Africa has been in crypto markets majorly as cryptocurrency miners rather than traders. However, an economic revolution is starting because now people from Africa are indulging in crypto trading. The main evidence is that exchanges like Paxful are receiving massive traffic on their website from Nigerian traders. Today, we will see crypto exchange platforms that cater to high-class features for people residing in Northern Africa.

Summary (TL;DR)

• Africa is the land of an emerging crypto trading market. However, due to the ban in the Northern Africa, traders need a platform with P2P services.
• Our top five picks are- BuyCoins, Coindirect, LocalBitcoins, Luno, and Remitano.
• BuyCoins offers instant buy/sell and P2P services. Users can earn interest as well by locking their funds. However, it is only operational in Nigeria.
• Coindirect extends options for international payments, OTC Desk apart from P2P service and crypto trading for over 40+ crypto assets.
• LocalBitcoins is the largest crypto trading platform for Bitcoin P2P trading. Furthermore, it is secure, quick, and reliable.
• Traders need to be cautious to prevent scams when using Coindirect or LocalBitcoins.
• Luno is an advanced trading platform and provides high-class security.
• Further, Remitano is a portal that offers a diverse range of services to its users and allows swap and margin trading as well.
• All the platforms provide P2P trading and give their users 2-FA and Escrow-based security at a minimum.

5 Best Exchange in Africa

There are numerous exchanges available from which we have picked the best five platforms to leverage the best trading experience. We will be discussing their features/ services, fee structure, and pros and cons.

1st Best Crypto Exchange in Africa: BuyCoins

What is BuyCoins?

BuyCoins is a platform for an instant cryptocurrency exchange that allows buying, selling, trading, and storing crypto. It is only operational in Nigeria. However, it extends various services for crypto traders. You learn more about the platform from the BuyCoins review.