How to buy Bitcoins in Kenya

How do you buy Bitcoins or Ethereum in Kenya?

  1. You can buy bitcoins from a friends.You give them the KES and they in turn send bitcoins to your bitcoin address.The limit to this is that not many of us have friends with bitcoins…:) check out  to buy or sell bitcoins and pay via MPESA/ Bank deposit etc.
  2. You can also buy via online exchanges like Coin Mama. Here you will be able to link you credit card / credit card and provide some personal information to get started.

Once you have a Bitcoin wallet, you use a traditional payment method such as credit card, bank transfer (ACH), or debit card to buy Bitcoins on a Bitcoin exchange (example: Coin mama). The Bitcoins are then transferred to your wallet.

Please note bitcoin transactions can not be reversed….so send to reputable/ trusted parties…who will meet their part of the bargain ie…offer the service the promised to give.

Before owning any bitcoin, you need somewhere to store them. That place is called a “wallet.” Rather than actually holding your bitcoin, it holds the private key that allows you to access your bitcoin address (which is also your public key).

A wallet usually holds several private keys, and many bitcoin investors have several wallets.

Wallets can either live on your computer and/or mobile device, on a physical storage gadget, or even on a piece of paper.

You can also buy Bitcoins via online market place where buyers and sellers meet and exchange bitcoins for KES via mpesa. You want some? Buy some #bitcoins Get started

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