Welcome! Glad to have you here! In this post, you will Learn How to Buy Bitcoin on Paxful using M-Pesa in Kenya.
Buy Bitcoin using M-Pesa for any of the following listed amounts here below in Kenya Shillings right now
Right here is the updated current Bitcoin Price in Kenya Shillings as of this minute.
You do not have to wait to read thru the entire post to get started, check out any of the Buy Bitcoin Offers in KShs ( see orange buttons above for various Bitcoin Prices in Kenya Shillings ) to Buy Bitcoin on Paxful using M-Pesa instantly.
When you are thru reading this, you will know How to Buy Bitcoin in Kenya and also learn How to Buy Bitcoin on Paxful using M-Pesa. You will be equipped to Buy Bitcoin in Kenya using Paxful Bitcoin Exchange from the Safety of your Mobile Phone. Are you ready to own your first ever Bitcoin?
To Buy Bitcoin in Kenya, First Register for a Bitcoin Trading Account on Paxful in Kenya. Verify your Paxful Bitcoin Account in Kenya. Thereafter, Top up your M-Pesa Balance and Find a Good Bitcoin Price offer from a Trusted Bitcoin Seller on Paxful in Kenya. Credit Bitcoin Seller’s M-Pesa account with the amount that you want to Buy Bitcoin for and they will then send you the Bitcoin value you ordered for to your Paxful Bitcoin Account. That’s all you need to do to Buy Bitcoin in Kenya.
Want to Buy Ethereum crypto coin instead, check out this post on How to Buy Ethereum in Kenya using M-Pesa on Paxful Crypto Coins Exchange.
In less than 5 minutes, you will be owning your first ever Bitcoin hassle FREE.
Before you start trading Bitcoins in Kenya, take a moment and check out what is the Government of Kenya’s standing on matters Bitcoin and other CRYpto Currency Coins from this Central Bank of Kenya’s notice about Bitcoins.
Buying Bitcoins with M-Pesa in Kenya is much more simple on Crypto Coin Exchanges like on Paxful Bitcoin Exchanges in Kenya from where you can Buy Bitcoins with M-Pesa such that from anywhere in East Africa region, you can Sign Up for a Bitcoin Account in Kenya and use your country’s local currency to amass a stake of Bitcoins.
Tanzania, Ethiopia and Uganda can buy Bitcoin with Tanzania Shillings, Ethiopian Birr and Uganda Shillings respectively and so can Kenyans amass a stake of Bitcoins with Kenya Shillings.
Before you continue to read this post, it is essential to learn and know what an M-Pesa Mobile Wallet is and why it has created its own unparalleled niche as an exemplary cashless Payment Service especially in the East African block of countries.
M-Pesa has facilitated ease of doing business and a smooth means of transacting business in this part of Africa.
M-Pesa has provided Financial Inclusion to those who were previously unbanked and this has made it easy, simple and painless to pay for goods and services.
M-Pesa has also made it very convenient to pay and access government services.
It has also helped stymie rampant corruption that has always been prevalent with most government institutions and offices.
Any Bitcoin Exchange or Crypto Coin Exchange that shuns M-Pesa is considered alien and discriminating to the Kenyan locals here.
This is the reason why peer exchanges like Paxful Bitcoin Exchange are having significant success in Kenya.
This is because
Money here in Kenya exchanges hands, NO! Money here in Kenya is exchanged more often via Mobile Money Wallets like M-Pesa or AirtelMoney.
Money in Kenya hops more often from one Mobile Phone’s Wallet to another than it does via cash payments by hand.
Should you want to view the current price at which Bitcoin is retailing for check out Bitcoin Price in Kenya Shillings.
Should you be looking for information on How to Quickly Cash your Bitcoins to Kenya Shillings, check out this post on How to Withdraw Bitcoins to M-PESA
Should you be looking for information on How to Quickly Buy Ethereum Coins in Kenya Shillings via M-Pesa, check out this post on How to Buy Ethereum with M-Pesa in Kenya
Learn How to choose Good Bitcoin Account User Name and How to avoid Bad Bitcon Account User Name before you Sign Up for a Bitcoin Account in Kenya on a Bitcoin Exchange like Paxful. See some of the Bitcoin User Names Kenyan Bitcoin Traders use online here.
Do not forget to Verify your Paxful Bitcoin Account in Kenya before you embark on Trading Bitcoin with your Registered Bitcoin Account.
