Local Bitcoins in Kenya

in kenya •  7 years ago 

Perhaps the easiest way to buy bitcoin in Kenya is through Local Bitcoins platform. The flexibility in use of payment platforms like npesa,pesalink and bank transfers makes it a decent market place for kenyan bitcoin needs

The popularity of Bitcoin growth in Kenya coupled with the emergence of Altcoin traders has enabled growth of volumes transactions traded on LBC.

To put this into perspective, Kenyans are doing over 1M Dollars in volumes per week on LBC a paltry amount as compared to other great markets.

Many traders have moved from just holding bitcoin to trading other popular altcoins like ripple,ethereum,litecoin, among other coins.

The huge returns on these exchanges are helping local liquidity growth in Kenya and soon prices will go down as more and more people start trading altcoins

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