By Etienne Mainimo Mengnjo
Binance, a global leader in blockchain and cryptocurrency infrastructure, has furthered its commitment to innovation and broader cryptocurrency accessibility in Africa.
Through local partnerships, users in West and Central Africa, specifically Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo, Togo, and Senegal, can now purchase crypto directly using mobile money payments.
“Binance remains dedicated to advancing financial inclusion and providing user-friendly solutions for crypto adoption across Africa,” said Samantha Fuller, a Binance spokesperson.
She added, “This expansion into West and Central Africa is a significant step toward our mission of increasing crypto adoption, offering millions more people direct access to the global digital economy.”
Currently, this new service supports only BUY transactions, simplifying the entry point for new crypto users in these regions and offering a reliable, secure platform to acquire digital assets.
Experts believe this new feature strengthens Binance’s commitment to providing simple and secure cryptocurrency access for users across the continent, reinforcing the platform’s vision of financial inclusion.
According to the firm, this move is fully aligned with Binance’s vision of promoting financial inclusion in Africa. By enabling mobile money payments, the platform aims to significantly overcome barriers to entry for potential crypto users.
Mobile money is widely used in many African countries, providing a convenient and accessible way for people without traditional banking services to participate fully in the digital economy.
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, offering a comprehensive suite of financial products, including the largest digital asset exchange by volume.
Trusted by millions worldwide, Binance is dedicated to increasing financial freedom for users and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.