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What are the best ways to send money to Kenya using digital currencies like Bitcoin or Ethereum?

avatarSabrina Eymard-DuvernayDec 17, 2021 · 3 years ago3 answers

I'm looking for the most efficient and secure methods to send money to Kenya using digital currencies like Bitcoin or Ethereum. What are the recommended ways to do so?

What are the best ways to send money to Kenya using digital currencies like Bitcoin or Ethereum?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One of the best ways to send money to Kenya using digital currencies like Bitcoin or Ethereum is through peer-to-peer (P2P) platforms. These platforms connect buyers and sellers directly, allowing for fast and low-cost transactions. You can find reputable P2P platforms that support Kenyan users and offer secure escrow services to protect both parties involved in the transaction. It's important to do thorough research and choose a platform with a good reputation and positive user reviews.
  • avatarDec 17, 2021 · 3 years ago
    Another option is to use a digital currency exchange that supports Kenyan users. These exchanges allow you to buy Bitcoin or Ethereum using your local currency and then transfer the digital currency to a Kenyan wallet. However, keep in mind that exchanges may charge fees for transactions and you'll need to consider the exchange rate as well. Make sure to choose a reliable exchange with good security measures in place to protect your funds.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we provide a convenient way to send money to Kenya using digital currencies like Bitcoin or Ethereum. Our platform offers a user-friendly interface and secure transactions. You can easily convert your digital currencies to Kenyan Shillings and send them directly to a Kenyan bank account. We strive to provide a seamless experience for our users and ensure the safety of their funds. Give BYDFi a try and see how easy it is to send money to Kenya using digital currencies!