Trading started on 13 December when the Safcoin official exchange was launched. The price immediately went up from R77 to R90 with many joining the South African crypto.
With 86% of ICO’s never launching or even hitting 0 after launch the South African crypto looks to be heading in the right direction.
“We are very pleased with how the launch went after some sceptical mixed feelings in the market with the ICO stage. The Safcoin team has really stood tall and proved to be one of the top emerging cryptos in Africa. South Africans can now be proud of their crypto which was created by South Africans for Africa.”
“Safcoin is so much more than just a crypto. We have massive plans for the South African crypto moving into Africa, where we can connect the entire African market with each other. The future for Safcoin is to be traded across the entire African online e-commerce market and to send the crypto to each other via the Safcoin African exchange.”
“Send Safcoin from South Africa to Botswana or Mozambique and vice versa with 0 fees. Cross border money sending has always been a bulky and expensive exercise; with Safcoin we are looking at the solution to many individuals for this problem.”
The complete allrounder
Safcoin is more than just another crypto. Unlike other altcoints, the Safcoin team has done the complete all rounding performance on the crypto. It has launched an ICO for early investors, migrated ICO tokens to cryptocurrency coins, created a blockchain with mining verifying transaction and created a safcoinblockexplorer.
It has also developed an exclusive South African exchange for trading, launched their mobile app on playstore and IOS, opened two call centres for assistance, a Bitcoin wallet on the Safcoin exchange to send Bitcoin and with which to buy Safcoins, and integrated a credit/debit card payment method for international investors.
It is thus a very attractive start-up for crypto enthusiasts.
Want to join? Here’s how to buy your own Safcoin and be part of the local SA crypto
You can use the official Safcoin website https://www.safcoin.co.za to download the app or create your account.
Sign-up with your email address and password and verify the email account with the link sent to your email address.
Login and verify your cellphone number and your account details.
You can now view your wallet and deposit funds into your ZAR wallet.
You can buy your SAF crypto on instant buy or on the exchange.
Safcoin opens second call centre, East London
The call centres are there to help the not so tech-savvy individuals to also be part of the local crypto, which is only in the start-up stage.
Understanding their market and knowing what is needed to achieve this, they have opened their second call centre in East London. The first was opened in Southern Cape in September last year.
“We have been helping individuals create email accounts, join online banking for the first time in their lives, teach them about playstore and mobile apps and what cryptocurrency is about. The crypto world is still very much an unknown territory for many South Africans, yet there can be the use case of the technology for every individual, business or consumer. Safcoin will be here to help.”
Safcoin core values
For more information and to buy your Safcoins, visit www.safcoin.co.za
The Safcoin mobile wallet app and exchange can be downloaded on
Safcoin is a registered member of The Blockchain Association of Africa.