Press Release

Paxful launches wallet app In conjunction with Africa education tour

The Bitcoin marketplace pledges to continue aiding the growth of entrepreneurship in emerging markets by giving away bitcoin to those who download the wallet app

22nd May 2019 — Paxful (, a peer-to-peer Bitcoin marketplace, has announced a series of educational workshops throughout Africa in 2019 in conjunction with the official launch of their wallet app. They have also pledged to continue aiding the growth of entrepreneurship in emerging markets by giving away bitcoin to those who attend the workshop and download the wallet app.

Through interactions with customers, Paxful has gained valuable insights into how con sumers are evolving their use of digital currencies, with bitcoin becoming more mainstream in everyday lifestyle and business transactions, rather than for investment or speculative trading. Based on these insights, Paxful determined that it should launch a wallet app to make buying, selling, and storing bitcoin easier. The app will work seamlessly in connection with the Paxful website, providing secure storage to all customers. It is available for Android and iOS devices.

To increase access to the Bitcoin economy for many more youths on the African continent, Paxful is also launching a series of educational workshops across Africa in 2019. This education initiative will kick off in South Africa and Kenya in May, with Nigeria and Ghana to follow later on in the year. The workshops will cover the very basics about Bitcoin for novices and also further expand on innovative use cases and business applications observed around the world for more experienced attendees.

“As a values-driven company, we want to make the Bitcoin economy accessible for everyone, especially the underbanked. To this end, we would like to reach as many young people as possible to help them understand the digital currency market and transact safely and with confidence. Our aim is to continue to partner with customers and other key stakeholders to ensure they are well informed about the opportunities presented by peer-to-peer finance,” states Ray Youssef, CEO, and Co-founder of Paxful.

The first leg of the tour kicks off on 13th May. The Bitcoin-curious and experts alike can catch the team on the following dates:



Wits University

Date: 13th May 2019

Time: 6:00 pm – 9:00 pm

Venue:  Wits Clubhouse, West Campus


Date:  15th May 2019

Time:  5:00 pm – 8:00 pm

Venue:  The New Lecture Hall, Upper Campus

Stellenbosch University

Date: 17th May 2019

Time: 4:00 pm – 7:00 pm

Venue:  VV Hall, 1st

 Floor, The Neelsie


Date: 23rd May 2019

Time: 10:00 am – 12:00 nn

Venue: Nairobi Cinema

For students from Nairobi University, Kenyatta University, Jomo Kenyatta University of Agriculture and Technology, Catholic University of East Africa, Strathmore University, Multimedia University, Zetech University, Technical University of Kenya, and Kenya Methodist University.

Press release disclaimer: This is a paid press release. Coin Rivet recommends readers to undertake their own research on the company. Coin Rivet does not endorse and is not liable for any content or products on this page.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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