How to Buy Bitcoin in Ghana with Mobile Money

There are numerous ways how to buy Bitcoin in Ghana with Mobile Money, including the use of crypto exchange sites in Ghana. Bitcoin may be purchased in Ghana using mobile money through Binance, Paxful, YellowCard, and other services.

To obtain Bitcoin or any cryptocurrency, you'll need a crypto exchange platform, a platform where a buyer agrees to transfer money to a seller for exchange, or pay straight from the crypto exchange provider using Mobile Money or a credit or debit card.

There are a lot of crypto exchanges platforms to buy Bitcoin, but if you are a beginner, you'll want to choose an exchange that is easy to use, has low fees, and is safe and secured. Keep an eye on our top picks for the best crypto exchanges, like Binance or Paxful, if you really want a simple and easy way to buy Bitcoin using Mobile Money.

Having said that, here are the best crypto platforms to buy Bitcoin in Ghana with mobile money:

BINANCE

Binance has grown in popularity in Ghana and is now a major alternative for buying and selling Bitcoin with mobile money in Ghana. To begin, you must first register a Binance account (with your email or mobile phone number). After that, you must prove your identity using a passport, Ghana card, or driver's license.

How to Buy Bitcoin in Ghana with Mobile Money in 7 Steps

1. Select P2P Trading.

Register (if you dont have account) and login to your Binance account and click on P2P trading. This will lead you to a marketplace where buyers and sellers trade money for cryptocurrency.

2. Choose Mobile Money as Payment Method.

To fund your Binance account, you'll need to choose a payment method via Mobile Money. There are other payment methods to choose from such as bank transfers, debit cards, etc. But we will choose MTN Mobile Money which is easier and faster to pay in Ghana.

3. Choose a Seller to Buy From

There are a few things to consider before purchasing Bitcoin on Binance via P2P. First, ensure that the seller has a high order completion rate. Also, ensure that the seller has a sufficient number of completed orders to guarantee that he or she is a reliable source to buy from. These principles mostly aid in determining how active the seller trades on Binance. Click on Buy BTC to proceed to payment.

4. Enter Amount to Make Payment

After choosing your preferred amount to purchase from the seller, click Buy BTC.

5. Confirm Seller's Information and Make Payment

Before you purchase Bitcoin on any P2P crypto exchange network, be sure the seller is online. Send a message in the chat session, then wait for him/her to respond before transferring the money. This will prevent any discrepancies by making the transaction more secure.

When the seller gives you the go-ahead to send, make a note of the precise number provided and double-check the name on the number before sending; the seller's contact information can be found on this page. Transfer the exact amount to be sent and click on the “Transferred, notify seller” button to notify the seller of your transfer.

6. Receive Bitcoin after Payment

After receiving payment, the seller will release Bitcoin to you. If the seller does not answer or respond slowly, you may submit an appeal (which happens rarely). After receiving your coins, you may leave a review.

7. Check Balance

After order confirmation, click on Wallet on the top menu, then select overview to check your Bitcoin balance.

You can see that your wallet has been successfully funded. This is the simplest and quickest way to buy bitcoin or any other cryptocurrency in Ghana using Mobile Money on Binance.

PAXFUL

Paxful is another a peer-to-peer (P2P) platform that will allow you to buy BTC with mobile money in Ghana in 2022. To begin, you must establish an account and authenticate your identification (through a Ghana card, passport, or driver's license).

Next, you'll need to discover customers who are prepared to accept mobile money as payment for Bitcoin. Paxful is a P2P bitcoin exchange just like Binance, which implies that buying and selling bitcoin is done directly between the two parties without the need of a third party.

4 Steps to Buy Bitcoin on Paxful with Mobile Money

1. Register Paxful and Login to Trade.

Log in to your Paxful account, on the homepage, make sure the Buy option is on Bitcoin, select mobile money as payment, and then input the amount you wish to buy. Then click Find Offers to choose the best sellers.

2. Choose a Seller to Buy

Before you select a seller to buy your Bitcoin, make sure the seller has a good score with very good positive rating before you buy. Also, make sure the seller is online for faster transaction time.

After checking all the requirements, click on Buy to proceed to payment.

3. Confirm Amount and Seller's Details

At this stage, confirm the amount to send to the seller and the bitcoin you'll receive following payment. Before you click on Buy now button to proceed, double-check the seller's information.

4. Make Payment and Receive Bitcoin

As previously stated in the Binance payment section, talk with the seller to confirm his availability, then wait for him or her to respond before transferring the money. This makes the transaction more secure, any discrepancies will be avoided.

Send the seller the exact amount and wait for him or her to release the Bitcoin. If the seller does not release or respond, you may file an appeal; the seller's Bitcoin will be held by Paxful, a moderator will look into whether or not you truly transferred him the money. If you provide the moderator with sufficient proof of payment, your Bitcoin will be released to you.

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