Buying Bitcoin In Africa
Bitcoin adoption in Africa continues to accelerate as many Africans look to opt for an alternative to issues like conducting remittance across the world. Many African nations currencies continue to weaken against global currencies making it harder to import goods and commodities making life far more expensive for the average African.
Bitcoin offers an ability to opt into a global monetary network free from political capture and centralised control. If you’re based in Africa and you’re looking to acquire bitcoin locally you will need a method of exchanging your local currency for bitcoin. Many do this via centralised exchanges that operate in your country, these tend to be the simplest on-ramps.
Below you’ll find a curated list of centralised global exchanges that offer users the option of trading between bitcoin and their local currency.
- If you’re going to dive in and acquire bitcoin, we highly recommend using a bitcoin-only exchange where possible, we understand this may not always be available and purchasing from digital asset brokers may be your only option. But to avoid confusion and focus on simplicity, bitcoin-only exchanges are a great way to start.
- If you do not see a local exchange listed below for your country, you may have to opt for using a global exchange or decentralised exchange and P2P exchange.
- Be aware that some of the exchanges listed below are shitcoin casinos so take care!
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