Bitcoin, also called BTC, is the most popular cryptocurrency in the world with the highest value. It was created over a decade ago and served as a decentralized, cheaper, and time-saving alternative to sending and receiving money through the blockchain. While some countries are still yet to adapt to Bitcoin and its shiny characteristics, others have accepted it and started using it as a means of payment. Ghana is one of those countries in which bitcoin has made a big impact.
As time passes, more
Ghanaians have become aware of the amazing benefits of owning bitcoins. Not
only does it make the transfer of funds easy, but it is also a means to make
easy money. Hence, you must be informed on how to buy BTC not only with cash
but with mobile money.
Buying BTC with mobile money in Ghana
Cryptocurrency exchanges
are the easiest way to buy and sell bitcoin worldwide using mobile money in
Ghana. Ghana supports a variety of mobile money providers, including
AirtelTigo, MTN, and Vodafone. Several platforms have been created to make the
venture easy in Ghana.
With the increase in
demand for bitcoin in Ghana, the number of platforms for its sales and
purchases using mobile money has increased exponentially, thereby leaving room
for scammers to exist. Hence, before you settle on any platform to purchase
bitcoin, ensure to conduct thorough research on the platform. Before
patronizing a platform, ensure that it is secure, reliable, and customer
friendly.
In this vein, because we
have your best interest at heart, we have put together three of the most
efficient, reliable and secured platforms for you to purchase bitcoin in Ghana.
Binance
Binance is one of
the most popular bitcoin exchange platforms in Ghana. In 2020, Binance launched
an additional feature that allows mobile money payment for GHS peer-to-peer
(P2P) trading. Hence, you can now buy bitcoin in Ghana through Binance P2P and
pay using mobile money payments.
Binance is intuitive and
user friendly in its entirety. Apart from BTC, you can also trade other
cryptocurrencies on Binance that includes Ethereum, USDT, BNB, NFTs, BUSD, and
EOS without incurring any extra charge.
Buying bitcoin with
mobile money on Binance involves a few simple steps.
●
Create an account
if you have none on the Binance mobile app or web app.
●
Log into your
account after ensuring that you have completed the level 2 identity
verification (for securing your account from rippers and scammers).
●
Click on buy with
cash and then select P2P.
●
Select the Buy tab,
select BTC, and click on the filter icon at the top of your screen.
●
Select mobile money
as your payment method and the currency to buy the crypto. Click on confirm.
●
Select the best
offer from the listed offers and input the quantity you want to buy.
●
Select the preferred
mobile money payment method and click on buy BTC.
●
Transfer money to
the seller based on the seller's payment information by simply clicking on
transfer.
●
Click on confirm,
and the transaction status will be updated to "To be released."
Congratulations! You have
successfully bought bitcoin using mobile money on the Binance platform.
Paxful
Paxful is another
popular, secure, and reliable exchange platform to buy bitcoin using mobile
money in Ghana. It is intuitive in itself and can be easily navigated. Paxful
also has a bitcoin exchange peer-to-peer feature that allows you to buy bitcoin
using mobile money without the involvement of a third party. The only downside
to this platform is that you'll need to find buyers that accept mobile money as
means of payment.
To use the Paxful
platform, you will have to create an account first via email and verify the
account using your email. After creating your account, follow the steps written
below to buy bitcoin.
●
Sign in to your
account.
●
Click on buy.
●
Choose bitcoin from
the myriad of other cryptocurrencies.
●
Select mobile money
as the payment method and choose from either MTN mobile money or Vodafone cash.
●
Enter the amount you
want to spend in GHS.
●
Click on search
offers and browse the list of offers to pick the offer that suits your budget.
Ensure to make a careful selection by paying attention to the verification
requirements, bitcoin rates, trade limit, and buying limit.
●
Click on buy when
you find the best offer.
●
Input the amount you
want to buy in GHS, and the corresponding bitcoin amount will be displayed
immediately.
●
Click on "buy
now." Paxful allows you to have a live chat with the seller to discuss
trading agreements.
●
The seller will
validate your payment and send the bitcoin. Paxful will credit your BTC wallet
in less than one minute.
Selling bitcoin for Cedes in Ghana using the DartAfrica
platform
Apart
from buying gift cards using mobile money, you can also convert your bitcoin to
GHS by using DartAfrica.
DartAfrica is the best cryptocurrency trading platform in ghana. It is a highly
intuitive and user-friendly platform that allows you to sell your bitcoin for
cash without any hassle. Transactions done on DartAfrica are always seamless
and fast. They also sell bitcoins at amazing rates in order to satisfy all
their customers with mouthwatering profit.
Even more, DartAfrica has
a cryptocurrency rate calculator
feature that sets it apart from other platforms. With the rate calculator, all
their customers are constantly updated on the current rates at which BTC, ETH,
and LTH are sold.
The platform is secured,
reliable, and fully automated with the best features. Their customer service is
topnotch with representatives that work round the clock to attend to all
customers. To get started, kindly log on to their website or contact us to have a
chat with one of our representatives.
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