Best Crypto Exchanges in Africa for July 2025

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OKX - Best automated trading solutions (copy trading, easy bot integration)
Kraken - Best for trading crypto-fiat pairs (supports 7 fiat currencies, simple trading platform)
Crypto.com - Best mobile app for crypto activities (Visa card support, trading and passive earning)
CoinMetro - Suited for conservative trading (simple UI and low leverage of up to 1:5)
Ledger Wallet - Best for managing assets in a hardware wallet (15 apps to buy, swap, earn crypto and NFTs)

At Traders Union, we evaluate cryptocurrency exchanges in Africa to help traders find safe, reliable, and feature-rich platforms while avoiding unregulated options.

To recommend the top exchanges for Africa, we analyzed 100+ platforms using 140 measurable data points, focusing on security, fees, regulation, usability, and advanced trading tools.

Our transparent Methodology ensures data-driven recommendations, helping both beginners and professionals choose the best crypto trading platforms in Africa

Risk warning: Cryptocurrency markets are highly volatile, with sharp price swings and regulatory uncertainties. Research indicates that 75-90% of traders face losses. Only invest discretionary funds and consult an experienced financial advisor.

Comparison of leading crypto trading platforms in Africa

We compared crypto exchanges based on key factors:

Supported in most countries of Africa
Minimum deposit
Range of supported cryptocurrencies
Spot maker fee rates

This analysis highlights the top exchanges in Africa, ensuring they meet the needs of both novice and experienced traders.

	OKX
Accepts residents of Africa	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Minimum deposit, USD	10	10 1 1 No	10 1 1 No
Coins Supported	329	278 250 72 1817	278 250 72 1817
Spot maker fee	0,08	0,25 0,25 0,1 No	0,25 0,25 0,1 No
Study review	Study review	Study review Study review Study review Study review	Study review Study review Study review Study review

We have thoroughly evaluated the strengths and weaknesses of the top cryptocurrency exchanges in Africa, providing overall ratings based on our proprietary, data-driven methodology.

Available in Africa

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TU Overall Score 8.9 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	7.3 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	9.3 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	7.5 /10

The availability of various investment programs.
Proprietary educational academy with useful materials.
Wide range of cryptocurrencies.
The exchange is multilingual and available in 20 languages.
A mobile app is available.
The exchange uses cold and hot wallets with a high-security level.
The company offers cryptocurrency listing services.

Trading and depositing in fiat currencies are not available.
Few ways to contact client support
The company is unlicensed and unregulated.

Available in Africa

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TU Overall Score 8.5 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	7.7 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	6.2 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

convenient, intuitive terminal with one-click trading;
all major cryptocurrencies, as well as seven fiats;
margin trading, as well as futures and indices trading ;
large leverage (x5 for margin, x50 for futures trading);
an extensive database of information and training materials;
large trading volumes on the exchange provide high liquidity;
some of the lowest fees in the cryptocurrency market.

no investment programs;
no call center.

Available in Africa

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TU Overall Score 8.4 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	7.5 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	5.9 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.5 /10

a large number of cryptocurrencies and tokens, the list of assets is constantly growing;
all major options for depositing and withdrawing funds (bank cards and accounts, e-wallets, etc.);
the crypto exchange provides traders with leverage: for margin trading, it’s 1:3; for derivatives, it’s 1:50;
the function of cryptocurrency lending, securing a loan with one cryptocurrency at the expense of a deposit in another;
the opportunity to earn extra money by participating in regular events at the Trading Arena;
investment solution. The Supercharger allows you to flexibly invest free cryptocurrency funds;
the ability to pay trading commissions with your own coin of the CRO platform with a partial refund;
the crypto exchange provides a multicurrency wallet and a Visa Crypto.com plastic card with an 8% cashback.

no fiat trading;
the support service does not have a call center;
there are no full-fledged training programs.

Available in Africa

Visit exchange

Your capital is at risk.

TU Overall Score 7.4 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	6.5 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	6.7 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

handy trading terminal with built-in charts and indicators;
popular cryptocurrencies are available for trading on the exchange;
five times leverage;
built-in service for copying deals;
deposits in CoinMetro's bonds;
low fees for exchange and trade;
licensed by EU and US regulators.

analytics are not provided (only news);
there are not many cryptocurrencies and tokens at your fingertips.

