Top 5 Cryptocurrencies Buying And Selling In Africa

By Author: Caloe Decker
Total Articles: 2
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Cryptocurrency, often referred to simply as cryptocurrencies or cryptocurrencies, is any type of digital or virtual currency that uses encryption to protect transactions. Cryptocurrencies operate without a central issuer or regulatory authority, instead relying on a decentralized system to track transactions and create new entities.

There are many cryptocurrency exchanges to choose from, but with the rise of cryptocurrency scammers, you must know which one to choose.

Topit
TopIt is a fintech startup on a mission to create a new financial ecosystem for the African continent. We are on a mission to ensure that Africans remain economically connected to each other. The blockchain-powered financial services platform makes it easy for individuals and businesses across Africa to buy and sell cryptocurrencies. We believe that the next generation of finance is borderless, efficient, open source, decentralized, without middlemen and gatekeepers, and with no hidden fees. Topit is one of the pioneers of a better financial system, striving to make financial services accessible to all across Africa. This enables them ...
... to buy, hold and sell cryptocurrencies instantly.

Buy Coins
Bitcoin Africa offers a cryptocurrency exchange platform, Buycoin. The site is fast and easy to use, and allows you to trade cryptocurrencies in real time.
The cryptocurrency trading app is available for free on both the iOS and Android App Stores. It accepts Bitcoin, Ethereum and Litecoin as well as other cryptocurrencies.
The Send Cash app allows you to send money to their Nigerian bank account with bitcoin from anywhere in the world.
You can also use the Cash app to send money, but there is a daily limit of $1,000.

Luno
Luno is a cryptocurrency exchange with offices in Nigeria, South Africa, Singapore, Malaysia and Indonesia. The cryptocurrency trading platform is fast and easy to use, but it is not the most secure.

It offers zero-fee deposits and low-fee withdrawals. Market makers pay 0% commission, while market operators pay 0% to 1% commission (depending on fiat currency). You can avoid the fee by placing an order and then waiting for the seller to accept it.

When you exercise Luno's instant purchase option, you will be compensated. There is no limit to the amount of money that can be exchanged, depending on the verification level. However, the platform only supports Bitcoin and Ethereum.

Bitpesa
BitPesa is a bitcoin exchange service that operates in Kenya, Nigeria and Uganda. The portal allows you to buy bitcoins in Nigeria using a debit card or Paga account. In Kenya, bitcoins can be sold through the popular mobile service M-Pesa.

The platform is generally easy to use and has moderate speeds, yet it has a low privacy rating (identity verification provides less privacy).

It charges standard fees which vary by country and currency.

Yellow Card
Yellow Card is a cryptocurrency exchange with locations in Nigeria, South Africa and Botswana. The platform is fast and easy to use, with an average privacy rate.

It offers various payment methods as well as instant transactions, cheap fees and reasonable rates. When you make a purchase, you are charged N50 for instant bank transfers and 1.5 percent plus N100 for debit card transactions. It charges a fixed rate of N100 for instant withdrawal.