- The Akoin cryptocurrency partners with the Bittrex exchange.
- Akoin is a project led by pop singer Akon.
- AKN tokens offer no transaction fees.
The Akoin cryptocurrency (AKN), created by American-Senegalese musician Akon, is now out in the crypto market. As a result, more people in Africa can now experience using and trading Akoin cryptocurrency.
Today, the AKN/USDT trades at the Bittrex exchange at an opening price of $0.1469. With this listing on Bittrex, the token can reach over 14 million people around the world.
I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow the government to do those things that are keeping them down.
Meanwhile, the Akoin cryptocurrency is also the means of payment in the soon-to-rise Akon City in Senegal. Thus, it will be a sustainable and ecotourism smart city in Senegal, Africa with a budget of $6 billion, according to Akon. Aside from Senegal, the Mwale Medical and Technology City (MMTC) now uses the Akoin cryptocurrency.
Furthermore, the principal investor of Mwale Medical and Technology City, Julius Mwale, proposed a plan in 2021. He said that the Akoin cryptocurrency is going to be the crypto used by all its employees. Hence, the mass adoption of AKN tokens is expected.
Moreover, the Akoin cryptocurrency does not have any transaction fees in its ecosystem. These transaction fees are one of the payment charges that adds a burden to the workers of Africa. Best of all, the Akoin cryptocurrency will also launch its credit card. With this, all merchants that accept Mastercard and Visa can get AKN as a mode of payment.