Seun Dania is a Chief Executive Officer at Tradefada Global, Africa’s leading cryptocurrency exchange agency, headquartered at Ajah, Lagos. Incepted in 2018, this Blockchain company offers easy crypto-to-crypto spot trades across 100+ cryptocurrencies, and trading pairs. Recently, MobileAppDaily got an opportunity to interview Seun Dania who shared insights about the future of cryptocurrency and upcoming plans with Blockchain. With the vision of making Tradefada a global cryptocurrency brand, Seun believes, “ The ability to trade effectively is in the palms of your hands”. Let’s join the interview to get more astounding information with this amazing human!
Tradefada is a one-stop cryptocurrency exchange that combines the reliability and swiftness of a web-based exchange with the convenience and portability of an app. Tradefada offers the ability to buy into the crypto market through various local currencies and trade on over 100 pairs of the top and most reliable cryptocurrencies. Founded by a duo of experienced digital currency traders with a vision to see Africa benefit immensely and achieve economic freedom by leveraging on cryptocurrencies, Tradefada provides solutions to all cryptocurrency trader’s needs.
As the Chief Executive Officer of Tradefada, my responsibilities are towards developing high-quality business strategies and plans ensuring their alignment with short-term and long-term objectives.
Overseeing all operations and business activities to ensure they produce the desired results and are consistent with the overall strategy and mission.
During my first 100 days as the CEO, I developed the organization's roadmap and business plans. Then went ahead to seek alliances with existing software development organizations in order to hit the ground running.
My blockchain journey: I had learned about digital currencies in the early 2000s when E-gold emerged and had since followed through with other centralized currencies which were either abused or shut down by governments. After the introduction of the bitcoin whitepaper, my interests grew which made me explore avenues to participate in and add value to the ecosystem. While being the only verified reseller of ledger hardware wallets in Nigeria, I looked for other means to safely participate. Mining wasn’t an option due to the power challenges in the African region, hence the move towards a cryptocurrency exchange. I initially birthed 234exchange, a fiat-to-crypto brokerage, and later formed alliances with the Tradefada team.
Africa is witnessing the mass adoption of cryptocurrencies and blockchain technology. I see blockchain as a means to solve a lot of the problems we have in Africa due to its transparent nature and reduced need for heavy infrastructure. I see Africa as the center for new tech adoption.
Customers usually have issues around understanding the fundamentals of blockchain, ease of use. As we are still in the early adoption stages, there's so much technical jargon flying around, it's upon us as players in the industry to provide easy integration and applications across various sectors.
The selling point for blockchain is its decentralized nature, and as such large corporations centralizing the applications may not be sustainable. As we are seeing more development in the Defi space, the competition for market share would be between centralized and decentralized.
The Ethereum platform because of its maturity, smart contracts, cross-industry platform, and community strength, and depth of development tools available makes it the go-to choice for me.
With Bitcoin, the issues have always been the high fees and huge dependence on computing resources.
"The value of achievement lies in the achieving"
- Albert Einstein
Cut to the
chase content that’s credible, insightful & actionable.
Get the latest mashup of the App Industry Exclusively Inboxed