Crypto exchange Binance has released a new feature called One Click Buy and Sell (OCBS) for its users in Africa.
The new feature allows seamless buy and sell of crypto with fiat through mobile money accounts in Ghana, Tanzania, Uganda, and Zambia.
This initiative aims to enhance financial inclusion, particularly for the unbanked and underbanked populations
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Buy and sell crypto in Ghana, Tanzania, Uganda and Zambia.
The service was earlier announced last week, but now, it has expanded to these four countries in Africa. The new service will allow the users from this region to buy or sell crypto using mobile money accounts.
“The integration of mobile money into our global fiat on-ramp/off-ramp offering, developed in partnership with Transfi, marks a significant milestone in our efforts to simplify and broaden access to digital assets,” Binance
Who can use the One Click Buy and Sell:
Users from this region can now utilize the new One Click Buy and Sell (OCBS) feature by updating their mobile app. Also users will be required to pass Know Your Customer (KYC) verification process to enjoy this new feature.
Binance ensures the safety of its users by allowing all users to be regulatory complaint and verify their identity following the regulatory standards.
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