Johannesburg, South Africa, 15th June 2023, ZEX PR WIRE, DoshFX, the disruptive straightforward crypto exchange, is shaking up the South African financial landscape and spearheading a movement toward financial inclusion and empowerment. With a mission to provide accessible digital asset solutions, DoshFX is set to transform the lives of the unbanked, emerging, and marginalized communities across the nation.
South Africa has long grappled with financial exclusion, stemming from a history of segregation and limited access to formal financial services. Despite significant progress, a considerable number of South Africans remain unbanked, hindering economic opportunities and perpetuating inequality. Recognizing this pressing need, Saud Ally, the visionary founder and CEO of eZaga Holdings, joined forces with Jeetu Kataria, renowned global fintech and blockchain evangelist, and the CEO of Digital Financial Exchange-DIFX, a leading global multi-asset trading platform, to launch DoshFX, a truly South African-centric digital assets exchange.
Digital assets have gained remarkable traction in Africa, and South Africa stands at the forefront of this growing trend. With over 1.5 million cryptocurrency users, South Africa boasts the highest number of digital asset enthusiasts on the continent. The adoption of digital assets is driven by factors such as increased internet accessibility, a thriving mobile phone market, and the rising popularity of cryptocurrencies in the region. The recent volatility faced by the South African Rand due to the ongoing gloomy outlook of economic data, worsening load shedding and political environment has also showcased the imminent need for the availability and accessibility of alternative assets.
This is why, DoshFX’s emergence is a response to the growing demand for secure and regulated digital asset exchange systems needed in an environment where so many unregulated and questionable characters operate. Understanding the importance of both financial security and regulatory compliance, eZaga and Digital Financial Exchange-DIFX have collaborated to create a user-friendly, reliable, and secure platform that combines the best of traditional banking security with the revolutionary spirit of cryptocurrencies.
“We are dedicated to bringing straightforward crypto solutions right to the doorsteps of those who need it most,” says Saud Ally, founder and CEO of eZaga Holdings. “DoshFX is not just a crypto exchange; it is a catalyst for change and advancement, enabling South Africans to chart their financial destinies.”
The launch of DoshFX marks a significant milestone in the quest for financial inclusivity. By leveraging the power of digital assets, DoshFX empowers South Africans to store value, make secure international payments, and overcome the limitations imposed by traditional financial institutions. Adding on to the mission of financial inclusivity, one of the core values of DoshFX is education. The platform is committed to providing comprehensive education to the South African community, particularly those who can benefit the most from alternative financial systems. By equipping the unbanked, marginalized, yet highly eager-to-learn members of society with knowledge about cryptocurrencies and digital assets, DoshFX aims to foster economic empowerment and financial freedom for individuals, families, and communities.
As DoshFX sets its sights on reshaping the financial landscape, South Africans can now embrace the world of digital assets with confidence and most importantly through a regulated entity. To learn more about DoshFX and join the movement toward financial empowerment, visit www.doshfx.io
DoshFX is a first-of-its-kind regulated authorized Financial Services Provider offering crypto services in South Africa. With a mission to make cryptocurrencies easily accessible for all, through its fast, secure, and legal crypto exchange services. DoshFX is an authorized Juristic representative of eZaga FX an authorized financial services provider. FSP No. 44133. Investing in cryptocurrency may result in a loss of capital as the value may fluctuate. Ts&Cs apply
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No The Money Circles journalist was involved in the writing and production of this article.