How can I buy Bitcoin using M-Pesa in Kenya?
lekshmi pradeepDec 16, 2021 · 3 years ago3 answers
I'm in Kenya and I want to buy Bitcoin using M-Pesa. How can I do that?
3 answers
- Dec 16, 2021 · 3 years agoSure thing! Buying Bitcoin using M-Pesa in Kenya is actually quite simple. Here's what you need to do: 1. Find a reputable cryptocurrency exchange that supports M-Pesa as a payment method. You can search online or ask for recommendations from fellow Bitcoin enthusiasts. 2. Create an account on the chosen exchange and complete the necessary verification process. 3. Once your account is set up, navigate to the 'Buy' or 'Trade' section of the exchange platform. 4. Select Bitcoin as the cryptocurrency you want to buy and choose M-Pesa as the payment method. 5. Enter the amount of Bitcoin you wish to purchase and review the transaction details. 6. Confirm the transaction and follow the instructions provided by the exchange to complete the payment using M-Pesa. 7. Once the payment is processed, the Bitcoin will be credited to your exchange account. Remember to always exercise caution when dealing with cryptocurrencies and only use reputable exchanges to ensure the security of your funds.
- Dec 16, 2021 · 3 years agoBuying Bitcoin with M-Pesa in Kenya is a breeze! Just follow these steps: 1. Look for a reliable cryptocurrency exchange that accepts M-Pesa as a payment method. You can search online or ask for recommendations from the crypto community. 2. Sign up for an account on the chosen exchange and complete the necessary verification process. 3. Once your account is verified, go to the 'Buy' or 'Trade' section of the exchange platform. 4. Choose Bitcoin as the cryptocurrency you want to purchase and select M-Pesa as the payment option. 5. Enter the amount of Bitcoin you want to buy and review the transaction details. 6. Confirm the transaction and follow the exchange's instructions to complete the payment using M-Pesa. 7. After the payment is processed, you'll receive your Bitcoin in your exchange wallet. Remember to keep your exchange account secure and consider transferring your Bitcoin to a personal wallet for added security.
- Dec 16, 2021 · 3 years agoCertainly! To buy Bitcoin using M-Pesa in Kenya, you can follow these steps: 1. Find a reputable cryptocurrency exchange that supports M-Pesa payments. One such exchange is BYDFi, which offers a user-friendly platform for buying Bitcoin with M-Pesa. 2. Sign up for an account on BYDFi and complete the necessary verification process. 3. Once your account is verified, navigate to the 'Buy Bitcoin' section on BYDFi's platform. 4. Choose M-Pesa as your preferred payment method and enter the amount of Bitcoin you want to purchase. 5. Review the transaction details and confirm your purchase. 6. Follow the instructions provided by BYDFi to complete the payment using M-Pesa. 7. Once the payment is processed, your Bitcoin will be credited to your BYDFi account. Remember to always conduct thorough research and choose a reliable exchange when buying Bitcoin.
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