Binance Partners With Africa’s Video Streaming Platform ‘Showmax’

• 500 Binance users in Nigeria would get a free month of Streaming.
• The partnership has been applauded by Showmax Nigeria’s general manager.

In an effort to further crypto adoption in Africa, cryptocurrency exchange Binance has announced a partnership with video streaming provider Showmax. As per reports, 500 Binance users in Nigeria would get a free month of Streaming after signing up to actively participate in Web3. Binance’s West Africa Marketing Director Emmanuel Ebanehita commented on the exchange’s recent initiative to popularize cryptocurrency.

Emmanuel stated:

“We’re thrilled to be collaborating with Showmax to provide an incredible opportunity for our new users to be active participants in Web3. This promotion comes at a time where many Africans are eagerly embracing the underlying technology behind crypto.”

Boosting Crypto Adoption

Ebanehita further stated that the current campaign push exemplifies the crypto exchange’s dedication to providing “accessible and convenient platforms” that let consumers take part in the digital economy.

The partnership has been applauded by Showmax Nigeria’s general manager, Opeoluwa Filani, who hopes that more people will start using his company’s video streaming platform as a result.

It is further reported that in order to participate in Binance’s cryptocurrency adoption and education program, customers must first register and make a $10 transaction. Users will fill out a form to verify their involvement in the campaign.

On the other hand, users of Binance’s Futures were alerted to a problem, however, the issue only affected USD-Margined contracts. Nevertheless, the biggest cryptocurrency exchange swiftly announced that the problem had been resolved and normal operations had resumed. Minutes after the problem, Binance Futures declared that trading in USD-Margined futures had resumed in full.

According to Binance CEO CZ, the cryptocurrency exchange is experiencing problems with its user interface and application programming interface (API) due to problems with the Futures UM Rest service.

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