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Buy Bitcoin (BTC) in Kenya with KES with Lowest Fees
Discover the effortless way to purchase Bitcoin (BTC) in Kenya with Changelly! Enjoy lightning-fast transactions and unsurpassable low trading fees on our user-friendly platform. Our cutting-edge security measures guarantee the safety of your payments. Join the ranks of satisfied customers who rely on Changelly as the go-to crypto exchange for buying Bitcoin, Ethereum, and 500 more cryptocurrencies in Kenya. Whether it is KSH, GBP, USD, JPY or any other fiat money in your hands, you can easily convert it into the desired crypto asset on Changelly in just a few clicks!
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Bitcoin Price Chart
Bitcoin Market Data
updated at 03:55How to buy Bitcoin in 5 easy steps
Set your purchase pair
Select the crypto you’d like to purchase. Next, choose the local currency you want to buy crypto with and your country of residence. Compare the best offers and choose the one that suits you most.
Provide your crypto wallet address
Enter your crypto wallet address in the required field. Double-check your unique crypto wallet address to make sure it is correct.
Verify your identity
Verify your identity with the provider you've chosen to buy crypto with. This is the best way to make sure that the payment information is only yours.
Confirm your payment
Confirm your payment and have your purchased cryptocurrency delivered to your crypto wallet in several minutes.
Payment methods to buy Bitcoin
Bank transfer
A bank transfer is a secure option to buy cryptocurrency, especially if you are thinking of purchasing large amounts of virtual currency. Keep in mind that bank transfers may take a little longer, and fees may vary.
Apple Pay and Google Pay
Apple Pay and Google Pay are the quickest ways to buy BTC with a credit or a debit card from your iOS or Android device.
Credit or Debit Card
Credit or debit card payment is one of the effortless ways to buy BTC and other cryptocurrencies in a fast and secure manner. With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency.
Buy Bitcoin Without Any Hassle
Purchase your crypto with any payment method that suits you best. Start buying with as little as 30 USD or your local currency equivalent.
Why buy Bitcoin on Changelly?
Secure
We take a comprehensive security approach to ensure your crypto investments and identity are safe. We provide quick crypto purchases to more than 2.6 million users every month.
24/7 support
Got any questions? We've got all the answers. Changelly offers personal support to each and every user. We are here to help you 24/7 with any challenges that you might face using our services.
Fast
Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market.
All premium offers in one spot
We aggregate crypto offers from a variety of fiat payment providers so that you can always find the very best one.
FAQ
How is the Price of Bitcoin Determined?
A complex interplay of various factors influences the price of Bitcoin:
- Supply and Demand. Bitcoin's value is subject to the whims of supply and demand, as with any valuable asset. When demand is strong and supply is scarce, prices soar high. When supply outstrips demand, prices take a downward turn.
- Crypto Adoption. The value of Bitcoin is intricately linked with its adoption rate among both individuals and institutions. The more widespread its use becomes, the greater the demand for the cryptocurrency, ultimately resulting in a surge in its market value.
- Regulatory Environment. Government regulations and laws surrounding cryptocurrencies can heavily influence the fluctuation of Bitcoin's price. Positive regulatory attitudes towards the virtual currency can boost investor confidence and drive up demand, while negative regulations or bans can result in a downward spiral of the coin's price.
- Media Coverage. The media holds tremendous power in shaping the way the public perceives Bitcoin. A favorable narrative can ignite demand and fuel prices, while unfavorable coverage can extinguish demand and dampen prices.
- Technological Advancements. Bitcoin's value is a reflection of its dynamic nature, where advancements in security and scalability can boost its appeal to investors, but weaknesses can deflate demand and cause a dip in its price.
- Market Sentiment. The rise and fall of Bitcoin's price is not just a game of numbers, but a delicate dance between investor sentiment and market psychology. When investors are confident and bullish about Bitcoin's potential, its value is lifted by a wave of demand. However, if pessimism takes hold and investors become bearish, Bitcoin's value can quickly come crashing down.