You can Buy Bitcoin hassle free in Kenya using Kenya Shilling without converting your money to USD (United States Dollars) or EUR (Euros) or GBP (Great Britain Pound) on these Exchanges
- Paxful Bitcoin Exchange
Why is it more Simple and Easy to Buy Bitcoins with M-Pesa in Kenya Shillings on Paxful Exchange than on any other Bitcoin Exchange?
Kenya Shilling is limited for use in Kenya only. Every country has their own currency and so does Kenya.
Most of the Crypto coins exchanges accept USD (United States Dollars) or EUR (Euros) and if you do not have a way of converting your KShs to USD or EUR you meet your first obstacle.
Luckily, Paxful Bitcoin Exchange, LocalBitcoins, Remitano are Peer to Peer Bitcoin Exchanges where you can actually find traders within your locality who are willing to sell and buy Bitcoins from you in your local currency.
A Bitcoin Exchange is an online website where you can find Traders who are Selling Bitcoin and where you can Sell your Bitcoin to ready Bitcoin Buyers. (Ni kama kusema soko ya Bitcoins or a Bitcoin Market Place).
Well known and vibrant Bitcoin Market places frequented by People all around the world and also in Kenya where you will find Kenyan traders who are ready any time of the day or at night to Sell and Buy Bitcoin in Kenya Shillings to you are; Paxful Bitcoin Exchange, LocalBitcoins, Remitano .
Where in Kenya can I Buy Bitcoins via M-Pesa?
To buy Bitcoins on any Bitcoin Exchange, you must have a Bitcoin Account on a Bitcoin Exchange where you want to Buy or Sell Bitcoin.
A Bitcoin User Account is also commonly known as a Bitcoin Wallet. Paxful Bitcoin Exchange, LocalBitcoins, Remitano and LocalCryptos will give you a FREE Bitcoin Account / FREE Bitcoin Wallet. to welcome you to trade on their Platform ( Bitcoin Exchange ).
With these basics on our hands, I will now teach you How to Buy Bitcoin using M-Pesa in Kenya.
The remainder of this post will show you How to Buy Bitcoin on Paxful Bitcoin Exchange via M-PESA.
Do not forget to check the following M-Pesa Charges levied for M-Pesa Transactions in Kenya.
To buy and pay for anything via M-PESA, you must have a registered Safaricom SIM card which is configured for M-PESA by Safaricom.
Should you be wondering how do you get a Safaricom SIM card for your Phone and get it Registered for use, visit this web Page to learn How to Buy and Get your Safaricom SIM Card Registered for use with your Mobile Phone so that you can use M-Pesa.
This article assumes that you already know how to use M-Pesa to make and receive payments with your Safaricom Registered SIM Card from your Phone.
I will not assume everyone does. So, if you still would like to enroll and register for M-Pesa and you do not know how to start or go about it, worry not, check out this Safaricom M-Pesa’s web page here with information on how to register for M-Pesa for FREE.
You can buy Bitcoin for as little as KShs 10,000. Some traders on Paxful Bitcoin Exchange can be willing to sell to you Bitcoins for that amount. What you need to do is to find them on Paxful Bitcoin Exchange.
The rest of this article I will dedicate it to equip you with information to Help you Buy your first Bitcoin with M-PESA in Kenya from Paxful Bitcoin Exchange.
Ready we get started? Read on!
To Sign Up for a Bitcoin Account in Kenya, Login to Paxful Bitcoin Exchange and create a FREE Bitcoin User Account ( also known as Bitcoin Wallet ).
If you do not have one already, click Paxful Bitcoin Exchange to go Sign Up for a Bitcoin Account in Kenya and Register for a FREE Bitcoin Wallet or open your existing Paxful Bitcoin Exchange User Account.
Registering or rather simply put, to Sign Up for a Bitcoin Account in Kenya ( Bitcoin Wallet in Kenya ) on Paxful Bitcoin Exchange is as simple and easy as opening a FREE e-mail account on Google’s Gmail and it is FREE.
IMPORTANT: If anyone tells you that you need to pay some amount of money to Sign Up for a Bitcoin Account in Kenya in order to get Registered as a Bitcoin Trader in Kenya, that person is telling you a big white lie.
Be smart do not fall prey to those deceitful con artists ( Nimekupasha habari mwenzangu ).
How to Buy Bitcoins in Kenya with M-Pesa on Paxful Bitcoin Exchange?
A Paxful Bitcoin Exchange trader will NOT have Bitcoins packaged for Kshs 10000, KShs 20000, KShs 50000, KShs 100000, KShs 500000 or anything like that so that you can choose a combination you want like you are buying tomatoes in a market. Hahaa !
