Digital Bank of Africa
DBA
Digital Bank of Africa Price, DBA Price, Live Charts and Marketcap
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Price of Digital Bank of Africa today
The live price of Digital Bank of Africa is $0.013 per (DBA / USD) today with a current market cap of $0 USD. The 24-hour trading volume is $280.1K USD. DBA to USD price is updated in real time. Digital Bank of Africa is +1.92 % in the last 24 hours. It has a circulating supply of 0.00 .
What is the highest price of DBA?
DBA has an all-time high (ATH) of $34.76, recorded on 20-10-2021.
What is the lowest price of DBA?
DBA has an all-time low (ATL) of $0.00052924, recorded on 15-08-2023.
Digital Bank of Africa market information
Digital Bank of Africa Information
The information about Digital Bank of Africa (DBA) token is:
Digital Bank of Africa (DBA) is a BEP-20 token launched on the Binance Smart Chain (BSC), created as the native cryptocurrency for DafriBank Digital Ltd., a financial technology company aiming to revolutionize banking services across Africa using blockchain technology.
The token was issued by DafriBank Digital, a division of DafriGroup PLC—a public company registered in South Africa, Nigeria, and Botswana—shortly after its establishment in Q3 2020, with the idea first conceived by Catherine Anajemba, the chief marketing officer of DafriGroup, in 2018.
DBA has a total supply of 1 quadrillion tokens (1,000,000,000,000,000), reflecting a large issuance typical of some BSC-based projects to encourage broad adoption and ecosystem participation.
The token’s utility includes facilitating transactions within the DafriBank ecosystem, such as payments, transfers, and storage, designed to offer a secure, agile, and low-cost alternative to traditional banking systems, accessible via DafriWallets and the DafriExchange trading platform.
DBA operates on BSC under the smart contract address 0x1006ea3289b833b6720aaa82746990ec77de8c36, leveraging the chain’s fast transaction speeds and low fees to support its vision of serving digital entrepreneurs and merchants without borders or high costs.
DafriBank, regulated by the Central Bank of Comoros Island and a member of the Mwali International Monetary Service Authority, positions DBA as a tool to democratize financial services, targeting the unbanked population and integrating advanced payment solutions like DeFi opportunities for token holders.
The ecosystem plans include expanding DBA’s use cases to encompass a wallet, a crypto exchange with sophisticated trading engines, and potential commercial banking services, with ambitions to replace inefficient conventional banks across Africa.
Posts on X and web sources emphasize DBA’s pioneering role as the first African bank to openly support crypto technology via its token, aiming to bridge traditional banking with blockchain-based financial inclusion, though specific governance details for DBA holders are not widely outlined.