Be Mobile Africa launches crypto trading platform for South Africa


Neobank Be Mobile Africa, a neobank that provides affordable banking services to individuals and businesses across 30 countries in Africa has launched  a crypto trading platform which will enable individuals in South Africa to buy and trade cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL) as well as USD stablecoins such as USDC using South African rands (ZAR).

Despite the challenges faced by the tech industry and the crypto market in 2022, Be Mobile Africa, which launched in South Africa last year, has experienced significant growth in both user registration. Historically, the platform has leveraged blockchain technology to facilitate low-cost, rapid, and transparent peer-to-peer transactions. Now, it is offering this capability to its users, allowing them to purchase, retain, and trade cryptocurrencies.

According to Dr. Cédric Jeannot, CEO of Be Mobile Africa, “Enabling our users to buy, sell and hold cryptocurrencies easily and securely is a natural evolution for us. Many local African currencies are losing value against the US Dollar, and accessing USD stablecoins and other cryptocurrencies is a way to preserve wealth for many.”

The launch of the cryptocurrency trading platform marks the start of Be Mobile Africa’s mission to bring digital currencies to everyone. 

The platform is designed to be secure, simple, and intuitive, offering users a convenient and seamless way to trade and manage their crypto holdings.

The launch of Be Mobile Africa’s cryptocurrency trading platform is set to shake up the crypto market in South Africa and provide users with a new and simpler way to access and trade cryptocurrencies. The company plans to add additional cryptocurrencies in the near future.