Although cryptocurrency is unregulated in Burkina Faso, its use is steadily gaining traction. The adoption of cryptocurrency in Burkina Faso is driven by growing interest in alternative financial solutions and the desire for greater financial freedom.
However, why has this shift taken place? The fiscal situation in the country has led many to explore digital currencies as a viable option for secure, cross-border transactions.
So, what are the best crypto exchanges to consider in 2025? This guide highlights top platforms that provide accessible, safe, and reliable services for individuals looking to invest in cryptocurrency within Burkina Faso.
Key Takeaways
- UEEx, Nexo, Yellow Card, Coinbase, and Binance are among the best crypto exchanges in Burkina Faso, offering secure and reliable platforms..
- Although cryptocurrency is unregulated in Burkina Faso, platforms like UEEx and Coinbase follow international regulations, ensuring high standards of security and trustworthiness.
- Many exchanges, like Yellow Card, integrate local payment options such as mobile money and bank transfers, making it easy for users in Burkina Faso to deposit and withdraw funds.
- Strong security measures such as two-factor authentication (2FA), cold storage, and mandatory PINs ensure user funds and data are protected on these platforms.
- Each exchange has a different fee structure, so it’s important to understand transaction fees, deposit fees, and other hidden costs to maximize your trading profitability.
Top Crypto Exchanges in Burkina Faso
| Exchange | Trading Fees | Best For | Max Leverage | Available Assets | Fiat Support– CFA Franc (XOF) | Security Features | Unique Features |
| UEEx | Spot Trading: 0.09% Futures Trading: 0.05% Margin Trading: 0.08 %-0.10% Stock Trading: 1.50% | Best Overall | 200x | 300+ | No | Cold storage, Proof of Reserve | It stores 93% of user funds in cold wallets Supports a $100 million Risk Mitigation Fund. Copy trading feature |
| Nexo | Spot Trading Fee: 0.07%-0.20% taker, 0.04%-0.20% maker (decreases as volume increases) Futures Trading: 0.0600% taker (decreases as volume increases) | Earning Rewards and Accumulating Interest | 50x | 100+ | No | 256-bit encryption. | Offers great interest rates on crypto and fiat savings. |
| Yellow Card | Sell – XOF 636.46 / USDT or USDC Buy – XOF 658.52 / USDT or USDC | Secure and Accessible Trading Options | N/A | Not Specified | Yes | SOC 2 Type 2 attestationPIN setup, two-factor authentication (2FA), and biometric login options. | First licensed Stablecoin on-ramp/off-ramp on the continent |
| Coinbase | Spot Trading Fees: 0.05% – 0.60% | Trusted and Secure Exchange to Buy, Sell and Manage Crypto | 20x | 240+ | No | 98% of users’ assets in offline storageCold storage | Automatic staking rewards through Coinbase Earn |
| Avatrade | Free | Regulated Exchange for Forex and Stocks. | 400:1 for forex trading | 1250+ | No | Regulated across nine jurisdictions which are: FFAJ, CySEC, ISAIIROC, ADGM/FSRA, CBI, BVIFSC, FSCA and ASIC | Intuitive and easy-to-use mobile app for trading on the go. Enables social trading through its unique AvaSocial platform. |
| Kraken | Spot Trading Fees: 0.25%/0.40% maker/taker (lower fees for higher trading volumes) Futures Trading: 0.0200%/0.0500% maker/taker (lower fees for higher trading volumes) | Crypto and NFT | 50x | 200+ | No | Utilizes cold storage and two-factor authentication (2FA) | Known for its transparency, it was the first exchange to implement proof of reserves. |
| Binance | Trading Fees: 0.1000% / 0.1000% Maker / Taker for Spot and margin (Fees may vary as the level increases) | Beginners and Experienced Traders | 125x | 350+ | No | Offline cold storage, two-factor authentication, multi-signature and threshold signature schemes (TSS) and Advanced Data Encryption | Binance Academy offers free resources to help users understand crypto trading and investment strategies. |
UEEx – Best Overall
Founded in 2021, UEEx is the best overall crypto exchange in Burkina Faso, offering a comprehensive platform for digital asset trading. With over 21 million users across 110+ countries, it provides a secure and reliable experience with more than 230 trading pairs.
UEEx prioritizes compliance, holding US MSB and Canada MSC licenses, ensuring robust anti-money laundering measures and transparent fund management.
