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Bitcoin Peer-to-Peer Trading in Africa

In the last three years, the popularity and awareness of Bitcoin peer to peer trading has continued to grow within the African continent. Hence, leading cryptocurrency exchange platforms such as Localbitcoins, Binance Uganda, Paxful, and Localcryptos all aiding purchase and selling of Bitcoin among others have their eyes set on Africa. It is now emerging the continent’s peer-to-peer transactions are ballooning and taking on leading markets renowned for being huge on Bitcoin transactions. For instance, in May 2020, Africa marched past Latin America to occupy second place in terms of P2P trading volume just behind North America, according to data…

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