How To Buy Ethereum In Kenya

Since the creation of the first cryptocurrency over a decade ago, several cryptocurrencies have been created, but Ethereum (ETH) is notable among them. Ethereum has grown from a means of payment or store of value and evolved to have several use cases. Unsurprisingly, several Kenyans have rallied to buy Ethereum as its potential has further underscored it as an outstanding investment choice.

Ethereum’s uses have expanded beyond cryptocurrencies to hosting blockchains with real-life applications that could potentially improve Kenya’s economy. With the increased adoption of Ethereum and cryptocurrencies, it is much easier to buy Ethereum. Today, with a trusted crypto exchange like Yellow Card, you can easily buy ETH in Kenya with Kenyan Shillings at the cheapest rate instantly and seamlessly.  

Why Yellow Card Is The Safest Place To Buy Ethereum In Kenya

With the fast adoption of cryptocurrencies, scammers and bad actors have taken to exploit Kenyans looking to start their crypto journey. At the same time, Kenyans must deal with exorbitant fees and delayed transactions when buying or selling Ethereum. 

Furthermore, not all crypto exchanges allow the option to buy cryptocurrencies with Kenyan Shillings. However, all these challenges are eradicated with Yellow Card, allowing Kenyans to easily buy Ethereum and rest assured that their assets are secure. Here’s why Yellow Card is the best place to buy Ethereum in Kenya:

• Zero Trading Fees: Yellow Card allows you to buy or sell ETH at the best rates and at zero fees.
• Easy to use with 24/7 Customer support: Yellow Card is famous for its easy-to-use interface that allows crypto beginners and experts to use its mobile app and website seamlessly. At the same time, Yellow Card has 24/7 customer support available to answer all your questions and needs. 
• Multiple deposits and withdrawal methods: Yellow Card has numerous deposit and withdrawal methods, allowing you to fund your wallet and buy and sell ETH instantly. With no delays, you can complete your ETH transactions seamlessly. 
• Security: The security of customers and their funds is a top priority at Yellow Card. With top-notch security features and mechanisation, you can be guaranteed that your assets are secure. In fact, Yellow Card is the first ever crypto exchange to receive an African crypto license. 

How To Buy Ethereum in Kenya on Yellow Card

Yellow Card lets you easily buy Ethereum from your device in just a few clicks. To buy ETH in Kenya:

1. Sign up on Yellow Card for free
   Once you open your account, you can start trading ETH instantly and then verify your account later to enjoy more features on Yellow Card.
2. Fund your account with Kenyan Shillings (KES)
   You can either fund your wallet with a standard bank transfer or via Mobile Money (MoMo). 
   For standard Bank Transfer
   - Select “Deposit” and click “Bank Transfer” in the drop-down menu;
   - Deposit the amount you wish to add to your wallet into the bank account displayed on your screen;
   - The funds will be reflected in your balance once your deposit has been confirmed.
   For Mobile Money
   - Select “Mobile Money” on the dropdown menu to buy Ethereum with Mobile Money; 
   - Enter the amount you want to deposit;
   - Select your mobile money provider and enter your mobile number;
   - Confirm the deposit information and authorise the transaction on your mobile device;
   - Confirm the transfer by clicking the “I’ve completed the transfer” button.
   - Your account will be credited with the deposited amount.
3. Buy Ethereum 
   - Once your account is funded, select “Crypto” on your dashboard.
   - Select Ethereum among the list of coins displayed.  
   - Click on the buy button
   - Enter the amount you want to buy in KES. 
   - Confirm your order to buy Ethereum. 

Once this is done, your Ethereum will reflect instantly in your wallet. Yellow Card has a live price chart where you can check the equivalent of 1ETH to KSH or 1ETH to $1.

Remember that the funds in your wallet are solely yours, and you can choose to withdraw your funds at any point. 

How to sell Ethereum and withdraw Kenyan Shillings in Kenya

Here’s how to sell Ethereum in Kenya and withdraw Kenyan shillings on Yellow Card

1. Sign in on your Yellow Card account.
2. Click on “Wallet” on your dashboard and select “Ethereum.”
3. Select “Sell” on your dashboard and enter the amount you wish to sell
4. Click Review and confirm.
5. Confirm by clicking sell. That’s all! You have successfully sold your Ethereum to Yellow Card.

You can then withdraw the funds via MoMo or directly to your bank account. 

In a nutshell…

Ethereum has grown in popularity and adoption in Kenya and has the potential to revolutionise the Kenyan economy. Yellow Card allows you to buy Ethereum with Kenyan Shillings at the best rate and easily send, receive or trade on its platform. 

Additionally, you need not worry about the security of your assets on Yellow Card. Yellow Card’s wallet is protected with world-class security mechanisms to guarantee the safety and security of your funds. That’s not all! Apart from buying Ethereum on Yellow Card, you can also purchase or exchange your ETH for a wide range of cryptocurrencies.

You can also learn more about cryptocurrencies, blockchain and other financial literacy topics on Yellow Card’s free, easy-to-understand guide, Yellow Card Academy. 

Buy Ethereum now and enjoy the best on Yellow Card