Bitcoin is one of the assets in Cryptocurrency.To buy,you have to first create an account. Binance is the website that allows you to buy Bitcoin. To create a new account,click here to visit Binance website
On the website, enter the details required. You can use your phone number or email to register. During registration,you will be required to use 2 factor authentication. You have the option of facial recognition or Google Authenticator. Once you have verified your account,you will then be able to start trading. Bitcoin is one of the assets to buy.
Here is how to buy Bitcoin in Kenya
Using Direct Purchase (Bank Transfer/Card)
- Sign Up & Verify:
Create a free account on the Binance website or download the Binance app and complete the Know Your Customer (KYC) identity verification process.
Add Funds:
Once logged in, go to your wallet and select the “Deposit” option. Choose your local fiat currency and select your preferred payment method, such as a linked debit or credit card or a bank transfer.
Buy Bitcoin:
After the funds are confirmed in your account, navigate to the “Buy Crypto” section. Select Bitcoin (BTC) as the cryptocurrency, enter the amount you wish to purchase, and follow the on-screen instructions to confirm and complete the purchase.
- Using Binance P2P (Peer-to-Peer)
- Log In: Log into your Binance app.
Navigate to P2P: Select the “P2P Trading” option from the main menu.
Filter for BTC: Tap the “Buy” tab, select Bitcoin (BTC), and then tap the filter icon to set your local currency (e.g., Kenyan Shilling/KES) and choose your preferred payment method (like MPESA or bank transfer).
Select a Trader: Browse the list of available traders and check their online status, verification, and completion rates to choose a reliable one.
Place Order & Pay: Enter the amount of BTC you want to buy or the amount of local currency you want to spend. Transfer the funds directly to the seller via the payment details provided within the designated time limit.
Receive Bitcoin: After you confirm the payment is sent, wait for the seller to release the Bitcoin to your funding wallet within the Binance app
