Yellow Card is officially going live with support for Botswana pula (BWP) and South African rand (ZAR) in order to meet the demand of the ever-expanding cryptocurrency markets across Africa.
Already popular in Nigeria, we’re now adding new currency support and expanding rapidly outside of West Africa, excited to bring the world of cryptocurrency to both the unbanked and the overcharged. As of Friday, we will be launching the following new features and initiatives:
- The ability to buy and sell Bitcoin with multiple currencies including Botswana’s BWP and South Africa’s ZAR
- Expansion to new locations outside of Nigeria, including Botswana where we will be the first and only exchange, and a continued drive to make buying and selling of Bitcoin using cash and bank transfer easy and affordable for all.
About Yellow Card: Yellow was founded by Chris Maurice and Justin Poiroux in 2016 with the intent to create a Bitcoin gift card. Then, in 2018, Chris and Justin met a man at a Wells Fargo who was trying to send $200 dollars to his family in Nigeria.
The bank charged him an unjust fee of 90$. We decided to undertake the mission of bringing Bitcoin to Africa with the objective of “financial inclusion for all”, and since then with the help of our partner Munachi Ogueke we’ve taken Nigeria by storm with 20,000+ merchants and over $25 million dollars in transactions.
Yellow Card will soon become synonymous with cryptocurrency in Africa, as we provide access to people who have previously been left out of the crypto revolution.