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The Glitz from the Enugu Cryptocurrency and Forex Conference 2020

The South East region in Nigeria, had a novel experience with the Enugu Cryptocurrency and Forex Conference 2020 which took place on the 1st of February 2020.

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Equipping The Nigerian Youth With Relevant Information

The University of Nigeria, Enugu Chapter, Faculty of Business Administration played host to an epoch-making blend of Cryptocurrency and Forex Conference. Teeming students and enthusiast made their way to the conference venue organized by Iam Chijamz, the Brand Ambassador for Enecuum Cryptocurrency Project.

With technology gaining momentum in Sub-Sahara Africa, Nigeria seems to top the list of trending African countries that have opened their doors to receive the change of the tide. That said, south eastern-based technology firms were a part of the enlightening process.

cryptocurrency and forex in Nigeria

In attendance were a large number of students including visitors from surrounding states such as Anambra, Imo  and Abia states. At each session, brands and representative of brands exhibited their products and services to those in attendance.

Highlights from the Events include:

  1. Introduction to Blockchain and Cryptocurrency by IamChijamz
  2. Boundless Pay Presentation by Joshua Igboegwu (Bitfxt Representative)
  3. Data Privacy and Wibsons Decentralised Data Marketplace Presentation by Victoria Ukpaka
  4. Near Protocol Ecosystem Presentation by IamChijamz
  5. Boxen Trade Academy Introduction and Forex Trading Fundamentals by Kalu Odim Alex
  6. Enecuum Mobile Mining Platform Elaboration by Iam Chijamz

Like with all meetups and gatherings, a meet and greet is usually the high point in every session and it builds relationships, strengthen bonds and forms a reliable community. All participants at the Enugu Cryptocurrency and Forex Conference 2020 got a chance to network with each other, with a splice of questions and answer segments, games and giveaway prices.

The Host University

The University of Nigeria, commonly referred to as UNN, is a federal university located in Nsukka, Enugu State, Nigeria. Founded by Nnamdi Azikiwe in 1955 and formally opened on 7 October 1960, the University of Nigeria has four campuses – Nsukka, Enugu, and Ituku-Ozalla – all located in Enugu State and Aba campus in Abia State.

The University of Nigeria was the first full-fledged indigenous and first autonomous university in Nigeria modelled upon the American educational system. It is the first land-grant university in Africa and one of the five universities in Nigeria with the highest reputation.

The university has 15 Faculties and 102 academic departments. The University offers 82 undergraduate programs and 211 postgraduate programmes. The university celebrated its 50th anniversary on October 2010.

What is CryptoCurrency?

Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to carry out financial transactions. Cryptocurrencies makes use of blockchain technology to gain decentralization, transparency, and immutability.

It is also a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the goods or services that the company provides.

Foreign Exchange Market (a.k.a. ForexFX)

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.

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Crypto Stats

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin56,470 0.33 % 1.07 % 5.74 %
Ethereum2,328.3 0.09 % 7.19 % 8.67 %
Binance Coin577.97 1.94 % 13.43 % 3.44 %
Tether1.000 0.16 % 0.06 % 0.04 %
Polkadot43.88 0.58 % 0.43 % 36.39 %
Cardano1.260 0.31 % 4.71 % 4.62 %
XRP1.380 1.09 % 4.88 % 5.49 %
Uniswap31.87 1.14 % 1.25 % 13.24 %
Litecoin263.72 0.67 % 0.49 % 7.76 %
Chainlink39.08 2.49 % 8.14 % 17.75 %