How To Buy Bitcoin In Botswana

In recent years, Botswana has witnessed a significant surge in interest towards cryptocurrencies, particularly Bitcoin (BTC).  Despite its modest population of 2.4 billion people, Botswana is one of the most active bitcoin users. Batswana have come to learn about cryptocurrencies, their potential, and how they may transform their economy. 

As the country progresses in its digital journey, the question of "How to buy Bitcoin in Botswana" becomes increasingly relevant. This article aims to guide you through buying Bitcoin in Botswana with ease and at the cheapest rate.

Why People in Botswana are Embracing Bitcoin

Before diving into the "how-to," it's crucial to understand why Bitcoin is gaining traction in Botswana. The country's growing tech-savvy population, coupled with a desire for financial inclusion and diversification of investment portfolios, has made Bitcoin an attractive option. 

Batswana can benefit from Bitcoin in a variety of ways. They can carry out both domestic and international transactions at a minimal cost. International transactions might take hours or even days to complete for traders and international exchange students, but they can be accomplished in seconds with Bitcoin. Bitcoin provides a cost-effective way to send money back home for those working abroad.

In contrast to the traditional banking system, which requires a lengthy process even to get a bank account, Bitcoin allows the unbanked and underbanked to access financial services easily from anywhere globally. Bitcoin offers a way for Batswana to diversify their investments and hedge against local economic fluctuations. For them, Bitcoin is a safe and reliable way to keep and invest their money. 

How, then, can you buy BTC in Botswana? Yellow Card, a fintech company, is driven towards “financial inclusion for all.” It has not only set a base in Botswana but is dedicated to making cryptocurrencies more accessible for Batswana.

Read More: Why Batswana Should Embrace Bitcoin

Why Use Yellow Card For Your Bitcoin Transactions?

Yellow Card has established itself as a reliable and user-friendly platform for buying Bitcoin in Botswana. It offers a secure way to buy Bitcoin instantly, making it one of the best places to buy Bitcoin in the country. This is especially important in Botswana, where scammers are always looking to rob you of your hard-earned funds. Yellow Card’s compliance with local regulations adds a layer of trust and safety for Botswana customers. In fact, Yellow Card was the first virtual assets company to receive a license of operations in Botswana. 

Batswana no longer need to look far to buy bitcoin; they may do so using their mobile devices on Yellow Card’s state-of-the-art secure platform. Botswanans can even purchase bitcoin in their local currency, Pula. You can buy bitcoin in Botswana from as low as P150 at no extra cost.

Read also: When is the best time to buy crypto?

How to buy Bitcoin in Botswana on Yellow Card

Buying bitcoin with Yellow Card has never been easier. You can buy bitcoin in Botswana with just a few taps or clicks on your internet-connected device. Here is how to get started:

1. Sign up for an account.
   Creating an account with Yellow Card is absolutely free with no hidden charges. All you have to do is visit the official Yellow Card website at web.yellowcard.io on your device, sign up, and fill in your details. You can also download the Yellow Card app, which is available on the App Store and Google Play Store.
2. Fund your account with Botswana Pula (BWP)
   Once you've created  bjkyour Yellow Card account, log in and select "deposit" from your dashboard.
   -  Select the payment option available on display: bank transfer.
   - Deposit the amount you wish to add to your wallet into the bank account displayed on your screen
   - The funds will be reflected in your BWP balance once your deposit has been confirmed. 
3. Buy Bitcoin
   Once your account has been funded, you can purchase bitcoin instantly.
   - On your dashboard, click Crypto
   - Select " Bitcoin" among the cryptocurrencies listed
   - Click on Buy and enter the amount of bitcoin you wish to buy 
   - Confirm your order. 
   And voila! Your Bitcoin will reflect in your wallet instantly. 

You can either enter the amount in bitcoin or the amount you want to buy in Pula. Yellow Card provides a live bitcoin exchange rate. This can be used to check the Pula equivalent of the bitcoin you wish to buy. 

You can withdraw your funds at any time of your choosing, as any amount added to the wallet belongs to you and you alone.

Read also: When is the best time to buy crypto?

Read also: How To Make Money With Bitcoin

Conclusion

As Botswana's first licensed entity for Bitcoin transactions, Yellow Card provides a safe and secure platform for Botswanans to buy and sell bitcoin. 

Botswanans can get top-notch service while buying bitcoin at the best rates and securely from the comfort of their own homes. Bitcoin has a lot of potential for the Botswana economy, and Yellow Card can help them realise it. Whether you're looking to invest, send money, or save, buying bitcoin in Botswana is easy with Yellow Card.

Buy Bitcoin Now