Over 80% of the African users of Minplex are said to be interested in buying goods with stubborn cryptocurrencies - Defi
Over 80% of the African users of Minplex are said to be interested in buying goods with stubborn cryptocurrencies - Defi
zero-fee alternative
According to a current study, over 80 % of African users have participated in the Commodity Staking program since its introduction as a new product on the Mineplex Marketplace. This number is by far that of the user in Asia (23%), Europe (14%) and the USA (9%) in the shadows that find the stake in raw materials interesting.
As noted in a study report that was exclusively shared with Bitcoin.com News, Minplex Banking said that this raw material staking option serves as a free alternative to conventional loans and gives users the opportunity to buy products that they cannot afford immediately.
The report explained the clear preference of African users for cryptocurrencies inserted and suggested that this could be based on changing tastes and preferences.
"The high interest of African users in the new financial instrument can be based on the need to change the system of access to consumer goods and their purchases for cryptocurrencies for residents of African countries," says the report.
To illustrate this point, the South Africa report-which according to A target = "
flexible conditions
it means that South Africans not only receive loans from traditional financial institutions that have rigid debt repayment systems, but also from microfinance organizations that act as online shops and marketplaces. In contrast to banks, these online shops and marketplaces offer consumers flexible payment terms and are therefore popular with South Africans.
Similarly,African users who are ready to use new tools can buy electronics and devices for only 10 % of their price, according to the report. According to the report, the remaining amount for the purchase is obtained by dilating the available capital. The goods are delivered at the end of the staking period.
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