptocurrency market surged by more than 1 200 per cent during the course of the year. However, he warned, the increased amount of interest also had a downside. “Digital asset exchanges are increasingly struggling with the massive influx of users, which results in them experiencing frustrating delays when trying to access or transact on the platforms. “ChainEX strives to alleviate this problem by providing a trading platform that is secure, user-friendly and reliable with a well-tested, highly scalable matching engine.” 

Plans include expanding its asset base by introducing more digital asset currencies to its trading platform, thereby providing South African users with a better experience and more exposure to the world of cryptocurrencies. “There is also a possibility to present a platform to South African-based companies where their newly launched ICO (Initial Coin Offering) tokens can be traded on,” said Lessing. 

Visit www.chainex.io for more information.

PayApp has launched DigiBanQ, the first digital-only, digital currency bank, built on cutting edge mobile-first web technology, integrating seamlessly into the customer's digital lives, both customers and merchants can register online or on a mobile device in 90 seconds flat without downloading anything.

PayApp DigibanQ offers everyday banking options via current and savings/deposits accounts, with the ability to be able to pay digitally direct from any internet enabled device, furthermore, customers will be able to make payments to anyone, anywhere, anytime simply by using a mobile number either on the web-app or via USSD.

With PayApp DigiBanQ there is no minimum balance requirement, no maintenance fees, and 0% transaction fees. A customer/Merchants account number is their mobile phone number, this is also used for customer authentication together with strict digital core infrastructure security, making the platform extremely secure.

Brian Dalton, a founder of PayApp DigiBanQ, said: “The launch of DigiBank marks an important step in the evolution of the global digital currency market. DigiBanQ’s currency “Nuggets” has been developed to be highly stable in stark contrast to the volatility of both fiat and all other digital currencies. The differentiation is that Nuggets is designed as a transactional currency and not as a speculative currency.

Contact details:

Brian Dalton, CEO
tel 012 994 4713
mobile 0840867895
email This email address is being protected from spambots. You need JavaScript enabled to view it.
webiste www.payapp.co.za