It stores 93% of user funds in cold wallets and supports a $100 million Risk Mitigation Fund. With access to 300+ cryptocurrencies and stock trading options, UEEx is an ideal platform for all investment needs in Burkina Faso.
Pros
- Provides 100% insurance coverage for user funds
- Enables smooth trading across multiple devices for convenient transaction management anytime, anywhere
- Free deposits available
- Implements advanced security measures and SAFU fund protection for asset safety
- Access to over 300 cryptocurrencies with advanced trading capabilities
- Features unique tools like the OE Coin Miner app and trade-copying functionality.
Cons
- Relatively new exchange
Fees and Deposits
- Spot Trading: 0.09%
- Futures Trading: 0.05%
- Margin Trading: 0.08 %-0.10%
- Stock Trading: 1.50%
- Deposit fee: Free
Nexo – Best Exchange for Earning Rewards and Accumulating Interest
Nexo is an excellent exchange for earning rewards and accumulating interest in Burkina Faso. Since 2018, it has provided over 80 cryptocurrencies, including Bitcoin, Ethereum, and Solana, accessible through flexible payment options like Apple Pay, Google Pay, and bank transfers.
With Nexo, you can earn up to 16% annually on your digital assets, allowing you to grow your portfolio. The platform also offers a credit line starting at 2.9% and allows you to trade 100+ digital assets, with cashback on every trade.
Additionally, the Nexo Card lets you spend your crypto without selling it, offering up to 2% cashback on purchases. Nexo ensures secure transactions with 256-bit encryption.
Pros
- Offers multiple payment methods
- Nexo card allows you to switch between debit and credit spending, offering convenience and control
- Perpetual futures trading offers up to 50x leverage to capitalize on price moves in either direction
- 24/7 personalized support
- Offers great interest rates on crypto and fiat savings.
Cons
- There are limits on withdrawals, which may be restrictive for high-volume users
- You must complete identity verification to place buy and sell orders
- If the value of your collateral falls below a certain threshold, you may face a margin call
- Charges fees on certain transactions, which could add up over time
- Restricted to residents of certain jurisdictions, including the USA, and Canada.
Fees and Deposits
- Spot Trading Fee: 0.07%-0.20% taker, 0.04%-0.20% maker (decreases as volume increases)
- Futures Trading: 0.0600% taker (decreases as volume increases)
- Deposits and Withdrawal: Free
Yellow Card – Best Crypto Exchange for Secure and Accessible Trading Options
Yellow Card is a leading cryptocurrency exchange in Burkina Faso, offering secure and cost-effective solutions for buying and selling digital assets. Launched in 2019, Yellow Card quickly expanded across Africa, becoming the first licensed Stablecoin on-ramp/off-ramp on the continent.
With its user-friendly app, it allows users to trade Bitcoin, USDT, USDC, PYUSD, and more, using local payment methods such as mobile money and bank transfers. Yellow Card provides access to commercial trading liquidity and digital asset solutions for businesses of all sizes.
The platform ensures top-level security with mandatory PINs, complex passwords, and constant login protection, making it a trusted choice for cryptocurrency trading in Burkina Faso.
Pros
- Offers multiple layers of protection, including strong, unique passwords, PIN setup, two-factor authentication (2FA), and biometric login options
- Uses SOC 2 Type 2 attestation
- Free local and cross-border transfers
- Offers comprehensive payment tracking
- Receive crypto insights, tutorials, and company updates through the app and newsletter
- Easily buy, sell, and transfer Stablecoins and digital assets with the Yellow Card app.
Cons
- It primarily focuses on popular stablecoins like USDT, USDC, and PYUSD, limiting options for users looking to trade a wider range of cryptocurrencies
- Although Yellow Card operates in 20 African countries, it may not be accessible in other regions, limiting its reach
- It may not offer advanced trading tools and features.
Fees and Deposits
- Trading: Sell – XOF 636.46 / USDT or USDC and Buy – XOF 658.52 / USDT or USDC
- Deposit and Withdrawal Fees: 1%
Coinbase – Best Trusted and Secure Exchange to Buy, Sell and Manage Crypto
Popularly known across over 100 countries, Coinbase is a trusted platform for buying, selling, and managing cryptocurrencies in Burkina Faso. With $273 billion in safeguarded assets and advanced security features like cold storage, it ensures users’ investments are protected.
Coinbase supports over 240 cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, catering to a wide range of traders. Advanced tools such as real-time order books and detailed charts enhance the trading experience for seasoned investors, while beginners benefit from guides and resources.
