Best Bitcoin Exchanges in Africa (2020)

This post is about the best Bitcoin exchanges in Africa. I will tag it a post “for the African bitconiers”.

You are in Africa, and ready to get your hands on some bitcoins but still not sure of the exchange to use, this post is for you.

I gave a list of up to 36 trusted Bitcoin exchanges that are available in Africa.

These exchanges are top-notch, very secure, and provide the best trading experience.

Let’s go and see this list!

Top Bitcoin Exchanges in Africa

What you will find below are the exchanges that I have found good and can tick positive as the best exchanges in Africa.

These exchanges are not arranged in a particular order. So the number one on the list may not be the overall best.

The exchanges include:

1. Luno

Luno(formerly Bitx) was founded by Marcus Swanepoel, Timothy Stranex, Francois Paul, and Carel van Wyk.

The exchange launched in 2013 and is headquartered in Singapore.

Luno supports Nigeria, South Africa, Uganda and Zambia.

2. Quidax

Quidax was founded in 2017, and has Buchi Okoro as its CEO.

It is located in Nigeria and is registered in Malta.

Quidax supports users from all around Africa. However, Naira is the only fiat currency accepted on the exchange.

3. Binance

Binance was founded by Changpeng Zhao in July 2017.

It has its headquarter in Tokyo, Japan, and is registered in Malta.

Binance is global and does not specify the countries restricted from using its services.

However, restrictions may apply depending on local laws binding a particular country.

4. Coinbase

One of the world’s largest bitcoin broker, Coinbase was founded in June 2012.

Coinbase has its headquarters in San Fransisco, California, USA.

Presently, the exchange has evolved from being a simple broker exchange and now offers a wide range of products and services.

Coinbase supports users from the under listed African countries.

• Angola, Ghana, Kenya, Rwanda, South Africa, Benin, Botswana, Namibia, Zambia, Tunisia, Mauritius, Uganda, and Cameroon

5. Remitano

Remitano is an exchange founded in 2016 and is registered in Seychelles.

The platform connects users in 9 African countries to buy and sell cryptos.

African countries supported includes; Nigeria, Algeria, Rwanda, Tanzania, Uganda, Kenya, South Africa, Zambia, and Zimbabwe.

6. Paxful

Paxful was founded in 2015 by Ray Youssef and Arthur Schaback.

It is located in Delaware, USA.

Paxful is a global exchange, but it does not support users from the under listed African countries;

• Burundi, Central African Republic, Libya, Somalia, Sudan, and South Sudan.

7. LocalBitcoins

LocalBitcoins is another Bitcoin exchange in Africa.

It was founded by Jeremiah Kangas in June, 2012.

It is based in Helsinki, Finland and is registered there.

8. Coinmama

Coinmama is an Isreal based exchange founded in 2013.

The exchange specializes in providing bitcoin brokerage services to over 190 countries.

9. Changelly

Another reputable Bitcoin exchange in Africa is Changelly.

Changelly is a non- custodial instant cryptocurrency exchange that was founded in 2015 by Minergate (a crypto mining pool).

The exchange is based in Malta, and it supports users from all around the world.

10. OKEx

OKEx is a Malta based exchange founded in 2014 by Star Xu.

The exchange is one of the world’s leading exchanges, it has supports for all African countries excluding Sudan.

11. Yellow Card

Yellow Card is a bitcoin broker exchange founded in 2016 in the USA by Chris Maurice.

In 2019, the exchange extended its services to reach bitcoin enthusiasts in Africa.

The exchange currently supports users from Nigeria, South Africa, Botswana, Kenya, Cameroon, Tanzania, Ghana, Zambia, and Uganda.

12. Kraken

Kraken is a crypto exchange founded by Jesse Powell in 2011 and is based in San Francisco, US.

The exchange is one of the world’s secure crypto exchanges; however, if you are in the listed countries below, you may not be able to use its services.

• Central African Republic, Eritrea, Guinea-Bissau, Mali, Namibia, Somali, South Sudan, Sudan

13. OKCoin

OKCoin is a global exchange that has Star Xu, the founder of (OKEx) as its owner.

This exchange was founded in 2013 in Beijing, China, but it is currently headquartered in San Francisco.

According to the “Terms of Service” found on the exchange, users from Sudan cannot access this platform.

14. Pursa

Pursa is a peer-to- peer cryptocurrency exchange based in Cameroon.

The exchange was founded in 2017 by Mbuh Jude.

Pursa supports users from virtually all around the world including Sudan, Somalia… you name it.

15. Paybis

Paybis is a UK based exchange co-founded by Innokenty Isers in 2014.

The exchange provides one the fastest and easiest ways of purchase cryptocurrencies with gluts of payment method.

If you are in the African countries listed below, then, you are not qualified to access Paybis.

• Botswana, Ghana, Maurituis, Uganda, Sudan, Zimbabwe.

16. Huobi

Huobi is a Singapore-based cryptocurrency exchange founded by Leon Li in 2013.

The exchange provides secure and reliable services related to cryptocurrencies to users all around the world.

17. Bittrex

Bittrex is one of the popular US based exchange founded in 2013.

It is headquarted in Seattle Washington and it operates worldwide.

However, due to the regulatory laws binding some of the African countries below, users who reside there are restricted from using the exchange.

• Botswana, Burundi, Central African Republic, Eritrea, Ethiopia, Ghana, Guinea, Guinea-Bissau, Libya, Mali, Somalia, South Sudan, Sudan, Tunisia, Uganda, Zimbabwe

18. Coindirect

Coindirect is one of the leading peer-to-peer crypto exchange in Africa.

It was founded in 2017 and it is legally registered in Isle of Man where it operates from.

