What is the average cost of converting Mpesa to Bitcoin?

3 answers

• Nov 27, 2021 · 3 years ago
  The average cost of converting Mpesa to Bitcoin can vary depending on several factors. Generally, you can expect to pay a transaction fee for converting Mpesa to Bitcoin. This fee is usually a percentage of the transaction amount or a fixed amount. Additionally, some platforms or exchanges may charge a service fee for facilitating the conversion. It's important to compare different platforms and exchanges to find the most cost-effective option. Keep in mind that exchange rates can also affect the overall cost, so it's advisable to check the rates before making the conversion.
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• Nov 27, 2021 · 3 years ago
  Converting Mpesa to Bitcoin usually incurs some costs. The average cost can be influenced by factors such as the platform or exchange you use, the amount you want to convert, and the current market conditions. It's recommended to research different platforms and compare their fees and exchange rates. Some platforms may offer competitive rates but charge higher transaction fees, while others may have lower fees but less favorable exchange rates. By comparing these factors, you can find the best option that suits your needs and budget.
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• Nov 27, 2021 · 3 years ago
  When it comes to converting Mpesa to Bitcoin, the average cost can vary depending on the platform or exchange you choose. At BYDFi, one of the popular platforms for converting Mpesa to Bitcoin, the average cost is around 1-2% of the transaction amount. This includes the transaction fee and any additional charges. However, it's important to note that the actual cost may differ based on the market conditions and the specific transaction details. It's always a good idea to check the latest fees and rates before making any conversions.
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