Buying and selling Bitcoin has become quite popular in Ghana thanks to the growing price of cryptocurrencies. Currently, Bitcoin is a digital currency that is just like Ghana Cedi(GHS) money that Ghanaians can purchase goods via it. People can also treat Bitcoin as a coin-based form of wealth, decide to hold and store it in the digital wallet.
Due to the increasing demand for Bitcoin, there are several bitcoin platforms in Ghana that allow users to buy bitcoin with GHS. Some crypto marketplaces request users to blind bank account and deposit GHS to their platforms before buying bitcoin. It is not a safe way for new users to buy bitcoin. Instead, CoinCola P2P makes it safe and easy to buy and sell Bitcoin in Ghana. CoinCola is a peer-to-peer(P2P) bitcoin trading platform, which means that you can buy bitcoin directly from another user holding bitcoin on the same platform. The behavior of exchanging Bitcoin and GHS only happens between both sides. At the same time, CoinCola plays an intermediary role and protects both seller and buyer. As a result, converting GHS to Bitcoin has become very simple and safe.
Mobile Money payment method
Another main problem: Payment method. Many new Ghanian users generally don’t know how can they pay to buy bitcoin. Actually, Mobile Money is the most popular payment method in Ghana, which allows users to send and receive money with their mobile number. Because of its convenience, residents in Ghana are willing to make business deals with mobile money. Meanwhile, there are various Mobile Money payment methods in Ghana, including MTN Mobile Money, Chipper Cash, Vodafone Cash, Airtel Money, and Tigo Cash.
Fortunately, CoinCola allows users to buy Bitcoin with Mobile Money. CoinCola not only supports MTN Mobile Money payment but also other Mobile Money payments for GHS peer-to-peer(P2P) trading. Besides buying and selling bitcoin with GHS on CoinCola, users can also trade ETH, USDT, and LTC at zero transaction fees.
In this piece, we will explore the steps to buy Bitcoin with MTN Mobile Money on CoinCola.
How to buy bitcoin with MTN Mobile Money on CoinCola?
You ought to create a CoinCola account with your email or mobile number to get started. After that, you can open an order to buy bitcoin immediately. If you are worried about the loss, suggest you buy a little bitcoin for an attempt at your first trade. The minimum purchase can be only 10 GHS.
Step1: Go to the OTC page and select the country of “Ghana”, click “Buy” or “Sell”.
Step2: Find one vendor to trade with. You can get some information from their ads. Here make an explain: Trades is the recording of his history trade times. The rating means the vendor’s evaluation rate, which is shown their trustable. The highest rating is 100%. Limits are the range of transaction amounts. For instance, limits 10–1,261 GHS that mean you can buy at least 10 GHS or at most 1,261 GHS with this vendor. Moreover, from the payment icon image, we know the vendor allow to pay with MTM Mobile Money and Chipper Cash.
Step3: Before creating an offer you can contact the vendor to make sure he’s online. After that, you need to put in the purchase amount depending on yourself. The vendor will send you his received account. So you ought to pay with Mobile Money. Once the vendor receives payment, he will release the bitcoin to your CoinCola wallet. Don’t worry that the vendor will not release bitcoin to you. While you pay and mark “Paid”, the Bitcoin is hosted in CoinCola. If the bad thing happens, you can open a dispute for help and the CoinCola moderator will release the bitcoin to you.
The whole transaction will complete following the 3 steps above.
Giveaways for New users in Ghana!
At present, users who sign up and complete one trade can get 60 GHS, which is only for new users in Ghana.
Due to popular demand, CoinCola has extended the promotion of Trade Gift Card or Bitcoin on CoinCola to Earn 60 GHS until 2021/09/30 00:00 UTC.
Download CoinCola App and trade instantly