How to Buy and Sell Bitcoin Instantly in Kenya

It’s no longer a myth that Bitcoin offers a potential alternative to traditional remittance services, which we know the latter can be expensive and time-consuming. The introduction of digital currencies into the world’s economy has modernized the way money is spent and financial transactions at large. This is why Kenya ranks high globally in terms of digital currency adoption, with a substantial portion of the population aware of and engaging with Bitcoin. Factors like M-Pesa, (mobile money service) and a tech-savvy population have contributed to the growth of Bitcoin usage.

Bitcoin indeed offers many benefits, including decentralization, low transaction fees, and the ability to send money across borders quickly and securely. However,  buying and selling Bitcoin can seem a little difficult, especially for beginners unfamiliar with the process. This is what Bitnob solves for. With Bitnob, you can easily tap into Bitcoin trading in Kenya without any glitches. So, if you're interested in buying and selling Bitcoin in Kenya, and you want to ensure you're doing it safely and efficiently, then this article is for you. Our easy-to-follow steps will help you buy and sell Bitcoin with confidence. 

Benefits of Buying and Selling Bitcoin on Bitnob

Bitnob is a  platform for buying and selling Bitcoin amongst many other features, especially for users in Africa. It provides an easy-to-use interface that allows you to seamlessly trade Bitcoin while enjoying a number of key benefits. Below are some of the top advantages of using Bitnob for Bitcoin transactions: 

Low Transaction Fees

Amongst many benefits of using the Bitnob App for bitcoin trading, one of the most important is its competitive transaction fees, which are generally lower than those of many international digital currency platforms. By offering lower fees, Bitnob ensures that users in Africa which also includes Kenya can maximize their profits from Bitcoin trading without losing too much to commissions or hidden charges. 

Fast and Efficient

Bitnob processes Bitcoin transactions quickly, meaning you don’t have to wait long to complete your trades. Whether you’re buying Bitcoin during a price dip or selling when the price rises, Bitnob ensures that your transactions are executed swiftly, helping you take advantage of the market’s volatility in real-time.

Secure Transactions

Security is a key concern for anyone involved in digital currency trading, and Bitnob strongly emphasizes safeguarding your funds. The platform employs industry-standard security measures, such as two-factor authentication (2FA) and encryption, to protect your account and transactions. 

User-Friendly Interface

 The Bitnob’s app is a clean, easy-to-navigate interface that ensures that buying and selling Bitcoin is straightforward, even for those new to digital currency. Bitnob is designed to be simple and intuitive, making it ideal for both beginners and experienced traders.

How to Buy Bitcon in Kenya

Buying bitcoin on the Bitnob app even in Kenya is easy, but your USD wallet needs to be funded first, then you have to follow the steps below…
 

• Tap “Actions” at the bottom of your app's home page
• Tap "Accounts"
• Swipe left to your BTC Wallet
• Tap "Buy"
• The app will take you to the buy page
• Input the amount you want to buy in USD
• Tap "Continue"
• Input a transaction note to help you remember your transaction
• Tap "Next"
• Crosscheck the transaction summary for any correction
• Tap “Complete Purchase”
• Congratulations! You have successfully acquired more bitcoins.

How to Sell Bitcoin in Kenya

To sell Bitcoin on the app is also as easy and seamless as buying. To sell, follow these steps;

• Tap “Actions” at the bottom of your app's home page
• Tap "Accounts"
• Swipe left to your BTC Wallet
• Tap "Sell"
• The app will take you to the sell page
• Input the amount you want to sell in USD
• Tap "Continue"
• Input a transaction note to help you remember your transaction
• Tap "Next"
• Crosscheck the transaction summary for any correction
• Tap “Complete BTC sale”
• Congratulations! You have successfully sold some bitcoins

Final Words 

In conclusion, buying and selling Bitcoin in Kenya is a straightforward process once you understand the steps and choose Bitnob. Whether you're a beginner or an experienced trader, it’s important to stay informed, Download the Bitnob app now to start your Bitcoin trading journey.