Tech

5 Reasons Why Kenyans Love MPESA Mobile Money

posted on Dec. 14, 2020 at 6:23 am

The Kenyan market is famous for using bitcoin for its regular money-transaction. In fact, it is one of the oldest regions where bitcoin has started its expansion for the benefit of the people. Certainly, as per the year-long experience of handling bitcoin, the Kenyan people know how to make it more beneficial without being betrayed by the fraudulent market. Today, in this blog, we are going to explain why Kenyan people love to convert bitcoin to MPESA and why they find it more beneficial. So, let’s get started!

5 Reasons To Convert Bitcoin Into Mpesa By Kenyan People

1. Availability Of Local Bitcoins:

By converting bitcoin into MPESA, one can be able to meet the local peer to peer (P2P) marketplace which is not possible with regular bitcoin. People always find it safe to use localized products or services and in such a circumstance, having local bitcoin in the form of MPESA becomes very beneficial for the Kenyan people.

2. Easy To Use:

Often people find it difficult to use bitcoin or handle it perfectly. In such a situation, MPESA makes it easier for the bitcoin holder to handle it with the help of its simple terms and conditions and easy usage criteria. One can use MPESA bitcoin in any way according to his/her purposes with ease.

3. Usability As Mobile Money:

Nowadays the holding of mobile money has become very convenient for people to make their daily transactions. Although normal bitcoin can’t be used as mobile money, if it is converted to MPESA then one can able to use it even for his/her mobile money and utilize the money spent on purchasing the bitcoin.

4. Safer:

People always search for a safer way to transact bitcoin with others. Whereas there are no such available means that provide a secured and safe way for bitcoin transactions, you can use MPESA for the same. It makes it safer to deal with the bitcoin for your benefits through its safe terms and conditions or both the buyers and sellers.

5. Easier To Sell:

Selling bitcoin is certainly a heavy task as finding a reliable buyer on the web and also getting the expected price of this liquid money is mostly unavailable. But as MPESA helps in getting local bitcoin, one can easily get the seller within his/her locality and get a trustworthy and beneficial deal.

It is because of all these reasons that Kenyan people love to convert bitcoin into MPESA and enjoy the benefits to the fullest.