Available in Africa

Visit exchange

Your capital is at risk.

TU Overall Score 7.3 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	6.9 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	8.5 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	0.8 /10

You can trade the most popular cryptocurrencies and their tokens on this exchange;
no restrictions on the deposit or withdrawal funds and you can use your wallet;
high activity on the exchange and a large volume of transactions;
own training programs and regular market analytics;
unique developments in the field of hardware cryptocurrency-wallets;
convenient Ledger Live application with simple functionality;
Polkadot integrated zero-level blockchain.

the website and software are not localized into other languages, the interface is available only in English;
technical support is also only in English;
the usage of Ledger Nano hardware wallets is required; you can operate on the exchange only in this way.

We at Traders Union have over 14 years of experience in financial markets, evaluating cryptocurrency exchanges based on 140+ measurable criteria. Our team of 50 experts regularly updates a Watch List of 200+ exchanges, providing traders with verified, data-driven insights. We evaluate exchanges on security, reliability, commissions, and trading conditions, empowering users to make informed decisions. Before choosing a platform, we encourage users to verify its legitimacy through official licenses, review user feedback, and ensure robust security features (e.g., HTTPS, 2FA). Always perform independent research and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

What are the cheapest crypto exchanges in Africa

To determine the cheapest cryptocurrency exchanges in Africa, we analyzed trading fees of the leading platforms in the region. Specifically, we evaluated maker and taker fees for both spot and futures trading and compared these values against market averages based on an analysis of over 100 exchanges.

Additionally, we reviewed deposit and withdrawal fees to provide a comprehensive assessment of the most cost-effective options for cryptocurrency trading in Africa.

Trading fees:

We compared base-level fees for spot and futures trading, including maker and taker fees. However, exchanges in Africa offer significant discounts for traders as their trading volume increases.

	OKX		Market average Based on comparing fees across more than 200 cryptocurrency exchanges.
Spot maker fee, %	0,08	0,25 0,25 0,1 No	0.194
Spot taker fee, %	0,1	0,4 0,5 0,2 No	0.157
Futures maker fee, %	0,02	0,02 No No No	0.024
Futures taker fee, %	0,05	0,05 0,05 No No	0.053

Deposit and withdrawal fees and payment options

We also compared crypto exchanges deposit and withdrawal fees, as well as the payment methods available in Africa.

	OKX
Deposit fee	No	No No No No	No No No No
Withdrawal fee	0,0004 BTC 2,6 USDT	0,0005 BTC 0,0005 BTC 0-0,1% No	0,0005 BTC 0,0005 BTC 0-0,1% No
Bank Wire	No	Yes Yes Yes No	Yes Yes Yes No
Bank cards	Yes	Yes Yes Yes No	Yes Yes Yes No
Payment services	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
P2P	Yes	No Yes Yes No	No Yes Yes No

What are the safest exchanges in Africa

The safety of exchanges in Africa was assessed based on Tier-1 regulation Tier-1 regulation refers to the highest level of financial oversight provided by globally recognized regulatory authorities, ensuring strict compliance with security, transparency, and user protection standards. , security measures (e.g., 2FA, cold wallets), and the absence of successful hacking incidents. Exchanges with Tier-1 regulation are the most reliable, as they comply with strict international standards.

	OKX
Tier-1 regulation	No	Yes Yes Yes No	Yes Yes Yes No
Government-regulated	Yes	Yes Yes Yes No	Yes Yes Yes No
2FA	Yes	Yes Yes Yes No	Yes Yes Yes No
Cold wallet storage	Yes	Yes Yes Yes No	Yes Yes Yes No
Investor protection fund	Yes	No Yes No No	No Yes No No

Is crypto market regulated and taxable in Africa

Crypto regulation in Africa

In South Africa, cryptocurrencies are not legal tender but are regulated under the Financial Sector Conduct Authority (FSCA). Exchanges must register and comply with AML/KYC standards, but there are no deposit insurance schemes. Nigeria, despite being a major crypto market, banned banks from processing crypto transactions in 2021. Peer-to-peer (P2P) trading is common, while the Central Bank of Nigeria promotes the eNaira CBDC. Kenya allows crypto trading but lacks formal regulations. However, AML laws apply indirectly. In Egypt, crypto is prohibited under Islamic finance laws, with violators subject to fines or imprisonment. Mauritius offers clear regulation, licensing crypto service providers under its Digital Asset Framework. Ghana and Uganda are exploring frameworks, but regulations remain in draft stages. Restrictions include bans on foreign exchanges (e.g., Egypt), P2P reliance (e.g., Nigeria), and strict AML compliance requirements in regulated markets like South Africa. Investor protection, including deposit insurance, is rare across the continent.

