Binance users will finally be able purchase bitcoin and other supported cryptocurrencies in Africa on the Binance exchange from June 23rd, 2020.
Users in Kenya will now be able to buy bitcoin and other cryptos in Kenya Shillings directly via either a bank account or a Visa / Debit Card.
In an announcement published on its website, Binance users in Africa, Middle East and Asia Pacific will have their accounts activated for buying of crypto directly via a Visa Credit or Debit Card as follows:
- Asia Pacific – June 22, 2020
- Middle East – June 23rd, 2020
- Africa – June 23rd, 2020
Users in the above regions will be able to buy the following crypto assets directly via their cards:
- Bitcoin (BTC)
- Ether (ETH)
- Binance Coin (BNB)
Purchase of the above assets are available for direct purchase and will be deposited to your Binance account within seconds.
Binance however said that several countries in Africa are currently not permitted to use this service. These include:
At the same time, Binance is running a campaign for new users onto its P2P platform. Sign up to win 5 USDT with your first transaction.
- Select ‘Buy with Cash’ from the Home Screen
- Next, select ‘Fiat’
- Tap ‘USD’ to open the list of supported fiat currencies available
- Type the name of the fiat currency in the search bar or scroll through the list to select your local fiat currency
- Enter the amount of the selected fiat currency you wish to spend and tap ‘BTC’ to select the cryptocurrency you wish to purchase
- Add a Visa Card or select the card you wish to use for the purchase and then tap ‘Buy’
- Check the amount you wish to spend is correct and then tap ‘Confirm’ at the bottom of the screen
- Congratulations, the transaction is complete and the purchased cryptocurrency has been deposited to your Binance account
NB: Interested in taking part in the Binance Activity Promotion?
Share the referral ID of the accounts you are going to use in this form and be sure to add our group name (Bitcoin KE). Please note that this offer is exclusive to specific communities, like Bitcoin KE, and is not openly and publicly available.
Follow us on Twitter for latest posts and updates