This archive report was first published on 27 July 2021.
Established in 2015, Paxful is one of the biggest and most trustworthy P2P bitcoin exchanges in Africa, providing over 300 payment methods and a trading fee of 1%.
With its user-friendly interface and competitive prices, Binance P2P has become a popular choice for bitcoin traders in Nigeria, Kenya, and South Africa, with plans to expand across the continent.
Local Bitcoins is a safe and transparent option, requiring KYC verification for all users and charging a 1% trading fee, but with a lower accessibility rate due to strict requirements.
Remitano, launched to serve the South African and Nigerian markets, operates in 13 countries and supports 15 different cryptocurrencies, including Ethereum and Litecoin, with a 1% trading fee and no complicated paperwork.
Hodl Hodl, founded in 2013, is a successful P2P bitcoin exchange with a strong presence in Africa's crypto market, offering 30-plus payment methods and no strict KYC policy.