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Press Release: Thursday, March 25 2021, 11:30 CAT | Source: XAGO

Paxful, the leading peer-to-peer financial platform with over 5 million users around the world has chosen to add Xago as their latest partner to connect more South Africans to the global financial network via cryptocurrencies.

Xago is expanding rapidly, especially into emerging markets, and joining the Paxful stable is certainly opening up Xago’s clients to like-minded individuals who value real-time trade. By simply having both Xago and Paxful accounts, Xago users can now trade with individuals on the Paxful platform from all over the world.

“We’re delighted to be partnering with Xago. Together we can offer a localised solution to help South Africans use cryptocurrencies in everyday life for payments or as a medium of exchange for example. There’s a growing interest in cryptocurrencies in South Africa and we’re looking forward to making it easier and better for South Africans to use them to access the global economy,” comments Modibe Matsepane, Africa Community Coordinator at Paxful.

The peer-to-peer system of Paxful removes borders and limits. With a Paxful account, people can send money and purchase items with other individuals across the world, as well as build a business with their Bitcoin affiliate program.

“Our partnership with Paxful is perfectly timed for increased trading as we end the first quarter of 2021. Our highly experienced leadership and engineering teams have worked extensively on our platform to continue to drive efficiency and new features will be launching shortly. We are obviously very pleased to be part of the Paxful global community and look forward to ongoing opportunities between our clients,” emphasises Kevin Lewis, Chief Growth Officer at Xago.

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This article is a Press Release received from XAGO. Global Crypto did not receive any form of compensation for its publication, and as this material is deemed newsworthy for the Southern African blockchain industry, it was thus published accordingly.

About Paxful
Paxful is a peer-to-peer finance platform for people to make payments, transactions, and send money by buying and selling cryptocurrencies as a means of exchange. Founded in 2015 by Ray Youssef and Artur Schaback, Paxful’s mission is to help everyone have equal access to finance no matter who or where they are. Over 5 million people use Paxful to buy and sell Bitcoin (BTC) and Tether (USDT) with almost 400 different payment methods.

Ray Youssef, co-founder and CEO of Paxful, set up the Built with Bitcoin Foundation to help people have access to education and water. To date, the foundation has built four schools (two in Rwanda, one in Kenya, and one in Nigeria). The Built with Bitcoin Foundation is funded by Paxful and in part by donations from Paxful users.

About Xago Technologies (Pty) Ltd.
Xago is an innovative fintech based in Cape Town, South Africa. We offer Crypto Exchanges, eCommerce Platforms, Financial Institutions, Retailers and Business Owners who require extremely efficient and cost-effective money movement across borders, with a key focus in Africa. Xago harnesses the power of mobile, retail networks and blockchain technology in playing a crucial role to transform the payment industry by bypassing traditional payment rails, while remaining fully compliant and highly secure.

Kratika is Global Crypto's Admin Assistant. She has extensive experience working for top tech firms from around the world, and has a wealth of knowledge in the FinTech industry.