May 04 2021

African Migrants Turn to Cryptocurrency for Low Fee Remittance

in blog CoinIdol
original entryAfrican Migrants Turn to Cryptocurrency for Low Fee Remittance

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Due to poverty and stringent economic conditions, hundreds of able Africans seek better employment opportunities in Europe and Asia. However, the high taxes and unfavourable monetary policies of many African countries make home remittance expensive. Migrant workers from the African continent are turning to cryptocurrency to affordably send money home.

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