Here things are a little bit different.
A Bitcoin trader lists the price in Kshs per 1 Bitcoin. e.g. KShs 1972500.
The Paxful Bitcoin Exchange calculates in realtime as you type the amount of Bitcoin you will receive as you type the amount of KShs you are willing to spend to Buy Bitcoin.
You can see this as you type amount in KShs. The Paxful Bitcoin exchange unlike other Bitcoin trading platforms has a very simple, friendly and an intuitive user interface and besides they also hold functions in Kenya to create more awareness and receive feedback about their Bitcoin Trading Platform.
This is a PLUS for a business that aspires to avail to the market a Bitcoin Trading solution that meets customer requirements, needs and ease of making payments.
Your Guiding Checklist on How to Buy Bitcoin on Paxful using M-Pesa in Kenya
Like in any market, you want to buy Bitcoins from an authentic / trusted trader and one whose prices are not exorbitant. So how do you do that?
On Paxful Bitcoin Exchange a Bitcoin trader has two ratings you can use to gauge the following;
- Number of trades they have successfully transacted.
- Their reputation as number of green likes. How many people have accorded this trader likes after doing successful trades with them?
Just Below a Bitcoin trader’s name you will see on the left a value with green likes e.g . (100 green likes).
The value 100 green likes indicates that the trust level of this trader is confirmed by 100 Kenyans who bought Bitcoins from them and gave them positive feedback by giving them a green like.
One good thing about Buying Bitcoin unlike Sending money via M-Pesa to someone you do not know online is that on Paxful Bitcoin Exchange you can determine how honest / legitimate / safe / authentic / trustworthy a trader is before you enter into any business with them.
The reputation e.g. ( 10000 trades, 9810 green likes ) rating helps you determine that this person has done 10000 trades and received 9810 green likes from contented persons who traded successfully with them.
Once you understand and figure out how to interpret these numbers, you will know who to trust and open Bitcoin trade with.
You can also determine if you want to Buy Bitcoins from a Bitcoin trader who has carried out several Bitcoins transactions or one with fewer trades e.g. (30+, 100+, 1000+, 5000+).
The community on Paxful Bitcoin Exchange has a way of self policing itself to make it safe for everyone to trade there.
I hope by now you already get the drift. Am I right to believe so?
Taking a further insight into what I am laying emphasize on is that, what you need to concern yourself most with is minimizing your risks of transacting with a dishonest trader!
You want to eliminate the chances of getting scammed.
The higher the number of trades and number of green likes, the safer it is to trade with that Bitcoin trader. 100% feels much safe.
Some good traders do at times get bad ratings from Bitcoin buyers which ultimately translates to red dislikes. These can come about as a result of misunderstandings or them taking a little longer to release Bitcoins to Buyers or may be triggered by other minor client relation issues.
Green dot (Bitcoin Trader’s Online Status is Active)
When Buying Bitcoins, always Buy from a Bitcoin trader whose online activity is marked with a Green dot.
The Green dot means that the Bitcoin trader is online and is ready to sell Bitcoins to you.
Orange and Grey color status mean that the trader was online a moment ago and the trader has not been online for some time.
In simple logic, if you go to a shop and find it is closed you do not stay there and wait for ages for the shopkeeper to open their shop, you check out which other shop is opened and go buy from the shopkeeper who is open for business.
So while this closed / opened shop example is applied in Bitcoin trade on Paxful Bitcoin Exchange you should open trade with a Bitcoin trader whose online activity is marked with a Green dot ( …hapo sawa ama namna gani wenzangu?)
If you have reached this far, you are doing great!
You have now learnt how to assess / evaluate a Bitcoin trader’s reputation by looking at the number of positive green likes and also by looking at the number of Bitcoin trades they have successfully done previously. You can now also tell whether a Bitcoin trader is online or not so you will not have to initiate trade with Bitcoin traders who are not open for business.
A greater number of positive green likes value gives more reputation to the honesty of the trader.
A greater number of trades value estimates the number of successful trades a Bitcoin trader has done previously with other Kenyan Bitcoin buyers.
A Green color online status activity shows you that the Bitcoin trader is open to do business with you.
You are now ready to Buy Bitcoins with M-Pesa from Paxful Bitcoin Exchange Exchange from a trader with Higher Bitcoin sales and Trusted Reputation of Green Likes status.