- Global Economic Uncertainty. In times of financial turbulence, investors who crave stability may turn to non-conventional assets such as Bitcoin to broaden their investment horizons, leading to heightened demand and potentially pushing up the value.
Can I Buy Less Than 1 Bitcoin?
As a digital currency, Bitcoin is divided up to eight decimal places, and the smallest unit is called a Satoshi, in honor of the pseudonymous creator of the coin, Satoshi Nakamoto. One Satoshi is equal to 0.00000001 BTC. This means that users can buy BTC in small, affordable amounts, even if they can't afford a whole Bitcoin. The flexibility of Bitcoin allows it to be used for a wide range of transactions, both big and small, making it a highly versatile currency.
Where to Store Your Bitcoins?
Bitcoin and other cryptocurrencies are stored in digital wallets, which can be accessed through software or hardware devices. Here are four major crypto wallet types:
Desktop Wallets
Desktop wallets act as digital fortresses installed on your computer or laptop, safeguarding your private keys from prying eyes. Still, beware of potential cyber threats, as malware or hacking could breach even the strongest defenses and compromise your cryptocurrency holdings.
Mobile Wallets
A mobile wallet is your crypto cash app that can be accessed through your smartphone or tablet, making it easy to carry your cryptocurrency with you wherever you go. But, like any valuable asset, they can be targeted by attackers who use sneaky hacking and phishing tactics to get their hands on your funds. Therefore, it's crucial to select a trusted wallet and set up robust security measures such as two-factor authentication to safeguard your assets.
Online Wallets
Online wallets exist in the ethereal realm of the cloud, accessible from any internet-enabled device, providing unparalleled convenience and flexibility. However, their connection to the vast and unpredictable internet exposes them to the risk of malicious hacking and theft, necessitating diligent caution.
Hardware Wallets
A hardware wallet is the bodyguard of your cryptocurrency – it physically guards your private keys offline, making them impervious to hacking and malware attacks. Although they are the safest storage option, they come at a premium price and require a bit more effort to use compared to their software counterparts.
Which Bitcoin Wallet Can I Use?
The market is replete with many Bitcoin blockchain wallet products, each coming with its own features and benefits for a user. To keep Bitcoin safe, you can consider these popular solutions:
Exodus
Exodus is the ultimate crypto haven, housing over 100 currencies, including the famous Bitcoin. The app's sleek and intuitive design makes managing and trading crypto a breeze, with built-in exchanges for seamless transactions. Best of all, it's a completely free Bitcoin wallet.
Mycelium
Mycelium is an innovative Bitcoin wallet app that gives you the power to store and trade Bitcoin safely from your smartphone. With advanced features like HD wallet backups and cold storage capabilities, you can feel confident that your crypto is always safe. And with the local trader feature, you can connect with other Mycelium users in your area and buy or sell crypto assets with ease.
Trezor
You will have to splurge on this hardware wallet to benefit from what it has to offer – Trezor is a premium Bitcoin wallet. Known for its sleek design, user-friendly interface, advanced security features and support of over 1,000 cryptocurrencies, Trezor is an investment that can pay off in spades.
Ledger
Ledger is a sleek and secure device that offers peace of mind to cryptocurrency enthusiasts. With its advanced hardware technology and multiple layers of protection, Ledger ensures that your digital assets are kept safe from prying eyes and hackers. Whether you're a seasoned trader or a beginner, the intuitive user interface and straightforward setup process make managing your Bitcoin effortless. Plus, with its compact design, you can carry your Ledger wallet with you wherever you go, making it the perfect accessory for the modern-day crypto investor.
Got any questions about the BTC purchase on Changelly?
We tried to gather all the necessary information about the BTC purchase on this page. Yet, the crypto world can be darned confounded. If you still have questions, check out the FAQ page or contact our support team 24/7.
Keep your Bitcoin safe and sound
If you are searching for the best cryptocurrency wallets for your favorite coins, look no further! Whether you are a crypto pro or just starting out, these wallets might be a good option for crypto storage.
Integrating Changelly services into Trezor Wallet's exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.
Changelly is the best option for users to access the most cost-savvy rates
With Changelly's stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support.
