Last updated on April 30th, 2022 at 11:39 am
Ghana has more options in terms of purchasing Bitcoin, Bitcoin Cash, Ripple, Ethereum, and other altcoins than other countries on the African continent.
We’d like to point out that Ghana isn’t doing badly on the list of countries where cryptocurrency interest is rapidly rising.
According to Crypto Head data for 2020/2021, Ghana ranks No. 106 against Nigeria and South Africa which ranked 94 and 83 respectively.
So, if you are looking for where to buy cryptocurrency in Ghana, we’ve complied the best crypto exchanges where you can conveniently kick start your investment in digital currency.
Top on our no. 1 list for Ghanaian to buy BTC and other coins is buycoins.africa. It was designed with the love of Africans at home and abroad at heart.
The platform is a brainchild of three young, creative, technology-drive and innovative guys Timi Ajiboye, Tomiwa Lasebikan, and Ire Aderinokun.
BuyCoins Africa makes it possible for other crypto communities on the continent not only to buy crypto but also gives Africans the investment opportunity to buy stocks.
Formerly know as BitkoinAfrica, buycoins Africa is the developer of Sendcash, which allows people to receive and send money to a bank or mobile money (MoMo) account using cryptocurrency.
Don’t forget that the blockchain firm launched sendcash in Ghana in October 2020, it works seamlessly and make sending and buying crypto on buycoins much more easier.
As earlier pointed out in our guide on where to buy crypto assets in Nigeria, binance is present in every continent that has human presence.
It also has the largest number of cryptocurrencies listed for everyone irrespective of location to buy.
It may a bit a technical for a beginner, but the video tutorial for a beginners makes it a great platform to buy crypto in Ghana.
Sometimes in January 2021, binance offered the crypto community in Ghana zero fees deposits on Cedi (GHS).
Those who have been following crypto trades in Ghana would remember that the privilege to use Cedi deposit on Binance Ghana began in 2020, making it possible to buy crypto assets like BNB, BUSD, ETH, and BTC.
If you prefer Cryptocurrency Peer-To-Peer system, paxful makes it possible to buy BTC, ETH in Ghana with many payment options, including MTN mobile money, Momo, Vodafone cash payment, bank transfer using Cedi, Airtle money, PayPal.
One of the advantages the Ghana has over Nigeria is that their PayPal can send and receive money, thereby making it easier for them to use PayPal to buy crypto assets in Ghana.
BitPesa is one of the earliest blockchain firms which operate in a few selected African countries as far back as 2013.
Its stringent Know Your Customer (KYC) practices makes BitPesa one of the safest platform for Ghanaians to buy bitcoin.
BitPesa majorly focuses on the most valuable digital coin (BTC) and it’s highly protected for the safety of its users.
How To Buy Bitcoin In Ghana Using Bitpesa
You can buy bitcoin in Ghana using mobile money if you have an account with bitpesa, the process is discussed below:
1) Begin your BTC purchase by setting up an account (if you are a new user) or log in via mybfx.co if you are a returning user
2) Click new transaction to get started.
3) Choose Ghanaian Cedi (GHS) under the you sell field
4) Enter the amount of GHS you would like to buy and click next
5) Input the mobile money number which you’d like to be debited. If you are sending to a third party, enter their BTC address or select the address if you already have it saved in your list and click next.
6) Payment prompt will be sent to your phone number
7) Check the details and confirm payment details on the next page
8) Click confirm for the payment to be processed immediately.
9) The value of GHS you deposited will reflect on your account in bitcoin or on the address of the recipient. It may take a few minutes for blockchain confirmations.
Note: The mobile money could your MTN or Airtel money.
The largest United States-based cryptocurrency exchange allows the people of Ghana to use the local currency Cedi to buy bitcoin, ethereum and other coins.
The beauty of coinbase over bitpesa is that there are over 100 cryptocurrencies to choose from for the crypto community in Ghana. It’s high level of security to protect users is another reason for anyone in Ghana to want to choose coinbase for their trades.
Patricia started off in Nigeria as a popular platform where Nigerians could buy and sell gift cards and went global following its diversification into the cryptocurrency.
While it’s there is crypto restrictions in Nigeria, meaning they can’t make purchase directly using their debit cards, Ghanaians can fund their mobile wallet eg. Momo account or Airtel money and buy bitcoin, ethereum right away.
If you are in Ghana and don’t know how to go about it, here is a quick start for you:
How to buy bitcoin in Ghana on Patricia
Sign up an account if you haven’t done so. If you already do, it’s important to first fund the account you’d like to be debited
1) Login to to your account
2) Click trade bitcoin and select BTC
3) Enter your wallet address and the amount to buy
4) Use your transaction PIN to confirm the transaction
5) Your btc wallet will be credited with the exact value of Cedi debited from your Momo or Airtel money wallte
Note: You can not buy less than $5 in GHS rate on the platform. Anything less will nto reflect on your account.
This option is also available on the Patricia App
Bitcoin, Bitcoin Cash, Ethereum, Ripple and Litecoin are avaible here for interested individuals in Ghana to buy and sell.
The platform also makes easy for traders to swap another BTC with LTC or any other available coins on ebitpoint.
When your account is setup, you get access to wallets to store your assets, from there you can send or receive crypto into your wallet.
One of the security features put in place by ebitpoint which we love is real time update of activities on the users.
That’s makes users to swiftly take action if there is any strange activities on their account.
Ebitpoint is exclusively built for Ghana, that’s the only supported country at the time of publication.
Like MyPatrcia which started off as gift cards buying and selling platform, prestmit which is has its headquarters in Nigeria has shown an impressive dynamism in the blockchain sector.
At the time of publication, presmit in Ghana allows anyone who wants to acquire crypto assets by using GHS can do so by setting up an account on the platform.
As such, prestmit is a two-in-one platform: gift cards and crypto assets including litecoin, USDT, BTC, and ETH
It’s a European-based cryptocurrency firm that supports Ghana’s crypto community, making it possible for them to buy and sell BTC, Dash, ETH and other altcoins.
What we love about this platform is its CoinField Card to trade
Note: Read the transaction fees carefully before you deciding whether it’s something that would favour your trade. But if you wish to hold your crypto assets for future, coinfield is a great platform.
If your preference is P2P just like Paxful, you can trade crypto on remitano Ghana. Very easy and faster to use.
- Setup and account
- Use the remitano calculator
- Enter the value of Cedi you want in BTC or other coins
- You’ll see the list of sellers ready to sell
- Open a trade
- Make payment
- Upload transaction proof
- When a vendor confirms your transfer, your wallet would be credited
You can also use the Remitano’s GHC fiat wallet
Note: The listed platforms above are custodian exchange, meaning they keep track of your transactions and you will be required to under KYC.
Cex.io is supported in more than 170 countries including Ghana. It makes it easy to use a debit card to make a purchase among the 114 supported coins.
Kraken is a United States-based cryptocurrency exchange that offers its full services to clients in Ghana despite a level of restrictions on some other African countries.
Please, make sure you understand the platform before funding your account to start trading.
Which other platforms can I buy cryptocurrency in Ghana?
In coming up with the above list, we consider the simplicity in using the local currency and debit card. However, other places where you can buy BTC, ETH or other altcoins in the former Gold Coast include:
- Yellow Card
Crypto assets are volatile, please check our trading disclaimer for your safety.
Before making a buying decision, it’s imperative to compare the transaction and trading fees. For instance, Remitano exchange has one of the highest transaction fees among the exchanges.
You’re advised to check with other cryptocurrency exchanges in Ghana.