Crypto Platforms You Can Use In Zambia Ranked

The following are crypto exchanges and platforms ranked according to the author’s preference and usage experiences:

1. Yellow Card
2. Binance
3. p2p networks
4. DevDraft
5.  Cex.io

Yellow Card:

• Zambia’s largest and only crypto exchange (currently).
• Provides much needed liquidity to the crypto market for bulk buyers and sellers
• Currently trading via Over The Counter (OTC) desk, with trade sizes of $10,000 and above, or K100,000 and above.
• Payments via bank transfer only.

Binance:

• World’s largest crypto exchange.
• Has ZMW trading via peer-to-peer (p2p) trading only (currently).
• Allows trading, exchanging, sending, receiving, storing, and more.
• Multi crypto wallet type support for sending and receiving using various network types.

p2p networks:

• Informal networks of buyers and sellers who trade crypto for fiat or fiat for crypto.
• Multiple payment options via cash, bank, mobile money.
• Multi currency support (in some cases).
• Varying levels of liquidity

DevDraft:

• Offers USDC and EUROC support.
• Virtual bank accounts in USD and EUR support.
• Receiving and paying options via Zambian bank or mobile money.

Cex.io:

• Large US crypto exchange.
• Supports instant withdrawals to Zambian banks via VISA Direct or MasterCard Send. These are via your linked VISA or MasterCards.
• Supports payments via ZMW or USD, depending on the currency of your VISA or MasterCard.
• You can buy, sell, send, receive, trade, exchange, store various crypto currencies.