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What Is Bitcoin?
Bitcoin is a digital currency that was created to send and receive money without banks or other intermediaries. It is the first revolutionary cryptocurrency that made the current market possible. Unlike traditional currencies, like KES, it is not issued by government bodies - it exists exclusively online.
One of crypto’s main selling points is immutability. What does it mean? Once a transaction passes verification and a block is embedded in the chain, this information cannot be changed. This system offers incredible security.
Millions of enthusiasts are already using it, whether as an investment or as payment. The adoption and interest were slowing down. But after the launch of The Lightning Network, a network for off-chain transactions, the blockchain project entered a new exciting chapter.
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Is it Legal to Buy Bitcoin in Kenya?
The legality of buying and selling Bitcoin (BTC) in Kenya is a topic of debate. The Central Bank of Kenya, which is responsible for regulating the country’s financial sector, has previously issued a warning to the public against the use of digital currencies, citing the lack of regulation and consumer protection. However, the warning was not an outright ban on the use of cryptocurrencies in Kenya.
The Kenyan Revenue Authority (KRA) treats cryptocurrency transactions as a form of barter trade for tax purposes. According to the KRA, cryptocurrencies are not considered a legal tender in Kenya and therefore are not subject to income tax. However, profits or gains made from the buying or selling of cryptocurrencies are subject to capital gains tax (CGT).
The CGT rate in Kenya is currently 5% on the gains made from the sale of cryptocurrencies. The KRA has clarified that the tax is only applicable when there is a profit made. If an individual sells their crypto asset for a lower price than what they purchased it for, they would not be required to pay CGT. Besides, individuals who regularly trade cryptocurrencies and make a profit may be considered being engaged in a trade and may be subject to business income tax.
Despite the lack of clarity around the status of cryptocurrencies in Kenya, many Kenyans have continued to buy and sell Bitcoin and other cryptocurrencies, and there are over 4 million users in the country who own crypto. The growing interest in digital assets has led to the emergence of numerous cryptocurrency exchanges and trading platforms in the region. While individuals should perform their due diligence before making any investment in cryptocurrencies, for now, it remains a legal activity in Kenya as long as it is not used to facilitate criminal activities.
Best Ways to Buy Bitcoin in Kenya Safely
For Kenyans willing to buy Bitcoin safely and conveniently, centralized cryptocurrency exchanges like Changelly are undoubtedly the best way to go. These websites provide a secure environment that allows people to buy and sell cryptocurrencies for their local currency, and without the risk of being scammed or hacked.
Changelly's intuitive platform empowers Kenyans to easily acquire a diverse range of digital assets, including Bitcoin, by supporting multiple payment options such as credit cards, bank transfers, and mobile money, catering to a broad audience.
Changelly not only guarantees transparent pricing for purchasing Bitcoin and other cryptocurrencies but also offers the unique advantage of swapping various digital assets and fiat currencies. This allows traders to enjoy greater flexibility and a hassle-free trading experience, without any sneaky fees or unexpected surprises.
Apart from facilitating fiat-to-crypto purchases, Changelly prioritizes the safety of user assets, utilizing trusted partner wallets, such as Trezor and Ledger.
By opting for a reputable and dependable centralized exchange like Changelly, Kenyan investors can effortlessly and confidently join the cryptocurrency movement.
How to Buy Bitcoin with Credit and Debit Card
To venture into the world of Bitcoin (BTC) using your credit or debit card while in Kenya, you'll have to locate a trustworthy cryptocurrency exchange that accepts payments in Kenyan Shillings (KES). Changelly is an illustrious example of a global cryptocurrency exchange that provides a secure and convenient environment for purchasing a variety of coins and tokens via credit or debit card transactions.
Whether it is Changelly or some other crypto trading platform of your choice, buying Bitcoin with a card will basically involve these simple steps:
Find a trusted cryptocurrency exchange that accepts credit and debit cards as payment methods.
Create an account on the handpicked platform and verify your identity to comply with anti-money laundering regulations.
Link your credit or debit card to your trading account and input the amount of Bitcoin you want to buy.
