Deposit Bitcoin or Ethereum, exchange bitcoin or Ethereum to your desired coin; Withdraw back to the specific coin wallet address; Keep your account safe. Follow us on Twitter for latest posts and updates. BUY AND SELL CRYPTOCURRENCIES IN KENYA: You can easily buy and sell cryptocurrencies in Kenya on the Paxful peer-to-peer bitcoin exchange platform. Additionally, How to trade Bitcoin in kenya, bitcoin exchanges, where bitcoins are traded for traditional currencies, may be required by law to collect personal accumulation. To intensify commercial enterprise privacy, fat-soluble vitamin new bitcoin speech tail end be generated for each transaction. Jan 13, · You have two options when considering where to buy or sell bitcoin for Kenya shillings. One option is the members of the Blockchain Association of Kenya who broker bitcoin and digital assets locally. Another option is to head over to an online peer-to-peer marketplace where you can exchange regular money for digital assets.
How to trade bitcoin in kenyaHere are 2 Easy Ways to Trade Bitcoin in Kenya. - Joon Online
There are various application and websites that you can use to buy and sell bitcoins in Kenya. In this case, i am going to use LocalBitcoins. With LocalBitcoins you can buy Bitcoins through mpesa or bank. Below is how to go about it;. Be aware of phishing attempts! Recommendation : Paxful is another great alternative of LocalBitcoins for Kenyans that we do recommend.
It also allows selling and buying bitcoins through Mpesa. Read how paxful works. You can also comment below for any Question and We Will reply to you. Thank you for subscribing. Apart from buying and selling bitcoins which other charges will a prudent investor incur before receiving profits from this investment.
I am interested in this. How do I know a bitcom dealer is genuine, straight before buying bitcoins? Can somebody help and assist me to join and buy Bitcoins. Its not fiat currency. Thanks for the info, i would like to know how many bitcoins are in circulation worldwide and whether they are still being produced.
Then you are in the right place because, in this post, I will reveal how to trade Bitcoin in Kenya. It is typical of currencies to have their exchange values against each other fluctuate from time to time. Buying a currency when its exchange value is low and selling it when its exchange value shoots, allows you to make profits.
Here, you buy Bitcoin at low costs, store them in Bitcoin wallets and then sell them at higher prices when their prices rise. If so, you can go ahead and buy Bitcoin from different sources. Know the current prices so that you are not ripped off. Go ahead to look for sellers from trusted sites such as localbitcoins. You just log into your Bitcoin wallet, go to Receive, and copy the unique receive wallet address and send it to the seller to transfer Bitcoin into your wallet.
You can then send them the agreed amount in Kenya Shillings via common payment methods such as M-Pesa, Bank transfers, and others which you agree. Store Bitcoin in Bitcoin wallet and Back them up — once you receive Bitcoin from various sources into your wallet, your only option is to store them until the right time to sell. While storing them in your wallet, you also need to back the wallet important keys in a secure offline location such as flash discs or prints. You do not want to be logged out of your own wallet and lose access to millions worth of Bitcoins, do you?
Then consider backing up your Bitcoins safely. Sell Bitcoin at higher prices — in your market research, you projected when the price of Bitcoin would peak. When that time comes and the current price is something you can make a reasonable profit out of, you are then going to sell your Bitcoin. Look for interested buyers at trusted sites like localbitcoins. This method of trading Bitcoin is risky though. Beware of scammers with fishy intentions. Bitcoin, just like other currencies, have their exchange values listed on the asset market.
There, you can stake amounts of money to make predictions of price rises and falls of Bitcoin. You make profits if your forecasts turn out correct. This method of trading Bitcoin is secure, fast, and reliable. Do you believe in the future of crypto? Then it is time to make money trading Bitcoin in Kenya.