Bitcoin exchange africa

Select the user you want to trade with. Enter the amount of BTC you want to purchase and also the wallet address you will like the crypto to be sent to. Once you agree on terms of trade, wait for the seller to fund escrow. Make payment to the seller. Once the seller has confirmed payment you will receive the bitcoin in your wallet. Bitzlato Bitzlato is an innovative P2P cryptocurrency exchange platform and one of the largest P2P exchanges in the world. Users can buy cryptocurrency using more than different payment methods.

Confirm your account registration via the confirmation email. Select cryptocurrency, your currency, and your payment method. Once the trade is completed, you receive cryptocurrency in your Bitzlato wallet. Coindirect Coindirect is a new cryptocurrency trading platform that is currently available in 24 countries including Kenya, Nigeria, and South Africa.

In addition, the peer-to-peer exchange offers Escrow-protected transactions with transparent fees. How to buy bitcoin on Coindirect: Open coindirect. Create an account by signing up for free. You will also need to fill out your personal details.

For cash withdrawals, add a bank account. You will also need to add a payment method for peer-to-peer payments. Click on wallets to buy or receive BTC. You can also access the convert, send, and sell options under this tab. Select the peer to peer option at the top of the page to start trading. LocalBitcoins LocalBitcoins is the most popular peer-to-peer bitcoin exchange in the world. It allows users to securely buy and sell BTC. The platform is available in every African country where users are willing to buy and sell the digital currency.

LocalBitcoins also supports a wide range of payment platforms including mobile money transfers such as M-Pesa, which makes it a popular exchange for African bitcoin investors. Traders with a high feedback score and level of trust are likely to conduct more trades on the platform. To buy bitcoin on this platform, follow the following steps: Visit localbitcoins. Once you have created an account, the site will prompt you to verify your email address.

You will also be required to verify your phone number, identity, and real name in order to trade. In addition, you will need to increase the security level of your account by activating two-factor authentication. Once you have completed these steps, choose your country and desired payment method to see what offers there are. When you have found an offer that suits your investment needs, click on it, send the amount to the seller and wait for the BTC to arrive in your wallet.

Since the money will be in escrow, your funds will be safe. Having said that, it is best to trade only with reputable traders on the platform for added safety. On the platform, users can buy bitcoin, ethereum, litecoin, and ripple. Also, Luno offers a learning portal where users can learn about cryptocurrencies.

The cryptocurrency exchange allows users to make payments in their local currencies. Note that payment methods could differ from country to country. Many regulators share those concerns, and other critics say that anonymised transfers using crypto are a perfect tool for traffickers and money laundering.

India effectively outlawed crypto transactions in , only for the country's top court to strike down the ban two years later. China's central bank in September declared all financial transactions involving cryptocurrencies to be illegal. Huge swings in bitcoin's price make it risky as a store of value and long transaction processing times make it impractical for small purchases. However, there is also acknowledgement of the usefulness of digital currencies as a flexible monetary tool.

Major central banks are looking at the possibility of setting up a virtual currency in a regulated environment. Troubled country The CAR has experienced few moments of peace since it gained independence from France in , and ranks out of countries in the UN's Human Development Index, a benchmark of prosperity.

In , the country plunged into a civil war that developed largely along sectarian lines. The conflict eased after France intervened militarily and elections were held that were won by Touadera, although for years armed groups held sway over most of the CAR's territory.

In , a coalition of rebels advanced on the capital Bangui, threatening to overturn Touadera as new elections loomed. Russia dispatched paramilitaries to help repel the threat and then recover much of the rebel-held territory.

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Once you agree on terms of trade, wait for the seller to fund escrow. Make payment to the seller. Once the seller has confirmed payment you will receive the bitcoin in your wallet. Bitzlato Bitzlato is an innovative P2P cryptocurrency exchange platform and one of the largest P2P exchanges in the world. Users can buy cryptocurrency using more than different payment methods. Confirm your account registration via the confirmation email.

Select cryptocurrency, your currency, and your payment method. Once the trade is completed, you receive cryptocurrency in your Bitzlato wallet. Coindirect Coindirect is a new cryptocurrency trading platform that is currently available in 24 countries including Kenya, Nigeria, and South Africa.

In addition, the peer-to-peer exchange offers Escrow-protected transactions with transparent fees. How to buy bitcoin on Coindirect: Open coindirect. Create an account by signing up for free. You will also need to fill out your personal details. For cash withdrawals, add a bank account. You will also need to add a payment method for peer-to-peer payments. Click on wallets to buy or receive BTC.

You can also access the convert, send, and sell options under this tab. Select the peer to peer option at the top of the page to start trading. LocalBitcoins LocalBitcoins is the most popular peer-to-peer bitcoin exchange in the world. It allows users to securely buy and sell BTC.

