How To Buy Bitcoin With Mobile Money In Uganda

What Is Bitcoin?

Bitcoin is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a block chain.

How To Buy Bitcoin With Mobile Money In Uganda

How to buy bitcoins in Uganda with MTN or Airtel Money

  1. Log into your BFX account on www.mybfx.co and click on New Transaction.
  2. Choose UGX in the “You sell” field and BTC in the “Recipient gets” field. Enter the amount of UGX you would like to sell or amount of BTC you would like (recipient) to receive. Click NEXT.

Which Bitcoin Wallet Is Best For Uganda?

  • Okcoin. 4.9 Star Rating. Coming Soon.
  • Bitpesa. 4.5 Star Rating. Coming Soon.
  • Binance. 4.9 Star Rating. Read Review.
  • Luno. 4.9 Star Rating. Read Review.
  • Coinbase. 4.9 Star Rating. Read Review.
  • Remitano. 4.9 Star Rating. Read Review.
  • Paxful. 4.6 Star Rating. Read Review.
  • Localbitcoin. 4.5 Star Rating.

How Do I Fund My Bitcoin Wallet In Uganda?

  1. Bank Transfer. Paxful makes it easy and secure for you to buy and hold cryptocurrency.
  2. MTN Mobile Money. Paxful makes it easy and secure for you to buy and hold cryptocurrency.
  3. PayPal.
  4. ANY Credit/Debit Card.
  5. Airtel Money.
  6. Orange money.

How Do I Put Money Into My Bitcoin Account?

  1. Tap the Bitcoin tab on your Cash App home screen.
  2. Press Deposit Bitcoin.
  3. Scan, copy, or share your Cash App Bitcoin address with an external wallet.
  4. Confirm with your PIN or Touch ID.

How Do I Withdraw Money From Bitcoin To My Mobile?

On Webapp

  1. Login to your account.
  2. Tap Withdraw on your dashboard.
  3. Select MoMo and choose your preferred network provider.
  4. Input your MoMo number and the desired amount.
  5. Tap Review & Confirm.
  6. Input your Transaction PIN.
  7. Confirm details.

How Do I Open A Bitcoin Account In Uganda?

Simply visit web.yellowcard.io or download our mobile app from your app store and provide the required information. This should less than 5 minutes. Once you have created your account, your UGX and bitcoin wallets will be activated. The next step is to fund your UGX wallet.

How Do I Withdraw Bitcoins In Uganda?

Please go to Binance Uganda’s website (www.binance.co.ug), click [Login] from the menu and enter your details to log in. 2. Please click [Funds] → [Withdrawals]. Then, click the name of the coin/token you would like to withdraw, select the address and input the amount of cryptocurrency you want to withdraw.