South African bitcoin prices have a premium, up to $50,000 in Zimbabwe

After the government banned, Zimbabwe’s only encrypted exchange, Golix, was closed in May 2018, and it was difficult for the country to buy bitcoin. The only way seems to be a peer-to-peer transaction, but unless you buy it from abroad, the asking price is up to $50,000. EcoCash claims to be Zimbabwe's mobile currency solution. To buy Bitcoin locally, the credible minimum asking price is $50,000, and some people even offer nearly $100,000. EcoCash said it doesn't know if there are any transactions at this price, and Zimbabwe has no record of buying at EcoCash. South Africa's crypto exchange Luno currently has a premium of about $1,000 for bitcoin.