• About
  • Advertise
  • Careers
  • Contact Us
Friday, June 27, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Economy Digital Assets

What Binance is Doing in Cameroon

by Yinka Okeowo
May 4, 2022
in Digital Assets
0
UBA
Advertisements

Binance was visibly present during the African Cup of Nations (AFCON 2021) hosted by Cameroon three months back. Post AFCON, Binance is doing something to help the locals.

Binance as a leading sponsor of CAF AFCON 2021 in Cameroon
Advertisements
MTN ADS
| Binance as a leading sponsor of CAF AFCON 2021 in Cameroon

Several Africans continue to live in poverty with minimal access to financial opportunities, quality education or good jobs.

Now, the world’s largest cryptocurrency exchange and blockchain ecosystem, has taken its efforts to Cameroon and Francophone Africa at large to bridge this gap – as it enables greater financial accessibility for Africans, provides blockchain education as well as guidance on acquiring new skills and avoiding scams in the financial world.

Here are some of the steps Binance has taken to equip French-speaking Africans:

1. Education

Binance is committed to equipping crypto beginners with resources for lifelong financial and career development.

The company has hosted multiple events to educate enthusiasts about the opportunities within the crypto space and how to make a living from these. Binance is unwavering in ensuring that crypto enthusiasts are well equipped with all the right information and do not fall prey to bad actors or scams.

Since the launch of the Binance Masterclass Education Series, Binance has educated over 541,000 Africans about cryptocurrency. Some of these events have been held both offline and online for French-speaking Africans.

Séverin Kouam, one of the attendees at the Binance event in Yaounde, Cameroon which was hosted on December 4, 2021 said: “I entered the cryptocurrency field by chance six months ago on the advice of a friend. But until now, I still didn’t master the workings of this technology. So this training is very welcome since it allows me to better understand how it works, the benefits but most importantly the risks involved in cryptocurrency so that I don’t get fooled while investing my money.”

Binance also recently hosted its first offline meetup event in Cote D’Ivoire and launched a Crypto Academy, a monthly training program across 4 countries: Benin, Cameroon, Ivory Coast and Togo for a start.

This academy is in collaboration with 7 partners as Binance regularly collaborates with local businesses to train and support Africans, as well as empower businesses.

2. Provision of Financial Opportunities

Through regular skills training and the services provided, Binance is creating new job opportunities for Cameroonians – and many are being brought out of poverty and learning new skills in order to remain employable globally.

Binance constantly shows Africans the multitude of career options available in the crypto and blockchain space by hosting bootcamps and hackathons where students get to work on real-time projects where they apply the skills they have gained.

Some of these students have gone on to become employed in the workforce, build their own companies, start crypto trading and so much more.

Binance gives Africans the opportunity to gain meaningful employment, thereby enabling them to be self-reliant and possibly employers of labour.

Binance has also provided career and income opportunities right from its platform. For example, users who signed up and were accepted for Binance P2P Merchant Program are now able to provide liquidity for buyers or sellers on the platform, thereby making a living from the comfort of their homes. Merchants complete multiple trades per day and make profits on each trade.

Binance P2P is a safe platform to conduct crypto trades with a robust security framework to ensure users enjoy a safe and secure crypto experience.

One of the Binance P2P Merchants, *George said: “I decided to become a Binance P2P merchant after reading up on their mode of operations. I saw how much safer it was when my first trade on the platform was so smooth and fast.” 

How Binance Is Providing Financial Opportunities To Cameroonians
| … Providing Financial Opportunities To Cameroonians

He added, “I have been able to add a car to my garage, and eventually, I’ll be able to get an even better car — all thanks to Binance.”

3. Ensuring Security & User Protection

Binance’s top priority is user safety, as is evident from all their activities and interaction with the community.

Across the board, Binance regularly puts protective measures in place to protect its users and ensure that fraudulent activity is prevented. 

Protection mechanisms such as KYC, anti-money laundering measures and account restrictions have been put in place to ensure that users are protected from scams.

This is also why Binance was one of the first cryptocurrency exchanges to introduce a secure fund (SAFU) to safeguard users in extreme cases and constantly educates its users on safety and security.

The company also regularly implements new features to keep users safe. On Binance P2P, there are security updates, verified merchants and user security initiatives.

Loading

Author

  • Yinka Okeowo
    Yinka Okeowo

    View all posts
0Shares
Tags: BinanceBinance CameroonBinance Masterclass Education Series
Yinka Okeowo

Yinka Okeowo

Next Post

HAVAÍC Completes Final Close of the HAVAÍC Universum Core African Fund

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Airtel Africa 4G smartphone l;aunch in Rwanda

Airtel Africa Launches affordable 4G smartphone in Rwanda

2 years ago
Farouk Gumel TGI Group

TGI Group’s Gumel: How Manufacturers Can Adapt to Rising Costs Without Compromising Quality

2 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.