The platform is available in every African country where users are willing to buy and sell the digital currency. LocalBitcoins also supports a wide range of payment platforms including mobile money transfers such as M-Pesa, which makes it a popular exchange for African bitcoin investors.

Traders with a high feedback score and level of trust are likely to conduct more trades on the platform. To buy bitcoin on this platform, follow the following steps: Visit localbitcoins. Once you have created an account, the site will prompt you to verify your email address.

You will also be required to verify your phone number, identity, and real name in order to trade. In addition, you will need to increase the security level of your account by activating two-factor authentication. Once you have completed these steps, choose your country and desired payment method to see what offers there are. When you have found an offer that suits your investment needs, click on it, send the amount to the seller and wait for the BTC to arrive in your wallet. Since the money will be in escrow, your funds will be safe.

Having said that, it is best to trade only with reputable traders on the platform for added safety. On the platform, users can buy bitcoin, ethereum, litecoin, and ripple. Also, Luno offers a learning portal where users can learn about cryptocurrencies.

The cryptocurrency exchange allows users to make payments in their local currencies. Note that payment methods could differ from country to country. To purchase bitcoin on Luno, follow the steps below. You can store it there or transfer it to another wallet. This can be determined by their local bitcoin trading volumes, the number of startups located in the region as well as community activity such as meetups and conferences.

Furthermore, there are more and more cryptocurrency-based startups emerging across the continent and notable bitcoin communities have also emerged in countries such as Zimbabwe and Botswana. Ghana Bitland Blockchain-based Land Title Registry Bitland is a startup that aims to allow individuals and organizations to survey land and record deeds onto the Bitshares blockchain.

As the pilot project is working out of Kumasi, Ghana, the team is looking to expand their reach further into the African continent. As the company grows, they look to build infrastructure in developing countries to potentially unlock billions of dollars in untapped property rights.

This greatly reduces the cost of bitcoin remittances as the BTC can easily and cheaply be turned into local mobile money. Dream Bitcoin Foundation Non-Profit Bitcoin Awareness The mission of the Dream Bitcoin Foundation is to facilitate greater usage and acceptance of cryptocurrencies as an alternative form of payment by providing an online cryptocurrency exchange platform and merchant solutions.

Dream Bitcoin Foundation will be raising funds for projects that will build a bright future for the country by bringing together all young, ambitious and self-determining entrepreneurs and enabling them to achieve their dreams, without the need for government assistance. PayPlux Virtual Currency Exchange PayPlux is an e-money exchange that allows users in Ghana to purchase various digital currencies such as bitcoin, litecoin, and ether using various payment methods.

PayPlux is dedicated to becoming the industry leader in e-Currencies, payment solutions and related services for companies and individuals in Ghana and Nigeria. It devotes itself to providing stable, efficient and reliable professional service for international and local customers. Token Media Digital Marketing for Blockchain Startups Token Media is a cryptocurrency marketing company that was founded by Elisha Owusu Akyaw in with the aim of assisting new and existing blockchain projects with reaching their target audience using global best practice marketing solutions.

It is run by Kenyan bitcoin pioneer John Karanja who founded the company in December The company provides analytical, development, maintenance and support services for organizations interested in deploying blockchain solutions. BitHub also trains and hosts blockchain developers at the hub in Nairobi creating the best pool of expertise in this area across the African continent.

The goal of BitPesa is to allow businesses to send payments to and from Kenya, Nigeria, Uganda, and Tanzania at a low cost through leveraging bitcoin and the blockchain. Bitsoko Mobile Wallet Bitsoko is an Android mobile wallet that implements blockchain technology in a bid to both remove the cost of transferring money between two individuals and to increase access to payment services. BitSoko aims to integrate blockchain technology into current mobile money platforms in Africa and, thereby, allowing funds to be sent from the developed world through bitcoin to be received as mobile money.

Nigeria Cryptogene Blockchain Education and Solutions Cryptogene is a Nigeria-based startup that was founded in to build a hub to bring blockchain technology to the mainstream in Africa through education and the development of blockchain tools for individuals as well as businesses. Cryptographic Development Initiative Nigeria Blockchain Advocacy Group The Cryptographic Development Initiative in Nigeria CDIN is a non-governmental organisation that encourages the learning and practice of cryptography amongst relevant stakeholders from both the public and private sectors.

The CDIN organised the Nigerian Blockchain Alliance Conference in to bring cryptocurrency experts and government officials together to discuss the opportunities that cryptocurrencies and blockchain technology bring to Nigeria. Kobocoin Payments Kobocoin is a London-based digital currency and payment system similar to bitcoin but with an African heritage.

Kobocoin was launched by Nigerian developer and entreprenuer Felix Onyemechi Ugoji with the aim to facilitate remittances into Africa by delivering a fast and low-cost way of transferring money globally. The startup is leveraging its merchant network in Kenya, Rwanda, and Nigeria together with international partners to enable Africans to send e-vouchers that are redeemable for goods and services at pre-approved merchants.