Digital Bank of Africa Price (DBA)
$0.03515553
36.80%
Digital Bank of Africa Price Chart (DBA/USD)
Last updated 22 Jun 2022, 09:12AM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 | Hotbit | DBA / USDT | $0.00492112 | 0.85% | $21,864 | |
2 | LATOKEN | DBA / USDT | $0.01378988 | 3.96% | $102 | |
3 | ProBit Global | DBA / USDT | $0.00324990 | 53.86% | $72 |
DBA Price Statistics
- Digital Bank of Africa Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $39
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
-
All-Time High
$35 -99.90%
Oct 20, 2021 -
All-Time Low
$0 27.06%
Jun 19, 2022
Digital Bank of Africa Cryptocurrency
Introduction
The Digital Bank of Africa (DBA) cryptocurrency is a revolutionary digital currency that aims to provide efficient and secure transactions in the African market. With the increasing adoption of digital currencies globally, DBA seeks to bridge the gap and offer Africans a reliable and accessible cryptocurrency.
What is DBA?
DBA is a decentralized digital currency that operates on blockchain technology. It enables individuals and businesses to make fast and cost-effective transactions across borders, eliminating the need for intermediaries such as banks.
Benefits of DBA cryptocurrency
1. Financial Inclusion: DBA aims to provide financial services to the unbanked populations in Africa. With a smartphone and internet connectivity, individuals can participate in the digital economy, access banking services, and make transactions.
2. Security: Built on a secure blockchain, DBA transactions are encrypted and transparent, preventing fraud and ensuring the integrity of transactions.
3. Cost-effective: DBA eliminates the need for intermediaries, reducing transaction costs significantly. This makes it an attractive option for remittances and cross-border transactions.
4. Speed: DBA transactions are processed quickly, ensuring that individuals and businesses can carry out transactions without delays.
5. Accessibility: DBA is designed to be user-friendly, ensuring that even individuals with limited technical knowledge can easily use the cryptocurrency for various purposes.
Use cases of DBA cryptocurrency
1. Remittances: DBA can provide a faster and cheaper option for individuals to send and receive money internationally.
2. E-commerce: With the growing popularity of online shopping, DBA can be used as a secure payment method for purchasing goods and services.
3. Investment: Individuals can invest in DBA and potentially benefit from its value appreciation over time.
4. Micropayments: DBA can facilitate microtransactions, allowing individuals to make small payments for digital content, services, or products.
Conclusion
The Digital Bank of Africa cryptocurrency is a promising development in providing Africans with accessible and reliable financial services. With its focus on financial inclusion, security, cost-effectiveness, speed, and accessibility, DBA aims to transform the digital economy in Africa. As adoption grows, the potential applications and benefits of DBA will continue to expand, creating new opportunities for individuals and businesses across the continent.