Binance has expanded its services in West and Central Africa by launching mobile money payments in six countries in the region.
New Countries for Mobile Payments
Binance announced the launch of its mobile payment services in Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo, Togo, and Senegal. This expansion aims to simplify access to cryptocurrencies in the region.
Convenience for Users
Crypto enthusiasts in these countries can now purchase cryptocurrencies directly through mobile money payments. This initiative aims to enhance financial inclusion through local partnerships.
One Click Buy and Sell Service
Binance's initiative is part of its One Click Buy and Sell (OCBS) service, which was introduced in African countries in August. Initially, the program covered Ghana, Tanzania, Uganda, and Zambia and has now expanded to a broader region.
Binance's expansion in Africa signifies the platform's intent to strengthen its presence on the continent by providing more accessible crypto access through mobile payments.