Best Site to Sell Bitcoins in Ghana and Kenya in 2023
Cryptocurrencies like Bitcoin have revolutionized the way we transact and invest in assets. With the rise in the popularity of cryptocurrencies, more and more people are looking for reliable platforms to buy and sell Bitcoins. If you are in Ghana or Kenya and want to sell Bitcoins, you have come to the right place. In this article, we will explore the best sites to sell Bitcoins in Ghana and Kenya using Airtel Money, MTN Mobile Money, M-Pesa, and Opay.
Introduction to Bitcoin
Before we dive into the details of the best sites to sell Bitcoins in Ghana and Kenya, let’s take a brief look at what Bitcoin is and why it is popular.
Bitcoin is a digital currency that was created in 2009 by an unknown person using the name Satoshi Nakamoto. Bitcoin is decentralized, meaning that it is not controlled by any government or financial institution. Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures transparency and security.
Bitcoin has become popular for several reasons. It is a fast and easy way to transfer money across borders, it offers anonymity, and it is not subject to the same regulations as traditional currencies. Additionally, the value of Bitcoin has increased significantly over the years, making it an attractive investment opportunity.
Why Sell Bitcoins?
There are several reasons why you might want to sell your Bitcoins in Kenya or Ghana. Perhaps you bought Bitcoins as an investment and want to cash out your profits. Maybe you want to use the money for a purchase or to pay bills. Whatever the reason, it is important to choose a reliable platform to sell your Bitcoins.
Best Site to Sell Bitcoins in Ghana and Kenya
When it comes to selling Bitcoins in Ghana and Kenya, there are several sites to choose from. However, not all sites are created equal. Here are the best sites to sell Bitcoins in Ghana and Kenya.
1. CoinCola
CoinCola is a global over-the-counter (OTC) Bitcoin marketplace and trading platform that allows you to buy and sell Bitcoins with other users. CoinCola is available in more than 100 countries, including Ghana and Kenya. CoinCola is known for its fast and secure transactions, low fees, and excellent customer support. The platform supports a variety of payment methods, including bank transfers, mobile money, and gift cards.
2. BitPesa
BitPesa is a platform that allows you to buy and sell Bitcoins in Africa. The platform is available in several countries, including Ghana and Kenya. BitPesa is popular because it offers low fees and fast transactions.
3. Coinbase
Coinbase is a cryptocurrency exchange that allows you to buy and sell a variety of cryptocurrencies, including Bitcoin. The platform is available in several countries, including Ghana and Kenya. Coinbase supports several payment methods, including bank transfers and credit cards.
4. Paxful
Paxful is another peer-to-peer marketplace that allows you to sell Bitcoins in Ghana and Kenya. The platform supports a variety of payment methods, including bank transfers, mobile money, and gift cards.
5. Binance
Binance is a cryptocurrency exchange that allows you to buy and sell a variety of cryptocurrencies, including Bitcoin. The platform is available in Ghana and Kenya and supports several payment methods, including bank transfers and mobile money.
Related: How to Sell Bitcoin in Kenya with M-Pesa How to Sell Bitcoin in 5 Steps in Kenya
How to Choose a Site to Sell Bitcoins in Ghana and Kenya
When choosing a site to sell Bitcoins, there are several factors to consider. Here are some of the most important factors:
1. Fees
The fees charged by a platform can significantly impact your profits. Make sure to choose a platform with low fees.
2. Payment Methods
Different platforms offer different payment methods. Make sure to choose a platform that offers payment methods that are convenient for you.
3. Security
Make sure to choose a platform with high levels of security. This will protect your Bitcoins and personal information from hackers and scammers.
4. Reputation
Choose a platform with a good reputation. Read reviews and do your research before choosing a platform to sell your Bitcoins.
Why Choose Selling Bitcoins on CoinCola
Selling your Bitcoins on CoinCola has several advantages:
- Convenient: You can sell your Bitcoins from the comfort of your home using your mobile money account.
