Bitcoin is a digital currency created in January 2009 by Satoshi Nakamoto. Bitcoin has over the last couple of months gained popularity in Africa. Majority of people have little knowledge about how to buy bitcoin, In this article, you will learn how to buy bitcoin in Ghana using crypto exchange platform, Ghana is one of the West Africa countries. All thanks to bitcoin usefulness in the area of business transaction and way of sending money in everyday life of Ghanaians. Primarily, bitcoin was created to ease sending and receiving money regardless of your location. It was designed to be a better alternative to using fiat money. Since its launch in 2009, Bitcoin has experienced meteoric growth: From October 2013 to early June 2021, for instance, its value increased by almost 30,000%. And while that growth alone is incredible, some analysts say Bitcoin’s value could rise even more as cryptocurrencies and the blockchain technology that power them become more mainstream and integrated into people’s daily lives.
According to Abstract research found on Researchgate.net on ‘’Preliminary Insights Into the Adoption of Bitcoin in a Developing Economy: The Case of Ghana’’
The study proposed a conceptual model analyzing the driving factors that influence a behavior towards the utilization of bitcoins in a developing economy, Ghana, through the lens of the unified theory of acceptance and use of technology model. A qualitative method which employed a purposive sampling technique in the selection of twelve respondents who understand and utilize the bitcoin technology was used. The findings showed that the majority of the respondents were exceptionally positive about the idea of bitcoin and had the goal to keep utilizing it, on conditions with respect to the usefulness, the ease of use, the secureness, and the price value of bitcoin. The study offers practitioners with a framework based on theory that goes beyond not only investigating the adoption but also to assess the impact in utilizing bitcoin for organizational benefits.
To buy Bitcoin or any cryptocurrency, you’ll need a crypto exchange where buyers and sellers meet to exchange dollars or their current fiat value for coins. So, if you want to buy bitcoin in Ghana with mobile money or Ghanaian cedis, you will need to use a Peer to Peer (P2P) crypto exchange.
Where to buy bitcoin in Ghana
Ghana is one of the best African countries where it is projected that bitcoin would make the most positive impact on business opportunities for bitcoin investors and also the way individuals will use bitcoin – digital currency to send money from Ghana to anywhere in the world, and also receive money in Ghana from anyone that has bitcoin.
If you are looking for where to buy bitcoin in Ghana with mobile money or using credit card payment or bank transfer, you need to have an account on a secured crypto exchange to do so. Bitmama is a secured and trusted crypto exchange you can use to buy bitcoin(BTC), Ethereum, Celo, XLM, Tether, XRP, and USD Coin in Ghana.
How to buy bitcoin in Ghana on Bitmama
To buy bitcoin in Ghana, you can easily access the Bitmama web app from a browser on any device or download the Bitmama app from the app store or play store. Follow these simple steps to buy bitcoin on Bitmama:
1. Sign up for an account
To sign up, you will be required to provide basic information about yourself to register. This usually takes about 1 to 3 minutes.
2. Fund your account
To buy bitcoin in Ghana, you will need to fund your account with GHS. We make this easy through card payment and bank transfer. From your dashboard, tap Buy and select fund to fund your wallet. Follow the prompts to instantly deposit the amount you want. This will reflect in your account immediately.
3. Buy bitcoin
Select Bitcoin on your dashboard once logged into your account and enter the amount you want to buy in GHS, USD, or bitcoin. Once you confirm the transaction, your bitcoin will be added to your wallet. You can send to other Bitmama users or send to other external wallets. You may also save it securely in your wallet until you need it.
Why Use Bitmama to Buy Crypto Coins in Ghana?
Bitmama is very easy to use, a secured crypto platform, and one of the top p2p exchanges in Ghana for trading bitcoin and other crypto coins, we also offer competitive market rates so that you can trade cedis and bitcoin seamlessly and also transfer money abroad.