A letter from Quidax CEO
A letter from Quidax CEO

Dear Quidaxians,

The story behind Quidax all started in 2014 when I tried to buy my first Bitcoin. Like a kid before cake, I was fascinated about how the thing worked and I still am — deeply. At the time, buying Bitcoin with Naira was a nightmare but eventually, I found someone online who was willing to accept my Naira for Bitcoin. Full of excitement, I transferred my Naira to the person expecting the Bitcoin in my wallet. Haq haq haq! Let’s just say that to this day, I am still awaiting the confirmations on the blockchain. …


We know how difficult it is to build an exchange, we should know we launched our beta version in August 2018. The journey to going live on that day is the stuff of legends, thanks mostly to the great team of devs we have at Quidax.

We know how building from scratch is so while we support anyone that chooses to go that way we have created a shortcut, that has the potential of cutting the experience in half or less. You could call it a cheat code, we call it the Quidax Merchant API.

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Its, not that type of…


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It’s pretty easy to get lost in the maze of buzzwords and technical terms surrounding cryptocurrencies. Often times, such words get lost in translation even though they needn’t be. “HODL”, for example, could be perceived as a direction to huddle up for the next touchdown play in American football. However, it’s a slang to describe the action of holding a digital asset rather than selling.

Cryptocurrencies are decentralised, encrypted digital assets that may be exchanged over a public ledger and verified through a process known as mining. Cryptocurrency may be likened to a peer to peer payment system (like PayPal)…


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After a 2 year wait, winter is finally here. It would be great to state early on that this list is an opinion piece and represents the musings of the author. The list cannot be construed as financial advice. Before making any investment, kindly consult your financial adviser.

For the true fans, the list sits at an intersection between cryptocurrencies and GOT, the most popular show of all time. We thought it would be an interesting thing to try to compare the great houses of Westeros to cryptocurrency and as most lists go, you won’t agree with everything and that’s…


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On Tuesday, the cryptocurrency market came back to life with the price of most cryptocurrencies experiencing a surge. Bitcoin, for example, went all the way to $5,285.58 over a 48-hour period. Hitting its highest price this year.

When market movements like this happen there a lot of discussion regarding what you should do; buy, sell, hold or ignore everything. We asked a couple of people what they thought about the price surge and here’s what some of them said

The Observer

I work in the treasury department of a Nigerian bank. We regularly monitor the market movement of cryptocurrency (majorly…


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You know when you first heard that Bitcoin was at $10,000 in December 2017, and you rushed to buy, well you possibly know that was not the time to buy.

After probably making a loss you have sworn off cryptocurrencies. Although that doesn’t stop stories of people making money from cryptocurrencies sipping in. Stories of an acquaintance going on vacation with money they made from trading in cryptocurrency. Or of a cousin far removed who makes his livelihood from cryptocurrency.

Each time you hear these stories you itch to have your own positive story but the fear from your last…


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There are a few things less annoying than hearing the same word repeatedly but each time unable to make sense.

That’s how it often feels for most people when it comes to cryptocurrency. People talk about how it is the next big thing or how it is the future. Then when you attempt to understand what it is but keep seeing big sounding terms that gets you confused or disinterested. You are probably saying to yourself, this is not rocket science why does it have to be so complicated?

We have written these 7 things about cryptocurrencies you should pay…


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Bitcoin and cryptocurrency were introduced to most users sometime between 2013 and 2017, which was the period when it first saw its highest surges. The story of Bitcoin as we know it started in 2008 when Satoshi Nakamoto published the whitepaper in the wake of the financial crisis. However, it is remarkably still something of a mystery to regular people today. While most will have heard about cryptocurrency in one form or the other, a lot do not truly understand what it is and how it works. …


Bitcoin at 10: 10 Facts to know

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Today the 31st of October makes it 10 years since the day when Bitcoin was made public. Here are 10 interesting facts about cryptocurrencies that you should know

  • Crisis births Innovation

On the 31st October, 2008, in the midst of one of the worst financial crises the world had ever seen, a person — or group — by the name of Satoshi Nakamoto published a paper that claimed to offer an alternative to the traditional banking system. It was this paper that led to what is now known as Bitcoin. …


We are giving N10,000 to every 10th user that signs up on our exchange. We will give a total of 100 new users N10,000 to buy bitcoins and other cryptocurrencies.

Why? Because on this day in 2008, Satoshi Nakamoto published a paper aimed at offering an alternative to the traditional banking system. It was this paper that has led to what is now known as Bitcoin, an easy and seamless way to send payments over the internet. The paper was published during one of the worst financial crises the world had ever seen. It was said to have been published in reaction to the financial crisis.

3 steps to participate:

  1. Sign up
  2. Follow us on Twitter, Facebook, Instagram
  3. Every 10th new user gets N10k

T&Cs apply, good luck.

Quidax

Quidax is an African focused cryptocurrency exchange. We provide a seamless platform for users to buy and sell cryptocurrency using their local currencies

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