Exchanges & Wallets
Golix is a cryptocurrency exchange. Unlike other exchanges that are primarily designed for day traders, Golix differentiates itself as an outfit focused on the African market and its challenges.
GOLIX adresses three of the major challenges faced in Africa - the obstacles with remittances, difficulties in clearing international payments from any African country, and a shortage of cryptocurrencies and their supporting facilities. An exchange has been active in Zimbabwe since 2015 and GOLIX has since then expanded to Kenya, South Africa and Uganda. The GOLIX token (GLX) will be issued to provide users on these exchanges with an additional means of value transfer between fiat and cryptocurrencies. 50% of GOLIX tokens issued will be bought back using 20% of GOLIX's quartetly gross revenue.
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