6X Growth in a Bear Market. How Did Obiex Do It?

Obiex
Obiex

The global cryptocurrency market has grown exponentially over the last few years. As more and more businesses accept these digital currencies as means of payment, there has been a large-scale demand for crypto in the financial market, further fuelling its growth. No wonder entrepreneurs and investors worldwide are taking every opportunity to explore this lucrative market and multiply their wealth. Unfortunately, people in many less-developed countries are still not aware of this incredible opportunity to become financially stable. Obiex, a crypto exchange platform, is closing the gap by offering a safe gateway for Africans to connect with the global financial market.

Obiex was founded only a few years ago. Since then, the platform has been growing consistently. Starting from $2.5 million in transaction volume, the company scaled up to over $200 million in just 7 months, supporting over 16K Africans along the way. The growth of Obiex during the last couple of years has been remarkable, especially when the sudden outbreak of the pandemic became a huge setback for the global financial market, and the crypto space was experiencing a bear market situation. In such difficult times, Obiex closed 2021 with a transaction volume of $600 million, which grew to $3.6 billion by the end of 2022. Besides the 600 per cent growth in transaction volume, Obiex also earned an impressive 200 per cent growth in the user base, which scaled up to 30K by 2022.

Ikechukwu Okeke, the founder and currently the CEO of Obiex, is a crypto expert passionate about helping every African become financially stable. Growing up in Nigeria, Ikechukwu experienced many hardships due to the country's backward economy. That's when he decided to take charge of his life and started learning about finance. The turning point came when his friends introduced him to crypto, which they were already utilizing to improve their financial position. Ikechukwu quickly realised that this could be a game-changer not only for himself or his family but for every African who dreams of living a financially secure life. This realization laid the foundation for Obiex.

Ikechukwu Okeke
Ikechukwu Okeke

Obiex was launched to help everyday Africans financially access the rest of the world. The crypto exchange is designed from the ground up to leverage the power of blockchain to grow their finances. People can buy and sell worry-free on Obiex and grow their businesses on this platform. Currently, Obiex serves up to 54,000 users with a transaction volume of over $4.2 Billion. The platform's incredible growth in record time explains how it has become a trusted and user-friendly crypto exchange among Africans.

Besides helping Africans become financially independent by connecting them to the global digital financial market, Ikechukwu is also using Obiex to give back to the community. The company donated $2K to the ChessinSlums Initiative project focused on using chess to take kids off the street. It is a nonprofit organization working to help children in African slum communities realize their full potential by integrating principles of chess to enhance abstract thinking, creativity, and innovation.

Ikechukwu has plans to support the length and breadth of Sub-Saharan Africa with Obiex. He wants to expand Obiex in the coming years so every African can connect to the global economy and improve their financial situation.

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