In response to the COVID-19 Economic Crisis: Paxful accelerates Bitcoin Entrepreneur Development Education in Southern Africa


To help business enterprise and employment creation openings in one of their driving markets, distributed (P2P) bitcoin commercial center, Paxful ( will offer all the more free virtual business visionary training workshops and courses to the general population, in Southern Africa, during July and August 2020.

In festivity of their fifth birthday celebration this year and to help the business drive among members, Paxful is parting with R100 000. The initial 1000 members who join any of the above workshops or courses, register a record on the Paxful stage and make their first exchange the long stretch of August, will meet all requirements for R100 in prize cash to get their bitcoin venture in progress.

Bitcoin and blockchain enthusiasts can also join the DeFi Conference 2020( taking place on 5 August 2020 where Artur Schaback, Chief Operating Officer and Co-founder of Paxful will share insights on the application of decentralised finance (DeFi) for financial inclusion and the relevant opportunities and challenges within this space.

Responding to public demand

“Notwithstanding seeing an expansion in the quantity of new clients all around on our foundation since the COVID-19 pandemic, our clients have communicated explicit enthusiasm for becoming familiar with bitcoin and crypto during this time,” says Ray Youssef, prime supporter and Chief Executive Officer of Paxful.

He adds that instruction is basic to advancing undertaking improvement in the bitcoin economy, particularly in developing markets as the world keeps on confronting cruel monetary conditions and vulnerability. “It’s likewise significant for us as a business to help steer shoppers from easy money scams, which will in general develop wherever as of now in specific corners of the bitcoin economy.”

Passionate about education and entrepreneurship

Paxful’s organization with these territorial instructive stages is demonstration of the organization’s for some time held duty to furnish first-time and existing clients with the correct data and direction on the open doors that bitcoin and blockchain presents.

“We are very eager to have the option to assist individuals with using their innovative abilities to recognize new chances and occupation prospects inside the blockchain and crypto space during these troublesome occasions. The bitcoin economy is worth billions of dollars and speaks to a noteworthy open door for African youth specifically,” finishes up Youssef.

Amidst the remarkable COVID-19 pandemic, Paxful’s magnanimous arm #BuiltWithBitcoin ( has additionally been having its influence to help weak networks. A #BuiltWithBitcoin ( Fund was propelled in June, which underpins noble cause who are handling the effect of the pandemic on underserved networks.