This exchange is available to users in the following African countries;

• South Africa, Nigeria, Kenya and Namibia.

19. Bitfinex

Bitfinex is a Hong Kong cryptocurrency launched in 2012, it is owned and managed by iFinex Inc.

The exchange offers an advanced trading platform for professional traders to buy, lend, and trade crypto with margin features.

20. FTX

FTX was founded in 2019 and it is operated by Alameda Research; a leading quant firm and crypto liquidity provider.

It is an exchange “built by traders for traders” and it is more suitable for expert traders.

Currently, I cannot find Africa in the list of countries restricted from using the FTX platform.

21. Hodl Hodl

Hodl Hodl is a p2p exchange that uses a multi-sig escrow bitcoin address to facilitate direct transaction between a buyer and seller.

The exchange is completely decentralized and does not require KYC from its users.

22. BTSE

BTSE launched in September 2018, was co-founded by Jonathan Leong and Brian Wong.

It has its headquarters in Dubia and it accepts users from all round the world.

23. Bitit

Bitit is an exchange that facilitates the easy buying and selling of over 30 cryptocurrencies instantly.

The platform was launched in 2015 and headquartered in Paris, France.

At present, Bitit supports the following African countries:

• Senegal, South Africa, Nigeria, Morocco, Mauritius, Mali, Kenya, Ghana, Cameroon, Burkina Faso, Benin.

24. Bitpesa

Bitpesa was founded in Nairobi Kenya by Elizabeth Rossiello in 2013.

It is a blockchain-based company that focuses on borderless payments made to and from Africa.

Far from that, resident in Ghana, Uganda, Tunisia, Nigeria and DRC can buy bitcoin instantly on this platform.

25. Wirex

Wirex is a payment platform that lets you store, transfer and exchange cryptocurrencies and fiat around the globe.

It is was founded in 2014 and it has its headquarters in London, United Kingdom.

The amazing thing about this platform is that it is available to anyone around anywhere.

26. BC Bitcoin

Bc Bitcoin is a broker exchange founded in October 2017 and is managed by a group of expert traders.

It has its headquarters in Broxbourne, Hertfordshire, England.

The exchange has an excellent review on Trustpilot and a very active customer support channel.

However, the platform is not available to users in the following African countries:

• Algeria, Botswana, Ghana, Tunisia and Uganda.

27. BitBay

Bitbay was founded in 2014 by Sylwester Suszek in Poland and is currently managed by BB Trade Estonia OÜ.

The exchange is a popular exchange for Polish traders, but it supports users from across the world.

28. CoinTiger

CoinTiger is a Singapore based exchange launched in 2017.

The exchange is quite impressive, and over 80 cryptocurrencies can be exchanged on the platform.

CoinTiger supports users from all around the world; however, restrictions may apply depending on the local law binding a country.

29. Bithumb

Bithumb founded by Javier Sim in 2014 is a crypto exchange based in Korea.

The exchange is one of the popular exchanges offering a wide range of cryptocurrency services around the world.

30. YoBit.net

YoBit was founded in 2014 and is currently registered in Panama. It is a reputable Bitcoin exchange in Africa.

The exchange has a plethora of coins listed on its exchange and a trading pair of about 8,379 available.

Yobit is a global exchange and did not designate the African countries prohibited from using its exchange.

31. Blockchain.com Exchange

Formerly known as the Pit is crypto exchange created as a trading platform for the Blockchain Wallet.

Blockchain.com Exchange was launched in July 2019, and it claims to be the world’s fastest exchange.

32. Gemini

Gemini was founded in 2015 by the famous Winklevoss twins in the bitcoin space.

The exchange is based in New York, and it currently supports three African countries; Egypt, Nigeria and South Africa.

33. HitBTC

HitBTC founded in Hong Kong by Hit Solution Limited has been around the bitcoin space since 2013.

The exchange has grown to be one of the top crypto exchanges recognized by Coinmarketcap.

Huobi does not specify the list of African countries banned from using its exchange.

However, the local law binding a particular African country may prohibit a user from accessing the platform.

34. Vertex

Among the Bitcoin exchanges in Africa is vertex.

Vertex is a peer-to-peer marketplace for buying and selling cryptocurrencies with 25 payment methods.

The exchange was founded in 2018 by Alessandro Pecorelli, and it is headquartered in London.

Vertex is available in all countries around the world.

35. Shapeshift

Shapeshift was founded in August 2014 by Erik Voorhees, and supported by a team of highly trained individuals.

The company is headquartered in Switzerland and currently has over 100 thousand users across the globe.

You can click here to view if Shapeshift is available in your country via mobile app.

36. Bitstamp

Bitstamp is easy to use and a reputable Bitcoin exchange in Africa.

It was founded in 2011 by Damijan Merlak and Nejc Kodric.

It is one of the oldest exchanges with a solid reputation that supports users from around the world.

Conclusion

Now, to my fellow “African Bitconiers”, this is where I will call it an end for today’s post.

Having explored all these exchanges that will enable you to secure your bitcoins without pilfering your money, I will like to get your reply.

Do you think that with Bitcoin, Africa will leapfrog to a more stable and decentralized financial system?

What do you think about the list and which of the exchanges have you set out to use?

Are there other exchanges that should be included in this list?

I am waiting for your response in the comment section below and don’t forget to share this post to your friends on social media.

Cheers!

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Other Related Articles;

• 10 Best Exchanges to Buy Bitcoin in Cameroon (2020)
•  Best Exchanges To Buy/Sell Bitcoin in Kenya (2020)
• 10 Best Exchanges To Buy/Sell Bitcoin in Ghana (2020)