Looking for the cheapest way to send money across Africa? Discover how Bitnob offers zero fees, and fast, and secure cross-border transfers
Africa is home to over 1.4 billion people spread across 54 countries. Despite the continent’s rich potential, one common challenge faced by millions of people is the high cost of sending and receiving money across borders. In recent times, new platforms have emerged for cross-border transactions and this has made sending money across borders a common practice, but they have also failed to tackle the issues of hefty charges of the traditional methods. The truth is these platforms are also often expensive and almost drains you with charges. This is why it’s essential to find the cheapest and most efficient method - Bitnob.
Bitnob is a solution that stands out. This platform aims to revolutionize the way Africans send and receive money. Currently, on the Bitnob App, you can send money to 9 African countries which are: Ghana, Senegal, Cote d’Ivoire, Kenya, Uganda, Benin Republic, Nigeria, Togo, and Rwanda. In addition to this, Bitnob also leverages the power of blockchain and stablecoins to offer a fast, secure, and cost-effective method for sending money across Africa.
In this article, we'll delve into the world of cross-border money transfers and explore how Bitnob has improved the way we send money across the African continent. Also and more importantly you’ll learn how you can easily send money across African countries using Bitnob.
Why Choose Bitnob to Send Money Across Africa?
One of the best ways to define the Bitnob App is that it’s a simple app that gives you the easiest way to send, receive, and save money, and because of all of these, it has oftentimes been described as the cheapest option for cross-border transactions. Let's highlight a few reasons why it’s a cheaper option…
Free Transfers
While other platforms charge exorbitant fees for cross-border transactions, Bitnob currently charges zero fees on all fiat transfers to any bank or mobile money wallet. This is just so you can have freedom without the fear of any added costs. Whether you're supporting your family with funds, paying for goods and services, or simply transferring funds, you can be sure to enjoy the benefits of free transfer on the Bitnob App. There’s also no limit to how much you can transfer.
Faster Transactions
Unlike traditional remittance services that can take anywhere from a few hours to several days, Bitnob transactions are processed in minutes. This means that when you send money using the Bitnob app, the recipient can often access their funds within minutes, even if they are located in a remote area. So not only does the Bitnob App offer free transfers for you, but it also does that quickly.
No Hidden Charges
It’s no longer news that many traditional services have hidden charges that can eat into the amount being transferred. Bitnob, on the other hand, ensures complete transparency regarding transaction fees, so there are no surprises when it comes to how much the recipient will receive. This transparency has built trust among users and also led to a high adoption rate of the application.
Security
Bitnob prioritizes the security and safety of its users and their money. It uses advanced encryption techniques to protect sensitive information and keep your funds safe. Also by using two-factor authentication, it adds an extra layer of security by requiring a second verification step before accessing the app.
How to Send Money Across Africa on Bitnob
- Tap on the “Transfer” button on the Quick Links section of the homepage
- Tap on “Transfer to Bank or Momo”
- Tap on “Change currency” to select the country of the account or mobile money wallet you want to transfer money to
- Fill out the amount you’d like to transfer, then tap on “Continue”
- Select the account or mobile money provider and fill out the details of the account you want to send money to. If this person is someone you intend to send money often, then tap on “Save as beneficiary” to make the person a beneficiary.
- Tap on “Proceed to Transaction Note” to add a note on the transaction
- Review the transaction summary and then tap on “Proceed” to initiate payment to the account or mobile money wallet.
Conclusion
Bitnob offers the cheapest and most efficient ways to send money across Africa. With low transaction fees, faster transfers, and the use of blockchain technology, Bitnob is transforming the way Africans access and send money.
Bitnob meets the criteria to look into when choosing a cross-border payment solution in Africa. Ready to give it a trial? Download Bitnob to get started.