- Fast: CoinCola transactions are usually completed within 15 minutes.
- Secure: CoinCola uses advanced security measures to ensure the safety of your Bitcoins and personal information.
- Low Fees: CoinCola charges a low fee of 0.7% for selling Bitcoins.
- Excellent Customer Support: CoinCola has a dedicated customer support team that is available 24/7 to assist you with any issues you may encounter.
How to sell Bitcoin in Ghana and Kenya with Airtel Money, MTN Mobile Money, M-Pesa and Opay
Time needed: 15 minutes
CoinCola offers a secure and easy-to-use platform for selling bitcoin in Ghana and Kenya. In this guide, we will walk you through the steps to sell bitcoin on CoinCola.
- Create an Account
To sell bitcoin on CoinCola, you first need to create an account. Go to the CoinCola website and click on the “Sign Up” button on the top right corner of the page. Follow the prompts to create your account.
- Complete Your Profile
Once you’ve created your account, you’ll need to complete your profile. This includes verifying your email address and phone number, as well as submitting your ID for verification.
- Add Your Bitcoin to Your Wallet
To sell bitcoin, you’ll need to have it in your CoinCola wallet. If you don’t already have bitcoin in your wallet, you can transfer it from another wallet or exchange. To do this, click on the “Wallet” button on the top menu, then select “Deposit” and follow the prompts to add bitcoin to your wallet.
- Enter the Fiat Trade Market
Now that you have bitcoin in your CoinCola wallet, you can create a sell order. Click on the “Sell Crypto” button on the top menu, then select “Fiat Trade” – “Sell” – “BTC”.
- Find a Buyer
Once you’ve entered the market, you’ll need to find a buyer. CoinCola has a peer-to-peer trading platform that allows you to find local buyers in Ghana and Kenya. Browse the list of available buyers, and select your preferred payment method (Airtel Money, MTN Mobile Money, M-Pesa, or Opay).
- Initiate a Trade Chat
Once you’ve found a buyer, you can initiate a trade chat. This allows you to communicate with the buyer and agree on the terms of the transaction. To initiate a trade chat, click on the “Sell Now” button.
- Complete the Transaction
If you are content with the buyer’s terms, input the amount of Bitcoin you are willing to trade and click “Sell Now.” This will relocate your Bitcoin to CoinCola’s fortified escrow. Follow the instructions provided attentively and release the Bitcoin after the buyer completes their end of the deal and you receive payment.
- Provide Feedback
After completing the transaction, you can provide feedback on the buyer. This helps to build trust within the CoinCola community and ensures that future transactions are smooth and seamless.
Conclusion
If you want to sell your Bitcoins in Ghana or Kenya using Airtel Money, MTN Mobile Money, M-Pesa, or Opay, CoinCola is the perfect platform for you. CoinCola is fast, secure, and convenient, with low fees and excellent customer support. So, what are you waiting for? Sign up for CoinCola today and start selling your Bitcoins!
FAQs
Yes, it is legal to sell Bitcoins in both Ghana and Kenya.
Yes, CoinCola is a two-way marketplace that allows you to buy and sell Bitcoins with other users.
CoinCola transactions are usually completed within 15 minutes.
You can sell Bitcoins on CoinCola using Airtel Money, MTN Mobile Money, M-Pesa, or Opay.
Yes, it is safe to sell Bitcoins on CoinCola. CoinCola uses advanced security measures to ensure the safety of your Bitcoins and personal information. CoinCola also has a dedicated customer support team to assist you with any issues you may encounter.
CoinCola uses a real-time price index to ensure that you are getting a fair price for your Bitcoins. The price index is based on the current market rates on major exchanges such as Coinbase, Bitfinex, and Binance.
If the buyer does not send you the payment within the specified time, you can file a dispute with CoinCola’s customer support team. The dispute will be resolved by a mediator who will ensure that both parties adhere to the terms of the transaction.
