How to Buy Bitcoin (BTC) with Kenyan Shilling (KES)
To purchase Bitcoin using Kenyan Shilling, begin by finding a cryptocurrency exchange that offers the BTC/KES trading pair. Set up an account, verify your identity, and deposit your KES into your exchange wallet. Locate the BTC/KES pair on the trading platform and place an order to swap your Kenyan Shilling for Bitcoin. If the BTC/KES pair is not available, you can initially exchange Kenyan Shilling for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be aware of potential exchange fees, which differ by platform and can impact the total cost of your transaction.
How to Sell Bitcoin (BTC) for Kenyan Shilling (KES)
To sell Bitcoin for Kenyan Shilling, first, find a cryptocurrency exchange that supports the BTC/KES trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/KES pair on the trading platform and place a sell order to exchange your Bitcoin for Kenyan Shilling. If the BTC/KES pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Kenyan Shilling. Be aware of potential exchange fees, which vary by platform and can affect the total amount you receive.