Zimbabwe’s Golix Battles To Grow Volume After Breaking Into Seven African Countries


Emerging Markets

Zimbabwean cryptocurrency exchange, Golix, is now active in seven countries across Africa, but it may be sometime before everyone buys into the project. Volume is still very low amid what looks like close competition between old and new exchanges fighting for a small, elite, but steadily growing market. A lack of market markers – those wealthy individuals or companies that can swing markets if it makes them a profit – seems to be the biggest challenge, however.

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