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Weekly Roundup: Bundle Africa Launches in Ghana, Binance Follows Suit

Weekly Roundup: Bundle Africa Launches in Ghana, Binance Follows Suit
In this week’s news roundup, you will learn about the crypto masterclass that Binance Kenya has planned, the launch of Bundle Africa in Ghana, and Binance’s acceptance of Ghanaian cedi (GHS) deposits.
Bundle Africa Launches in Ghana
Bundle Africa has launched in Ghana. That means that Ghanaians can use the Bundle app to buy and sell crypto using the cedi. Also, users can send, receive, and request cryptocurrencies.
“We are super-excited to finally bring Bundle to Ghana. I believe the country has immense potential for crypto adoption. Ghana is the right environment for Bundle to thrive,” said CEO and Founder Yele Bademosi.
The launch is part of the company’s plan to expand to other parts of Africa before the end of 2020. With the Bundle app, Ghanaians can store and trade bitcoin, ether, binance US dollars (BUSD), bitcoin cash, litecoin, chainlink, binance coin, and tron.
Furthermore, Bundle Africa recently launched a crypto savings feature for binance US dollars called Vault . The feature enables users to earn interest on BUSD holdings through two options: fixed and flexible vault .
Binance
Bundle is not the only digital asset exchange to enter the Ghanaian market. Crypto behemoth Binance also announced that is now officially in Ghana through its acceptance of deposits in cedi (GHS).
Users are now able to deposit Ghanaian Cedi (GHS) via mobile money into their Binance wallet and buy crypto, providing a new and competitive fiat gateway for Ghana.
After depositing funds to Binance, users will be able to buy BTC, BUSD, ETH, and BNB with GHS, Binance explained in an announcement.
Binance Kenya to Hold Crypto Masterclass
Binance Kenya has announced a crypto masterclass that will take place on 27 November 2020.
The online masterclass aims to teach learners the fundamentals of cryptocurrencies. If you join the Zoom webinar, you will also learn how to purchase and sell crypto using the Kenyan Shilling.
The two-hour crypto masterclass will start at 5 PM, EAT. You can sign up for the event here . The webinar is ideal for crypto beginners or anyone that wants to start trading cryptocurrencies.
Kenyan Blockchain Project Wins Chainlink Grant
The Chainlink Community Grant Program has awarded a grant to a Kenyan blockchain project. The project is a joint initiative of ACRE Africa and Etherisc . The two companies plan to create a decentralised insurance protocol that will offer blockchain-based crop insurance solutions. The project will protect up to 250,000 small scale farmers in Kenya from the impact of climate change over the next three years.
ACRE Africa CEO George Kuria said: “We are excited to be able to further our work with farmers in East Africa by receiving support through the Chainlink Community grant to help build out and implement a more reliable and cost-effective model for crop insurance with the collaboration of Etherisc.”
The grant will fund the technical and research aspects of the project. The technical aspects include developing smart contracts and a user-friendly insurance solution. On the other hand, the research aspect entails investigating the economics of crop insurance in several African regions, assessing weather patterns, and plant and soil biology.
To learn more about Bitcoin, download the Bitcoin Beginner’s Handbook for free.

The post Weekly Roundup: Bundle Africa Launches in Ghana, Binance Follows Suit appeared first on BitcoinAfrica.io .

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