Binance, a blockchain and cryptocurrency infrastructure provider has expanded access to cryptocurrency in Africa, as it is now allowing users in Benin, Cameroon, Ivory Coast, Democratic Republic of Congo (DRC), Togo and Senegal to purchase crypto directly through mobile money payments enabled through local partnerships.
This new move sees Binance providing access to cryptocurrency for users across the continent, creating financial inclusion.
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Samantha Fuller, Spokeswoman for Binance says “We remain focused on advancing financial inclusion and delivering user-friendly solutions for crypto adoption across Africa. This expansion into West and Central Africa is a significant step in our mission to increase crypto adoption, providing millions of people with more direct access to the global digital economy”.
This new service currently supports only BUY transactions, further simplifying the entry point for new crypto users in these regions, while providing them with a platform to acquire digital assets.