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Nairametrics
Home Companies Corporate Updates

T.E Markets Ltd set to launch its cryptocurrency and a consolidated exchange

NM Partners by NM Partners
June 30, 2021
in Corporate Updates
T.E Markets Ltd set to launch its cryptocurrency and a consolidated exchange
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T.E Markets Limited has launched its own cryptocurrency; XTEMCoin with presale starting on Monday 28th, June on their website, www.tem-coin.com.

T.E Markets Ltd is a Holding Company registered in Seychelles with running projects in South Africa, Zimbabwe, Zambia, Nigeria, Kenya, the Democratic Republic of Congo, United States of America and soon in Ghana. The conglomerate is an African multifaceted organization, primarily focused on re-writing the African story.

Why invest in TemCoin?

According to the founder of the coin, Ian Mvula, “Unlike other coins, XTEMCoin is not just going to be a naked cryptocurrency but rather will have real intrinsic value as it will be synthetically indexed to defined commodities exchanges, Indices, Stocks, Forex Cryptocurrencies and also enjoy the full credit and might of T.E Markets Limited and its various projects.

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Ian further went on to say that XTEMCoin has taken cognizance of criticism that’s often labeled against other cryptocurrencies; this is the criticism about lacking fundamentals. In respect to that, TE Markets Limited is building the first African Consolidated Exchange where almost all tradable instruments across major assets classes including African commodities will be traded and XTEMCoin will be the backbone of the exchange. It will be the common means of exchange on the platform.

“This is a major fundamental as the synthetic link for the XTEMCoin currency provides it with a much better source of intrinsic value than even fiat currencies,” he said.

How does it work?

T.E Markets’ first goal is to leverage on disruptive technology to solve the problem not currently offered by other players in the African market.

Being an active player for over 21 years in the financial and more recently, crypto markets. Ian Mvula the CEO of TE Markets says he realized there is no one-stop-shop for trading agricultural commodities, especially those of African origin, Stocks, Indices, Forex and Cryptocurrencies. In a bid to bridge this gap, he and fellow business partners are coming up with Africa’s first Consolidated Exchange that will be synthetically indexed to almost all tradable instruments including African commodities.

XTEMCoin’s White paper (https://bit.ly/3qsazhe) is up in the website and asserts that the coin will be listed in major crypto exchanges during the public sale which is set to commence on 1st September 2021.

As his parting shot, Ian Mvula said that T.E Markets is re-writing the African story and went ahead to ask the public to take a chance with them and participate in the XTEMCoin’s private and public sales.

You can also click the link below to join their telegram community if you have any complaints.

Telegram Channel: https://cutt.ly/Imo4xuT

Tags: CryptocurrencyT.E Markets LtdTemCoin
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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Comments 3

  1. Mina says:
    June 30, 2021 at 3:57 pm

    I’d love to be a pre-sale buyer only if the coin will do well on the long run.

    I believe Cryptocurrency has come to stay and it’s the future.

    Reply
  2. Mario says:
    July 2, 2021 at 5:57 pm

    Very promising project, good luck!

    Reply
  3. Ibe Oladapo Chinaedum says:
    September 7, 2021 at 10:33 am

    This is a welcome development for Africans and in Africa. To rewrite the story of Africa by an African is the best story ever. Lets tell the world our story by ourselves. We know our story better than they do.
    Xtemcoin to the moon.

    Reply

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