Seun Dania, Co-Founder of Tradefada, in an exclusive conversation with The Wealth Today, shares his views on the current cryptocurrency landscape and its future outlook for the African and global capital market.
Q. How do you see the current crypto landscape?
The current crypto landscape is constantly expanding in popularity with growing interest and mass adoption. Constant evolution and refinement of the new trends in the blockchain technology space; from Defi to NFT, to ZKP, etc. ensure that this is here to stay.
Q. What specific issue does your organization seek to address?
We look to simplify the ability for users to buy and sell crypto in Africa. Our vision is to make cryptocurrency trading mainstream across all of Africa. We are working on it by providing deep liquidity, low trading fees, fast and secure services. We seek to safeguard customer funds by providing access to only carefully selected cryptocurrenciesAbility to hedge volatile currencies against stablecoins
Q. How do you do things differently as a business?
We ensure we manage our customers by providing various communications channels (Phone, email, chat, social media, etc.) As an exchange, we only list the most tested and trusted projects with proven track records in order to protect our users from scam projects. We provide bot-friendly APIs for partners and pro traders. We’re safe and secure with advanced encryption technology and cold storage wallets to give their users peace of mind. There is a guaranteed uptime of the exchange regardless of market fluctuations. We’re also establishing partnerships across other industries to increase cryptocurrency adoption and uses.
Q. Who is your service for and what would be your message to them?
Our services are for both newbies and professional traders. Our message to them is to signup, download our apps, and trade on the most secure and responsive trading exchange.
Q. How do you suggest people safeguard themselves against the risks which crypto brings with it?
People can safeguard themselves by having a clear understanding of investments, creating a plan, and sticking to it. Users should not always follow the media and hypes
Q. How do you see the landscape of crypto developing in the future?
In the nearest future, cryptocurrencies and the underlying blockchain technology will become mainstream and accepted in all facets of life and industries. More products and services would be developed to ease up cryptocurrency use across the globe. It’s just a matter of time.
We would also experience huge growth in new DeFi products and services. For trust, we will have more countries develop CBDCs, and private blockchains coming up to provide B2B use cases across several industries. I see about ¼ of the world’s money going into cryptocurrencies within the next 2 years. It is the future of capital markets.
Tradefada is a One-Stop Cryptocurrency exchange that combines the reliability and swiftness of a web-based exchange with the convenience and portability of an app. Tradefada offers the ability to buy into the crypto market through various local currencies and trade on over 100 pairs of the top and most reliable cryptocurrencies. Founded by a duo of experienced digital currency traders with a vision to see Africa benefit immensely and achieve economic freedom by leveraging on cryptocurrencies, Tradefada provides solutions to all cryptocurrency trader’s needs.