Does Africa buy and sell of Crypto on the increase?

[MadEth]

I think Africans are embracing the crypto market really good because i see lots of push for the crypto market in the area
and people really using it to create more market opportunities for the region.

Do you think there is a reason why Africans really strong play for crypto market?

for the otc buy and sell for BTC ETH EOS USDT I use otc.hbg.com it has 0% commission on all trades on the platform.

tell me what you think

[manggis97]

Bitcoin and others crypto is global market so anyone in the world have access to buy it,  although some country banned crypto  but there are alot of others country regulated crypto market. When people know price of Bitcoin  in 2010 and current price,  everyone will interesting to buy because promising high return.  I found there are alot of blockchain project from Africa , so that mean crypto market already booming in Africa. 

[marcbitcoins]

Like the other nations then probably Africa has already become fully literate on how crypto currency will work making many of them to become attracted to join the invesments resulting to significant increase of the crypto users in that area. Hopefully the other nations too so that the crpto market will become more stable in the future.

[semobo]

I think Africans are embracing the crypto market really good because i see lots of push for the crypto market in the area
and people really using it to create more market opportunities for the region.

Do you think there is a reason why Africans really strong play for crypto market?

for the otc buy and sell for BTC ETH EOS USDT I use otc.hbg.com it has 0% commission on all trades on the platform.

tell me what you think

How did you find that? Or you just saying that because of trading platform?

Maybe there are crypto adoption but I don't think it causes the prices to increase.

[crwth]

How did you find that? Or you just saying that because of trading platform?

Maybe there are crypto adoption but I don't think it causes the prices to increase.

I think it's a way to have more visits to that certain exchange/trading platform that the OP is including.

I hope the OP could provide a news source or something factual that could correlate to his conclusions. I'm just curious also to what extent is Africa capable of usage of crypto, I think with the majority of 35% of internet users, I think they could really apply cryptocurrency as a form of payment. The real application begins.

https://www.internetworldstats.com/stats1.htm

[mrdeposit]

I think Africans are embracing the crypto market really good because i see lots of push for the crypto market in the area
and people really using it to create more market opportunities for the region.

Do you think there is a reason why Africans really strong play for crypto market?
tell me what you think

It is not just about Africa. Now, globalization is spread all over, and if you have the Internet, this is enough for everything. The thing I know about Africa is golix exchange and there is no volume, and also digital moneys regarding gold. 

[topkhai]

~snip

Maybe to encourage improvements in the financial system. With several entities that have the power to control money supply, this system tends to benefit the elite. And while the benefits of crypto will affect everyone, there is a much greater need for a revolution in africa.
Financial inclusion lacked on african continent makes it difficult to access financial services, some basic functions such as fund transfers are quite expensive. In fact, remittances to africa are the most expensive in the world according to world bank, almost two times more expensive than asia which is ranked second.

[Jating]

Just like any other struggling nations that chooses to accept crypto, the whole of Africa looks at crypto as a means to help them alleviate their life because we all know there the continent has a lot of problems.

For those who are interested to see their localbitcoins activity:

https://coin.dance/volume/localbitcoins/ZAR/BTC

And they are very consistent since the December peaked, good indication that they are really into bitcoin as of the latest (even if we're into the longest bearish trend).

[hugeblack]

I think Africans are embracing the crypto market really good because i see lots of push for the crypto market in the area

Relying on the daily volume on the platforms does not give us accurate figures on the use of cryptos in African countries.
The real measure is the number of crypto-related activities in those countries. The figure appears to be increasing, which is a sign of the growth of the cryptocurrency sector in African countries.

Do you think there is a reason why Africans really strong play for crypto market?

Yes, cheap resources that require more investment to blow them up.

You can get more information using this map ----> https://coinatmradar.com/
also, Bitcoin ATMs in some African countries ----> https://coinatmradar.com/charts/geo-distribution/

[el kaka22]

I love these "subtle advertisement" topics, look at the discussion, it is a proper one and really shows that people actually respond to it, and than look at the advertisement beneath that, looks so cheap, like African crypto is actually a good discussion one that needs to be talked about but the whole reason why it was started was to show off a new website that is it. It disgusts me.

Africans are not living in some uneducated undeveloped place, I don't know what people think of Africa and tribes comes to their mind, if that was the case there are still a lot of homeless tribal people in Latin america as well and even in many Asian places like India and china, but those countries have developed cities with people who wear suits and go to work with their laptops and iphones and what not and so does Africa. Crypto is not something different in Africa than it is in Asia or Europe or wherever.