Additionally, automatic staking rewards through Coinbase Earn make it a reliable choice for managing crypto efficiently.
Pros
- Boasts robust security measures for its digital wallet
- Offers a broad selection of popular cryptocurrencies for buying, selling, and managing assets
- Enables instant cryptocurrency purchases using credit or debit cards
- Ensures high-level security by storing 98% of user assets offline.
Cons
- Limited availability in certain regions, restricting access for users in specific areas
- Higher fees associated with instant purchases using credit or debit cards
- Customer support response times can be delayed.
Fees and Deposits
- Trading fees: 0.05% – 0.60%
- Credit/debit card purchases: 3.99%
- Deposits: Free for ACH transfer, USD 10 for wire transfer, and EUR 0.15 through SEPA(EUR)
- Withdrawal Fee: Free for ACH and SEPA withdrawal, USD 25 for wire transfer
- Crypto transfers: Free (blockchain fees apply)
- Staking fee: 25%
Avatrade – Best Regulated Exchange for Forex and Stocks
One of the top options for secure trading in Burkina Faso, AvaTrade is a highly regulated exchange founded in 2006. With oversight from nine regulatory bodies across six continents, it offers users safety and reliability.
AvaTrade provides access to a wide range of assets, including Forex, CFDs, cryptocurrency, and global stocks like Google, Apple, and Microsoft.
The platform features competitive spreads, low commissions, and up to 400:1 leverage. Its support for large position sizes, such as $1M for BTC and $750K for ETH pairs, makes it a trusted choice for traders seeking robust options.
Pros
- Allow users to trade over 1,000 CFDs with competitive spreads
- Regulated by top-tier financial authorities globally
- Intuitive and easy-to-use mobile app for trading on the go
- Enables social trading through its unique AvaSocial platform.
Cons
- Limited cryptocurrency selection compared to specialized crypto exchanges
- The minimum deposit is high
- Higher initial deposit requirement than some competitors
- Some assets are exclusively accessible through MetaTrader
- Spreads are competitive but not the lowest in the industry.
Fees and Deposits
- Minimum Deposits: $100
- Withdrawal Fees: Free
- Trading and Conversion Fees: Free
Kraken – Best Exchange for Crypto and NFT
With Kraken, traders in Burkina Faso can access a reliable platform for both cryptocurrency and NFT trading. Launched in 2011, Kraken supports over 10 million users in 190+ countries, offering access to more than 200 cryptocurrencies and margin trading with up to 5x leverage.
The platform’s mobile app allows users to amplify their positions, while advanced security features like cold storage and two-factor authentication (2FA) ensure safety. Kraken also offers rewards on assets like Algorand and Cardano, making it a strong choice for both new and experienced traders in Burkina Faso.
Pros
- Margin trading and futures are available for advanced traders
- It employs cold storage and two-factor authentication (2FA) to deliver top-level security for users
- Reduced spreads help lower the average cost per trade
- The platform offers strong liquidity across markets, ensuring stable pricing even for large-volume trades
- Known for its transparency, it was the first exchange to implement proof of reserves.
Cons
- Primarily designed for professional traders with high trading volumes
- Although trading fees are low, instant buy transactions may come with higher charges
- The account verification process can be slower compared to other exchanges.
Fees and Deposits
- Minimum Deposit: $10 (Beginner-friendly)
- Spot Trading Fees: Range 0.25%/0.40% maker/taker (lower fees for higher trading volumes)
- Futures Trading: 0.0200%/0.0500% maker/taker (lower fees for higher trading volumes)
- Deposit Fees: Free
- Withdrawal Fees: Vary by cryptocurrency
Binance – Best Crypto Exchange for Beginners and Experienced Traders
The Binance exchange is an excellent choice for both beginners and experienced traders in Burkina Faso. Offering over 350 cryptocurrencies, low transaction fees, and a P2P merchant application where users can trade directly with others, Binance caters to a wide range of trading needs.
With features like Binance Earn and an NFT marketplace, traders have access to various opportunities. Additionally, Binance provides educational resources through Binance Academy, ensuring users can easily navigate the platform. With advanced security measures and 24/7 multilingual support, Binance delivers a secure and reliable crypto trading experience.
