Wednesday, May 25, 2022

Binance trains 350,000 Crypto Beginners drawn from Kenya and across Africa

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Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has announced that over 350,000 Crypto Beginners drawn from Kenya and across Africa, have gone through the company’s free crypto education classes to Africans, on topics ranging from user protection to building careers in blockchain.

The company said the training to Crypto Beginners beginners in the Africa continent is part of Binance’s mission to increase the freedom of money for users, drive blockchain adoption and enable greater accessibility through its dedication to crypto education globally.

“Blockchain education is at the heart of our focus in the global market. As a blockchain infrastructure provider, we are committed to ensuring that more and more people have access to the right information about the workings of the ecosystem. Africa is a very important market for Binance because we see the profound opportunity blockchain brings to the entire continent,” said Emmanuel Babalola, Director at Binance Africa.

The training are delivered through Binance Academy, a one-stop guide to all things crypto, and ongoing free crypto education classes in Africa, where crypto interest & adoption continue to increase, Binance remains at the forefront of blockchain education, equipping crypto beginners with resources for lifelong financial and career development.

In January 2020, the company also introduced Binance Masterclass, which has now provided free crypto education to over 400,000 Africans. Due to many crypto beginners often being victims of crypto scams from bad actors, the free webinars were primarily targeted at helping users understand the fundamentals of cryptocurrencies, how to identify scams and keep their crypto safe as they get started on their crypto journey.

As the global pandemic surfaced and many individuals lost jobs, lost income and were forced to stay home, the classes also focused on teaching new skills such as crypto trading and careers in blockchain development.

By the end of 2020, over 70,000 Africans were educated in the first year of the launch of the Masterclass. Binance has since doubled down on its efforts, providing education resources to over 177,000 Africans in Q1 2021 and over 179,500 in Q2 2021- creating the education infrastructure Africans need to be financially free and informed.

In addition to training newbies and enthusiasts, Binance is also dedicated to blockchain developers and equipping them with tools and skills required to build solutions and emerge as exceptional blockchain talent. In Q1 2021, Binance trained over 1000 blockchain developers in Africa and allocated a $1million fund for African developers.

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