Binance is a crypto exchange and also the largest exchange in the world in terms of daily trading volume of crypto. Founded in 2017 and registered in the Cayman Islands, the crypto exchange has dominated Africa with Nigeria recording the highest in terms of trading volume despite the crypto ban.

Binance said the volume of P2P transactions in Africa went up by 386.93 per cent in just four months with Nigerians topping th charts. The world’s largest and most used crypto exchange saw its P2P user base in Africa grow by 2228.21 per cent within the same period.

Despite the adoption of Binance by Nigerians, The crypto exchange has failed woefully in handling customer issues. It has gotten so bad that frustrated Nigerians who have lost their assests on the platform as a result of account suspension and freezing, without reasons nor prior warning are currently accusing the Crypto exchange of being fraudulent.

Here are some alternatives to Binance:

1. BUYCOINS AFRICA

Buycoins kick-starts your journey into the open global financial system. It enables users to trade cryptocurrency instantly and Users can buy/sell cryptocurrency directly via the app without going through the stress of searching for traders to buy from or sell to.

Features
Earn up to 12% interest by locking your crypto savings for a period of time.
Zero transaction fees
Fund your account with your Naira debit card and conviniently buy Bitcoin, Ethereum, USDT and other cryptocurrencies.
World class customer service.




2. PATRICIA

Patricia allows you to buy or sell crypto of any value, you can as well store them in Local Currency Wallet and smoothly switch between the two for everyday transactions like airtime, data and cable subscriptions. It has over 100,000+ downloads on google play-store.

Features
Fiat and Bitcoin/altcoins wallets
Virtual and physical debit cards
Receive crypto via your Patricia Bitcoin wallet
Multiple assets support
Buy/Sell Gift Cards




3. QUIDAX

Quidax is an African-focused cryptocurrency exchange that makes it easy for you to buy, sell and store Bitcoin and altcoins, It's not just a cryptocurrency exchange. It's a movement of people who believe that access to cryptocurrency products should be easy. Quidax has 100,000+ downloads on Playstore.

Features
You can deposit in Naira, withdraw and trade currency pairs.
You can Trade Bitcoin, Ethereum, Litecoin, and XRP with Naira on Quidax using market and limit order.
Secure wallet for our crypto assets
Instant withdrawal.
0% Maker trading fee.
Customized API that supports third-party integration for automated trading




4. PAXFUL

With Paxful, you can buy Bitcoin in Nigeria with ease using your debit card, bank transfers, M-Pesa, MTN mobile money, etc. Paxful is a peer-to-peer fintech platform built to provide equal access to anyone, anywhere. Paxful enables financial inclusion by giving access to nearly 400 different payment methods to buy, sell, and trade Bitcoin and other digital currencies

Features
Suports peer to peer(p2p) trading
Easy to use trading interface
Zero fee for buying Bitcoin on Paxful
Robust and World class customer support system, unlike Binance
over 300 payment methods available




5. LUNO

Luno is an independent operating subsidiary of Digital Currency Group, founded in 2013, Luno has been in cryptocurrency for almost as long as Bitcoin with over 21billion dollars in processed transactions. Luno's crypto wallet and trading exchange provides a safe and secure platform to buy Cryptocurrencies. With over 7M customers in 40+ countries, Luno has a global team of over 350 dedicated professionals that are always on hand to simplify your crypto journey. It has over 5M+ downloads on google Playstore.

Features
Robust customer support system, unlike Binance
Instant Payment & Withdrawal.
Save and earn up to 7.6% APY Interest on your Crypto.
Available on web, iOS or Android.
0% trading fee.


Source: https://reloadnaija.com/5-alternatives-to-binance-for-nigerians/

dominique, mukina2

OP, what's your opinion on Busha, please?

Which of these platforms don't need my international passport or voter card ,or national I'd card because I don't have any

ChemicalReaction:
OP, what's your opinion on Busha, please?

One of the Best Cryptocurrency Exchange in Nigeria

You could also add Paybiz

Please as a Nigerian, how do I invest in luno now and don't loose my money? In other words, how do I buy and how do I see with luno putting into consideration the ban of crypto in naija

Google is your friend