Yellow Card is Driving Cryptocurrency Adoption in Africa

Yellow Card, a fast-growing cryptocurrency startup, is driving crypto adoption in Africa by offering exceptional services and financial education. Yellow Card offers an easy way to buy and sell crypto online with bank transfers, mobile money, or cash.

One of the few multinational cryptocurrency powerhouses in Africa, Yellow Card’s services are available in over ten countries — Rwanda, Botswana, Cameroon, DR-Congo, Gabon, Ghana, Kenya, Malawi, Nigeria, Republic of Congo, Senegal, South Africa, Tanzania, Uganda,, Zambia, and more.

The use of digital currencies is becoming increasingly popular in recent years, and Africa is not left out in the digital revolution, thanks to Yellow Card’s efforts in driving financial literacy and crypto adoption in the region.

Africa is predominantly made up of young people, who are more likely to adopt digital forms of payment. This makes it an appealing market for crypto exchanges. However, while there are already many cryptocurrency exchanges operating in the region, Yellow Card stands out in the way it combines its unparalleled crypto exchange services with financial education.

“Yellow Card is built on the core value of ‘financial inclusion for all’, and as such, we are focused on providing all levels of traders with financial freedom through seamless cryptocurrency trading — with just a few clicks (or taps), you can trade Bitcoin safely on the web or any mobile device at Yellow Card”, said Robert Mugisha, Country Manager, Rwanda.

Yellow Card offers crypto enthusiasts in Africa and the other parts of the world a reliable platform where they can buy or sell supported cryptocurrencies — Bitcoin, Ethereum, and Tether — with their local currencies using bank transfer, cash, electronic payments, and other payment methods. The exchange allows traders to send, receive, and store their cryptocurrencies in the crypto wallets that are available upon account creation.

“Our proprietary trading platform is available in web and mobile versions — the web version runs directly on modern web browsers, such as Chrome, Safari, and Firefox, while the mobile app is compatible with Android and iOS mobile devices and can be downloaded from the relevant app stores”, Mr Mugisha continued “We provide you with a multi-signature wallet to store your crypto assets to ensure optimal security of clients’ funds.”

Going further, Mr Mugisha reiterated the importance of their security mechanism and explained their trading fees:

“Security of customers’ funds is a major priority at Yellow Card. In addition to our multi-sig wallets, we use a distributed system to ensure the security of clients’ funds, and we comply with regulatory standards in the respective jurisdictions to ensure smooth trading. We provide traders with various payment methods to buy digital assets online easily with local currencies at the best rates, but our fees vary from one country to the other. For instance, the exchange charges about ZAR 8 to 15 ZAR for deposits and withdrawals in South Africa, but no fees are charged in Nigeria for account deposits and withdrawals. To get the full list of the fee structure, check our website.”

In addition to its unparalleled exchange services, Yellow Card offers comprehensive financial education through its Academy. The Yellow Card Academy contains simplified trading guides on crypto, blockchain, trading strategies, and personal finance; a glossary of various trading terminologies along with their corresponding explanations; a help section that contains a comprehensive list of some of the traders’ most common questions and their answers; a blog section with many interesting articles; various learning courses that are grouped into Beginner, Intermediate, and Advanced categories; and subscription-based newsletters that keep traders up-to-date with the latest events in the financial markets.

Yellow Card is driving cryptocurrency adoption in Africa

Kigali, Rwanda — 20th January 2022.

Yellow Card, a fast-growing cryptocurrency startup, is driving crypto adoption in Africa by offering exceptional services and financial education. Yellow Card offers an easy way to buy and sell crypto online with bank transfers, mobile money, or cash.

One of the few multinational cryptocurrency powerhouses in Africa, Yellow Card’s services are available in over ten countries — Rwanda, Botswana, Cameroon, DR-Congo, Gabon, Ghana, Kenya, Malawi, Nigeria, Republic of Congo, Senegal, South Africa, Tanzania, Uganda,, Zambia, and more.

