DART AFRICA VS BINANCE P2P: The need for Ghanaians to accept Cryptocurrency stems from the need for a better form of investment that would yield good profit and is devoid of the shortcomings of local banks. As we all know, there is nothing Ghanaians love other than making good profits, and Cryptocurrency encompasses all that and even more.
Cryptocurrency is a currency, but it is not a currency in the way your local currencies are currencies. Rather, it is a digital currency that only exists online and is devoid of any control from the government or any organization. That is why most crypto enthusiasts usually call it a “decentralized” or “deregulated” currency.
Unlike your local banks that store your transaction in a bank ledger, cryptocurrency transactions are stored in a digital database called the blockchain. Cryptocurrency continues to flourish with over 10,000 coins globally, with over 1000 coins in use in Ghana. The biggest and most used Cryptocurrency in Ghana is Bitcoin. Since Ghanaians started using bitcoin, it has become the most preferred mode of payment.
The first step to selling bitcoin in Ghana is owning Bitcoin by buying it from an exchange platform. When you own a volume of any coin, you wait for a while for the coin’s value to increase before proceeding to sell the coin. Before you can sell your cryptocurrencies in Ghana, you need a legit crypto exchange platform that will provide you with seamless crypto transactions.
To sell bitcoins online in Ghana, There are two exchange platforms in Ghana: the Binance platform and the Dart Africa platform. They have proven to be the best by providing the best crypto exchange services in Ghana. Now, new crypto traders in Ghana are confused as to which exchange is preferable. This article aims to answer their question and inform them of the distinct features of both platforms based on some parameters.
Dart Africa vs Binance p2p: user-friendly interface
Having to ask for assistance before using a platform makes trading tiresome. That is, Dart Africa made its platform easy to use for all and sundry. Binance might be more tech-savvy, but Dart Africa will still be preferred because it is easy to navigate the platform.
By creating an account on Dart Africa, you can sell your bitcoin and cryptocurrencies and get paid instantly in Cedis. However, on the other hand, Binance uses peer-to-peer (P2P) for all transactions that require you to pick a buyer from an organized list before you can trade. In a way, searching for a suitable one is exhausting and reduces your overall trading experience.
Dart Africa vs Binance p2p: speed of payment
When it comes to payment speed, Dart Africa is faster because it is direct. All you need to do is log into your account, proceed to sell, and immediately your transactions are verified and approved, your account will be credited.
On the Binance platform, the payment speed depends on the buyer you paired with to sell your coins, but it doesn’t take more than an hour to get paid.
Dart Africa vs Binance p2p: extra transaction charges
On Dart Africa, what you see is what you get. No hidden charges are accrued when you sell your bitcoin on Dart Africa. Everything is done seamlessly and for free. On the other hand, Binance charges 0.10% on all trading transactions across the platform, which might increase in the future.
Dart Africa vs Binance p2p: Flexibility
Dart Africa supports a limited number of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, BNB, and Dogecoin, and only pays customers in Cedis.
However, Binance, on the other hand, supports a wide array of over 500 cryptocurrencies and NFTs. Binance also pays its customers in several local currencies.
Dart Africa vs. Binance: platform security
Both Binance and dart Africa offer world-class security features to protect your financial assets. Binance uses a trust wallet partnership because it does not have its digital wallet. Dart Africa, on the other hand, gives you your wallet immediately after you register on their platform.
Binance uses security features such as whitelisting, advanced verification, and Two-factor authentication to protect the digital assets of its customers. In contrast, Dart Africa uses email verification and allows you to manage your account by changing your password whenever you want to.
In the end, the ball is in your court. All you need to ask yourself is which platform will serve me better, and every other thing will become easy from then.
DART AFRICA VS PAXFUL P2P: Trading cryptocurrency in Ghana requires you to pick the most suitable online exchange platform. Cryptocurrency transaction is quite easier than the local currencies that you have to go to the bank before performing financial transactions. Because cryptocurrency is a decentralized digital currency that only exists online, you can only perform crypto transactions online.
There is more than 100 cryptocurrency exchange platform in Ghana, and it is still on the increase. However, due to the increase in the number of exchange platforms, several fake online platforms exist. Hence, in selecting an exchange platform, you need to be cautious to prevent being scammed or ripped by scammers.
The best cryptocurrency exchange platform in Ghana is Dart Africa and Paxful. They are both unique apps that are passionate about giving you nothing less than the best trading experience. This article aims to put these platforms side by side and compare them. By comparing them, you can pick the most suitable platform for your cryptocurrency transactions.
Dart Africa vs Paxful P2P: ease of use
When people decide to use a platform to sell their bitcoin, the first thing they do is lookout for a platform that they can. Hence, it is quite certain that you do not need a platform that requires third-party assistance before you can get started. Dart Africa is easy to use in its entirety. The platform is so straight to the point that you can be done with selling yours in less than 20 minutes.
Paxful, on the other hand, is quite easy to use but not as easy as Dart Africa. Paxful uses a peer-2-peer (p2p) system for all cryptocurrency trades. That means you need to pick a suitable buyer from a list of buyers before you can sell your bitcoin. While P2P is an impressive technology, it still wastes your time in a way. You will have to read details of the buyer’s offer, check for the reliability of your potential buyer, and the buyer’s availability, unlike Dart Africa that requires very few steps to sell your bitcoin.
Dart Africa vs Paxful P2P: security
Dart Africa vs Paxful: cryptocurrencies supported
Again, Dart Africa wins in this category as it sells more than one cryptocurrency. The cryptocurrencies traded on the Dart Africa platform are Dogecoin, Bitcoin, Litecoin, and Ethereum. Paxful supports only bitcoin on their online platform.
Dart Africa vs Paxful: special features
The special feature embedded in Dart Africa is the Dart Africa cryptocurrency rate calculator that allows you to calculate the current rate of your coin before selling. The rate calculator feature on the Dart Africa exchange platform aims to help you keep tabs on the current rates of your cryptocurrency since they are subject to constant change.
The special feature of Paxful is that it is flexible in terms of payment. It allows 300 payment methods, unlike Dart Africa that allows only cash in Ghanaian cedes and mobile money.
The decision rests on you to pick the platform the best suits you. If you are selling a cryptocurrency that is not Bitcoin, Dart Africa is the way to go.