Binance Expands to Africa with New Mobile Money Feature for Crypto Payments

Binance has launched its One Click Buy and Sell (OCBS) service in Africa, now available in Ghana, Tanzania, Uganda, and Zambia.

This feature allows users to buy and sell cryptocurrencies directly through their mobile money accounts, enhancing financial inclusion for unbanked and underbanked populations. Developed in partnership with Transfi, the OCBS service aims to simplify access to digital assets and integrates strict security measures, including Know Your Customer (KYC) protocols, to protect users and meet regulatory standards.

Binance’s expansion reflects its commitment to increasing global financial freedom and participation in the digital economy.

Clever Robot News Desk 25th August 2024

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