Roseline wangui
2 min readJul 14, 2023

Bitcoin on ramp and offramp in Kenya. I have people asking me how to buy, how to store your Bitcoin safely. I want to explain how in as simply as I can. Adopting Bitcoin is never an easy thing, in this space you see terms and terminologies you have not come across or used anywhere else. It gets tough. Tell me about that, for a mother of four living and hustling in these streets of Nairobi Kenya, I still can’t believe I hacked it. There simply no time to concentrate and learn. And I did, so can anyone else. Kenya for one, we are very very priveleged because we have our own mobile money. Mpesa. Pesa means money in Swahili. Just like mpesa, Bitcoin will be transfered like mpesa only that in Bitcoin it’s openly done and anonymously done. Interesting right? You can see the transactions yet you can’t pin it on the parties. Its irreversible and limitless too. So how do you buy Bitcoin? In Kenya you can use many platforms but the common ones are Binance https://www.binance.info/en/activity/referral-entry/CPA?ref=CPA_00EDAUAW17 and Bitnob
https://bitnob.page.link/tZJR. What you simply do is secure an account with either of the exchanges above, they are mpesa integrated. With Binance you can buy Bitcoin directly from the P2P traders. With bitnob you have to buy USD first then buy Bitcoin. And just like that you own some Bitcoin but now what? Now you have your Bitcoin in the account balance. Is it really yours at this point? No. Bitcoin was meant to bring freedom. Exchanges are still very much controlled. Keeping your Bitcoin in the exchanges does not even give you the least benefits of Bitcoin adoption.In the exchanges your money is not yours, the limit you can transact is still very much limited in the exchanges. They still have your names and location do all the transactions can still be pinned on you. And worst of it all, you can wake up one day and the exchanges have barred you from withdrawal. What would you do? Where would you sue them? The truth is nowhere. There’s very little you can do about that. So where do we keep or store our money? Our Bitcoin? There are options. You can do a non/self custodial wallet . There’s some like muun wallet, blue wallet where you keep your keys to yourself. If you loose the keys, byebye to your Bitcoin. It’s not recoverable. You can as well do a cold storage. A hardware wallet that keeps your Bitcoin off the internet for security. You have to be careful though, if you loose the hardware or the keys, bye bye your Bitcoin, it’s not recoverable.

In summary Bitcoin has the best interest for everyone. It’s easy to buy and store. You just have to have info and be keen while at it.

There you have it. Enjoy freedom with your hard earned money.

Roseline wangui
Roseline wangui

Written by Roseline wangui

Bitcoin pleb||Founder Bitcoin Q & A Hub

No responses yet