Binance has introduced One Click Buy and Sell (OCBS) feature, allowing users in:
- Ghana
- Tanzania
- Uganda, and
- Zambia
to buy and sell crypto assets using mobile money.
According to Binance, this new functionality aims to enhance accessibility and convenience for crypto enthusiasts in these regions.
“With the launch of our OCBS feature, users can now easily purchase crypto assets and sell assets directly from their mobile money accounts. The integration of mobile money into our global fiat on-ramp/off-ramp offering, developed in partnership with TransFi, marks a significant milestone in our efforts to simplify and broaden access to digital assets.” said Binance.
“By enabling mobile money deposits and withdrawals with these safeguards in place, Binance aims to make cryptocurrency more accessible to the unbanked and underbanked populations in Africa.
This initiative aligns with our mission to increase the freedom of money globally and empower users with easy access to digital assets.”
The move comes as the cryptocurrency platform continues to grow despite already being the world’s largest exchange.
In June 2024, Binance was celebrating a major milestone after exceeding 200 million registered users, only 7 years after it was started. This number of users means that Binance now accounts for approximately 36% of the worldwide cryptocurrency user base, which is estimated to be 562 million.
MILESTONE | #Binance Exchange Surpasses 200 Million Registered Users, Now Accounts for Approximately 36% of Global Crypto User Base
According to a recent analysis by Kaiko Research, among the top 10 ranked exchanges for Q1 2024, Binance appears to be both the most liquid… pic.twitter.com/eLtBnmIrT4
— BitKE (@BitcoinKE) June 10, 2024
To start using the One-Click Buy and Sell feature, users in Ghana, Tanzania, Uganda, and Zambia will need to upgrade to the latest version of the Binance app.
Follow us on X for the latest posts and updates
Join and interact with our Telegram community
___________________________________________
___________________________________________
