Category: Articles

Next 5 Altcoin Cryptocurrency to Explode July 2021

admin
round gold colored and black coin on person s hand

WAIT. Before we get into it, what is an altcoin? Well, you being here means you already know or have heard of something called Bitcoin. This is the first cryptocurrency to be built. Overtime, people have understood the technology behind bitcoin and the blockchain technology; hence, dived into creating their own coins. Altcoin is any cryptocurrency that is not Bitcoin. The common one include Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), Stellar (XLM) and others. So, all these other cryptocurrencies are known as ALTCOINS; short for Alternative Coins. NOW.…

Read More

How to Join Bitcoin in Kenya

admin
ripple etehereum and bitcoin and micro sdhc card

If you want to know How to join Bitcoin in Kenya, then it is very simple, but first you must understand the basics. First; what is bitcoin? To not use very complex words and jargon, BItcoin is a digital cryptocurrency. Unlike the normal currencies that people use that is tangible, and you can see or feel it, Bitcoin is not tangible. So then, if you are one of those who love the smell of new notes, then this isn’t for you. I would equit Bitcoin to having an ATM. While…

Read More

WHAT DOES BUY THE DIP MEAN IN CRYPTO TRADING?

admin

A common piece of advice for cryptocurrency investors in Kenya is to try to ‘buy the dips.’ But if you’re new to bitcoin investing or unfamiliar with the lingo, you might not know what that means. In short, buying the dips means trying to buy a cryptocurrency, when the market price drops. This lets you get stocks at a lower price, which can help you make more money from your investments. Buying the dip is a form of market timing where you try to predict how the market will move in the…

Read More

What is Paxful? Does it Work in Kenya?

admin

Paxful is a leading global peer-to-peer platform where traders even from Kenya can buy and sell cryptocurrencies like Bitcoin, Ethereum, Dogecoin and the rest. Paxful is a Japanese word that means peace, was formerly called Easy-Bitz. The goal while creating the forum was to make Bitcoin purchases easy for everyone who wanted to trade in it. Paxful is by far among the most convenient platform to sell Bitcoins. It offers more than 300 payment methods, contrary to traditional exchanges that have limits on payment means; among the payment methods accepted…

Read More

What is Bitcoin $BTC?

admin

Bitcoin, also written as BTC, is the largest and the first cryptocurrency in the world. A cryptocurrency is a digital form of money that exists purely in electronic form; bitcoin is a set of protocols and processes backed by encrypted code. Bitcoin was first invented by a pseudonymous person or group of people going by the name Satoshi Nakamoto. The identity or whereabouts of Satoshi Nakamoto remains a mystery to everyone except for a few speculations that are not reliable. Bitcoin was invented in the year 2008 and was launched…

Read More

Is Dogecoin DOGE a Good Investment?

admin

While gauging whether a cryptocurrency investment inKenya is good or not, we look at several factors. Firstly, the initial ethos behind the creation of the coin, or its business proposition. What problem in the society does is it seek to solve? Dogecoin was created as a parody coin; it is sometimes referred to as a joke coin. The ethos behind the Dogecoin is therefore not strong. Secondly, we consider the total and circulating supply. Unlike Bitcoin, Dogecoin has an unlimited supply. Billions of Dogecoin are mined annually, making it highly…

Read More

How does Bitcoin Work in Kenya

admin

Bitcoin, also written as BTC, is the largest and the first cryptocurrency in the world which is slowly gaining traction in Kenya. A cryptocurrency is a digital form of money that exists purely in electronic form; bitcoin is a set of protocols and processes backed by code. Bitcoin was first invented by a pseudonymous person or group of people going by the name Satoshi Nakamoto. The identity or whereabouts of Satoshi Nakamoto remains a mystery to everyone except for a few speculations that are not reliable. Bitcoin was invented in…

Read More

How to NOT lose profits on Binance Crypto – LIMIT ORDERS

admin

Binance has very many way you can trade with Cryptocurrencies in Kenya, but without the knowledge you can lose all you profit or even make more loses on it. It is crucial that all cryptocurrency traders in Kenya know how to stop loss and take profit. The most common way is using the Limit orders trading option. By definition, limit orders means you have items you want to sell; but without the knowledge on how the market will look like you are willing to sell at a certain minimum price.…

Read More

How to Add MPESA or BANK to Binance for Crypto Trading in Kenya

admin

Binance.com is probably the leading cryptocurrency trading platform; however there are more like Coinbase and Skrill. Binance is popular in Kenya because it allows trading with Kenya’s most prominent money transferring system – MPESA. So, before you begin signup and get verified on Binance.com by clicking here You can buy Bitcoin in Kenya using MPESA, or BANK TRANSFER by using the Binance platform. Point to note is that, you will not be sending money directly to Binance; however you will be sending it to a trader on Binance, who will…

Read More

How to Get VERIFIED On Binance

admin

Visit the Binance.com website and Login to your account, then click IDENTIFICATION. Under the Identity Verification area, click [Verify]…. Under the Select Country, Select KENYA; obviously 🙂 ! then click on [START] to begin the verification process. You will need your Kenya National Identification Card, and a Camera phone to take a selfie. Next, enter your personal information, then click [Continue]. After finishing the Basic Verification, click [Go to Advanced Verification] to continue. Next, you will need to upload pictures of your ID documents. Take pictures Upload files For example,…

Read More