How to buy Ethereum in Kenya
In Africa an interest in digital currencies is growing rapidly, especially in Kenya. Many companies in Kenya are using blockchain to improve the quality of their services and are continually developing innovative products to improve financial inclusion.
Kenya is the leading African state in the ownership of cryptocurrencies, including Ethereum. This enables all users of Kenyan banks to participate seamlessly in blockchain-related transactions around the world.
In order to buy Ethereum, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of ETH based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 30 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €50. Well, in our instructions, as promised, we will go through all the stages of purchase ETH for dollars step by step.
After converting the currency to ETH, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.
Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.
Specify the purchase amount in the Itez dialog box. Copy the recipient address - your Ethereum wallet - from the “Accept” section.
Important: you should not manually copy the Ethereum wallet address. The blockchain system does not give any information about Ethereum addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.
For example, this is how the copy address button looks like in the Exodus wallet:
After copying the Ethereum wallet address, paste it into the dialog box.
Check your data — it is important to make sure that the address is entered correctly.
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After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.
Push the “Pay” button and enter the one-time bank code in the following window.
After making a payment on the Itez website, you will immediately be able to see the Ethereum in your wallet.
The transaction will first wait for confirmations from the blockchain network.
On the Ethereum network, confirmation is quite fast and in most cases takes no more than a few minutes.
Banks in Kenya are controlled by Banki Kuu ya Kenya or the Central Bank of Kenya (CBK). A wide range of financial products and services are offered by Equity Bank Kenya Limited, Standard Chartered Bank Kenya Limited and ABSA Bank — the largest banks in the country. Users of these and other Kenyan banks can purchase cryptocurrency and not worry about high commissions or income taxes — the policy regarding cryptocurrency in Kenya is quite loyal.
In addition to the well-known Visa and MasterCard, users can use the equally common payment systems PayPal, Payoneer and Payeer, or the local payment systems that are convenient for withdrawing money from cryptocurrency wallets.
Cryptocurrencies are stored in specialized wallets equipped with multilayered information security systems and provide convenient access to assets. If you're searching for the ideal cryptocurrency wallet, Itez Wallet is your choice. Our service brings together users from different countries with varying levels of cryptocurrency knowledge. Training programs, tips on fees, and round-the-clock support will help you take your first steps in this world and become an experienced crypto enthusiast.
Itez is an instant ethereum purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?
First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The time of receipt of Ethereum to the client's account is no more than a minute. Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the ETH value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final ETH value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.
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