How to buy, sell, trade, or exchange Bitcoin in Ghana (2024)

Are you a tech enthusiast in Ghana looking for better ways to invest and earn money online through Crypto currency exchange schemes? We have got you covered. We have shared tips and tricks on how to buy, sell, trade, or exchange Bitcoin in Ghana to make profits. We have also listed some of the credible Crypto currency exchange and trading apps and websites you may want to consider while getting started.

• How to convert my Bitcoin to Ghana Cedis online

Buying, selling, trading, or exchanging Bitcoin in Ghana involves using cryptocurrency exchanges and peer-to-peer (P2P) platforms that support transactions in Ghanaian Cedis (GHS). Here’s a list of the credible Crypto currency exchange sites and apps you can try:

Crypto Currency exchange sites & apps in Ghana 2024

1. Binance

Supports a wide range of cryptocurrencies, P2P trading, spot trading, futures trading, and staking. Payment Methods include Mobile money, bank transfers, and various other local payment methods.

2. Luno

Has a user-friendly interface which supports Bitcoin and a few other major cryptocurrencies, instant buy/sell, and educational resources. Payment Methods include Bank transfers and mobile money.

3. Yellow Card

Focuses on African markets, supports Bitcoin and a few other cryptocurrencies, competitive fees, and direct GHS transactions. The payment methods supported include Mobile money and bank transfers.

4. Paxful

This is a P2P platform, supports a wide range of payment methods, including mobile money, bank transfers, gift cards, and more.

5. LocalBitcoins

Another P2P platform which allows users to buy and sell Bitcoin directly with each other in Ghana. The platform also supports various payment methods such as Mobile money, bank transfers, and other local payment methods.

How to buy, sell, trade, or exchange Bitcoin in Ghana

Having identified the most suitable crypto currency exchange site or app in Ghana you want to invest with, here are the steps on how to buy, sell, trade, or exchange Bitcoin in Ghana:

1. Using Cryptocurrency Exchanges

The first option on how to buy, sell, trade, or exchange Bitcoin in Ghana online is through a crypto currency exchange platform (Site or app). To do this, follow the steps we have listed below to get started:

• Choose a suitable Exchange that also supports GHS include Binance, Luno, and Yellow Card.
• Sign up and verify your identity by providing necessary documents like a government-issued ID and proof of address.
• Deposit GHS into your exchange account via mobile money or bank transfer.
• In case you want to buy Bitcoin, just navigate to the “Buy/Sell” section.
• Select Bitcoin (BTC) and enter the amount you want to purchase.
• Confirm the transaction to complete the purchase.

2. Using Peer-to-Peer (P2P) Platforms

The second option on how to buy, sell, trade, or exchange Bitcoin online in Ghana is through Peer-to-Peer (P2P) Platforms (sites or apps). To do this, follow these simple steps below:

• Choose a suitable P2P Platforms like Paxful and Binance P2P allow direct transactions with other users.
• Sign up and complete any required verification.
• Search for sellers offering Bitcoin for GHS. Pay attention to their ratings and reviews.
• In case you are satisfied, you can initiate trade by entering the amount of Bitcoin you want to buy.
• Select a payment method (e.g., mobile money or bank transfer).
• Complete the payment and confirm on the platform.
• The seller will release the Bitcoin to your wallet once payment is confirmed.

Frequently Asked Questions