[Hivalley]

Africa aren't doing things differently on the cryptocurrency market,crypto is being embraced all over and not just in Africa,probably you could have backed up your say with facts.
Though the rate of poverty is high in Africa than probably in Europe or in the Middle East,the use for cryptocurrency hence could be different in the both areas,in Africa cryptocurrency could be regarded as solely a way out of poverty and a get rich quick scheme.etc
But the culmination of the whole matter remains that there is no special feature about crypto in Africa than it is in other parts of the world

[logfiles]

for the otc buy and sell for BTC ETH EOS USDT I use otc.hbg.com it has 0% commission on all trades on the platform.

tell me what you think

The website you even just shared supports only 2 African currencies for OTC buy and Sell. That's the Nigerian Naira and South African Rand. How ironical.
To you does this really look good for Africa? A continent with 50+ countries?

[Gozie51]

for the otc buy and sell for BTC ETH EOS USDT I use otc.hbg.com it has 0% commission on all trades on the platform.

tell me what you think

The website you even just shared supports only 2 African currencies for OTC buy and Sell. That's the Nigerian Naira and South African Rand. How ironical.
To you does this really look good for Africa? A continent with 50+ countries?

Sure it is not a very good one but considering the level of inefficient internet connectivity, I think the continent is growing in the awareness. Soon more countries could join.

[sedahan13]

Africa is welcome for crypto so that why Binance launched Binance Uganda exchange that offer trading pair crypto with fiat. I think later more country in Africa become more friendly with crypto and blockchain technology because they get benefits from it. Not only in Africa crypto market will keep bigger in others country like in Asia, Europe, Australia, America. So crypto is global market and very possible to be multi trilliun dolar market.

[sheenshane]

Africa is welcome for crypto so that why Binance launched Binance Uganda exchange that offer trading pair crypto with fiat. I think later more country in Africa become more friendly with crypto and blockchain technology because they get benefits from it. Not only in Africa crypto market will keep bigger in others country like in Asia, Europe, Australia, America. So crypto is global market and very possible to be multi trilliun dolar market.

Yes, In addition. Africans worked really hard for them to take advantage of cryptocurrencies. Since Bitcoin is a global coin and used by the people around the world, Africans had chances to take advantage of it and do their best for the bitcoin/cryptocurrencies to give them alternatives to be successful.  Africans began to join bitcoin because they saw a lot of potential and their country is still growing and really open for development.

[Vaskiy]

Africans were much aware of cryptocurrencies, out of the same they use it much on trading and marketplace needs. Recently cryptocurrency have increased marking a change on the global crypto market. Even for small business needs Africans used bitcoin because to avoid carrying big volume of currencies that were under inflation.

[akram143]

I think Africans are embracing the crypto market really good because i see lots of push for the crypto market in the area
and people really using it to create more market opportunities for the region.

Do you think there is a reason why Africans really strong play for crypto market?

for the otc buy and sell for BTC ETH EOS USDT I use otc.hbg.com it has 0% commission on all trades on the platform.

tell me what you think

definitely it will be filled up with all over the world company also used by the people but who are using in any situation and any place there's no need of anything without investment and effort if you have that you will be success in all kind of places also.

[fudster]

Given that they do have access to an asset like BTC, they certainly will be buying. Countries in Asia and some other 3rd world users are buying so there is no one is prohibiting Africans from investing in crypto.

Africans were much aware of cryptocurrencies, out of the same they use it much on trading and marketplace needs. Recently cryptocurrency have increased marking a change on the global crypto market. Even for small business needs Africans used bitcoin because to avoid carrying big volume of currencies that were under inflation.

There must be a market there as there is in any country which I guess cryptocurrencies like BTC is popular enough.

[mersal]

I think Africans are embracing the crypto market really good because i see lots of push for the crypto market in the area
and people really using it to create more market opportunities for the region.

Do you think there is a reason why Africans really strong play for crypto market?

for the otc buy and sell for BTC ETH EOS USDT I use otc.hbg.com it has 0% commission on all trades on the platform.

tell me what you think

cryptocurrency are using globally by all the people so it can be definitely used in all over the world so the people in Africa are also using it but it will be a guest for me but not 100% sure people will using it in Africa.

[Idrisu]

I think Africans are embracing the crypto market really good because i see lots of push for the crypto market in the area
and people really using it to create more market opportunities for the region.

Do you think there is a reason why Africans really strong play for crypto market?

for the otc buy and sell for BTC ETH EOS USDT I use otc.hbg.com it has 0% commission on all trades on the platform.

tell me what you think

Africa are really using cryptocurrencies and by visiting remitano you will find many transactions that are going on daily.  Africa is going to be the hub of cryptocurrencies market in the future as many countries has fully embrace it and some have adopted it into some business cycles.