Africa Bitcoin Promos - Full List (Updated Daily - August 2020)

Africa Bitcoin Promos – Full List (Updated Daily – August 2020)

On this page, BlockNewsAfrica covers the biggest bitcoin and cryptocurrency promotions from top brands in the space. This page is updated frequently, check back regularly to see the latest promotions in the space.

Also, you can join us on Telegram to have access to every promotion directly in your Telegram inbox, as soon as we update the page.

August Competitions

1. Paxful Nigeria Trading Competition

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Paxful is giving away prizes to the most active traders between Monday, August 3 12:01 AM, and Monday, August 17, 11:59 PM.


  • 3 top traders who complete the most trades (🥇 30,000 NGN, 🥈 25,000 NGN, 🥉 20,000 NGN)
  • 3 top traders who complete trades of the highest volumes (🥇 30,000 NGN, 🥈 25,000 NGN, 🥉 20,000 NGN)
  • 1 trader who made the most number of trades in Nigerian Naira (20,000 NGN)
  • 10 randomly selected traders for consolation prize (10,000 NGN each) 

How to enter:

  • Create an account on Paxful.
  • Start trading and work towards reaching various prize thresholds.
  • You must be a Paxful trader in Nigeria with less than 500 total trades and register via this form after you enter.

2. Paxful 100,000 ZAR Promo For South African Users 

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Paxful is giving away 100 ZAR worth of BTC to each of 1,000 newly registered and ID-verified Paxful users. Check out this thread for the mechanics. 

Prize: 100,000 ZAR ($5.8k)

Duration: All of August (Until first, 1,000 new users is reached).


  • Sign up on Paxful
  • Verify your ID
  • Make a trade on Paxful

Monitor Paxful social media pages to see winners.

July Cryptocurrency Promos

Binance July Futures Trading Competition: Trade and Win – More than $5,000 in Total Prizes

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Binance Futures is holding a trading competition exclusively for traders from Africa from 0:00 AM (UTC) of June 26, 2020, to 0:00 AM (UTC) of July 17, 2020, with a total prize pool of more than 5,000 USD in BNB tokens.

Prize: Over $5,000 in prizes.


  • Sign up on Binance (use “O4EY05O6 “to get 10% off all your transaction fees).
  • Open a Binance Futures account: Open binance, go to Derivatives > Select perpetual or quarterly futures
  • Trade with a starting balance of at least $20

More details:

To participate in this competition, each user will be required to have a starting balance of at least $20 in their Binance Futures account. Nigerian users will be required to have made a deposit of 10,000 NGN through Flutterwave before qualifying. Ensure you have a Binance account and then enter your details in this form to participate in the competition.

Ends: July 17, 2020.

Paxful 5th Anniversary Giveaway – Over $6,000 In Multiple Promotions

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Paxful is organizing several bitcoin promos in Africa for the month of July as part of their 5th-anniversary celebration. Here is a break down of all the bitcoin promos in Africa by Paxful:

1. Weekly $1,000 #MyPaxfulStory Giveaway*

You could win $200 every week in July by participating in the Paxful #MyPaxfulStory social media campaign. Here is how:

Prize: 1,000 USD worth of BTC to 5 people (200 USD each) whose comments got the most likes.

How to enter:

  • Create an account on Paxful.
  • Follow @paxful on social media 
  • Like the #MyPaxfulStory post that they post every Monday throughout July at 7AM EST 
  • Answer the #MyPaxfulStory question in the comments with the hashtags #MyPaxfulStory and #Paxful5

2. “Paxful5” Trade and Win – $5,000 in Total Prize**

You could win $5000 in July by participating in the #Paxful5 trading campaign. Here is how:

Prize: 1 winner will receive 5,000 USD in BTC to their Paxful wallet.

How to enter:

  • Create an account on Paxful.
  • Create a new offer with any payment method 
  • Add Paxful5 as an offer tag 
  • Start trading!

You’ll get one raffle entry after every 5 successful trades (not canceled or disputed) using the Paxful5 offer tag.

Get more details about Paxful giveaways here.

Ends: All campaigns end on July 31, 2020

NOTE: This content is for information purposes only and should not be considered as investment advice.

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BlockNewsAfrica is a Ghanaian based media company that will provide information and data on the developments in the cryptocurrency and blockchain technology industry on the African Continent.

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