Cryptocurrency adoption is on the rise in Ghana, and seamless, secure transactions are more important than ever. 

BitAfrika, a leading crypto exchange founded in 2017, is making it easier for Ghanaians to buy, sell, and receive Bitcoin and other cryptocurrencies with ease.

Supporting Bitcoin, Dogecoin, Litecoin, USDT, and more, BitAfrika offers competitive rates, multiple payment and withdrawal options, and free user transfers. 

Are you looking to buy Bitcoin or trade crypto in Ghana? This review is for you. Let’s explore how BitAfrika is positioning itself as a trusted gateway for crypto transactions in the country.

Notable Features of BitAfrika

  1. BitAfrika supports 10 cryptocurrencies: Bitcoin, Dogecoin, Litecoin, USDT, USDC, etc. 
  2. You can purchase crypto with Ghanian Cedi and pay with bank or mobile money.
  3. They charge a 1% – 2% maker and taker fee (depending on payment method)
  4. BitAfrika has a standardised fee of 1.5% to buy cryptocurrencies on the platform.
  5. Fiat withdrawals attract a fee of 1% from BitAfrika’s local payment processors.
  6. BitAfrika offers a crypto virtual card that can be used to shop anywhere and make secure payments. 

BitAfrika Fees

Below is a table of fees BitAfrika charges for some listed cryptocurrencies.

BuyReceiveSend
BitcoinManual – free

Automatic -1.5%

FreeBitcoin Network Fees
EthereumManual – free

Automatic – 1.5%

FreeEthereum Network fees
DogecoinManual – free

Automatic – 1.5%

FreeNetwork fees
USDTManual – free

Automatic – 1.5%

FreeTron Network fee

How to Buy Bitcoin on BitAfrika 

After downloading the BitAfrika app from Google Play or Apple Store and creating an account, follow these simple steps to buy Bitcoin. 

  1. On the dashboard, click on “buy”. 
  2. Next, select a preferred payment method from the options displayed. 
  3. Enter the amount of Bitcoin you want to purchase in Ghana Cedis. 
  4. The equivalent in BTC and USD will be displayed according to the buy rate shown. 
  5. Click on “Request Deposit”
  6. You will receive payment promptly from your network after requesting a deposit.

How to Sell Bitcoin on BitAfrika 

  1. On the dashboard, select “sell.”
  2. Next, select a preferred payment method from the options displayed. 
  3. Enter the amount of Bitcoin you want to sell  in USD
  4. The BTC and Ghana Cedis (GHS) equivalent will be displayed according to the sell rate shown. 
  5. Click Next and follow the instructions displayed.

Image of How To Choose The Right Bitcoin Wallet For You

Note: These steps also apply when buying or selling other cryptocurrencies.

Pros of BitAfrika

  1. You can purchase crypto in Ghanian Cedi
  2. Mobile app for easy accessibility 
  3. No middleman
  4. No fees are charged when you receive funds from other users 
  5. 24/7 customer support

Cons of BitAfrika

  1. Just 10 cryptocurrencies  are listed
  2. Still relatively new and small 
  3.  USDT is only available on the Tron network.
  4. Does not support peer-2-peer trading 

FAQs About BitAfrika Review 

Which app has the highest Bitcoin rate in Ghana?  

Bitfrika offers competitive rates for Bitcoin, Litecoin, Bitcoin Cash, and other listed cryptocurrencies. 

How does BitAfrika work?

BitAfrika is a mobile application registered and verified users use to trade, send, and receive all the cryptocurrencies listed on BitAfrika. 

Is BitAfrika legit? 

BitAfrika is a KYC and anti-money laundering complaint exchange which means it is regulated and therefore legit. 

How to download BitAfrika? 

You can download the BitAfrika app from the Apple or Google Play Store, 

Bitafrika contact and support?

Bitafrika offers 24/7 customer support. Get in touch with them via the “contact us” page on their website; click here

Author

Conclusion

BitAfrika is a centralised exchange, and security is a top priority, so users must complete a mandatory KYC (Know Your Customer) verification before they can start transacting.

The exchange also enforces strict anti-money laundering policies in compliance with global regulations to protect against fraud and theft. BitAfrika is a regulated exchange, making it legitimate and compliant.

As one of the fastest-growing crypto exchanges in Ghana, BitAfrika is making strides but still has room for growth, particularly in expanding its list of supported cryptocurrencies.