How to Buy Bitcoin and Crypto in Kenya
What we Found
Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
Bitcoin and other cryptocurrencies have become popular investment opportunities worldwide, and Kenya is no exception. Here are some key points to keep in mind when trading cryptocurrency:
Choose a reputable cryptocurrency exchange: Look for an exchange that is reputable, secure, and offers a variety of cryptocurrencies. Some popular exchanges that operate in Kenya include Binance, BitPesa, and Paxful.
Develop a trading strategy: Determine your goals, risk tolerance, and preferred trading approach. This could involve technical analysis, fundamental analysis, or a combination of both. Consider using stop-loss orders to limit your losses and take-profit orders to lock in profits.
Stay informed: Keep up to date with market news, trends, and events that could impact cryptocurrency prices. Follow industry leaders, join online communities, and read reliable news sources.
If you’re looking to buy Bitcoin and other cryptocurrencies in Kenya, you can follow these steps:
Choose a cryptocurrency exchange: Research and choose a reputable cryptocurrency exchange that operates in Kenya.
Create an account: Follow the registration process and provide the necessary personal and financial information.
Fund your account: Add funds to your account using a bank transfer, mobile money, or other payment methods supported by the exchange.
Buy Bitcoin or other cryptocurrencies: Once your account is funded, navigate to the trading section of the exchange and select the cryptocurrency you wish to buy. Enter the amount and execute the trade.
Store your cryptocurrency: After buying Bitcoin or other cryptocurrencies, transfer them to a secure digital wallet to keep them safe from hackers and theft.
Remember to always conduct your own research, practice caution, and never invest more than you can afford to lose.
Most popular crypto exchanges
Buy Bitcoin and Crypto through Coinbase
- Coinbase is a convenient and cheap way to buy Ethereum and the platform is open to 200+ countries). Coinbase will sell you CRO for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Cronos”
Buy Bitcoin and Crypto through Crypto.com
- Crypto.com is a cryptocurrency exchange company based in Singapore. As of May 2022, the company reportedly had 50 million customers and 4,000 employees. The exchange issues a token, Cronos.The company was initially founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as “Monaco”. In 2018, the company was renamed as
Buy Bitcoin and Crypto through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
- Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through Bitfinex
- Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.