For the reason that launch of Bitcoin, the rise of cryptocurrencies as an asset class has taken the world by storm. Nations are rolling out laws, and businesses are increasingly accepting it as payment.
Right here in Ghana, we didn’t miss the bus. We commerce Bitcoin, personal it, use it for funds, and put money into it.
As a number one crypto market in Africa, Ghana has seen a surge in crypto exchanges and platforms rising, which is why we’ve taken the time to kind via the noise and produce you the highest 5 most dependable and reliable platforms to transform Bitcoin to Cedis.
The way to Select a Bitcoin-to-Cedi Platform in Ghana
Listed below are among the key options and components that make a platform nice for changing Bitcoin to Cedis in Ghana.
Regulatory compliant
Rules exist to guard customers, particularly in relation to monetary platforms the place hard-earned cash is concerned. All the time follow platforms which might be licensed and permitted by the suitable authorities.
Seamless KYC and Onboarding
A great crypto platform sign-up and KYC course of must be easy, permitting customers to confirm with a government-issued ID, driver’s license, or passport.
Aggressive Trade Charges
Bitcoin is often priced in US {dollars}, so the alternate fee a platform makes use of determines how a lot your BTC is value when transformed to Cedis. The nearer the speed is to the market fee, the higher.
Quick Withdrawals and Low Charges
Your cash must be in your checking account in a matter of minutes with none hiccups or points and all the time go for a platform that’s clear with its charge construction.
The Finest 5 Platforms to Convert Bitcoin to Cedi
- Breet
- Paxful
- Binance
- Bybit
- Yellow Card
1. Breet
Breet stands head and shoulders above the remainder as essentially the most excellent platform for changing Bitcoin to Cedis in Ghana.
Designed for quick crypto-to-cash transactions, Breet helps over 40 cryptocurrencies, together with Bitcoin (BTC), Ethereum (ETH), USDT, USDC, and Solana (SOL).
Customers can withdraw funds on to their financial institution accounts, MTN or Airtel Cellular Cash, or Vodafone Money wallets
Better of all, Breet eliminates the necessity to cope with P2P retailers and the dangers they pose. Every thing is automated, the alternate charges are aggressive, and there are zero transaction charges.
The way to Convert Bitcoin to Cedis in Ghana Utilizing Breet
Breet is likely one of the best and quickest platforms if you wish to sell Bitcoin in Ghana and convert Bitcoin to Cedis. Right here’s a easy step-by-step information:
Step 1: Signal Up
Obtain the Breet app from the Google Play Retailer, iOS App Retailer, or use the web site and create an account.
Step 2: Confirm Your Identification
Full KYC by importing a sound ID. This step is necessary earlier than you may convert crypto.
Step 3: Deposit Bitcoin
Navigate to BTC or seek for Bitcoin within the app and duplicate your distinctive pockets handle. Ship your BTC to this handle and your stability will routinely convert to Cedis once you obtain the BTC.
Step 4: Withdraw your Money
Add your financial institution or cell cash particulars below the “Financial institution Particulars” part. Faucet “Withdraw” to obtain your funds and get credited inside 5 minutes.
2. Paxful
Paxful is a peer-to-peer (P2P) platform that connects patrons and sellers, permitting customers to transform Bitcoin to Cedis by negotiating immediately with patrons.
The platform makes use of an escrow system to assist shield each events in the course of the commerce, and the cost possibility you used relies on the customer.
Limitations:
- Some patrons could also be unverified and unreliable
- The time it takes a transaction to be accomplished relies on the customer and vendor
3. Binance
Binance brings Ghanaians a world crypto buying and selling expertise, and customers can convert Bitcoin to Cedi via its peer-to-peer (P2P) platform.
Limitations:
- Some P2P retailers are unreliable
- No direct to financial institution or MoMo withdrawals
4. Bybit
Bybit can also be a preferred crypto alternate amongst crypto nomads in Ghana it providing a listing of over 400 tokens, together with Bitcoin. Customers can convert their Bitcoin to money in Ghana through Bybit’s P2P.
Limitations:
- Some P2P retailers on Bybit might record unusually excessive charges to draw customers, probably deceptive these unfamiliar with market costs and placing them susceptible to scams.
5. Yellow Card
Yellow is an African-focused crypto buying and selling platform that permits customers in Ghana to transform their Bitcoin to Cedis.
Limitations
- Transaction delays
- Sluggish app
- Verification delays and points throughout KYC
Conclusion
Whether or not you’re a seasoned dealer or a first-time consumer, changing Bitcoin to Cedis in Ghana must be quick, safe, and stress-free. With the correct platform, you keep away from delays, hidden charges, and dangerous peer-to-peer interactions. That’s why we’ve fastidiously reviewed and highlighted the highest 5 choices you may belief.