Confirm the details of your order and finalize the payment.
Wait for the Bitcoin to be credited to your exchange account, which usually takes a few minutes to a few hours, depending on the congestion of the Bitcoin blockchain.
Transfer the Bitcoin to your own cryptocurrency wallet for safekeeping.
Congratulations, you're now a proud owner of Bitcoin! You've joined the exciting world of cryptocurrency and have the potential to reap its rewards. Just remember to always stay informed and be responsible for your investments. Happy HODLing!
How to Buy Bitcoin with Bank Transfer in Kenya
Buying Bitcoin with a bank transfer in Kenya does not differ much from purchasing BTC with a debit/credit card. The process primarily nails down to finding a reputable cryptocurrency exchange that accepts bank transfers as a payment option, creating an account, and completing the necessary identity check protocols.
Once the verification is completed, you can link your bank account and send money to the exchange. The funds will be credited to your cryptocurrency trading account, and you can use them to buy Bitcoin or any other cryptocurrency that the exchange supports. Wire transfers may take several days to complete transactions, depending on the bank and the exchange platform being used. Once the Bitcoin is bought, it can be stored in your on-platform vault or transferred to an external crypto wallet for safekeeping.
How to Buy Bitcoin with Apple Pay in Kenya
Unfortunately, Apple Pay is not currently working in Kenya. However, keep your hopes up! Like a juicy apple ripening on a tree, technological advancements are constantly evolving and expanding, so it's possible that Apple Pay may eventually branch out to Kenya in the future.
Although you can't purchase Bitcoin in Kenya via Apple Pay at the moment, there is a handy workaround available. M-Pesa is a mobile phone-based money transfer and financial services platform widely used in Kenya. It allows users to deposit, withdraw, transfer money and pay for goods and services, including cryptocurrencies, using their mobile phones.
You can take advantage of numerous cryptocurrency exchanges that welcome M-Pesa, such as Paxful, Kraken, and Coinbase. All you need to do is sign up, link your M-Pesa account, and start trading Bitcoin or any other digital asset you desire using your mobile device.
How to Buy Bitcoin from ATM in Kenya
The crypto ATM market is still in its infancy in Kenya, with only a few tellers being installed in the capital city – Nairobi. Yet, this does mean that buying Bitcoin from an ATM is possible in this East Africa region! Better even, you can buy cryptocurrencies, such as BTC, ETH, LTC, and DOGE, for Kenyan shillings from these machines.
To buy crypto like Bitcoin from an ATM in Kenya, follow these simple steps:
Find a Bitcoin ATM location near you using a site like CoinATMRadar.
Make sure you have a Bitcoin wallet installed on your phone or computer.
Visit the Bitcoin ATM and select "Buy Bitcoin."
Follow the on-screen instructions to enter the amount you want to buy and your Bitcoin wallet address.
Insert the cash payment into the ATM.
Wait for the cryptocurrency transaction to be processed and for the Bitcoin to be sent to your wallet. Hold cryptocurrency and watch its value increase over time. One day, you will surely be able to sell Bitcoin for a significant profit!
How to Buy Bitcoin with PayPal
Kenyan users of PayPal who want to invest in major cryptocurrencies may do so via PayPal app. The payment system allows you to buy, sell, or hold Bitcoin, Bitcoin Cash, Ethereum, or Litecoin. Customers can also transfer their coins into and out of the platform, paving the way for active users to engage with the crypto community at large.
In Kenya, the cryptocurrency market also offers the convenience of purchasing digital assets through PayPal via various brokers, like eToro. Peer-to-peer marketplaces, such as Paxful, also provide an avenue for direct deals with individual traders using PayPal funds. Be cautious when utilizing these platforms, as they may incur exorbitant fees and unfavorable exchange rates.
Note that most exchanges avoid incorporating PayPal for purchasing Bitcoin because PayPal payments can be reversed, which makes them vulnerable to fraud and chargebacks, while the blockchain technology assumes the irreversibility of Bitcoin transactions.