Taxation of cryptocurrencies in Africa

South Africa taxes crypto gains as income or capital gains, with rates reaching 45%. Kenya imposes a 1.5% digital services tax on exchanges, while individual traders face unclear obligations. Nigeria has no dedicated crypto tax policy but taxes profits under general income tax. Mauritius exempts capital gains from tax but considers crypto business income taxable. In Ghana and Uganda, crypto taxation remains undefined, but profits may fall under existing income tax laws. Egypt, banning crypto entirely, does not tax related activities. Most African nations lack specific frameworks, creating compliance uncertainties.

Important!

The information on cryptocurrency taxation in Africa is provided for informational purposes only. Be sure to consult a professional for accurate guidance.

Crypto exchanges in Africa offering sign-up bonuses

We’ve analyzed and compared the registration bonuses offered by international platforms available in Africa. Discover the key benefits and conditions of these bonuses to find the exchange that suits your needs best.

	OKX	Coinbase	Bybit
Bonus/promotion name	OKX Welcome Bonus	Spin the Wheel	$5,000 in Welcome Rewards
Bonus Size ($, %)	Up to $50 in crypto	$3 - $200	Up to 5,000 USDT
Expiration date	Unlimited	Unlimited	Unlimited
Referral code or referral link to the bonus page	Claim your bonus	Claim your bonus	Claim your bonus

What are the best crypto exchanges for beginners in Africa?

The best crypto exchanges for beginners in Africa offer:

High education scores, providing access to a variety of learning materials for beginners.
P2P trading with a wide range of payment methods and support for the local currency, making it easy to start.
Demo account for risk-free practice before trading real funds.
Passive income options like staking and copy trading to earn without extensive market knowledge.

	OKX	Crypto.com	CoinMetro
Education	7.13	8.02	7.24
P2P account	Yes	Yes	Yes
Demo account	Yes	No	Yes
Staking	Yes	Yes	Yes
Copy trading	Yes	No	Yes
Beginner friendly app	Yes	Yes	Yes

How choose the best crypto exchange in Africa?

When choosing a crypto exchange in Africa, consider these essential factors:

Supported Cryptocurrencies

Ensure the exchange supports a wide range of coins, including altcoins and stablecoins, especially if you plan to diversify beyond Bitcoin. A broader selection offers greater flexibility for both trading and investment.
Local Payment Options

Opt for platforms that support local payment methods in Africa, such as bank transfers, mobile money, or local e-wallets. This simplifies deposits and withdrawals while reducing currency conversion fees.
Transparent Fees

Compare trading fees, withdrawal charges, and any hidden costs. Lower fees mean higher profits, so look for exchanges with competitive pricing structures that clearly display all costs upfront.
Robust Security

Prioritize exchanges with strong security measures, including two-factor authentication (Africa), cold storage for funds, and regular audits. Review the platform's history to ensure no major hacking incidents.
Educational Resources

For beginners, exchanges with demo accounts, tutorials, and a strong educational section can help you learn trading strategies and reduce risks.
Customer Support

Reliable customer service is essential, especially for troubleshooting technical or account issues. Choose platforms with 24/7 support and multiple contact methods.

Expert advice for traders in Africa

Over the years, I've seen how hidden fees eat into profits. A good exchange should offer transparent trading fees, including low maker/taker rates and minimal withdrawal costs. Some platforms provide fee discounts for high-volume traders or those staking native tokens, which can further reduce expenses. Even small fee differences add up over time, especially for active traders. Before committing to an exchange, always check for deposit fees, inactivity charges, and network withdrawal costs to avoid unexpected losses.

Team that worked on the article

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Also, Oleg became a member of the National Union of Journalists of Ukraine (membership card No. 4575, international certificate UKR4494).

Learn about our editorial policies

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).