Site icon TechArena

Binance Launches Mobile Money Payments for Crypto Purchases in West and Central Africa

Binance

Binance

Binance has announced that users in Benin, Cameroon, Ivory Coast, Democratic Republic of Congo (DRC), Togo and Senegal can purchase crypto directly through mobile money payments enabled through local partnerships. This comes a few weeks after Binance announced that users in Ghana, Tanzania, Uganda, and Zambia can now buy and sell crypto assets using mobile money.

This new functionality further strengthens Binance’s commitment to providing simple and secure access to cryptocurrency for users across the continent, reinforcing the platform’s vision of financial inclusion.

Samantha Fuller, Spokeswoman for Binance says “We remain focused on advancing financial inclusion and delivering user-friendly solutions for crypto adoption across Africa. This expansion into West and Central Africa is a significant step in our mission to increase crypto adoption, providing millions of people with more direct access to the global digital economy”. 

This new service currently supports only BUY transactions, further simplifying the entry point for new crypto users in these regions, while providing them with a reliable and secure platform to acquire digital assets.

How to buy crypto

  1. Log in to your Binance app and select [Add Funds] from the homepage.
  2. Choose your local fiat currency you wish to use by selecting the currency in the top-right column.
  3. Follow the instructions to complete your crypto purchase.

Also Read: 7 Facts About Binance You’d Be Surprised to Know

Exit mobile version