The use of digital currencies is becoming increasingly popular in recent years, and Africa is not left out in the digital revolution, thanks to Yellow Card’s efforts in driving financial literacy and crypto adoption in the region.

Africa is predominantly made up of young people, who are more likely to adopt digital forms of payment. This makes it an appealing market for crypto exchanges. However, while there are already many cryptocurrency exchanges operating in the region, Yellow Card stands out in the way it combines its unparalleled crypto exchange services with financial education.

“Yellow Card is built on the core value of ‘financial inclusion for all’, and as such, we are focused on providing all levels of traders with financial freedom through seamless cryptocurrency trading — with just a few clicks (or taps), you can trade Bitcoin safely on the web or any mobile device at Yellow Card”, said Robert Mugisha, Country Manager, Rwanda.

Yellow Card offers crypto enthusiasts in Africa and the other parts of the world a reliable platform where they can buy or sell supported cryptocurrencies — Bitcoin, Ethereum, and Tether — with their local currencies using bank transfer, cash, electronic payments, and other payment methods. The exchange allows traders to send, receive, and store their cryptocurrencies in the crypto wallets that are available upon account creation.

“Our proprietary trading platform is available in web and mobile versions — the web version runs directly on modern web browsers, such as Chrome, Safari, and Firefox, while the mobile app is compatible with Android and iOS mobile devices and can be downloaded from the relevant app stores”, Mr Mugisha continued “We provide you with a multi-signature wallet to store your crypto assets to ensure optimal security of clients’ funds.”

Going further, Mr Mugisha reiterated the importance of their security mechanism and explained their trading fees:

“Security of customers’ funds is a major priority at Yellow Card. In addition to our multi-sig wallets, we use a distributed system to ensure the security of clients’ funds, and we comply with regulatory standards in the respective jurisdictions to ensure smooth trading. We provide traders with various payment methods to buy digital assets online easily with local currencies at the best rates, but our fees vary from one country to the other. For instance, the exchange charges about ZAR 8 to 15 ZAR for deposits and withdrawals in South Africa, but no fees are charged in Nigeria for account deposits and withdrawals. To get the full list of the fee structure, check our website.”

In addition to its unparalleled exchange services, Yellow Card offers comprehensive financial education through its Academy. The Yellow Card Academy contains simplified trading guides on crypto, blockchain, trading strategies, and personal finance; a glossary of various trading terminologies along with their corresponding explanations; a help section that contains a comprehensive list of some of the traders’ most common questions and their answers; a blog section with many interesting articles; various learning courses that are grouped into Beginner, Intermediate, and Advanced categories; and subscription-based newsletters that keep traders up-to-date with the latest events in the financial markets.

How to get started with Yellow Card

It’s easy to start trading with Yellow Card. To get started, follow these steps:

  1. Open an account: Creating an account on Yellow Card is so simple. In less than 3 minutes, you should be up and running on our tier 1 plan. You can do this via the web platform or by downloading the Android or iOS mobile app and signing up from there.
  2. Complete your KYC verification: You can create an account with the most basic information that gets you past tier 1. However, to do more on the exchange, you will need to complete your tier 2 and tier 3 verification, which would require your means of identification and proof of address.
  3. Fund your trading account: Once your account is verified, you should proceed to fund it using any of the available payment options. When funding your account via a Yellow Card Merchant in select jurisdictions, the Yellow Card Merchant may add additional service fees to the transaction.
  4. Start Trading: Provided that your trading account is funded, you can trade the crypto asset of your choice with zero fees. You can withdraw your crypto earnings using fiat or cryptocurrency — you can convert Crypto into fiat to withdraw your funds into your bank account, or you can withdraw into an external cryptocurrency wallet.

 

About Yellow Card

Yellow Card, one of the fastest-growing cryptocurrency startups in Africa, is a cryptocurrency exchange that uses cost-efficient systems to offer seamless, secure, and low-cost crypto trading services across several African countries and beyond. The exchange also offers financial education to its clients via its Yellow Card Academy.

For more information, visit: Yellow Card




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