This post covers how to trade Bitcoin In Ghana. How to buy and sell Bitcoin in Ghana. Everything you need to know.
Since we are now in a digital world, every person must at least has a piece of cryptocurrency, especially Bitcoin because the rate of how it’s rising is overwhelming.
Bitcoin is the first and most expensive cryptocurrency in the world, currently priced around 39,488 USD per coin, translating to 236,179 Ghana cedis as of July, 29, 2021. Meanwhile, somewhere last year, October 1, 2020, Bitcoin was just around 10,576 USD, fast-forward, April 12, 2021, Bitcoin jumped to 63,558 USD per coin.
Those who have been monitoring Bitcoin know that the price is not stable, it’s always up and down, the price can drop up to 45% and the price can be increased up to 600% because jumping from 10,576 USD to 63,558 USD is almost 600%.
If you invest your money into Bitcoin, the possibility of gaining profit is 90% and the possibility of running loss is around only 10% because according to Bitcoin experts, anytime Bitcoin hit a certain target and dropped, it will definitely surpass the target before the end of the year, so Bitcoin is expecting to surpass 63,000 USD before the end of 2021.
Few people who understand the value of Bitcoin in Ghana have invested in the cryptocurrency. So what are you waiting for and still not owing a piece of a Bitcoin with is expecting to increase about 100% before the end of 2021.
Twitter CEO Jack Dorsey confirmed to investors that bitcoin will be a “big part” of the company’s future, as he sees opportunities to integrate the cryptocurrency into existing Twitter products and services, including commerce, subscriptions and other new additions like the Twitter Tip Jar and Super Follows.
Dorsey has been a staunch bitcoin advocate for years, but how it would be put into action on Twitter’s platform had not yet been spelled out in detail. However, Dorsey has often publicly touted the cryptocurrency, saying it reminds him of the “early days of the internet” and that there wasn’t “anything more important” in his lifetime for him to work on.
More recently, Dorsey launched a $23.6 million bitcoin fund with Jay-Z and announced plans to lead his other company Square into the decentralized financial services market by way of bitcoin. Square also this year acquired a majority stake in Jay-Z’s TIDAL music service, with an eye toward how blockchain technologies and cryptocurrencies could change the music business.
Today, Dorsey also dubbed bitcoin one of three key trends for Twitter’s future, along with AI and decentralization — the latter which Twitter is pursuing through its “Bluesky” initiative.
He touted bitcoin to investors on Twitter’s second quarter earnings call, saying it could help the company move faster in terms of its product expansions, while explaining that it was the “best candidate” to become the “native currency” of the internet. (Incidentally, Square’s $50 million in bitcoin purchased in 2020 was worth $253 million by February 2021, and it purchased $170 million more earlier this year.)
Oh man, Jack Dorsey says he thinks Bitcoin is key to Twitter's future. Says it will "ensure people and companies can freely trade goods and services anywhere on the planet"
— Alex Weprin (@alexweprin) July 22, 2021
"I think it is hugely important to Twitter and Twitter shareholders that we continue to look at this space and invest aggressively into it. There is an obvious need for this, an appreciation for it. An open standard, which is native to the internet, is where it should go."
— Alex Weprin (@alexweprin) July 22, 2021
Just, last week, I bought GHS1,000 bitcoin, and it’s already GHS1200 today. So if I sell it right now, I will have Ghc200 profit within one week for investing only GHS1000, imagine investing GHS10,000, my profit would have been GHS2,000. However, I have over GHS15,000 price of Bitcoin in my Bitcoin wallet, which I’m not withdrawing anytime soon. I make sure to invest at least GHS1,000 every month.
How To Trade Bitcoin In Ghana
There are several platforms to buy and sell bitcoin in Ghana, but the most reliable and easy platform to trade, which I trade with them, is the Yellow Card.
When you want to sign up, these are the few requirements you need to fill, and you are done.
After signing up, you can Buy and Sell bitcoin using Mobile money, Credit card, or Bank account. The minimum deposit is GHS5. After depositing, then you can use buy the money you deposited to buy bitcoin, which you can also convert your money in to dollars anytime. Anytime bitcoin increase your money increases, and if you want to withdraw, all you need to do is to just selll your Bitcoin instantly and withdraw in less than 2 minutes through mobile money. They also have a mobile Application, after signing up, you can download it.
You can get started by Following This Link
FAQs
Is bitcoin in Ghana?
Yes, bitcoin is in Ghana and everyone can trade.
Is bitcoin legal in Ghana?
Yes, bitcoin is actually legal in Ghana.
Is bitcoin banned in Ghana?
No, bitcoin is not banned in Ghana.
Is bitcoin atm in Ghana?
No, bitcoin atm is not yet in Ghana.
Can I use bitcoin in Ghana?
Yes, you can use bitcoin in Ghana, depending on what you want to use it for.
Does bitcoin work in Ghana?
Yes, bitcoin works in Ghana.
Can you buy bitcoin in Ghana?
Yes, you can buy bitcoin in Ghana using the Yellow Card with the above procedure.
Where can I sell my bitcoin in Ghana?
You can sell bitcoin on the Yellow Card and withdraw your money in less than a minute.
How to use bitcoin in Ghana?
Depending on your purpose, you can use it to purchase goods online or sell it for profit.
How do I buy bitcoin in Ghana?
You can buy bitcoin easily with the Yellow Card
How do I cash out bitcoin in Ghana?
You can cash out instantly if you are trading on the Yellow Card platform.
How to sell bitcoin in Ghana?
You can sell your bitcoin on the Yellow Card platform
How much is bitcoin in Ghana cedis?
You can always see the bitcoin price on the Yellow Card platform on both dollars and Ghana cedis.
How to register bitcoin in Ghana?
You can register bitcoin in Ghana on the Yellow Card platform by following the above procedure.
How to withdraw bitcoin in Ghana?
You can easily withdraw bitcoin in Ghana using the Yellow Card.
Where to buy bitcoin in Ghana?
You can buy bitcoin in Ghana using the Yellow Card.
Where to sell bitcoin in Ghana?
You can sell your bitcoin on the Yellow Card platform.
Where can I find bitcoin atm in Ghana?
Bitcoin atm is not yet in Ghana.
Which bitcoin app works in Ghana?
Currently, the only best bitcoin app I can recommend that works perfectly in Ghana is the Yellow Card App.
Buy bitcoin in Ghana with mobile money
You can buy bitcoin in Ghana with mobile money on the Yellow Card platform.
Bitcoin investment in Ghana
The best platform in Ghana to invest in bitcoin is the Yellow Card platform.
Bitcoin Ghana app
Yellow Card is currently the best bitcoin App in Ghana.
Sell bitcoin in Ghana
You can sell your bitcoin on the Yellow Card App platform.
Sign Up to Yellow Card
If you need further assistant, feel free to WhatsApp me on +233 (0) 244158350