How to buy bitcoin in Ghana via mobile money
What is Bitcoin?
Bitcoin and other cryptocurrencies have become a hot topic in the financial world, and more and more Ghanaians are showing interest in buying Bitcoin with Mobile Money, also known as MoMo. If you're one of them, you're in luck! In this post, we'll show you how to buy Bitcoin in Ghana using MTN Mobile Money, Vodafone Cash, and AirtelTigoCash.
First, let's start with the basics. Bitcoin is a digital currency that operates independently of banks or government oversight. It's virtual, meaning it's not paper or coin-based. Cryptocurrency, like Bitcoin, allows us to send money securely and instantly across the world with low fees.
What is Bitcoin Wallet?
On a practical level, a Bitcoin wallet is a device or program that is used to send and receive bitcoins. The term wallet can be a little confusing for people new to Bitcoin and crypto. A physical wallet is used to store physical currency, however, a Bitcoin wallet does not store bitcoins within it. Before you can buy Bitcoin with mobile money, you'll need a Bitcoin Wallet. There are many options available, but we recommend c-Exchange Wallet and other cryptocurrency wallets for the best results. Once you've added money to your mobile cash wallet, you'll need to find a Ghanaian Bitcoin exchange that accepts mobile money.
How to buy bitcoins in Ghana with mobile money?
With so many Bitcoin exchanges in Ghana, it's important to consider ease of use, speed, and exchange fees before choosing one. We highly recommend c-Exchange for buying and selling Bitcoin using Peer-to-Peer (P2P) trading, for Bitcoin, USDT (Tether), and others.
Once you've signed up for c-Exchange, you can follow these instructions to buy Bitcoin, and sell Bitcoin. For the purposes of this article, we'll be using the c-Exchange app to explain the following processes.
How to Buy or Sell Bitcoin Directly With Mobile money on c-Exchange?
By following these steps, you'll be able to buy Bitcoin with mobile money in Ghana quickly and easily. Happy investing!
Are you interested in buying or selling Bitcoin directly with mobile money? Look no further than c-Exchange! Here's a step-by-step guide to help you navigate the process:
1. Start by clicking on the 'Buy or Sell' button to trade directly with c-Exchange.
2. Next, select Bitcoin from the top left selective.
3. From there, select the option to buy or sell with the payment method. ( MTN MoMo or Vodafone Cash )
4. Click on the preview button to start the trade.
5. Enter the amount you want to buy or sell. then write your message in the "Message Box" after that click on the 'Send Trade Request' button to initiate the trade.
6. Make your payment to the mobile money number or bank details provided (and don't forget to share the payment transaction ID in the chat box!).
7. If you're selling, make sure your Bitcoin is in your c-Exchange account before initiating the sell transaction.
8. Double-check that your payment details (mobile money number) are correct.
9. Follow the instructions in the trade chat to complete the process.
But what if you need to send Bitcoin to a Bitcoin Wallet? Here's how:
1. Click on the wallet button.
2. Choose BTC from the selective.
3. Select the 'withdraw' button to proceed.
4. Now copy and paste the address from your source.
5. Enter the amount you want to withdraw.
6. Click on 'Submit' to complete the process.
With these simple steps, you'll be well on your way to buying, selling, and sending Bitcoin with ease. Happy trading!
How to Sell Bitcoin on P2P Market by Creating an Offer
Selling Bitcoin on a P2P market can be a daunting task, but with c-Exchange, it's a breeze. Here's how to do it:
1. Deposit Bitcoin into your c-Exchange wallet.
2. Click on 'Advertisement' and then the Ads button.
3. Select 'Sell'.
4. Choose your preferred payment method, select the currency, and enter an amount.
5. Type in your preferred rate. ( Margin or Fixed price )
6. Click 'Preview'.
7. A chat interface will be opened between the seller and buyer to negotiate and accept trade terms before proceeding with payment.
8. A message is sent to the seller to alert that Bitcoin is withdrawn to an escrow, and the buyer will make payment.
9. A message will be sent to the buyer to request payment.
10. After making the payment, the buyer clicks on the 'I have paid' button to alert the seller.
11. An alert is then sent to the seller to modify the payment that has been made by the buyer.
12. The seller clicks on the payment button to release Bitcoin to the buyer.
13. A success message is sent to both the buyer and seller to confirm that the Bitcoin transaction was successful.
How to Receive Bitcoin to Your Bitcoin Wallet?
Receiving Bitcoin is just as easy. Here's how:
1. Click on the wallet button.
2. Click on 'RECEIVE' to generate a Bitcoin address.
3. You can screenshot the barcode or copy the Bitcoin address and share it with the Bitcoin sender.
