After much anticipation, PesaMill Africa crypto exchange is finally here. The new exchange is both a peer-to-peer and centralized exchange that will enable Kenyans and Africans in general to purchase crypto using a variety of outlets including mobile money.
PesaMill Africa looks to revolutionize and change how crypto exchanges operate in Africa by enabling easy crypto purchases making it accessible to just about anybody.
PesaMill Africa is Built for Africa Coins
PesaMill Africa is looking to differentiate itself from other exchanges by focusing on Africa. In order to do this, the exchange services are available in all African countries. In Kenya, users can purchase crypto using the following methods:
- MPESA
- Airtel Money
- Equitel
- PesaLink
- Visa
- MasterCard
- eLipa
- Equity Bank
Unlike foreign exchanges that require verification processes, the PesaMill Africa verification is short and quick, which according to the founder, Brian Ngugi, takes only five minutes to complete. The exchange is also KYC and AML compliant.
Initially the exchange will offer the coins below:
- Bitcoin
- Ripple
- Bitcoin Cash
- Ether
- Litecoin
Fees from the exchange are 0.25% exclusive of gateway payment provider costs.
PesaMill Africa is also also incorporating KYC and AML features to ensure users are protected and regulators are guaranteed the money flowing on the exchange is safe and not going through the wrong hands.
According to the Ngugi, the exchange will list only Africa coins and African projects that have a real impact and vision for the continent.