Mpesa And All Other Ways You Can Buy Bitcoin In Kenya Effortlessly

Buying Bitcoin in Kenya has become increasingly accessible, thanks to platforms that integrate M-Pesa and other convenient payment methods.

Here’s a step-by-step guide to purchasing Bitcoin:

1. Using M-Pesa

Several cryptocurrency exchanges and peer-to-peer platforms support M-Pesa as a payment method.

Steps

1. Choose a platform: Use exchanges like Binance P2P, Paxful, or LocalBitcoins.
2. Register: Create an account on your chosen platform and complete the verification process.
3. Search for a seller: Select Bitcoin sellers who accept M-Pesa.
4. Make payment: Transfer the agreed amount via M-Pesa to the seller’s number.
5. Receive Bitcoin: Once the payment is confirmed, the seller releases Bitcoin to your wallet.

Tip: Ensure you check the seller’s ratings and transaction history to avoid scams.

2. Using Bank Transfers

Some platforms also allow direct bank transfers for buying Bitcoin.

Steps

1. Choose a platform: Try global exchanges like Binance or Crypto.com.
2. Deposit funds: Link your bank account and deposit Kenyan Shillings (KES) or USD.
3. Buy Bitcoin: Use your deposited funds to purchase Bitcoin on the platform.

3. Using Debit or Credit Cards

Platforms like Coinbase and Luno accept card payments for buying Bitcoin.

Steps

1. Sign up: Create an account on the platform.
2. Add your card: Enter your debit or credit card details.
3. Buy Bitcoin: Enter the amount you wish to buy and complete the transaction.

4. Bitcoin ATMs

Although rare, Bitcoin ATMs in Kenya allow you to buy Bitcoin using cash.

Steps

1. Locate an ATM: Use platforms like CoinATMRadar to find the nearest Bitcoin ATM.
2. Deposit cash: Insert cash into the ATM.
3. Receive Bitcoin: Scan your wallet’s QR code to receive the Bitcoin.

5. Mobile Wallets

Platforms like BitPesa (now AZA Finance) integrate Bitcoin purchases with mobile money services like M-Pesa.

Steps

1. Sign up: Register for an account on the platform.
2. Deposit funds: Use M-Pesa to load funds into your wallet.
3. Buy Bitcoin: Use the funds to purchase Bitcoin directly.

Things to Consider

• Security: Always transfer your Bitcoin to a secure wallet after purchasing.
• Fees: Be aware of transaction and withdrawal fees on each platform.
• Scams: Only transact on reputable platforms and verify sellers in P2P transactions.