Pros
- Provides competitive fees, which can be reduced further by using their native token, BNB, for transactions
- Offers a P2P platform where users can trade directly with others, providing flexibility and convenience
- Offers customer support in multiple languages
- Access to over 350 cryptocurrencies, allowing users to diversify their portfolios with various digital assets
- Binance Academy offers free resources to help users understand crypto trading and investment strategies.
Cons
- Some users may find Binance’s fiat deposit methods limited, especially in regions where local payment options are not fully supported
- Offers leverage trading, which can be risky for users unfamiliar with margin trading
- It has faced regulatory scrutiny in several countries.
Fees and Deposits
- Trading Fees: 0.1000% / 0.1000% Maker / Taker for Spot and margin (Fees may vary as the level increases)
- Deposit Fee: Free for crypto deposits and varies for fiat deposits
- Withdrawal Fee: Vary with each cryptocurrency
What to Consider When Choosing a Crypto Exchange in Burkina Faso
When choosing a crypto exchange in Burkina Faso, several key factors should be considered to ensure a safe, reliable, and convenient trading experience. This includes:
Security Features
| Exchange | Security Features |
| UEEx | Cold storage, Proof of Reserve |
| Nexo | 256-bit encryption. |
| Yellow Card | SOC 2 Type 2 attestationPIN setup, two-factor authentication (2FA), and biometric login options. |
| Coinbase | 98% of users’ assets in offline storageCold storage |
| Avatrade | Regulated across nine jurisdictions which are: FFAJ, CySEC, ISAIIROC, ADGM/FSRA, CBI, BVIFSC, FSCA and ASIC |
| Kraken | Utilizes cold storage and two-factor authentication (2FA) |
| Binance | Offline cold storage, two-factor authentication, multi-signature and threshold signature schemes (TSS) and Advanced Data Encryption |
Your assets’ safety should come first. Look for exchanges that implement robust security measures such as two-factor authentication (2FA) like Binance, biometric logins, and strong encryption protocols such as Nexo’s 256-bit encryption. Platforms like UEEx, can store 93% of users’ funds in cold storage and offer a $100 million Risk Mitigation Fund for maximum security.
Supported Cryptocurrencies
| Exchange | Available Assets |
| UEEx | 300+ |
| Nexo | 100+ |
| Yellow Card | Not Specified |
| Coinbase | 240+ |
| Avatrade | 1250+ |
| Kraken | 200+ |
| Binance | 350+ |
The range of cryptocurrencies available on a platform is crucial. Choose an exchange that supports a variety of digital assets, including Bitcoin, Ethereum, and stablecoins like USDT.
For example, Coinbase supports over 240 cryptocurrencies, and UEEx offers access to 200+ assets. This flexibility allows you to diversify your portfolio easily.
Local Payment Methods
A platform that integrates with local payment options simplifies deposits and withdrawals. Consider exchanges that support popular payment methods in Burkina Faso, such as mobile money and bank transfers. Yellow Card, for instance, allows transactions in the XOF local currency, making it easier to trade seamlessly.
Fees
| Exchange | Trading Fees | Deposits | Withdrawals |
| UEEx | Spot Trading: 0.09% Futures Trading: 0.05% Margin Trading: 0.08 %-0.10% Stock Trading: 1.50% | Free | Vary by cryptocurrency. Charges 0.002 BTC for BTC withdrawal on Bsc network and 1 USDT on both TRC20 and BSC network to withdraw USDT |
| Nexo | Spot Trading Fee: 0.07%-0.20% taker, 0.04%-0.20% maker (decreases as volume increases) Futures Trading: 0.0600% taker (decreases as volume increases) | Free | Free |
| Yellow Card | Sell – XOF 636.46 / USDT or USDC Buy – XOF 658.52 / USDT or USDC | 1% | 1% |
| Coinbase | Spot Trading Fees: 0.05% – 0.60% | Free for ACH transfer, $10 USD for wire transfer and €0.15 EUR through SEPA(EUR) | Free for ACH and SEPA withdrawal, $25 USD for wire transfer |
| Avatrade | Free | Not mentioned | Free |
| Kraken | Spot Trading Fees: 0.25%/0.40% maker/taker (lower fees for higher trading volumes) Futures Trading: 0.0200%/0.0500% maker/taker (lower fees for higher trading volumes) | Free | Varies |
| Binance | Trading Fees: 0.1000% / 0.1000% Maker / Taker for Spot and margin (Fees may vary as the level increases) | Free for cryptocurrencies. Fees for fiat deposits vary depending on the chosen payment method and currency. | Vary by crypto. |
High fees can quickly eat into your profits, so opt for platforms with low and transparent fee structures. UEEx offers trading fees as low as 0.05%, while Kraken also provides competitive rates. Always review withdrawal and deposit charges to avoid unexpected costs.
