Jan 13
CoinW African Expansion: The Year In Review
As part of its global expansion campaign, leading cryptocurrency exchange, CoinW, set its foot and began full operation in the African continent, operating as CoinW Africa. The year 2022, witnessed a series of moves and extension of CoinW’s services to different regions. In Asia, CoinW extended its operation to South Korea and Vietnam, offering localized services to these two markets. CoinW kick-starting operation in Africa, was a result of the recognition of the potential of the African cryptocurrency market and a response to CoinW’s drive towards providing solutions to diverse users and letting the wealth snowball roll from different angles.
Successes of 2022
Since CoinW Africa began operation in May 2022, it has enjoyed a productive campaign, reaching milestones, growing in numbers and reach. Presently, CoinW Africa has an online community strength of 13000 members on Telegram and Twitter community of over 12000 followers. Also, its African operation cuts across different crypto hubs and countries such as Nigeria, Kenya, Ghana and South Africa. The momentum never slowed down as CoinW Africa implemented different projects in the African space, bringing closer to the African people, the unique product offerings of the award winning and globally rated cryptocurrency exchange company, CoinW.
From the online community efforts, CoinW Africa organized AMA sessions with renowned blockchain enterprises like Mysignalsapp, celebrated the Bitcoin PIzza Day with a trading event backed by juicy rewards, marked the Children Day Celebration in Nigeria, rewarding members with USDT bonuses and extended charity to the Living Fountain Orphanage in Lagos, Nigeria.
The region also witnessed lots of trading events and competitions which rewarded participants and winners handsomely, such as the 12,000 USDT Airdrop event organized for the community. The brand gained popularity in the African space with #coinW, becoming a trending hashtag in the Nigerian twitter space.
CoinW Resolve of 2022
The bear market set in and the red lines became thicker, traders became more anxious. Fear, uncertainty and doubt clouded the crypto atmosphere. The entire crypto market stretched its resilience a bit further and mechanisms to withstand the bear market, were set up by different crypto enterprises. ‘Go hard or go home’, became the chant of different enterprises. CoinW was never left behind as it continued to beef up its security and increased user education. CoinW Africa, had its first round table discussion themed; Survival Guide In the Bear Market, which had professional crypto investors sharing tips on safe investment , risk management, portfolio diversification and other tips to withstand the harshness of the bear market. The CoInW Africa Roundtable discussion keeps blossoming and getting support from KOLs and industry partners.
Another major milestone for CoinW African community, was the launch and activation of the CoinW Nigerian P2P Channel. Nigerian users can now use NGN to trade on CoinW, buy coins and exchange profits for fiat currency easily. To also help our users improve their trading skills, CoinW Africa also hosted different trading master classes, exposing participants to futures and spot trading, the trader’s mindset, trading plan and strategy.
As time went on, the CoinW African operation went deeper and expanded to new frontiers. Thus, more hands were needed to push the CoinW vision in the African space. Hence, the CoinW Regional Partnership Programme was launched, to onboard regional partners from different African regions and countries to join the CoinW business and benefit from the set out rewards for regional partners. Regional Partner VIP Days were also organised in different regions like in South Africa, Ghana and Nigeria, and for the first time, regional partners had a physical interaction with CoinW country representatives and Sonia Shaw, CoinW Director of Global Partnerships. It was a promising familiarization meeting and regional partners understood better, why CoinW exists and embraced its goal of becoming a blockchain unicorn that offers users the best financial services.
It is very important to mention that before the CoinW Regional Partnership Program, CoinW earlier launched the African Win-Win Ambassadors Program (ADWA), to build scalable African crypto community groups. The program was also targeted to support small and medium sized communities in building community strength and reputation. For this programme, a $50,000 fund was set up to finance the program.
The journey continued, CoinW organised a couple of offline events; a Campus Tour, Debuting in the University of Portharcourt, Nigeria, CoinW Nigerian Offline Event in the city of Ibadan, Oyo State, Nigeria, trading seminars, and an offline event in Accra Ghana and lots more. Also, the latest copy trading feature integrated into the trading platform also received a warm response from African users and encouraged more users to enter new positions and boosted trust and trading confidence amongst CoinW users.
Our journey in the African market just begun and a promising journey awaits us at CoinW Africa. Despite the challenges and limitations of the bear market and the FUD, we keep waxing strong, engaging community members and extending CoinW bespoke services to the African market. We are not shaken, our heads are up, focused on the new year and the successes to achieve.
2022 was a good year for us and we are prepared to make best use of 2023. We are up for the task!
About CoinW
Since 5 years of operation as a global cryptocurrency exchange, CoinW has maintained its standard and role as a major promoter of wealth creation through viable assets and has consistently built relationship with it users. At the meantime, CoinW, has a total of 342 coins, and 366 trading pairs, having a rich category. CoinW, has established global presence, with Dubai as its centre, 16 localized trading services and centers around the world, to serve over 8 million users worldwide. CoinW offers diverse product option including spots, futures, ETF, earnings wallet, mining pools and other innovative financial derivatives. At the meantime, CoinW supports fiat-money trades in 42 countries around the world. Established CoinW Research, CoinW Ventures, Hyper Lab and other institutions.Improving the layout of research, investment and incubation of the entire industry chain.
CoinW operates a very open and transparent system that ensures investment security. Having obtained operation licenses such as theUnited States MSB Financial License, Singapore MAS license, SVGFSA license, other certificates, and authorizations from other countries and regions, it has consistently adhered to global trading standards and practices, ensuring transparency in transactions. The Exchange heavily clamps down on unethical trading practices on its exchange platform and freezes, suspends, or permanently closes accounts found to be operating against CoinW adopted the trading practice.
Additionally, CoinW has consistently maintained a highly secured trading platform and integrated an intelligent risk control system that undergoes upgrades from time to time. This system upgrades also a smoother user experience, seamless exchange and transaction experience, stable system performance, and faster transactions which have become consistent features of CoinW Exchange.
CoinW will continue to uphold the concept of “user first”, adhering to the real and transparent operation standards, aggregate global high-quality blockchain assets, and devoting itself to building the most successful, secure and convenient crypto exchange for global users.
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