Cameroon has seen a surge in interest in bitcoin and other cryptocurrencies in the last few months. In this article, we explore the best method to buy bitcoin in Cameroon.
Bitcoin is a digital currency that was created in 2009 and has become extremely popular around the world. If you would want to understand bitcoin further, you should read our Bitcoin Explained To Newbies article.
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Before you buy bitcoin anywhere around the world, you will need a wallet to store or keep your bitcoin. For this article, we recommend Trust Wallet or Exodus Wallet for mobile and desktop users.
Buying bitcoin in Cameroon is easier than it used to be. You can buy bitcoin on Paxful and Pursa in Cameroon. Here is a more detailed breakdown of how to buy bitcoin in Cameroon:
Paxful
Paxful is the largest peer-to-peer cryptocurrency trading platform in Africa. Paxful is heavily used in Nigeria, South Africa, Ghana, and recently Cameroon.
The trading platform connects bitcoin buyers and sellers in Cameroon together on a secure platform that minimizes risks.
Paxful allows you to buy bitcoin with the Central African CFA Franc (XAF) using Orange Money, MTN Mobile Money, Western Union, and bank transfer.
You can follow this quick tutorial to purchase bitcoin on Paxful in Cameroon.
How To Buy Bitcoin in Cameroon on Paxful
1. Sign up on Paxful.com
2. Enter the amount of Bitcoin you intend to buy.
After creating an account on Paxful, you can now place your order to buy bitcoin. You can visit paxful.com/buy/bitcoin/cameroon directly to find various offers from people selling bitcoin in Cameroon.
Or you can use your main dashboard to place an order. On the main panel, select Central African CFA Franc (XAF) as your currency.
After that, enter the amount of bitcoin you want to buy and click “Search Offers.” After this, all offers that fit the amount you want to buy.
Now, you can select your preferred offer based on the price and payment option. Click “Buy” and send funds to receive your bitcoin in your Paxful wallet.
Paxful has a broader range of accepted payment options, making it one of the best options for buying bitcoin in Cameroon.
Pursa
Pursa is another bitcoin trading platform in Cameroon. On Pursa, you can buy bitcoin with Central African CFA Franc (XAF) with bank transfer, bank cards, WorldRemit, orange money, and western union.
The platform is one of the first bitcoin exchanges in Cameroon. Further, Pursa also supports over 200 countries, including almost all African states.
To buy bitcoin, follow our tutorial below.
How To Buy Bitcoin on Pursa in Cameroon
- 1. Sign up on Pursa
- 2. Navigate to buy bitcoin
- 3. Enter your amount
- 4. Make your purchase
Pursa is also a good option for buying bitcoin in Cameroon. The instant feature on the site makes purchasing bitcoin very fast, even though it comes with higher fees.
We will update this page often as and when more feasible ways to buy bitcoin in Cameroon are launched.
If you have tried any of these platforms or have recommendations, leave your thoughts in the comment section below.