Binance expands cryptocurrency access in West and Central Africa

Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, is enhancing its commitment to financial inclusion by enabling users in Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo (DRC), Togo, and Senegal to purchase cryptocurrencies through mobile money payments. This new functionality is made possible through local partnerships, allowing for a more straightforward entry into the cryptocurrency market.

The integration of mobile money payments marks a significant advancement for Binance, reinforcing its vision of providing secure access to digital assets across Africa. Currently, the service supports only BUY transactions, simplifying the process for new users in these regions while ensuring a reliable platform for acquiring cryptocurrencies.

Samantha Fuller, Spokeswoman for Binance, stated, “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 announcement follows a similar rollout in Ghana, Tanzania, Uganda, and Zambia just two months prior. Despite facing challenges in Nigeria—the continent's largest crypto market—Binance continues to push forward with its initiatives aimed at democratizing access to cryptocurrency.

With this latest development, Binance aims to empower millions across West and Central Africa by providing them with easier access to the digital economy through secure transactions.