Always Buy Bitcoin from an experienced trader and with a trader whose online status is Green in color implying they are online and ready to sell Bitcoin to you at that minute. This should from now henceforth be your guiding check list.
If you had not created a FREE Bitcoins account on Paxful Bitcoin Exchange you can Register for one right now on Paxful Bitcoin Exchange or click the picture below to Start your FREE Bitcoin Registration right away !
Most Bitcoin traders on Paxful Bitcoin Exchange are ready and eager to sell Bitcoins to you via M-Pesa.
The only remaining thing now before you have your first Bitcoins is to identify which trader is giving you the Best offer!
There are no Discounts here. Hahaa ! You just check who has tabled the best offer and open a trade with them.
If you are now ready to Buy Bitcoins via M-Pesa, let’s say you want to Buy Bitcoins for KShs 10000 or KShs 20000 or KShs 50000 or KShs 70000 or even more from your M-Pesa and you know How to Sign Up for a Bitcoin Account in Kenya and you have already logged into Paxful Bitcoin Exchange, the other thing you need to do is to identify the Bitcoin trader on Paxful Bitcoin Exchange who meets your Guiding checklist for safe trading, has a Good offer and follow these below 10 steps on How to Buy Bitcoins with M-Pesa in Kenya;
So How do you Buy Bitcoin on Paxful using M-Pesa in Kenya?
To Buy Bitcoin on Paxful using M-Pesa in Kenya, use the following simple and easy to follow steps;
How to Buy Bitcoin on Paxful using M-Pesa in Kenya
- First, Top up your M-Pesa account.
- Register for a FREE Bitcoin Account on Paxful.
- Explore Bitcoin Buy offers from Paxful Bitcoin Sellers within Kenya that support M-Pesa.
- Choose a suitable Bitcoin Seller on Paxful, Vet their Reputation and initiate a Buy Bitcoin Trade with them.
- Specify the amount of Bitcoin you want to Buy on Paxful using M-Pesa.
- Credit Bitcoin Seller‘s M-Pesa account with an equivalent amount of Money.
- After receiving your M-Pesa payment, the Paxful Bitcoin Seller will then immediately release Bitcoin to your registered Paxful Bitcoin wallet.
That’s it. You are done. It is that simple!
Now you know How to Buy Bitcoin in Kenya using M-Pesa on Paxful Bitcoin Exchange.
Remember to Buy Bitcoin in Kenya when it is priced Low in Kenya Shillings value and Sell Bitcoin when it is priced High in Kenya Shillings to make it a profitable venture.
If you adhere to this simple principle, you will soon find out that you do not need much smarts to figure out How to Buy Bitcoin in Kenya and that the whole experience is plain Simple and Easy to do on your own from the comfort of your Phone without requiring any third party intervention whatsoever.
How to Buy Bitcoin in Kenya Shillings from your Bank Account in Kenya
Prefer Bank to M-Pesa? If you are looking for an easier and safe way to Buy Bitcoin in Kenya Shillings and Pay with your Specific Bank Account, the criteria you adhere to is the same one as that of Buying Bitcoins with M-Pesa.
What you will need to do is to find Bitcoin Traders who accept Bank to Bank transfer and Credit their Bank Account via PesaLink or if you are both in the same Bank, you transfer Kenya Shillings from your Bank Account Straight to their Bank Account.
In the same way a Bitcoin Trader issues you with their M-Pesa number or Till NO to credit their Safaricom’s Mobile Money wallet, the Bitcoin Trader will give you their Bank Name e.g. ‘National Bank of Kenya‘ or ‘Equity Bank‘ or any other Bank in Kenya, and their ‘Bank Account Number‘. Just those Two (2) details only and maybe their name in some exception cases.
The Bitcoin Trader from whom you are buying Bitcoins from (i.e. the one Selling to you Bitcoins) will then notify you to proceed and Credit their Bank Account. Do not take long to do so.
Once the Bitcoin Trader confirms you have honored your part of the Deal by sending the required amount to their Bank Account, they will promptly release Bitcoins to your Bitcoin Wallet.
It is that simple. You can Get all Active Bitcoin Traders in Kenya, from whom you can Buy Bitcoins by crediting their Kenyan Bank Accounts at Paxful Bitcoin Exchange.
That’s it !
Take time to also review these Precaution Tips about Bitcoin Trading in Kenya.
Once again, remember to Buy Bitcoin when it is priced Low in Kenya Shillings value and Sell when it is priced High in Kenya Shillings to make it a profitable venture.
Happy Bitcoin Trading !