User Experience and Interface
Whether you’re new to crypto or an experienced trader, an intuitive platform makes all the difference.
Look for exchanges with clean designs and features like mobile apps to help you trade on the go. UEEx, for instance, offers copy trading features and provides each user with access to unique wallet addresses for better organization and ease of use.
Customer Support
Reliable customer support is essential, especially if you encounter issues. Platforms like UEEx provide 24/7 customer support through live chat and email, ensuring you can get assistance whenever you need it.
Regulatory Compliance
Although cryptocurrency remains unregulated in Burkina Faso, it’s wise to choose exchanges that adhere to international standards. Avatrade, for example, is regulated across nine jurisdictions, offering a sense of trust and transparency. Compliance with global regulations reflects the platform’s commitment to security and operational excellence.
How to Start Trading on UEEx in Burkina Faso
In Burkina Faso, trading on UEEx is quite easy. Follow these steps:
Open an Account
Go to the UEEx website and navigate to the top right corner of the homepage, where you’ll see the “Sign Up” button. Click on it. On the next page, fill in your details, including your phone number or email, a secure password, and an invitation code (if you have one) for commissions. Once done, click on “Sign Up.”
You’ll receive a verification code sent to your email or phone. Enter this code to confirm and activate your account. You’re now ready to start trading on UEEx!
Deposit Funds
To start trading immediately, go to the “Asset Management” section of the UEEx platform. In this section, find the “Recharge” option under your selected asset and choose the cryptocurrency or fiat option you prefer.
Follow the on-screen instructions to complete the deposit process. The time it takes for your deposit to clear will depend on the cryptocurrency or fiat currency you use, as well as the required block confirmations or deposit processing time. Once your funds are deposited, you’re all set to begin trading!
Start Trading
Now that you have successfully funded your account, it’s time to start trading. Simply click “Trade” next to your chosen asset. You’ll then need to choose an order type:
- Market Order: This option buys or sells immediately at the current market price.
- Limit Order: With this, you can set a specific price for buying or selling.
The next thing is to enter the amount of cryptocurrency you want to buy or the fiat currency you wish to spend. Once you’ve reviewed your order, click “Buy” or “Sell” to complete the transaction and start trading!
Are Crypto Exchanges Legal in Burkina Faso?
Crypto exchanges are not officially regulated in Burkina Faso, as the country does not have specific laws governing cryptocurrency. However, there are no explicit bans on trading or using digital assets either.
This means crypto exchanges can operate in the country, but users should be aware of potential risks, as the legal status of cryptocurrencies remains uncertain. It’s important to choose reputable and secure platforms that comply with international standards to ensure safe trading.
Conclusion
This comprehensive article has broken down and explained the top crypto exchanges in Burkina Faso for 2025, offering valuable insights on security, fees, and features. Whether you’re new to crypto or an experienced trader, choosing the right platform is crucial for success.
Don’t let the lack of regulation of cryptocurrency in Burkina Faso discourage you from exploring the opportunities crypto has to offer—find a reliable exchange and start investing today.
Frequently Asked Questions
How To Buy Crypto in Burkina Faso?
You can buy Bitcoin in Burkina Faso by visiting the UEEx website and creating an account. After verifying your identity, you can deposit funds using local payment methods such as bank transfers or credit/debit cards. Once your account is funded, you can easily purchase Bitcoin and other cryptocurrencies through the platform’s secure trading interface.
What Is the Best Exchange for Future Crypto?
UEEx, Binance, and Coinbase are some of the best exchanges for future crypto trading.
Is There a Better Crypto Exchange Than Binance?
UEEx may be considered a better crypto exchange than Binance for some users, particularly for those looking for a more secure platform with insurance coverage for user funds and advanced features like trade-copying.
What Is the Most Promising Crypto for 2030?
Bitcoin, Solana, Jasmy, Shiba Inu, and BNB show strong potential for 2030 due to their innovative technologies and growing adoption.
What Is a Cold Wallet?
A cold wallet is a type of cryptocurrency storage that is not connected to the internet, making it highly secure from online threats such as hacking. It is used to store digital assets offline, typically in hardware devices or paper wallets, ensuring that private keys remain safe from unauthorized access.