How to Buy Bitcoin with Prepaid Card
Purchasing Bitcoin with prepaid cards in Kenya is a straightforward process if you know where to look. First, make sure you have a prepaid card with sufficient funds. Then, find a reputable cryptocurrency trading platform that accepts prepaid cards as a payment method. You can do this by researching online or asking for recommendations from other Bitcoin traders in Kenya.
Once you've found a trustworthy provider, create an account and follow their prompts for purchasing Bitcoin with your prepaid card. Be sure to take note of any transaction fees and ensure that you're getting a fair exchange rate.
With some perseverance and a bit of investigation, you can unleash the potential of the dynamic cryptocurrency landscape by purchasing Bitcoin with your prepaid card!
How to Buy Bitcoin with Cash in Kenya
In Kenya, you can get your hands on Bitcoin using a variety of cash-based methods!
P2P Trading. An unorthodox way to buy cryptocurrency is by using P2P platforms that connect cash-paying buyers with willing sellers, providing a reliable and secure channel to facilitate transactions.
Bitcoin ATMs. These nifty machines are like a digital gateway to the world of crypto, providing a convenient and user-friendly option that caters to both novices and seasoned traders alike.
Bitcoin Meetups. Attending Bitcoin meetups is a great way to connect with other people in the community who are interested in buying or selling Bitcoin. You can visit these events to find people who are eager to trade Bitcoin for cash.
Online Bitcoin Exchange with Cash Option. Some online portals, like Binance and Bitzlato, allow users to buy or sell BTC using cash. These websites usually have a network of local sellers and buyers who execute crypto trades for cash. By taking advantage of this service, you can easily connect with individuals in your area who are looking to trade their cryptocurrency for cold hard cash.
Can Foreigners buy Bitcoin in Kenya?
Kenya boasts a bustling Bitcoin market that warmly welcomes foreigners. With multiple exchanges catering to both locals and outsiders, purchasing Bitcoin is quick and straightforward. Thanks to the widespread availability of mobile money services, along with traditional payment methods like bank cards and wire deposits, buying BTC in Kenya is a breeze. All that's required is an ID document and proof of address to register with an appropriate cryptocurrency exchange and start trading cryptocurrency.
Who Accepts Bitcoin in Kenya?
Kenya is becoming increasingly accepting of cryptocurrencies such as Bitcoin, with many businesses now offering it as a payment option. Tourists visiting Kenya can now enjoy some of the country's best tourist attractions while also being able to pay in Bitcoin. Betty's Place is a prime example of a crypto-friendly restaurant, offering the tantalizing "nyama choma" goat meat delicacy alongside cryptocurrency payments.
Health Land Spa is another example, being the first spa in the country to accept Bitcoin and Dash. Other businesses in Kenya, such as Legibra and Boxlight Electronics, are also accepting Bitcoin as payment for their products and services.
The acceptance of Bitcoin in Kenya shows that cryptocurrencies are gradually becoming a part of the country's financial ecosystem.
How to Cash Out Bitcoin in Kenya?
We’ve all been there: facing the need to convert your crypto holdings back into fiat. There are several methods you can avail yourself of to sell BTC for the Kenyan Shilling.
Crypto Exchanges. Many exchanges allow their clients to cash out their Bitcoin or other cryptocurrencies for fiat currency (such as USD, EUR, GBP, etc.) and withdraw the funds to a bank account or other payment method. However, crypto-to-fiat conversions often entail withdrawal fees, and transaction limits may apply as per provider.
P2P Marketplaces. A P2P exchange is designed to enable seamless crypto trades between individuals through user-friendly payment options, including face-to-face cash transactions or money transfers to different payment networks like electronic wallets (Skrill, Neteller, etc.).
Bitcoin ATMs. Kenya has several Bitcoin ATMs that allow users to buy cryptocurrency or sell their digital assets for cash. These machines are typically located in public places like shopping malls and can be accessed 24/7.
Gift Cards. With websites like Bitrefill and Gyft, you can turn your Bitcoin holdings into a gift card from your favorite retailer, giving you the freedom to shop in-store or online with ease.
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