How to Buy Bitcoin & Altcoins in Africa, Kenya, Ghana & Nigeria – Mobile Money

How to Buy Bitcoin & Altcoins in Africa, Kenya, Ghana & Nigeria: The cryptocurrency market has been growing as days passed. With the recent rise in the price of Bitcoin and other altcoin, most people are getting much interested in the crypto market.

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If you are on this page, chances are, you are looking for information on how to buy cryptocurrency. if this sounds like you, then you are on the right page.

On this page, we are going to explain to you in plain language how to buy your first cryptocurrency.

There are different platforms through which you can use to buy your first bitcoin, USDT, Ethereum, Cardano, Solana, or any other currency. But what is mostly used is the Binance exchange.

Table of Contents

What is Binance?

Binance is a cryptocurrency exchange that is currently the largest exchange in the world in terms of the daily trading volume of cryptocurrencies.

On Binance, you can buy and sell cryptos such as Bitcoin, Ether, BNB, USDT, Doge e.t.c using your local currencies.

The Binance exchange has more features that you can explore if you want to profit much with cryptocurrency.

There are two ways you can Buy Cryptocurrency Using Binance. You can buy crypto using the Binance main website or through the Binance Mobile App.

In today’s article, we are going to look at how to buy crypto using the Binance app since that’s the easiest and simple process to follow.

Before you can perform any transaction on the Binance App, you’ll need to first register for an account.

How to Create A Binance Account?

You can use this link to create an account on Binance if you don’t have one.
Once you create the account, the next thing to do is to Download and Install the Binance App from the Playstore or Appstore.
Now that the app is installed, you need to do is to Login using the details used during your account creation stage.
After a successful login, then you must make sure to complete the Personal verification requirement on the Binance Exchange.

The details used (Name, Residential address) to create the account should correspond with that of the Name on your Government issues card. eg. Ghana Card.

How to Buy Cryptocurrencies on Binance App?

Once your account is verified, then you can begin to trade (buy & sell ).

To buy a cryptocurrency on the Binance app:

First, open the app and make sure you are on the Advance Interface. (Not Binance Lite).
On the Main Biance App interface, you need to locate the section label “P2P Trading”.Tap on that to open.
Here, You will see two tabs – Buy and Sell. By default, the App will be on Buy.
To Buy, locate the Crypto you want to Buy.
Once you see the currency, then scroll down to see the various traders who are ready to Sell that crypto to you.
Select the seller and then tap on the Buy button located at the right of the seller’s name.
Enter the amount you want to buy and then follow the on-screen guide to complete the payment.

Once the payment is done, the seller will then release your crypto which will be loaded to your Binance Funding wallet.

From there, you can transfer it to your Binance spot wallet or any of the wallets of your choice.

You can watch this video to see How to Buy Bitcoin & Altcoins in Africa, Kenya, Ghana & Nigeria.

Video Link Here.

How to Buy Bitcoin & Altcoins in Africa, Kenya, Ghana & Nigeria – Mobile Money

What is Binance?

How to Create A Binance Account?

How to Buy Cryptocurrencies on Binance App?

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